Take Up Space

The Quest For The “SOLD” Sign

Home Selling Guide in a Competitive Market

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What would it take to sell a house in a competitive market – a fresh coat of paint or a living room renovation? Is it better to lower the asking price or to give incentives?

Smart sellers can use a few quick tips to get the best out of their assets, from cosmetic to strategic. We, at Eighty8 Group, want you to get that rewarding real estate experience by making your house a true stand-out. We are giving you key strategies for putting your home in the market, stealing the spotlight, and securing that sought-after "SOLD" sign.

Keep Things As Clean As Possible

Potential buyers would be more interested in homes that are clean and well-maintained. A clean home conveys to buyers that the property has been well-kept and well-loved. Clean homes are much more optimistic, putting buyers in a good mood to make a bid.

Examples of best ways to clean while getting ready for buyers include:

• Spot treat the carpets or shampoo the carpets if needed.
• Vacuum dust from corners, the back of the couch, and from drapes.
• Polish the silver.
• Dust any dishes on open shelving.
• Clean blades on ceiling fans.
• Wash windows.
• Clean the walls.

Sweeten The Deal

Everything is in the visual. To begin decluttering your house, remove excess furniture and clean clutter from counters and tables. Another thing you can do is get your home staged to cater to a broader audience. Clean out the closets, attic, and other storage areas last.

Clutter removal can take months and is typically done in stages, so begin early. A yard sale will help you raise funds for your upcoming transfer. When that's over, give whatever you can to charity. Finally, recycle or dispose of any remaining products.

Broken door knobs, broken windows, and other minor flaws may raise red flags with customers, prompting them to doubt your maintenance practices. Make minor repairs before buyers arrive so that your house is in good shape when they come to look at it.

Boost Curb Appeal

The exterior of your home will give potential buyers a first impression. It is vital to improve the curb appeal. Curb appeal is what makes a home seem attractive to buyers when they first arrive. Colorful flowers, green grass, and clean siding are useful features that will improve your house’s curb appeal.

Consider pruning the trees and shrubs. Keep the lawn mowed and clean up any yard waste. Colorful annuals and potted flowers and plants may be added to the front porch. On the front door, place a small and tasteful decorative touch, such as a seasonal wreath.

Performing basic yard maintenance can help as well. For example:

• Prune overgrown shrubs.
• Remove yard debris.
• Take down branches from overhanging trees.
• Sweep the front walk.
• Edge the lawn.

Take Professional Photos

The majority of home buyers start their quest online. You'll want to make your home stand out in this world because it's so easy to browse home listings. Consider hiring a skilled photographer to photograph your house. Buyers would want to see your home in person if you have great pictures. The images should make your home appear spacious and well-kept.

Good images will entice buyers to see your house, so have a professional photograph it for the real estate listing. Look for a photographer who has worked on real estate photography before. This will make your home appear as spacious, tidy, and well-kept as possible.

Focus On The Price

You must price your home correctly from the beginning. If your home is more expensive than comparable homes in the region, it is unlikely that you will receive offers. In a competitive market, listing at the right price is critical. An overpriced home may be ignored by your target customers, while an underpriced home may result in a lower profit.

Although price is not always the most important factor, an overpriced home will not sell. When there is a lot of competition, price matters much more than it does in a less competitive market. All other factors being equal, the lowest-priced homes usually sell first, so concentrating on what your home can give that other homes do not will influence the price buyers can pay. It all comes down to features and value for money. It is essential to be aware of what is going on in your local market.

Choose The Right Agents

Finally, a licensed real estate agent is one of the most valuable tools when selling your home in a competitive market. As your greatest resource, a successful real estate agent will help you decide on a reasonable price and strategies to attract buyers. Working with an expert in your community will provide you with the tools and guidance you need to make your home stand out. Working with an agent increases the chances of selling quickly and at a reasonable price, so it's worthwhile to invest. To learn more, contact your real estate agent right away.

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Eighty8 Group
2115 Main St.
Santa Monica, CA 90405
310.913.9451
info@eighty8re.com

DRE# 01965361

Compass is a licensed real estate broker (01991628) in the State of California and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdraw without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. Exact dimensions can be obtained by retaining the services of an architect or engineer. This is not intended to solicit property already listed.