Maximize Your Profits and Minimize Your Stress: Discover 9 Proven Tips for Selling Your Home Quickly and Above Market Value
Sellers have a great opportunity to get above fair market value and sell their homes quickly. We have tips for home seller's to help attract the right buyers and pick the right real estate agent.
This is a great home seller's guide if you're thinking "I want to sell my home fast" or need a "guide to sell my home," You've come to the right place, so let's get started with home selling tips - here's # 1 . . .
1 \ Hire a Hungry Agent
A "hungry" real estate agent is not to be confused with real estate agents that lack experience. Some of the best real estate agents out there are both motivated and experienced.
Check real estate agents by their reviews for past sales. If the Real Estate Agent know their stuff and have a great track record of success, are driven, also have experience, you've likely found a good fit to get the best possible outcome for your sale! If you want to be thorough, Ratemyagent.com is a great place to check the credibility of your real estate agent and find verified reviews. Ask about their experiences and how they overcame obstacles to help achieve client goals before hiring. Remember that your agent is a representation of you and should be someone you are comfortable with and that can fight for your on your behalf.
2 \ Price Below Market Value
"How the heck will I get more if I ask for less?!" Actually, sometimes lowering your asking price can be a smart move.
When you lower your price, more buyers might be interested in your home who couldn't afford it before. Your real estate agent might have a "bidding war" with buyers and their real estate agents that could raise the offers on your home.
Consider lowering your asking price by 5-10% out the gate. But be careful! This strategy can backfire if you don't have a top real estate agent who knows the local market to guide you and if it's the right kind of market to use this tactic, like a seller's market. Make sure you have market data to back up your decision. Here is a guide to selling your home with this strategy in Seller's market.
3 \ Step Up Your Curb Appeal
First impressions are everything. You want to ensure that your home looks inviting and well-cared for from the moment potential buyers pull up to the curb.
Curb appeal is all about enhancing the look of the exterior of your home. This includes everything from landscaping to the condition of the driveway and sidewalk. It doesn't have to be a major overhaul - simple changes costing a few hundred dollars or less like planting some flowers or giving your front door a fresh coat of paint can make a huge difference.
Just keep in mind that major renovations like a new roof or fence can be expensive, so make sure to consider your budget before diving in. With a little bit of effort, you can create a positive and lasting impression that will help your home sell quickly and for a fair price. If you're not sure ask your real estate agent what you can do to increase your curb appeal, In Philadelphia we have tons of murals, here is an article about a mural by Keith Haring and his icon dancing men mural that bring real history and charm to this neighborhood.
4 \ Owning Less is Better than Organizing More
Potential buyers want to be able to envision themselves living in your space, and living in clutter isn't usually a plus.
This means you need to depersonalize your space by removing any family photos, memorabilia, or anything that might be too specific to your taste. Here's an article for Home Sellers: What Needs to Go Before You Start to Show what not show to get you started.
You'll also want to declutter your space. This means getting rid of any unnecessary furniture or items that might make the home feel cramped or cluttered. A cluttered home can be a
major turnoff for prospective buyers, and it can make it difficult for them to imagine themselves living in the space.
Start by going through your belongings and getting rid of anything you no longer need or want. You can also consider renting a storage unit to temporarily store excess furniture and personal items.
The goal is to create a clean and spacious atmosphere that will appeal to a wider range of buyers. It's a simple but effective way to help your home stand out in a competitive market and attract the right buyer. Any real estate agents worth their weight will tell you this is a must in a home selling process. Remember, you are trying to highlight the home - not the stuff in it.
5 \ Some People Search for a Beautiful Place
Others Make a Place Beautiful
A homeowner's ability to do repairs and make your home both functional and beautiful can pay off in a big way during the selling process.
Buyers typically are looking for homes that are move-in ready and require as little work as possible. Simple repairs like fixing leaky faucets, patching holes in walls, and replacing damaged flooring can make a big difference in the overall appeal of your home even in a Seller's market.
Upgrades like new appliances, updated lighting fixtures, and fresh paint can also add value and make your home more desirable to buyers. Buyers will like that you took care of the house and it will be move-in ready, so you might sell it quickly and get better offers.
If you are worried about the cost of these repairs or upgrades, we can front you the cost of the repairs with 0% interest and no fees - not ever. Learn more about our Compass Concierge program now.
6 \ Home Staging is No Longer Optional
In this Real Estate Market it's a Must
Selling your home is all about first impressions, and that's where home staging comes in.
A well-staged home can help buyers envision themselves in the space. From arranging furniture to adding decorative touches, your real estate agent and a professional home stager can transform your home into a showpiece that can command a higher price. Look at this before and after a photo showing the difference.
By taking the time to stage your home, you're not only making it more attractive to buyers but also potentially increasing its value. So whether sellers choose that you hire a professional stager or do it yourself, remember that home staging is a must when it comes to listing your home, and with a little effort, you can get a higher price.
7 \ A Picture Says a Thousand Words
Videos are Worth a Million
High-quality photos are a must, most buyers begin searching online, so your photos need to make a great first impression.
That means using a good camera and taking high-resolution photos that showcase your home's best features. Natural lighting is also important, so consider taking photos during the day when the sun is shining.
Videos allow potential buyers to take a virtual tour of your home and can capture the essence of your home in a way that photos simply can't. With a better sense of the flow and layout of your home, videos make for a movie trailer for your home and help buyer's agents get your home in front of more buyers.
8 \ Welcome Buyers to Their Future Home
You want new owners and other home buyers to feel at home as soon as they walk in the door, and that means creating a cozy and inviting space.
One way to achieve this is by using neutral colors and decor. While you may love bright and bold colors, they can be a turn-off for some buyers. Stick with warm and neutral colors like beige, gray, and white, and add pops of color with accessories like throw pillows and artwork
While your family photos and artwork may be important to you, they can be distracting to buyers. Instead, focus on creating a neutral canvas that allows buyers to envision their own belongings in the space. Small touches can make a big difference in creating a warm and inviting atmosphere that buyers will love like blankets, candles, and fresh flowers.
Ultimately, the goal is to create a space that feels welcoming to all people, regardless of their personal style or taste.
9 \ Flexibility
When it comes to selling your home, being flexible with showings can make a huge difference. It's important to remember that potential buyers may have busy schedules, and limiting showing times could mean missing out on potential offers.
By making your home available for showings and open houses for buyers, you increase the chances of finding the right buyer. It's also a good idea to make the process to sell a house as easy as possible for buyers by providing clear instructions on how to access your home and making sure it's always clean and ready for showings so you can get a home sale to win!
Remember, selling a home is not an exact science, it's a combination of an art form and data analysis
The real estate market can be unpredictable, and there are no guarantees that sell your home will sell quickly at a fair market amount. However, by following these tips and working with a professional real estate and listing agent first, you can improve your home inspection chances of a successful sale. Selling your home quickly in a competitive Philadelphia housing market can, but it's not impossible - especially with the right agent. We are here to help!