I want to share with you a few tips to help you if you’re looking to sell your home in this New Year.
Over the past couple years, we’ve seen prices increasing and sellers receiving multiple offers for over initial asking price, but with those days behind us and interest rates now hovering at just over 6%, many are questioning whether these new market conditions are favorable for selling. I’m here to tell you that the beginning of the year is still a great time to sell your house! So with that, I have a few tips for home sellers to keep in mind for 2023.
- Manage Price Expectations
Don’t assume your home has appreciated additionally over this past year. And don’t expect to be under contract in 48 hours with multiple offers over asking. As inventory gradually increases, sellers will have more competition. We want to price the home to sell, not to sit, and to capture the attention of buyers to get them through the door.
- Staging
We are not in the early half of 2022, where an abandoned shack could be sold with multiple offers in a matter of hours. Staging a home helps the buyers see what kind of furniture complements the lighting and helps them envision themselves living in the home. There is data that supports the claim that staging a home can help it sell from 5 to 20 times faster than it usually would. Buyers are looking at homes online, so you want the handful of photos they come across to blow them away.
- Embrace Negotiation and Compromise
Again, this is not 2022. Sellers not willing to budge on price, engage with repair requests, or have flexible showing schedules will have a much harder time selling their homes in 2023. Buyers have more options now … they’re looking at contracts more closely and taking their time compared to a year ago. Circumstances have changed. In 2023, be prepared to engage with and compromise with more seasoned, serious buyers who will do their due diligence.
- Work with a Proactive Realtor
In these changing market conditions, a proactive realtor will have the knowledge on how many days on-market homes near you are sitting for, how effective open houses are in the area, and what your house can do to help it stand out to buyers. A proactive realtor will have a great strategy for selling your home and help make it as smooth as possible.
I’m happy to answer any questions you may have and walk you through my team’s process in getting your home sold, so if you’re a homeowner and you’re thinking about selling, give me a call! My team and I are on standby 7 days a week, 9am to 8pm, ready to help you take the smoother road to sold.
SOURCE: https://www.housedigest.com/1133301/expert-tips-for-home-sellers-in-2023/
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Thanks for the tips to sell homes in 2023
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As a home seller, you need to understand the current market conditions and trends so that you can ensure that your asking price is competitive and realistic. This will help you attract buyers who are willing to pay your asking price as well as make sure that you get the best deal for your property. With proper research and preparation, home sellers can manage their price expectations in 2023 and maximize their profits.
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I like what you said about getting a realtor who is available the entire week. We are trying to sell our house by the end of the month. We’ll need a realtor to handle the staging and listing.
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We are happy that you enjoyed it! Our team tried to reach out to see if we can offer any assistance, feel free to give us a call at 803-507-3310 to begin the process. We look forward to hearing from you!
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Selling your home in 2023? Here are a few quick tips: 1) Stage your home to make it inviting and appealing to potential buyers. 2) Price it competitively based on current market trends. 3) Utilize online platforms and social media to reach a wider audience. 4) Highlight the unique features and upgrades of your property. 5) Work with a reliable real estate agent for guidance throughout the selling process. Good luck with your sale!