Price Your Home Right
- If you're emotionally attached to your home, you may also think it's worth a lot more than it is. Everyone wants a good price for their home, but in a slow or down market, pricing your home right could make or break the sale. Maximize the chances of your home being seen by setting a realistic figure. In a tough market, you cannot start high just to have some wiggle room downward. Your home is only worth what someone looking for a home will pay. If you do not have any offers within the first 10 days on the market, you may want to reduce the price.
Have Your Home Inspected
- Hire a qualified home inspector to thoroughly go over your home. Get a detailed written report of all that's wrong with your house. Discovering any faults will give you the chance to fix them or sell as-is; at least you won't be surprised with a deal-breaking repair during closing.
De-Clutter Your Home
- Now is not the time to display your entire ceramic poodle collection. Box up your knick-knacks and put them in the garage. Remove some pieces of your furniture if necessary to create more space in the home. Remove some or all of your personal photos on the walls to give a cleaner, sparser look. Possibly rent a storage building until you find your next home. The more sparse your home is, the more potential BUYERS will visualize their furniture & pictures in the home. Too much clutter and they may just walk away.
Touch Up With A Coat of Paint
- Paint is a cheap investment with a good return. Fresh paint can cover a world of small imperfections and make a home seem fresh and new. Freshen up dark and dingy rooms and tone down rooms with garish color schemes. Choose a calm, neutral color for your rooms that the prospective buyer can envision living in. Many buyers want a movin-in ready home. They can't see themselves in a home with wild color schemes & they go to the next home down the street.
Make Minor Repairs
- Broken door knobs, leaky faucets and clogged drains are flaws that you may not notice because you've lived with them so long. To a prospective home buyer, these small repairs may stick out. These minor repairs are a minimal expense that can pay off with the sale of your home.
Pick the Right Agent
- Choose a qualified agent that knows your area well. Ask them their advice on what they would change about your home before putting it on the market.
Create a Marketing Plan and Materials
- Devise a plan that will give your home the exposure it needs. Work with your agent to create colorful fliers. Have a professional photographer take quality photos. Create a virtual tour that you can place online. Draw up a plan of attack for advertising in your local newspaper or online classifieds.
Check Market Comparables
- Know what homes are selling for in your neighborhood. This will help you price your home correctly. Work with your agent or use a free website to see how similar homes stack up in the neighborhood.
Have Open Houses
- Show your home with weekly open houses and brokers' open houses. Keep your home clean and in the best possible shape. Stage your home with the pleasant fragrance of candles or home-baked cookies. Keep your furnishings dust free and shining. Use plenty of attractive lighting.
Use Social Networking
- Create a page or buzz for your home on social media websites. According to Reader's Digest, 92 percent of prospective homeowners begin the search for their home online. This let's everyone you are connected to know your home is on the market. If they are not a buyer, a friend of theirs might be.