We’ve been in a seller’s market here in Plano for some time now but all signs are pointing to a change in the wind! Seller’s who once thought their home would sell the second it was listed have found that to no longer be true.
What does it take to be the seller with the winning home? Well, first let’s talk about what winning really means.
Winning means, for most people, selling your home at an optimum price in a reasonable amount of time, with very few, if any, conditions. When it’s a seller’s market, potential buyers try their very best to opt out of any conditions they may keep them from being the star bidder in a pool of many bidders on a single property.
They may, for instance, decide to rent their house out instead of selling it right away so that they don’t have to put in an offer contingent on selling their existing home. They may borrow money from family or take on a second job just to qualify as the winning offer.
When a market evens out, sellers have more pressure on them to put their best foot forward in order to sell their home in a reasonable time period, for at or near the price it’s listed.
Four Ways to be a Competitive Seller
1. Get the price right
The peak homebuying season may be over, but there are still steps you can take to ensure a speedy sale. Setting the right price and making an excellent first impression are both essential to attracting buyers, but what else can you do to get the offers rolling in? Here are 10 tips to help you sell your home as quickly as possible – even in the offseason.
2. Sexy up your curb appeal
This could mean adding new sod, planting flowers, painting the front door or replacing the mailbox. Prospective buyers form an opinion the moment they spot the home. Curb appeal is everything. Driving into the driveway and walking into that front door sets the expectations.
3. Update! Update! Update!
New fixtures, fresh paint, and updated landscaping are all fairly easy and affordable ways to give your home a makeover. It’s got to look up to the current market conditions and what’s in style.
4. Hire Professionals
Hire the Realtor you trust. When interviewing a potential agent, always ask for credentials, check out their reviews and definitely, go with your gut instinct. The right person for the job could mean the difference between a painless homes sale and on that causes you nightmares and headaches.