As Pennsylvania moves into the Covid-19 yellow phase of Governor Wolf’s three-step plan for opening the state, we know many people are ready to get back to work and move forward with projects that were on hold. For some of you, that includes selling your home in a now suddenly different time. Not to fear, below we share five tried-and-true tips for selling your home in any market. We remain ready and able to support you in selling your home now and in the days to come.
1. Invest in Pre-inspection
An inspection can either give professional, third-party validation, or reveal issues you should attend to before listing your property. Doing an inspection before bringing your house to market will allow you to better inform the buyer and factor any issues into the price negotiation.
2. Determine the Best Price for Your Home
There is no exact price in real estate but the market determines the value of your home. Variables you can control include the asking price, timing, financial alternatives, condition, and exposure methods. New homes to the market tend to generate a lot of buzz in the first week and there tends to be a dramatic fall-off after the second week. However, a house that is priced right will result in a better response from realtors, higher offers, and a faster sale. As the seller, it’s important to remember that value is a function of what the purchaser gets out of the home – not what the seller has invested in the home. Your realtor should be able to discuss a proper market strategy with you to determine the best price.
3. Consider getting your home professionally staged
You never get a second chance to make a first impression. Statistics show that most buyers make decisions in the first 15 minutes of viewing a home. A review of over 2,800 properties in 8 cities found that staged homes, on average, sold in half the time that non-stage homes did.
Great realtors know that when a seller stages their home, the home becomes more valuable than other comparable properties in that price range. The home that is staged can also move up in price and become the lower priced option in the next bracket or category.
4. Implement Great Marketing Strategies
Professional photos can make or break a listing and they are a must in order for your home to stand out from the competition. In addition to creating an attractive and accurate listing, talk with your real estate team to find out what they will do to market your property effectively.
5. Work with a Certified Luxury Home Marketing Specialist
Is your home valued about $600,000? Selling homes in the luxury market requires unique understanding. Make sure you’re partnering with a realtor that is a Certified Luxury Home Marketing Specialist (CLHMS).
Bonus Tip: Remember that your Realtor is your Partner
Your realtor should be your trusted partner. If there is anything you need throughout the selling process, reach out for recommended resources and vendors.
The Scott Newell Team provides the finest real estate service based on the highest standard of ethics, values, and integrity. Our goal is to earn the trust of our buyers and sellers, who will become lifelong clients and friends. Whether buying or selling, our team works for you. Contact the Scott Newell Team at 267-421-9266 or via email at [email protected].