How To Improve Your Chances Of Selling Your Home In A Buyer's Market?

As market conditions change, homes may become more challenging to sell in a buyer's market. What is a buyer's market? This type of market exists when there are a lot more seller's trying to sell their home than buyers looking to buy a home. A seller must be pro-active to make necessary changes to help bring about a sell. A seller can do some of the following steps to help in bringing about a sell:



1. Hire a real estate professional to market their home. You typically do not represent yourself as a lawyer or act as your own doctor. Why represent yourself in selling a home? It is a great idea to have a real estate professional represent you, especially in a buyer's market. They should be able to give you needed advice on what can be done to help sell your home. This could translate into more money in your pocket.


2. Clean and de-clutter your home. If you are a collector, please try to go ahead and remove unneeded items from your home and place into moving boxes. You will need to pack when you move anyway so why not go ahead and have some of the packing done. Place the packed boxes in the garage, an outbuilding, or rent a storage unit. If you have a lot of things, after you remove some of them, the rooms should seem larger. Also, clean well so that the home will shine for prospective buyers.


3. You might hire a home stager. There are some staging services offered by actual staging professionals in our area. Some realtors also can offer advice on what needs to be done to help stage your home. I can offer a no cost staging consultation if you have not already listed your home with another realtor. Contact me if you are interested at todd@toddnelson.com.


4. Improve the curb appeal. Make sure the flower beds are mulched and weeded. Clean off your porch and put some fresh flowers in a decorative flower pot on the front porch. Clean the windows and remove any trash from the front of the home.


5. Stay informed with current market conditions of comparable homes. Keep up to date on what comparable homes are selling for why you are trying to sell your own home. Drive by the homes that are on the market competing with your home to get an idea about your competition. You want to stand out, so see what you have to do to make your home shine.


6. Price your home competitively. The number one reason a home sells is its price. If you are overpriced, it will be harder to sell your home.


These items above are some steps that you can implement to help bring about a sale of your home. Please feel free to contact me at todd@toddnelson.com or visit my website at http://www.toddandtaranelson.com/ for more information.