Reading time: 2 minutes, 14 seconds
With the clock ticking and the competitive spring market quickly approaching, homeowners planning to sell this year should begin taking the necessary steps towards listing their homes.
If you’re a prospective home seller, here are five things you can do now to put yourself on track for a successful spring sale.
The sooner you get started on de-cluttering and packing away your personal possessions, the better. Firstly, it will give you that extra boost of motivation and help you detach emotionally from the space. De-personalizing is a task that usually takes longer than anticipated, so starting early will prevent last minute stress when you finally list your home.
Prepare for repairs or renovations
If you’re selling an older home, you might want to fix up your home a little before opening it up to potential buyers. Make sure you look into which renovations are actually worth it before you invest in major work. Affordable and effective fixes that go a long way include repainting the walls and kitchen cabinets, caulking the bathroom tiles, and changing the shower curtains. Curb appeal is also crucial if you’re selling a single family home or duplex. Make sure first impressions are good ones by clearing out your entrance-way, and making your front door look welcoming. Read more about curb appeal here.
Your choice of a listing agent will make a world of difference in how quickly your home sells and how much of a profit you’ll make. Choose someone who has experience in your particular neighbourhood, as they are more likely to have an internal network of buyers looking in your area, and will be more accurate when estimating the value of your home. Don’t just choose the candidate who tells you they can sell for the highest price; choose a broker who can present you with a detailed marketing plan both online and offline. More about interviewing a broker here.
Know your Numbers
Work with your broker to find a fair market price, based on comparables in the area and the characteristics of your home. Pricing your home right is key to a successful home sale, and needs to be based on a comparative market analysis rather than intuition.
Researching the market is also important if you’re simultaneously looking for a new home to move into after the sale. Read this post for more information on selling and buying at the same time.