The 2022 Real Estate Market continues to boom making it a good time to discuss home selling tips for first timers. Selling your home can be surprisingly time-consuming and emotionally challenging, especially if you’ve never done it before. At times, it may feel like an invasion of privacy because strangers will come into your home, open your closets and cabinets, and poke around. They will critique a place that has become more than brick and mortar to you.
With no experience and a complex, emotional transaction on your hands, it’s easy for first-time home sellers to make plenty of mistakes. However, with a little know-how, you can avoid many of these pitfalls. Read on to discover 5 valuable tips on how to sell your house while maintaining your sanity.
Adapting a Positive Attitude to Sell
Once the decision has been made to sell your home, it’s critical for your communications to be prompt and timely. Be available, prompt and courteous when selling a home. It’s a good idea to know up front that you’re going to be inconvenienced once you’ve decided to sell your home. This awareness will make the home selling process a lot easier to handle. You’re going to have to get your home ready to sell, you’re going to have to do some packing and you’re normal everyday living schedules will likely be interrupted by visiting prospective Buyers. When you’re able to anticipate this, it can make the process a lot less painful. Anticipate to be inconvenienced.
Preparing Your Home For Her Big Debut:
A dirty home knocks thousands of dollars off of your profit. It’s true, a big chunk of money can be lost for not putting in a little elbow grease. Perhaps one of the greatest payoffs to home selling will be the time you spend cleaning and decluttering your home. Create a blank slate for buyers to envision themselves living in your home. This involves taking the “you” out of your home. When you’ve decided to sell your home, it is now important to realize that your home now needs to read like it could welcome anybody to suit their family. Begin your packing before you get your home listed for sale and remove all the memories on display and all the things that say “you” live there. Neutrality must now be present in your home. This is because too many Buyers can’t look beyond the “youness” of your home to picture themselves there, so it’s best if you make it easy for them, so it will be easy for them to buy your home.
Price Your Home Correctly
From the very first day that you list your home for sale, you will attract the most qualified and most interested Buyers. The first few weeks of a new home listing shines brightest. A fresh new listing draws the attention of Buyers waiting for a new home to hit the market and those Buyers who just started looking will see your home priced right, and will break down your front door to take a closer look. A listing that stagnates on the market for weeks and months on end becomes stale and often stigmatized as to why has the home hasn’t sold. They’ll either assume something is wrong with the home or that it’s priced too high. If Buyers think that something is wrong, they’ll want a discount and if it’s been on the market due to being priced too high, they’ll think you’re beginning to get desperate because your home hasn’t sold and that you’d likely start to consider taking a discount. Avoid the discounts, price it right, and increase your chances of having multiple interested Buyers.
Did you know that overpricing your home actually helps your neighbor’s home sell? It’s true! Imagine this. Buyers are qualified to buy within a particular price range so they’re looking at homes that they can afford; your competition, your neighbors. If your home is priced too high, they’ll never see it as it will not come up in the home search. Your home will be coming up in a higher price range; likely homes that are larger with nicer features and more appealing. This price range of home Buyers will look at your home but will skip over your home because they can buy a larger home with the same features for the same amount of money; why would anyone pay more for less space?
Photographs and Videos Make a Difference
Varied and high quality images definitely make a difference. Your potential Buyer requires information in the discovery phase. Photos and videos can absolutely set the stage. It is here, in this very first stage that your Buyer will begin to envision themselves cooking for their family in your open and spacious kitchen. Yes, photographs do matter. Over 90% of Buyers start their home search online and they want to “see” homes and not read about homes; they want to see high quality photos and videos. Poor quality photographed homes will have Buyers snubbing their noses at your home.
Know your local Real Estate Market
What’s moving the market? If you don’t know, make sure your realtor knows. If your realtor doesn’t know, find another Realtor who does know. Real Estate will always be local and to be able to sell your home, it’s critical to know what the local trends are for your neighborhood. Experience sells. Hiring a skilled, trusted, Real Estate professional gets homes sold in the shortest amount of time for the most amount of money.
Knowledge certainly is the beginning of power. Hopefully these 5 home selling tips for first timers will empower you to begin your home selling journey with confidence. With the right realtor by your side, helping you navigate the waters, you will be locked, loaded and, ready to put your home on the market. I would love to begin a conversation with you about anything real estate. Feel free to contact me here and connect socially with me on Instagram and Facebook.
