It's easier to sell your home in a seller's market, but that doesn't mean the home will sell itself. Selling your home requires strategy and planning, and in a seller's market there are specific things you can do to get the best offers. Here are some tips for selling in a seller's market:
A hot seller's market doesn't mean you don't have to clean and stage your home for buyers. It's still important to make a good impression on anybody who tours the home or even passes by while outside. Spend some time improving your curb appeal by tidying up landscaping, adding container plants or power-washing your front porch. Inside the home, make sure everything is clean and de-personalized. This will help buyers imagine themselves living happily in your home.
If you list your home just below market value, you'll see offers quickly. Don't undercut the price to the point of creating a loss, however. Decrease the purchase amount by just enough to provide room for negotiation and to encourage larger offers from motivated buyers. Even dropping the price by a few thousand dollars can make a dramatic difference in the attention your listing will get. For additional advice, work with your real estate agent to find the best price.
No matter how easy it might seem to sell your home yourself, working with a real estate agent will benefit you in the long-term. Not only will you get better offers from qualified buyers, you'll also have somebody to represent you in negotiations and other parts of the transaction. Selling your home is a full-time job--let the agent do the work. Of course, you will want to be communicative and present during the process, but placing trust in your agent will result in a more successful sale.
Are you ready to list your home for sale in a seller's market? Keep these tips in mind to better navigate the market and get the best price for your home.
Kimberly Kelly decided to get her real estate license when she moved to South Orange with her family and fell in love with the classic, period homes of the area. Having worked in the city for many years for LexisNexis, Kim understands the appeal of an easy commute to NYC. That’s why she specializes in towns along the Mid-Town Direct train line, offering welcoming communities, good schools, and space to grow.
Very active in her children’s school PTA, Kim knows firsthand how important a school system is to parents looking to make the move to the ‘burbs. She volunteers with fairs, fundraising, and other activities that bolster support for education. Kim also believes involvement in the greater community enriches us all and has sat on various boards & associations throughout the years.
Kim Kelly has lived many places throughout her life, from Pennsylvania to Oregon, but has found New Jersey to be the ideal place to raise her family and put down roots. She loves nothing more than helping others discover their special place as well. Kim’s extensive knowledge of the area, combined with her sense of community, offers clients a personalized guide to finding the right house - and town - to call home.
