The housing market is an uncertain place, and pricing can fluctuate wildly. If you haven’t been able to sell your home, make these changes right away.
Houses don’t always sell at the same time. Sometimes it can take months to sell a home that was advertised for the highest price. Sometimes, sellers can’t sell the home and you’ll have to start over. Sometimes, the house that you thought would sell in a couple of days will sit on the market for months. When sellers have to price their homes to sell, it’s not always easy.
How do you know if you’re pricing it too high? The most important thing to do is look at the competition. Who is selling in your area? What’s their number? There’s a good chance you’re pricing your home a little higher than what it should be. Fortunately, it seems like homes have begun to sell again after the long pandemic, so now is the best time to price right.
Co-Listing Your House
Once you’ve made an offer on a home, you can send the offer to more than one agent. Many agents have seen an increase in open houses because of co-listing agreements. “A lot of agents say that they get about twice the showings with co-listing,” says Scott Glickman, president of Coldwell Banker Residential Brokerage in Manhattan Beach, Calif.
Co-listing allows agents to see several offers at once. “In a 10 to 15-day period, you can go through two to four offers on a listing, meaning that you have to submit seven or eight to 10 offers to all the listing agents,” says Jennifer Dunning, president of The David Dunning Real Estate Group.
Making the House Stand Out
Regardless of your age or lifestyle, you should never live in a boring, shabby home. It’ll make it impossible to sell. Whether you’re putting your home on the market for the first time or not, these three easy steps can help you make your house memorable.
A hard-to-miss exterior isn’t always necessary for a unique home to sell, but it helps. Think about a gorgeous front door or backyard. The outside of your home should draw attention and attract buyers. However, sometimes an entranceway isn’t enough. If you have a garage, you can always use it as a private entrance. If you have a driveway, you can turn the side entrance into a laundry room. If there isn’t one, use the driveway to your advantage and do a few things to promote your home.
Pricing Your Home Correctly
Let’s start with pricing. When your house isn’t selling, you will want to change the price of your home to match the local market. If your home is the perfect size, but your city has some unwanted features, it’s time to consider redesigning the home to incorporate the perks your potential buyers want. Once your home is complete with all of the right features, the new price should reflect your home’s new advantages.
It turns out that getting the right price is just as important as choosing your realtor. When asking buyers why they are considering buying your home, try to understand what they are looking for. The answer you’re hoping for might not be the correct one.
Improving Curb Appeal
If you aren’t seeing any offers and your house isn’t selling, it’s time to dust off the old house and spruce it up. Attractive curb appeal is a great way to bring more traffic to your house. First, paint your front door and leave a nice, fresh coat of paint in the carport. If your door has a frame, replace the bottom right corner with a new stained glass door. Install a small front porch swing or a trellis, and plant some shrubs or flowers in front of the door.
You may think these simple touches would help, but it really can make the difference between someone passing your home by and making someone comfortable enough to get out of their car and knock on your door. Paint the outside of your house, especially the brick, siding, and trim. The curb appeal alone can boost your house’s sale price by 15 percent.
Contact Reliable Home Buyers in Orlando, Florida
There’s no perfect time to start fixing up your house. You have to keep an eye on the market and its ups and downs. But if you’re serious about selling your home, start now. Get some quotes on your house to get an idea of what kind of price you could get for it. Sometimes it can be beneficial to put your house on the market while you’re still fixing it up and updating it because you’ll attract a more qualified buyer.
If your house isn’t selling by the time you need to move, contact Reliable Home Buyers or give us a call at 866-392-2177.