Selling your home can be a very stressful time. You have to worry about keeping your home presentable for viewings, ensuring there are no significant repairs you’ll be responsible for, and knowing how much money you can realistically make on your home. This can add up to a lot of time, money, and effort.
That’s why Bill Buys Houses wants to help. We want to make this process much easier for you, so we’re bringing you the top six tips for selling your home.
Tip 1: Know Your Market
Before you sell your home, you should research which type of real estate market is currently trending in your area.
Seller’s Market
A seller’s market is when there are more buyers than homes for sale. The benefit of a seller’s market is that you can potentially make more money from multiple offers on your home. You also may not have to provide many concessions to find a willing buyer. Seller’s markets can last several years, so it’s worth waiting if you can before selling your home.
Buyer’s Market
Buyer’s markets last a shorter time than a seller’s market, meaning there are more houses for sale than buyers. During a buyer’s market, the buyer can demand more repairs and upgrades to your home to sell, which can drain your pocket. There’s also the possibility that the buyer can ask the seller to pay the closing costs. It can take longer to find a buyer, and you may not make as much money on your home.
As a seller, waiting for a seller’s market to swing back around is obviously the best for you – if you can wait for it.
Tip 2: Prepare Your Home For The Market
There are many ways to prepare your home for sale. Even if you’re in a seller’s market, it’s essential to spruce up your home. This allows potential buyers to imagine their belongings in the home, which can be an important part of the selling process. If you want to make the most money, follow these suggestions to prepare your home for sale.
Declutter Your Home
Remove extra knick-knacks and pack away anything you don’t need until you move to your new home. This will help smaller spaces look larger and will help the buyer see the home’s potential.
Paint Over Non-Neutral Colors
You may love bright, boldly painted walls, but buyers often don’t. Paint over those bold colors with more neutral ones before putting your house on the market. Bright colors can inhibit buyers from seeing your home for its features, so make it as enticing as possible.
Smell Test
If you have animals or a musty basement, ask a friend to come over and smell your home. If they notice any smells, you can correct them by deep cleaning carpets and furniture, putting a dehumidifier in your basement, or painting a room with fresh paint.
Improve Curb Appeal
Buyers get their first impressions of your home when they pull into the driveway. Overgrown bushes, weeds, dirty facades, and windows can be off-putting to the potential buyer. Hire a professional, or get some dirt under your fingernails and clean up your front yard.
Tip 3: Consider A Home Inspection
Most home sales require an inspection, but having a pre-listing home inspection can help you identify potential problems with the home before a potential buyer conducts an inspection. These issues can be addressed before listing your home, which can help increase the sale price and give buyers more confidence in the home’s condition.
Tip 4: Price It Right
The real estate industry can fluctuate, so for 2024, it’s crucial to ensure your home is priced for the market. Research your local area and popular housing markets to find comparable homes to see their sale and sold prices.
Overpricing a home can deter buyers, while underpricing can cause financial loss. Try to list your home at a competitive price to ensure maximum buyer interest and perhaps even foster a bidding war. This can also help you sell your home fast.
Tip 5: Choose The Right Real Estate Agent
When you decide to sell your home, there are a few ways to go about it. There are always DIY home sales, but that can be difficult and time-consuming if you don’t know what you’re doing.
You can choose a real estate agent to work with, but always make sure you choose the right agent. Any agent you select should be highly knowledgeable about houses and buying and selling homes and act ethically and helpful every step of the way.
Proper communication is vital, so if you never hear from your agent, that could be a red flag. Plus, remember that you pay a realtor when you buy or sell a house, so keep that in mind when calculating the best sale price for your home.
Tip 6: Sell Your Home To Bill Buys Houses
Our last tip, and the easiest way to sell your home, is to sell to Bill Buys Houses. If your home is in Minnesota, Bill Buys Houses can purchase your home with guaranteed cash.
Selling your home for cash is much faster than a traditional sale; you can save on realtor fees and have immediate equity in your new home with a significant down payment. You can also avoid staging your home because Bill Buys Houses “as is.” No repairs are needed.
Our process is simple. We start with an initial walkthrough, during which we will analyze your entire property, take note of needed repairs, and help you make a plan. We will then make you a cash offer, which considers several factors.
After we have settled on an offer, we will prepare our financing and give you your cash. You can then move out and move into your new home.
It really is that simple.
Sell Your Home To Bill Buys Houses
If you want to skip the headache of preparing your home for sale, contact Bill Buys Houses! We will make you a fair cash offer for your home without the extra work. To learn more about our services, call us at 651-270-9191 or send us a message on our website.