With the month of March and the first days of spring approaching fast, people are becoming less busy with holiday plans, returning from their vacation getaways, and coming out of hibernation mode in general. Soon enough, snow will begin to melt and flowers will begin to bloom. While for most people this means baseball season, barbeques, and spending time by the pool, for sellers it means go time. If you are looking to sell your home, spring is the ideal time to put your home on the market. According to realtor.com and the National Association of REALTORS, the most home sales occur during the months of April-June. This makes March the perfect month to get your home ready with these tips and tricks:
Emotionally distance yourself: The moment you decide that it is time to put your home on the market is the moment that you will need to start emotionally distancing yourself. Although your home contains many happy memories and sentimental moments that you will never forget, it is wise to prepare yourself not only financially for this process, but mentally and emotionally as well. Viewing the selling process and relationship with your home as more of a business transaction that is right for your future is a great way to help you let go and move forward.
Underprice vs Overprice: Once you have established that the time is right, it is best to research the market and find out what your home is worth. Although many sellers feel they should start off with their asking price high, one way to draw potential buyers in fast is to price your home at a slightly lower percentage off its value. Staying on top of market prices and looking at competitors near your neighborhood is another great way to decide how to price your home.
Less is more: Although it may seem like a good idea to remodel all of your bathrooms, often sellers who invest in major home improvement projects before putting their homes on the market find themselves out money by the end of the process. This does not mean, however, that small improvements and quick fixes will not pay off or add to your home’s value. A fresh coat of paint, new door handles, and fixing a leaky faucet can help make your old home look new again.
Clean and Lit: The “less is more” rule also applies when it comes to cleaning and getting your home show ready. Spending some time de-cluttering your rooms and getting rid of or packing away spacious items is crucial in the home selling process. Simple tricks such as half emptying your closets or moving furniture around will help make your home appear cleaner and more spacious to the buyer. Along with the appeal of space comes the appeal of good lighting. Removing your drapes, washing your windows, and trimming any ugly hedges that block out natural sun light is also a great way to prepare your home.
Say goodbye to the family photos: One major mistake that a seller can make is to disregard the advice to depersonalize their home. Depersonalizing your home is an important step in the selling process that helps potential buyers to feel comfortable and really visualize living in your home. Hiring a stager to come through and inspect your house may be a good idea to remind you to pack away all personal photos and items.
Judge the book by its cover: While staging and prepping the inside of your home is important, making sure that the outside of your home is appealing is a must. When it comes to real estate and potential buyers, expect your home to be judged before anyone even steps inside. Some ways to spruce up the exterior of your home are to plant fresh flowers, frequently landscape and mow the lawn, trim all eyesore hedges, and welcome buyers with attractive outdoor furniture.
Be flexible: Yes, while it is inconvenient for you to pack up half of your stuff, move your furniture around, repaint old walls, and fix leaky faucets, one must remember to be flexible. The selling process is not the easiest and can take a lot longer than expected. You may be asked to show your home frequently and at times with little notice, however, the return of selling your home will be worth it all in the end.