Best Tips for Selling

The real estate news cycle is constantly dominated by what a seller’s market it is, and has been for virtually three years. Granted, much has happened in real estate news over the last six months to sort of quell the astronomical demand but the fact of the matter is that there’s still not enough supply. As you approach selling your own home, you might assume that it’s a walk in the park, a done deal. However, there are still things you ought to do to make your home selling process the most successful it could be. 

The Price is Right

Mortgage rates are up from where they were this time last year, rising home prices are slowing, and inventory is creeping up. This means to make your home marketable, you have to price it appropriately according to where your specific market is at the moment. If you go too high, you’ll box some buyers out. Too low and you risk underpaying yourselves. An experienced real estate agent who knows your area will be able to help determine what the ideal price point is to still sell your home aggressively. 

Staging

You never get a second chance to make a first impression. This counts in home buying, too. To attract buyers, stage your home in such a way that they can envision their lives there. Attractive staging is proven to drive up the final sales price of a home so don’t skip this crucial step! 

Stay Calm

The truth is, this generation of homeowners is staying in their homes longer. The National Association of Realtors shared that between 1985 and 2008, the average length of time people stayed in their homes was only 6 years. In 2022, the number is ten years. That’s almost double the amount of time to make memories, feel settled, and mark your kids’ growing heights on the doorframe. Remember that moving away from that home doesn’t take your memories with it, and you’re headed towards a new place ready for new memories.

If you’re ready to sell your home in 2023, contact us today!