5 Ways to Prepare for the Spring Market: Your Home Edition
1. Interview Your Realtor: selecting your Realtor is the most quintessential part of selling a home. Your Realtor is your navigation. Your Realtor is your market expertise. Your Realtor is your partner! Work with someone who you trust has your best interests in mind, and vice-versa. From the initial listing appointment all the way to the final signature at settlement, be sure to select someone who you are comfortable with and confident in.
2. Begin Packing and Organizing: clear the clutter! Call Marie Kondo! First impressions are everything. Let's ensure that we make a good one. The most common home improvement items are decluttering the home, deep cleaning appliances and furniture, carpet cleaning, and removing pets (during showings). Also, remove personal memorabilia; prospective buyers want to see a place they can personally visualize living in. The best way to help them do that is to create a blank slate.
3. Make Repairs and Improvements: the more proactive a seller is on making repairs and improvements, the more inclined a buyer is to make an offer, the less repairs are requested during inspection negotiations, and the more money gets put back in your pocket!
4. Stage Your Home: according to Pennsylvania Association of Realtors, when staging a home, 29 percent of sellers’ agents reported an increase of one percent to five percent of the dollar value offered by buyers, in comparison to similar homes. Twenty-one percent of respondents stated that staging a home increased the dollar value of the home between six and 10 percent. While home staging costs money, it helps maximize your sale (and again, return)!
5. Prepare for your Next MOVE: if you followed Step #2, then you should be *mostly* packed and prepared to move. Be sure to tell your Realtor what your next moving/living plan is so that s/he can work around it and negotiate your future plans in to the overall offer on your home. If you're planning to sell and buy right away, your Realtor will help you achieve, and most importantly, smoothly achieve both!