If you’re thinking about selling your home this summer, there’s no time like the present to start making it a reality.
It’s still a sellers’ market. Buyer demand remains high and the number of homes for sale is still lower than it’s been for years. This means you may have a greater chance of receiving multiple offers. Combine that with great financing options and historically low mortgage rates, and the odds are good that you’ll sell your home for top dollar.
Avoid the biggest pitfall — overpricing
The majority of showing activity occurs within the first two weeks after a home is listed for sale on the market. By pricing your home competitively, you’ll get more showings upfront. When activity comes early, you are more likely to earn close to the listing price and potentially attract multiple offers. If you overprice and the home sits on the market for months, buyers will then be much more likely to underbid in hopes of securing a bargain.
Together, you and your Rector Hayden Agent will work to assess your home’s current market value by taking into account the prices of competing properties and recently sold properties nearby, as well as conditions and amenities.
Improving your odds
Familiarize yourself with common pitfalls that can prevent you from selling your home quickly – an unwelcoming exterior, an interior that may feel too “lived in,” a kitchen that needs major updating and excessive clutter throughout (especially in closets).
A few small improvements can make a world of difference. Improve curb appeal by freshening up the landscaping, update a kitchen with upgraded countertops or freshen outdated cabinets with a coat of white paint. New appliances, light fixtures and flooring are an easy way to add appeal, especially in key areas like kitchens and bathrooms. And, of course, decluttering may be needed to get closer to that “model home” appearance buyers find so enticing.
So now you’re ready to sell!! If you aren’t already connected with a Rector Hayden REALTOR, we’d love for you to give us a call. During our business hours, 7 days a week, call in and be connected with an agent on duty who will be happy to answer any questions you may have! You can reach us at 859-276-4811 or Toll Free at 1-800-228-9025! Or – feel free to send in an e-mail to clientcare@rhr.com and your message will be sent to an agent.