“Is now the right time to sell my house?” It’s a question that often plagues homeowners. Figuring out the right time to list your home for sale is always at the forefront of everyone’s mind. You don’t want to sell your house during a slow season where there aren’t many buyers looking, nor do you want to list your house during a sluggish economy. We are all looking to make the most value out of our homes and in the quickest time frame, which is why doing some initial research can really be helpful. A lot of real estate experts have been suggesting “now” as the time to sell, and finally we have some data to back up their claims. From a recent survey done by the National Association of Realtors (NAR), we have seen a major climb in home sales over the past year (specifically for homes valued from $250,000 to $1,000,000).
What Does This Mean for You?
From the data, we can see that buyers are searching for homes now. They are serious about their home search and they’re looking to make an offer today. But the more interesting point is that buyers are purchasing higher priced homes. Home values have risen and buyers are meeting the price — which means you could potentially see an increase in your home’s value and sell for top dollar (compared to post-bubble prices). On top of this, you could sell your home within a faster time frame since buyers are on the hunt for their dream house now.
How to Market Your House Towards Buyers
Because the market is experiencing high activity, it doesn’t necessarily mean you can sell for top dollar without putting a little effort into your house. For example, if a buyer came across a property that had junk stacked up in each room and the yard had weeds everywhere, it might not sell for as much. Marketing your home toward today’s buyers is still a key point to attracting good offers. Staging your house and making needed repairs are the most popular items homeowners need to scratch off their to-do list in order to sell for a great price point. By removing any clutter in the house and repairing anything broken, you can create a positive perception of the property — convincing a buyer that the home is worth the investment.
To learn more on how to sell your house to today’s buyers, download our free eBook, The Definitive Guide to Selling Your Home: