8 To-Do's When Preparing to List Your Home
Did you know the month of May has the rep for being the best time of year to sell? A ten-year analysis of home sales shows sellers see a 12.6% boost above home market value during May. So, sure. Look towards May. But here’s the thing. It takes more than the right month to get top dollar. It'll take careful planning and preparation — and that ain’t gonna happen overnight. So…if you’re thinking of selling this spring — March, April, or May — here are 8 things you can knock out NOW that will make it all worthwhile come spring. 8 To-Do’s to Prep Your Home to Sell this Spring 1) Declutter, donate, and organize your closets, drawers, and attics.2) Clean out the garage and consider painting the walls and floor.3) Identify major repairs and make a plan to fix them one by one.4) Ensure that major appliances are in working condition. 5) Focus painting efforts - think entryway, foyer, kitchen, and bathrooms.6) Replace your house numbers and mailbox to make it easy for sellers to find your home.7) Clear out winter debris little by little.8) Reach out to your agent (me!) If you're out of the area, I can refer you to a great agent. Selling your home in 2023? Let’s partner together to maximize your profits. DM me to get started!
When You Go FSBO, You're Running a Black Friday Deal on Your House
Umm. Don't panic...but if you’re thinking of selling FSBO, you may be giving buyers a Black Friday Deal on your home. Here’s why: The average FSBO home sold for $260,000 in 2020. The average agent-assisted home sold for $318,000 in 2020. That’s a difference of $58,000, folks! Factor in agent commissions ($19K), and you still have a difference of $40,000 when you use the professional services of an agent. (Not to mention agent homes sold on average 20 days faster than FSBO listings that were forced to renew on the MLS.) The Black Friday takeaway? If you’re thinking of selling, don’t leave thousands on the table that should be in your pocket. Work with an agent who knows your neighborhood, the market, and how to price your home just right. Looking for an agent like that? I’d love to help! Send me a message, and let’s chat.
Vocab to know when Selling
REMINDER: It's okay to stop your agent and ask "Wait... What does that mean?"That's what we're here for! Here are a few vocabulary words you'll hear around your real estate agent when selling your home:-Comps: Short for “comparable sales.” Comps are recently sold homes similar to yours in location, size, condition, and features. You and your agent will use comps to help price your home.-Staging: The process of making your home appealing to the masses by decluttering, rearranging furniture, or bringing in different furniture and decor. You can stage your home yourself or hire a professional stager.-Contingent: A word meaning “dependent on.” In real estate, it means the seller has accepted an offer, but some additional conditions must be met. The most common contingencies include inspection, financing, appraisal, title, and home sale.-Earnest money: The money a buyer puts down when they are serious about purchasing your home. The higher the earnest money, typically, the greater the interest.-Escrow: A third-party account that holds funds like earnest money, property taxes, and insurance during a real estate transaction.-Home warranty: A service contract often provided by sellers that covers the repair of major appliances and systems during the first year after a home sale.Thinking of selling and want to hear more about comps, staging, or any other parts of the process? DM me, and let’s connect!
Categories
Recent Posts
