You’ve probably heard that we’re currently experiencing a seller’s market. What this means is that as a seller, you have a lot of leverage when it comes to negotiating prices, fees, repairs, and more. In a seller’s market, you may be able to get above market rate for your home. And this prospect may only improve in spring when the seasonality of home buying kicks into full swing. If you’re ready to sell and move on to your next home, here are our tips to get your home ready for a spring sale.
Tip 1: Start Now
You don’t have to wait for the flowers to bloom and the weather to warm up to get your home ready for sale. In fact, one of the most important things you can do is get started right now so you stay ahead of the curve. Too many sellers wait until the last minute to begin taking care of their properties for sale. We recommend starting early, so you can be first on the market when the season kicks into full swing.
Tip 2: Depersonalization
One tip sellers sometimes struggle with is depersonalization. This is the process of removing or limiting personal effects you have around the house, including family photos or sentimental items that don’t necessarily add to the overall aesthetic of the home. The reason this recommendation is made is that buyers want to be able to imagine themselves making a life within your home. Person effects can negatively inhibit this desire. When preparing your home for a spring sale, depersonalization is a great starting point.
Tip 3: Weigh the Pros and Cons of Repairs
Typically when selling your home, it’s important to conduct all necessary repairs. We recommend you weigh the pros and cons of individual repairs and how they could affect your sale price. Minor fixes such as a leaking sink, chipping paint, or a drafty door may be in your best interest to replace if the price is right. However, within a seller’s market, larger ticket items may not be necessary if buyers are willing to eat some of the cost to get a home off the market faster. Meet with your real estate agent and weigh the pros and cons of the decisions and how they affect the marketability of your home for a spring sale.
Tip 4: Great Landscaping and Other Touches
One of the best things about selling in the spring is that you can lean into the natural beauty of the season to help boost the hominess and attractiveness of your home. Boosting the curb appeal of your home helps set the right expectations of buyers when coming in. Hiring professional landscapers can be more than worth the money, especially in spring when you’ll likely be competing with other well-landscaped homes. You can really lean into the seasonal theme once buyers move inside. For instance, using fresh spring flowers within the home and other botanical decorations can go a long way to bring the splendor of the season inside.
When preparing your home for a spring sale, it’s always important to start early, set your expectations, and be ready to work with buyers to achieve your mutual goals. When you’re ready to move on to your next home, contact the team at Federal Hill Mortgage for fantastic rates and an unbeatable team that will help you through every step of the process.