The Spring market is already upon us and it’s still a hot seller’s market! We are still seeing houses selling in days with multiple offers on the table. Inventory is still low, so for any of you out there thinking about selling this Spring, you should be getting your home ready now.
While inventory is definitely low, you don't want to leave any money on the table when it comes time to sell. We've compiled this list to help your home stand out among the competition and to sell high and fast!
One of the biggest reasons for an accepted offer to fall apart is the home inspection. If you have your home inspected before listing your property, you'll know exactly what issues will come up and now have an opportunity to get repairs taken care of ahead of a buyer's inspection. In most cases, the home inspection opens up a whole renegotiation of the terms of the sale. You'll find the buyer asking for a price reduction or a credit at closing to complete repairs. You'll end up keeping more money in your pocket by completing the repairs yourself or being transparent about any issues and pricing accordingly.
On top of addressing concerns from the pre-inspection, it’s also time to fix that broken closet door, replace all dead light bulbs, fill in any cracks and touch up any chipped paint. If you leave things looking sloppy, then buyers will wonder what else in your home has been neglected.
Simplify your belongings
You’ll need to declutter as much as possible to avoid distracting the potential buyers of your home. Remove family photos and minimize your furniture in each room. Removing excess furniture will give the illusion that the room is actually larger.
Fresh paint and linens
Light neutral colors will really brighten up a room! If you have any loud colors on the walls, consider repainting. Busy bedding will also distract buyers, so now is a good time to grab an inexpensive white or solid color comforter. If your kitchen or bathroom cabinets are dated, consider painting them as an affordable way to make them new again.
If you have hardwoods that are in rough shape, we highly recommend refinishing them before your home goes on the market. It’s relatively short money and you’ll see a return in a good real estate market. If you don’t have hardwoods, steam clean your carpets or if they’re too stained, consider replacing them. There are also several affordable options that actually look like hardwoods but are actually vinyl or laminate.
We know that many people don’t want to put more money into their homes if they’re just going to sell them, but you really will get a higher price and less days on market if you allow your home to give a good first impression to potential buyers.
If you have any questions, or would like to speak with us more about this or selling your home, give us a call at 617-974-9275.