Downsizing your home may feel like a step down, but a closer look reveals quite a few upsides.
3 Minute ReadTopic: home selling
Home sellers in 2016 found themselves in an encouraging market. Existing-home sales were 3.3% higher than 2015 - rounding out the best year since 2006.
So what will home sellers find in 2017? Should this be the year you sell your home?
No one can predict how the housing market will perform. But the National Association of Realtors expects modest growth for existing homes in 2017. Despite the possibility of rising mortgage rates, home sales in 2017 are forecasted to grow around 2% percent, with the median price increasing 4%.
Local experts you can trust.Find an ELP
Those are several good reasons to consider selling your home this year. But remember, your real estate market is unique—and so is your financial situation. Consult an experienced real estate agent to find out how the 2017 housing market is shaping up in your area so you can decide if a sale makes financial sense for your family.
Ready to Sell? 3 Ways to Get Started Now
If you decide to take the plunge and put your home on the market, we’ve got a few things you can do right now to get a head start on prepping your home to sell this spring.
1. Interview real estate agents. As we mentioned, a real estate pro is essential to a successful home sale right from the start. Not only will you rely on their expertise to make the decision to sell, you should can also trust their advice on pricing your home, marketing it, and negotiating offers from buyers.
Take your time and interview several agents until you find one with the experience you’re looking for as well as a communication style you’re comfortable with. We can put you in touch with several top agents in your area who are committed to providing the best customer service.
2. Schedule a pre-listing home inspection. Get a head start on other home sellers by getting a home inspection done now—before you list your home.
You May Also Like
By getting your home inspection early, your home sale is less likely to be derailed by unseen issues with your home when the buyer conducts their own inspection. You’ll have extra time to address any problems your inspection uncovers, or your agent can help you decide if it’s better to adjust your asking price instead.
3. Declutter and stage for buyers. While you’re in home-improvement mode, you can also take your time decluttering and staging your home so it makes an unforgettable first impression on buyers.
- Begin by cleaning out your closets and packing up photos and knick-knacks.
- Put your holiday decorations in storage and make your rooms look more spacious by removing extra furniture and clearing your kitchen countertops.
- Create a tidy, welcoming entry and apply a fresh coat of paint inside to help buyers see your home in its best light.
- Freshen your décor with new throw pillows, decorative towels, bedding and other accessories.
Find an agent who will have more advice about how you can attract buyers by playing up the specific features of your home while staying within your budget.
Take these steps now and you’ll not only avoid the stress of getting your home ready to sell on a tight deadline, you’ll be way ahead of the competition when prime home selling season begins.
Ready to get started now? Download Dave’s essential guides to selling your home fast and for top dollar. Learn more about finding the right agent, setting the ideal price, and more!