When listing in the fall, there are six critical tips all sellers should follow.
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Given the high level of buyer demand still left over from the market’s summer months, fall is actually a great time to sell. And with interest rates on the rise, buyers and sellers alike can benefit from striking a deal as soon as possible.
Even so, it’s important to realize that today’s average interest rate (5%) is still historically low compared to the previous average of 7%.
With all of this in mind, here are six key tips sellers should follow when listing in the fall:
1. Don’t over-improve your home. Making your home look its best is great, but don’t invest too much money on projects that won’t bring a high return.
2. Declutter and depersonalize your home. Buyers want to be able to imagine themselves living in your home. Family photos or other highly personal touches, therefore, may make it difficult for them to do so. A messy environment, too, can be off-putting for buyers.
3. Freshen up your curb appeal. Your home’s curb appeal will serve as a buyer’s first impression, so it’s essential that your property’s exterior looks its best. Even just mowing your lawn and adding fresh mulch can go a long way.
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Selling without the guidance of a real estate professional would be a major mistake.
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4. Don’t limit the number of showings. The more people who view your home, the better chance you’ll have of earning top dollar. Your property should always be in show-ready condition while it’s on the market.
5. Don’t overprice your home. Even though we’ve been in a seller’s market for several months now, market conditions have begun to shift. Smart sellers today know that listing at fair market value is the best way to generate buyer interest and earn the best possible price. An overpriced home will earn far less money than one that was priced correctly from the start.
6. Don’t sell your property on your own. Working with an agent will not only help you secure superior results for your listing, but it will also help you avoid potential legal issues. Real estate agents are trained to understand all of the ins and outs of the listing process. Selling without the guidance of such a professional would be a major mistake.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
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