The spring real estate market will be here before you know it. Here’s what you need to do to prepare if you’re thinking about selling.
If you’re thinking about selling your home this spring, you’re in luck. We have five tips to share with you today that will help you get your home in tip-top shape by the time you’re ready to list. Here is what you should do:
1. Start way before spring. The spring market begins before spring does. You’re going to enter a very competitive market, so the earlier you prepare, the better. It’s a beauty contest and a price war, so getting ahead of the pack will serve you well.
2. Start talking to Realtors in your area. 95% of all transactions are conducted by sellers who have a listing agent; the listing agent represents them through all the legal minutiae and marketing decisions of the transaction. Get as much information as you can about each Realtor before you determine your best fit.
3. Get your plan well-established. In other words, where are you going to go once your house sells? If you’re purchasing a new home, will that purchase be contingent on the sale of your home? That strategy doesn’t tend to work well in our area so we will need to figure something else out. You should also determine what you want your takeaway to be so you can find out how much you can put down on your new home when the time comes to make an offer on it.
4. Be as informed as possible about the spring market in your area. We have a lot of mini-markets around here. The Georgetown spring market isn’t the same as the Chevy Chase, Spring Valley or Rockville spring markets. They each have different people, different demographics, and different dynamics.
5. Get your house physically ready for the market. Make your home a showcase by cleaning, decluttering, sprucing up your landscaping, and replacing outdated paint or carpet. Remember, it’s a beauty contest out there.
The spring market begins before spring even does.
We hope these tips are helpful to you as you prepare to sell your home this spring. If you have any questions or want any more tips, give us a call or send us an email. We are always glad to help.
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