When it comes to selling your home, there are many things you can and should do to maximize the return you'll get, while setting yourself apart from the competition found in a buyer's market. These are five of the important things to consider when you're ready to list your house, whether it's in Salmon Arm or anywhere else.
1. Get Your Home Ready To Show
This is essential because you only have one chance to make a good first impression. Your home has to look great to prospective buyers, both inside and out. Things you can do to get your home ready for showings include decluttering, give it a thorough cleaning and get the carpets shampooed if you have pets or dirty rugs. Repair and paint any holes or knicks on the walls and woodwork. It's also important to make sure your garden looks decent, so give the lawn a mow, get rid of any weeds that are showing and pick up any garbage around your house. For a complete to-do list, check out our page on preparing to sell your home.
2. Find A Good Real Estate Agent
Another crucial aspect of selling your home is finding the right agent. Look for someone who has been in your area for a long time and is therefore familiar with the market and home prices in your community. Also talk to friends who have recently sold their home about the agent they used. In a buyer's market, a good agent will work with you to determine the right value of your house, which takes us to the next tip....
3. Price Your Home Properly
Another essential in a buyer's market is pricing your home correctly. With a lot of homes on the market, you don't want to price yours too high where a potential buyer will simply go with a home similar to yours that's listed at a lower price. Your real estate agent will help you find that perfect selling price. If your home is priced way above market value, it'll sit there and you don't want your home listed on the market for weeks and months because people will start to wonder what's wrong with it (even if it's in perfect shape with no major issues).
4. Check Out the Competition
Your agent can certainly help you see what you're up against in terms of other homes for sale in your neighborhood. Additionally, a good thing to do is go out on the weekend and check out a few homes on the market in the area where you live. This will give you a pretty good idea of what's out there and how well your house stacks up against the others.
5. Get a Home Inspection Done Before You List
Many prospective buyers will make an offer on a home pending an inspection, so why not get the inspection done beforehand, by a well-qualified home inspector? You'll give buyer's peace of mind, and, if there is a major problem, you can take care of it, or price your home accordingly without fixing the issue. Also too if a buyer's inspector does find a major problem, most people will simply move onto the next home and forget about yours.
If you're thinking of selling your home in Salmon Arm or the Shuswap area Contact Royal LePage Access today. Reach us by phone at (250) 832-9997. Or call toll free at 1-877-604-9007.
Posted by Marv Beer on
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