Now that we are more than halfway through spring, more and more “For Sale” signs will be popping up as it gets closer to summer. With the incentive of declining mortgage rates, home buyers will be looking for a great deal this home buying season. If you are a first-time seller, you need to be strategic with how you list your home for sale. Below, we give you three tips that you will find helpful if you are selling your home for the first time.
Tip #1: Price at a Competitive Rate
The goal of listing your home is to cast a wide net that attracts potential buyers. This means you need to be logical and rely on your real estate agent’s expert opinion and market data. Don’t make the mistake of letting your emotions dictate how much you are willing to let your house go for. Studies show that nearly 60% of homes nationwide sell at or above listing price if the offer is accepted the first week. That number drops to 7% in the second week and continues to decline as the weeks go on.
Tip #2: Stage Your House
Another way to attract more potential buyers is to stage your home in order to boost its appeal. Your real estate agent can give you the best advice on how to arrange your home to look more balanced and inviting to lookers. The goal with staging is to find the right balance between being cluttered and being empty.
Tip #3: Complete Repairs Before You List
Don’t delay completing home repairs, and make sure you have them all wrapped up before the inspection. If you have any issues, such as a running toilet or leaky faucet that would turn a buyer off or be flagged by an inspector, make sure you fix them before you list your house for sale.
Are you selling your home for the first time? Do you have more questions about what you need to do to make the most profit on your property? Then contact our team at Dippy Chhina to speak with one of our dedicated realtors in Santa Clarita. We are here to serve you!