How to Sell Your Home in This Market

Especially in this market, selling your home may not be the easiest thing to do. Many buyers are turning to homes that have been foreclosed upon, simply because the price of these homes is cheaper. However, many buyers also realize that a lot of work will have to go into their home if they buy one that has been foreclosed upon, and for this reason they may want to pay more initially, and save time and money in the long run, by buying a house that is move-in-ready. So how can you make your house appeal to potential buyers?

  • Appearance. If your home doesn’t look nice from the outside, most buyers aren’t going to waste time checking out the inside. Keep up on landscaping, power wash the driveway, and give your house a fresh coat of paint if you have to. Also, reduce the clutter inside the home. Clean, open spaces make rooms look bigger, and thus more appealing.
  • Check your systems. Do the heat, air, and plumbing work? If not, your home may not pass a professional home inspection.
  • Talk to a realtor. Chances are they will have more insight into the housing market than you do, and they will be able to market your property successfully, taking into account its location, price, amenities, and such.
  • Focus on buyers who have been pre-approved for a home loan. This will save you the time and frustration of dealing with eager buyers who just can’t afford your property.
  • Check out the rest of the neighborhood. If you find yourself surrounded by homes that have been foreclosed upon, you might have to do some extra work. Buyers on a budget might be attracted to these distressed properties for price reasons, but your clean, in-order, ready-to-sell-right-now property could be worth a lot more to them because it reduces the work they have to do.

View the original article here.


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