With the shifting real estate market, you may be wondering what you can do to really stand out to the buyers that are shopping for a home. We outline our best tips for getting your home to be the one that buyer’s choose in the video below.
Are video’s not your thing? Read below for a quick outline!
Just the other day I was showing 2 homes in the same neighborhood, with similar floor plans, and very few differences. We wrote an offer and were competing on one of the homes, and the other is still sitting on the market more than a month later.
We want your home to be the house that sells right away. Frequently when I am talking to sellers they believe that buyers will be able to make improvements to the home after they have made the purchase. In reality, most buyers don’t have the extra money and will devalue your home as they start to see the projects they want to complete. We want to invest in meaningful projects that will warrant the highest return on your investment so buyers walk in and say “oooh, this one”
Before you do any projects, be sure to consult with your realtor, me, about what projects make the most sense. I will be able to give you valuable information about the projects that will wow buyers, and the projects that we can leave alone. I’l do a market analysis of your home’s current value and a probable analysis after the updates are done. Kitchen and bathrooms will get you the most money back, but curb appeal is also high on the list.
The next step is going to be getting bids from contractors and deciding who to hire. If you don’t know any contractors, and don’t know where to begin, I am happy to share my list of contractors and vendors to make sure you are well taken care of.
Lastly, it’s time to do the work! Make sure you set a timeline, so you have an end date to the projects. We don’t want to be working on things for 6 months, because we don’t know what the market is going to look like in 6 months. You want to be doing projects on your timeline, not waiting around for a contractor.
Once everything is finished, new will get a new market analysis and set up a marketing plan to ensure your home sells quickly and for top dollar.
At this point you might be wondering where to even start. I am happy to come over and talk to you about projects and what will make sense for you, even if you aren’t thinking of moving soon, it can be fun living in a freshly remodeled house for awhile.
If you have any questions or comments, we would love to hear from you!