What You Should Know About Listing Your Home in the Spring
Spring is the time to list houses. The market speeds up in the Spring which also means competition gets heavy. Setting your home apart from the competition is up to you and your efforts. You only have one chance to make a first impression and a good first impression is the only way to list a home.
1. Touch up Paint
Inside and out, your home should look its best. If the front door in need of a new coat of paint, it would in your best interest to put a fresh coat on it before buyers see the house. The front door is likely to be the first thing a buyer will see-since this is usually the door they will enter for a showing. And hey if the front door is in poor condition, they might be on alert for the rest of the house to be the same.
It's not just the exterior that should be shiny and new. The inside walls get scuffed up over time and buyers would much rather buy a home that has been maintained-and dirty, scuffed-up walls aren't a sign that a home has been cared for.
2. Clean windows
Easy enough, right? So why not take the time to clean all windows (and mirrors) throughout the house. Sparkling windows will help make your home look new. The cleaner the better.
Pack up those family photos. As an Interior Designer and Realtor, I understand the difference between staging a home for sale and designing a home to live in. If you are listing your home you must keep in mind that your house is now a commodity. When you list your home, you have to separate yourself from any sentimental attachments to the house. It's about marketing! Your personal items may mean a lot to you and your family, but buyers may or may not feel the same way. Think model home. Think generic.
Clutter can be distracting to buyers as they are trying to imagine themselves living in a home. As you prepare your home for sale, think simple! It might not be the style you normally like, but it will showcase your home better than a home covered up with knick-knacks (no offense!). We all have accessories that we love but keep in mind that you want to appeal to the "general public"-again, generic.
One criterion most buyers look for in a home is... drum roll... storage! Utilizing the storage in your home and making it look perfect will showcase this feature. If you have too much to make it look good, box some up and store it elsewhere.
Listing your house depends on your efforts. Take the necessary steps to ensure that your home will stand out among the competition. Local real estate professionals can assist you in preparation for listing your home.
Spring is also a time in which people consider moving the most, because of the weather and other factors. With a new year comes tax returns and the financial confidence potential home buyers have is greater. Studies of real estate trends have shown that buyers are more likely to pay full price for a home for sale in the spring as opposed to other times of the year.
Trends have also shown that if you put your house on listings for sale on a Thursday buyers will jump at the chance to view your house on their most available days of the week- Saturday and Sunday. The longer your house stays on the market the less likely it is to list for full price, but never lose hope! The housing market is volatile and there are no definite ways you can tell if your house will sell quickly or slowly, for full price or not.
However, you can facilitate some better ways in which your house could sell for a great price and quickly. Keep your eye on the market and create a listing for your home when the price to rent a similar property is greater than what it would cost to own a home. This opens up buying opportunities for renters and could be a potential first home buying opportunity for people who might not have been thinking of owning their own home until now.
People are also looking for a home during the spring so that in case they decide to move they aren't doing so in the heat of the summer. Trying to wrangle your schedule around kids being out of school, planning vacations that inevitably end up being more expensive than you wanted, and continuing your own full time job leaves very little time for finding or moving into a new property.
While spring doesn't necessarily mean you have more time to devote to a home search the season does lend itself to an increase in energy and forward-thinking for the rest of the year. Psychologically speaking spring rejuvenates the mind after a long winter (actual or perceived) and can provide a great opportunity for home sellers to put their property on the market and have a potential buyer snap it up quickly.