Once the market crash happened in 2008, it echoed all across the country. We saw prices drop 50%, and spiraling out of control. It’s no big surprise that our home values have suffered so much.
But in spite of prices taking a plunge, some good news still remains. The values actually stayed pretty level since the beginning of 2011. This means the market is strengthening daily. It’s definitely possible for things to keep moving up again. Keep in mind that we’re still in a buyer’s market, which means that sellers will need to work a little harder to show the value in their homes. So to help the sellers get the best price for their homes, here are some good tips:
1. Study Your Local Market – This is extremely important. When you’re equipped with knowledge and a feel for average prices of real estate in your area, you’ll be better able to figure out what you can get from your own home.
2. Curb Appeal – One way to get your price is having good curb appeal. Whenever potential buyers drive by your home, you can believe they’re going to look it over very closely. You want to be ready for their first encounter. Add some touch up here and there, with lighting and plants, maybe a little paint here and there. It’s amazing what a difference the little things make.
3. Paint Your Walls – While this isn’t mandatory, it’s something that really makes a difference on the impression of potential buyers, and the cost of the paint pales in comparison to the markup on your asking price.
4. Find A Home Inspector – Yes, hiring a home inspector is a good move. They can help find problems that your should have repaired before any buyer hires their own inspector and finds them. It enables you to ask a higher price and to sell your home faster.
5. Clean The House – Keep your home clean as possible. It goes a long way toward getting your price. A home that’s cluttered and has dirty spots here and there, leaves a more negative impression than one that’s really clean. Always have it ready for showing, with a particular emphasis on your kitchen and bathroom. It will pay off for you.
These tips, when taken to heart, can server you well. Any kind of improvements on your home adds value and brings you a better price.