Facebook
X
Pinterest
Copy Link
In real estate, it is common for sellers to overlook simple steps that can increase their home’s value and make the sale process smoother for both parties. Sellers often know well in advance that they will be selling their home, yet they may not sufficiently prepare. Kitchens and bathrooms are critical areas that influence home sales. Updating outdated appliances with affordable options, adding a new backsplash, and ensuring clean flooring can enhance the kitchen without a complete remodel. Similarly, updating bathroom fixtures such as commodes, refinishing bathtubs, and sinks can lead to higher offers. It is helpful for sellers to consider what would appeal to them if they were buyers. Another beneficial update includes applying a fresh coat of paint where necessary, both inside and outside the home. Sometimes, a power wash can significantly improve the exterior appearance. Decluttering and removing personal items allow potential buyers to envision their belongings in the living space. Hiring a cleaning crew to deep-clean the home is advisable. It is also advisable for the owners and agents to maintain that level of cleanliness throughout the selling period. Addressing cosmetic repairs before inspections is also recommended. Yard updates, including new shrubs or flowers and regular lawn maintenance, contribute positively to the home’s presentation. Engaging a real estate agent can help identify necessary updates and provide guidance on staging furniture. In some cases, hiring a professional stager can be worthwhile. The real estate agent can offer a comparable market analysis (CMA) to determine the optimal listing price. Ensuring trust in the chosen agent helps accept the fair market value that they suggest. Occasionally, homeowners may have unrealistic price expectations due to a lack of resources and training. Real estate agents rely on the resources available to agents to accurately price homes based on the sale of similar properties within a specific radius. It is important to trust the CMA provided by the agent since buyers’ agents also conduct their analyses to advise their clients on suitable pricing. Setting a price too high can result in the home lingering on the market. Once an appropriate offer is made, the seller should be prompt in signing documents and responding, as contracts typically have expiration dates. Efficient handling of these matters can reduce stress for both buyer and seller and ensure that the home is sold for the best possible price.
