When you decide to sell your home, typically, the faster, the better is preferred, no matter the reason you are selling. Real estate experts say that the longer a house is on the real estate market, the less the offers will be, the lower the offers. Placing your home on the market between May 1st and May 15th on a Saturday will sell six times faster for almost 10% over asking price.
Knowing the best day and time of the year to place your house for sale, what else is there to know that will sell your home faster and for the highest dollar? First, make sure you are ready to sell. Maybe you have gotten excited about your neighbors selling, or you are getting close to retirement, so selling and moving sounds exciting.
As yourself the following questions and how you answer will tell you if you’re as ready as you may think you are:
- How much equity do you have in your current house? If you owe more than the current value of your home, you should wait a while.
- Can you afford the cost of preparing your house to sell? In addition to getting it ready to place on the market, hiring a real estate agent is a cost to factor in.
- Are you ready to leave the home that you have built? If you have raised children there, have holiday gatherings the past 20 years or more, you may more emotionally be attached than you think.
- If you’ve had run out of space or your current home is no longer functional for you, are you sure an addition, remodel, or renovation would it not be the easier and least expensive option?
If you answered all these questions to give you a big yes, you are ready to sell and move, then read on for tips to getting the most attention and fastest sale possible.
Don’t Go Cheap – Hire a professional.
You want a real estate agent that is on top of the latest technology available to real estate and has a professional style in staging your home. The agent you hire should have a good track record of recent sales at top dollar. They should know your neighborhood and the type of potential buyers it will attract.
Cash Home Buyers Calgary suggest When they come to visit you and tour your home, can they tell you the features your house has that buyers want? Do they have recommendations for repairs and replacements that will help it sell for top dollar? Do they have a professional photographer to take the pictures? Where will they advertise your house? Online and print newspapers, social media, etc.? What is their philosophy on open houses?
Location and Timing – In real estate, these are important.
We have already mentioned the best time for putting a house on the market is between May 1st and May 15th and post it on a Saturday. Spring and summer have always been the typical best time for families as they are timing their move between school ending one place and starting in their new home, which may be the case for you too. It is also the better time of the year weather-wise.
However, if your move is job-related, you need to keep your start date in mind. You also need to factor in your buying a place as well. The experienced real estate agent will be able to assist you in choosing the best time and the target date to make your house market ready.
Now It is Time to Get Your House Ready!
With all of these things in place, making sure you are ready to sell and finding the right real estate agent, it is time to get your house ready:
- Raise the Curb Appeal
The exterior of your home will be the first impression for potential buyers. When the lawn is unmowed, the flower beds are not clean and neat, the shrubs need trimming, and tree limbs are hanging on the ground or the roof, it is a turnoff. If a house has a layer of green mold, it looks not only dirty but old and not worth what you are asking for it or what it is on the tax roll.
Pressure wash the house, deck, patio, porch, walkways. If it doesn’t look good, a buyer will move on to the next home on their list. Edge and mow the lawn, clean up the flower beds, and add mulch. Trim the hedges, freshen up the paint on the door, shutters, and maybe update the mailbox and front porch lighting.
- Clean, Declutter, Depersonalize
Most real estate articles of this type will break this down into three different factors: Clean it. Declutter it. Depersonalize it: In this piece, we are putting it together because it all is to reach the same goal.
You want potential buyers to see your home’s best features and to be spacious. You can achieve this by decluttering it, which is an excellent time to weed out what you do not need or want. Have a yard sale, give it to charity, or put it in storage. Do not shove it all in closets or the garage, and those are the areas that buyers want to see. They want storage space. Take down personal pictures, pack away personal items. Your house should be neutral so that potential buyers can picture themselves living there.
- Small Upgrades Bring Bigger Bucks
Wondering How to sell your house fast Calgary, so major remodel now is not necessary because you are not going to get that money back. Give attention to small repairs and upgrades that will give potential buyers that WOW, with a focus on the bathrooms and kitchen. These are the two rooms that will get your money back.
Do a walkthrough, making a list as a potential buyer would of things that could stand a repair or replacement, painting, or polishing, etc. Buy a couple of new lamps, paint the master bath, new curtains in the kitchen; those are the things that will make an immediate difference. Updating the hardware on the kitchen cabinets and a new light fixture will do wonders, replace the shower curtains, and faucets to give every bathroom a fresh look.
Stage It to Photograph It at Its Best
Your real estate agent should be a part of this from the beginning. They have the experience and know what shows well and what doesn’t. You make sure your home is clean and declutter. They will rearrange the furniture so that it looks like a show house (because it is). Your realtor may have a professional home stager they work with who knows what a buyer’s expectations and perspective are when looking at houses.
Next, your realtor will have a professional photographer take pictures of every room from various angles, usually with all the lights on and shades open. This is where having neutral colors décor, furniture, and walls will make your house look bigger and brighter. Each room should have a minimal amount of furniture, clean floors, dusted furniture, and light fixtures.
Time to Price It
Again, this is where your realtor will come in and be a huge help. You need to price your house for profit, but at a price, it will sell. Don’t rate it on emotions and memories. Your real estate agent will research what similar homes in the same area have sold for recently. There will be an appraisal later on as you get offers, so be sure the advertisement for your house point out updates that you have made, i.e., HVAC system, water heater, flooring, etc.
Promote Your House
Your realtor will be promoting your house, calling connections with other realtors, current clients, and past clients. They don’t know all your friends though, so put the word out there to family and friends that you have your house on the market. Post it on Facebook, using the link your realtor has created. Social media is the place to sell, with more than two billion users. You won’t get the attention of every one of them, but you’re getting the attention in the attention of more people than your realtor is reaching.