Selling real estate can be a daunting task, but with the right knowledge and skills, it can also be a successful venture. As a blog writer for Oakstrand Realty, we understand the importance of educating ourselves and our clients in order to achieve success in the real estate market. In this blog, we will provide you with some helpful tips to get started on your journey to selling your property.
Be Present During Inspections
When your property is being inspected, it is important that you are present. If an inspector tells you that your presence is not necessary, this should be a red flag. Being present during the inspection ensures that it is thorough and also gives you the opportunity to learn more about your investment.
Make a Plan Before Listing Your Home
Prior to listing your home, it is important to have a plan in place. This includes setting a listing price and determining the lowest price you are willing to accept. It is also beneficial to schedule open houses before listing to ensure that you are fully prepared for the day your property goes on the market.
Focus on Increasing Storage Space
Buyers are often looking for ample storage space in a pre-owned home. Consider adding shelving to closets or an island in the kitchen to make your home more appealing to potential buyers.
Assist Buyers in Need
If you have a potential buyer who is struggling to secure financial support, consider offering a lease-to-own option or covering some closing costs. These small gestures can make a big difference in whether or not your property sells.
Price Your Home Competitively
When pricing your home, it is important to choose a price that is relevant within 30 days of listing. Home prices fluctuate throughout the year, so pricing your home in the winter with a spring price may not attract buyers. It is better to wait to list your home at a higher price than to overprice it and have it sit on the market.
Power-Wash the Exterior of Your Home
Before showing your home, consider power-washing the exterior to remove dirt and grime. This will give your home a fresher and newer appearance, potentially eliminating the need for a new paint job.
Negotiate with Sellers
When making an offer on a property, never offer the full price unless it is part of a short sale. Most sellers are willing to negotiate, and offering the full price may result in you paying more than the seller was originally willing to accept.
Give Your Rooms a Fresh Coat of Paint
To make your home more appealing to buyers, consider giving the rooms a fresh coat of paint in a neutral color. This will give your home a more updated look and can be mentioned in the listing to attract potential buyers.
Take Advantage of Real Estate Selling Tips
Despite rumors of a difficult real estate market, there are secrets to success that can help you achieve your goals. Use these tips to gain a better understanding of what it takes to sell real estate and increase your chances of success.