3 Things To Prioritize When Selling Your House

Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid costly mistakes and win big when you make a move.

 

When inventory is low, like it is in the current market, it’s common to think buyers will pay whatever we ask when setting a listing price. Believe it or not, that’s not always true. Even in a sellers’ market, listing your house for the right price will maximize the number of buyers that see your house. This creates the best environment for bidding wars, which in turn are more likely to increase the final sale price. A real estate professional is the best person to help you set the best price for your house so you can achieve your financial goals.

 

Today, homeowners are living in their houses for a longer period of time. Since 1985, the average time a homeowner owned their home, or their tenure, has increased from 5 to 10 years (See graph below):

 

 

This is several years longer than what used to be the historical norm. The side effect, however, is when you stay in one place for so long, you may get even more emotionally attached to your space. If it’s the first home you purchased or the house where your children grew up, it very likely means something extra special to you. Every room has memories, and it’s hard to detach from that sentimental value.

 

For some homeowners, that connection makes it even harder to separate the emotional value of the house from the fair market price. That’s why you need a real estate professional to help you with the negotiations along the way.

 

We’re generally quite proud of our décor and how we’ve customized our houses to make them our own unique homes. However, not all buyers will feel the same way about your design and personal touches. That’s why it’s so important to make sure you stage your house with the buyer in mind.

 

Buyers want to envision themselves in the space so it truly feels like it could be their own. They need to see themselves inside with their furniture and keepsakes – not your pictures and decorations. Stage, clean, and declutter so they can visualize their own dreams as they walk through each room. A real estate professional can help you with tips to get your home ready to stage and sell.

Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid costly mistakes and win big when you make a move.

4. Optimize Your Home's Curb Appeal

Curb appeal is the first impression potential buyers get when they see your house. It's crucial to make this impression count. Start by power washing the exterior, ensuring the house numbers are legible, and adding a fresh coat of paint to the front door. Plant colorful blooms in attractive pots and planter beds to create a welcoming atmosphere. Trim back trees and shrubs from the approach to the front door to keep the view clear and inviting.

5. Declutter and Depersonalize

Clutter and personal items can distract buyers from the home's features. Remove any unnecessary items, such as family photos, knick-knacks, and seasonal decorations. Pack up these items and store them away to create a clean and neutral space. This will help buyers visualize themselves living in the home without being influenced by your personal touches.

6. Enhance Lighting and Ambiance

Lighting can significantly impact how buyers perceive your home. Ensure that every room is well-lit by using lamps and natural light. Replace old light fixtures with new ones if necessary, and consider using dimmer switches to create different moods. Additionally, make sure the fireplace is clean and functional to add warmth to the living room.

7. Focus on Neutral Colors and Furniture

Neutral colors and furniture can make your home feel more spacious and inviting. Paint walls in neutral shades like white or beige, and use light-colored furniture to create an airy feel. Avoid bold or personalized items that might turn off potential buyers. Instead, opt for simple, repetitive items like throw pillows in neutral tones to add harmony to the space.

 

Today’s sellers’ market might be your best chance to make a move. If you’re considering selling your house, let’s connect today so you have the expert guidance you need to navigate through the process and prioritize these key elements.

View Silverlake homes for sale.