20 Jan Improving the Odds of Selling Your Home in 2023
As we move into 2023, you may wonder if it’s a good time to sell your current home. While the housing market looks to be slowing down a bit, there is still plenty of demand from buyers to purchase a property.
If you decide that your family is ready to make a move this year, then you’ll want to consider the following strategies to help improve the odds of selling your home.
Select a List Price that Makes Sense
Pricing a home has always been a crucial part of selling a house. However, with the changes in the housing market over the past 18 months, it’s even more important now to get the list price right.
Home buying traffic has steadily declined, meaning that you’ll need to be smart about what you put your house on the market for.
If you select a price above that of other comparable homes in the neighborhood, you could risk the property sitting on the market for several months. However, if you price it below its true value, you might lose out on potential income.
Leave Emotion Out of the Process
It can be challenging to separate emotion from the selling process, especially when you’ve lived in a home for a while. For most people, a home is full of cherished memories of loved ones and special days. When it comes time to say goodbye, it’s often difficult to compartmentalize feelings and look at the property from an unbiased perspective.
However, it’s important to remember that for your house to sell, it needs to be priced appropriately. Oftentimes, hiring a real estate agent can be the best option, as they can assist you in determining the actual market value of your home.
Staging is Everything
A house is an extension of the people living there, which means that the colors, decor, and furniture often reflect your and your family’s personality. While you may love the green walls and ornate living room couch, it may not appeal to buyers. Try keeping things simple and storing away anything that could be distracting.
As potential buyers walk through the home, they want to envision themselves living in the space. Removing family pictures and decorations for showings is also a smart move when selling your home.
Utilizing a Real Estate Agent to Sell Your Home
Working with a real estate professional can be a great way to ensure you are getting the most for your home. Not only can they assist you in determining a fair value for the property, but they can also provide you with an unbiased view of the home.
Learn more about how a real estate agent can help you receive maximum value for your home. Call us today. We work Harter so you can live better. 949-412-2808
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