Your Home in Coral Gables, Pinecrest or Palmetto Bay For Sale In Today’s Market
Selling a home in today’s challenging market can be difficult. Even if your home has outstanding features and you think you have the best property on the block, you need to prepare your home for sale first. Here are some suggestions to get your started:
Contact The Cromer Group, real estate professionals, to find out what your home is worth.
Do not overprice. That is the worst mistake that sellers tend to make. Especially in today’s market, you are competing with distressed properties such as short sales and bank owned REOs. Buyers are looking for good deals. If you overprice the home, it will not sell. Other real estate professionals will show your home with the purpose of using it as a comparison to homes in the neighborhood that are well priced. Buyers will not make offers on overpriced homes because they know the sellers are unrealistic. Today buyers have so many other choices, they will make an offer on a home that is priced to sell. Your home should be listed at or slightly below the market value.
Start preparing your home for sale by cleaning, disposing of clutter and sprucing up the outside as well. The buyer’s first impressions when they pull up to the curb are very important.
You may want to consider hiring a home staging professional or have your real estate professional provide you with suggestions on how to make your home attractive to a large pool of buyers. Many times all you need to do is paint, de-clutter, rearrange or remove some furniture and add some colorful accessories.
Make repairs that pay off. If you have hardwood floors, refinish them. Replace worn carpet and paint the walls and ceilings. Fix any cracked or chipped tiles. Resurface or repaint kitchen cabinets. New faucets and sinks make the kitchen look updated. The buyers will appreciate a fresh, finished look.
Roofs should be replaced if necessary. Buyers tend to shy away from homes that have leaky roofs or need new roofs. Resurface driveways and mend fences or replace them. Also plant flowers, trim bushes and hedges, and mow the grass. Good curb appeal is important.
Today’s buyers are looking for homes in move-in condition that have updated plumbing, heating and electrical systems and need little or no maintenance with finished kitchens and bathrooms. If you plan on selling your home without making any repairs, then you will need to reflect this in a much lower listing price. Keep in mind that your home will then appeal to a much smaller group of buyers who are only looking for fixer-uppers that they can purchase at bargain prices.
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