With a less volatile real estate market in 2023 than in previous years, homes aren’t just flying off the shelves like they have been recently. Higher interest rates and a larger number of available homes in the market means there are less buyers as there is hesitance with the raised interest rates which therefore means there are more homes available to purchase. Those who are looking to sell their home in 2023 will need to be deliberate about their selling process as there is less competition to buy. We have 3 tips for how you can prepare to sell your home in 2023!
Preparing your home to sell is an important component of listing your home. You may feel that your home is ready as-is, however there are parts of your home that buyers will notice that you may not–considering that you likely overlook minor things over time. Look at the paint on the exterior & main interior rooms of your home. Does your landscaping need some refreshing? Declutter your home and fix any leaky faucets. Deep clean your carpeting and flooring, it would be wise to replace any worn down pieces. Paying extra attention to touch-up items like this can likely be done for a reasonable price but will provide you with a fresh home to list, which will likely increase the buyer activity on your home.
2. Find a Reliable Realtor.
Having a trustworthy realtor in your back pocket is the greatest tool you can have. When it comes to selling your home, real estate agents provide a professional opinion on which contractors to use for larger fixes pre-listing, how to style your home, and what is the best price to list your home at, just to name a few benefits. Successful and trustworthy realtor shave your best interest in mind when listing your home for sale, because they strive to work around the clock to ensure that you will get the best bang for your buck. Not only will a reliable realtor yield these benefits for you when you are selling your home, but they will also provide you with negotiation tools–as the real estate market has shifted to be a large buyer negotiation market. Buyers understand that as they are no longer in a high competition market for purchasing a home, they have the advantage of using negotiation tactics to get the best value for their home purchase.
3. Proper Marketing.
Part of the duties of your real estate agent is to provide your home with a top-notch marketing strategy. Under the marketing umbrella begins with recommending removing personal items, like photos, so that the buyer can visualize themselves living in your home. Then, your agent will recommend hiring a professional photographer for your home and even finding a 3D home video tour, this way the photos and videos can beshown on the MLS and across all marketing platforms for potential buyers to look through. Utilizing the reliability of your real estate agent also means to embrace the digital space with the professional photos and video tours of the home. With a strategic method of relaying the information to those who are looking to buy, your real estate agent should have a comprehensive marketing plan of how to best promote and advertise your home so that you can get a sale.
These are our top 3 tips to sell your home in 2023. The Mile High Living team strives to ensure that we contribute value to those who are entering the real estate market or who are looking to continue their real estate journey, whether as a home buyer or seller. We hope that these tips provided some answers to your questions about what is important in selling your home!
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