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Things to Do Before Listing Your Home

3 min read

Jonathan Archie

Selling a home involves more than simply putting a "For Sale" sign in the yard. With the right preparation and focus on key *things to do before listing your home*, you can make your property more attractive to potential buyers, potentially increasing its sale price and ensuring a smoother transaction. Here’s a guide on crucial steps to take before listing your home, including key statistics to highlight their impact.



1. Interview and Select the Right Listing Agent


Partnering with an experienced listing agent can set the tone for your entire selling journey. A strong agent will guide you through the process, helping you prepare your home and position it in the market. Here’s how to choose the right agent:

  • Research Their Track Record: Look for an agent with a solid sales history, as top agents typically help homes sell for 10-15% more than the market average (National Association of Realtors).

  • Ask About Marketing Strategies: The right agent will outline a clear plan for promoting your property, as homes with professional photos sell 32% faster than those without (Center for Realtor Development).

  • Evaluate Communication Style: Sellers who feel well-informed report higher satisfaction with their sale, with effective communication reducing stress and boosting confidence (Zillow).



2. Declutter, Depersonalize, and Deep Clean


Potential buyers need to envision themselves in your home, which can be difficult if personal items are visible or spaces appear cluttered. Here’s how to make your home more inviting:

  • Declutter and Depersonalize: Removing family photos and reducing clutter can make rooms appear larger and more open, which is a key factor since 71% of buyers find well-organized storage spaces appealing (National Association of Home Builders).

  • Deep Clean Every Corner: A spotless home signals it’s been well-maintained. In fact, deep cleaning can increase perceived home value by up to 5% (Consumer Reports). Don’t overlook areas like baseboards, grout, and ceiling fans to ensure a fresh feel.

  • Address Odors: Proper ventilation and neutral air fresheners make an excellent impression, as 80% of buyers are sensitive to lingering odors when viewing a home (National Association of Realtors).



3. Selective Remodeling and Updates


While full-scale renovations aren’t always necessary, strategic updates can make a significant difference. Focus on:

  • Replacing Dated Fixtures: Simple upgrades, such as modernizing light fixtures or replacing outdated cabinet hardware, can increase perceived home value by 2-3% (Remodeling Magazine).

  • Painting Rooms in Neutral Colors: Neutral tones can make spaces feel bright and welcoming, appealing to 79% of buyers who prefer lighter colors (Zillow). Fresh paint can provide a 107% return on investment (HomeLight).

  • Restaining or Refinishing Flooring: If your flooring looks worn, refinishing can give it a new life, especially since 54% of buyers consider hardwood floors a desirable feature (National Wood Flooring Association).


4. Get a Pre-Listing Inspection


A pre-listing inspection can uncover potential issues before buyers do, helping you avoid surprises during negotiations. Here’s why it’s valuable:

  • Identifying Repairs: Addressing repairs in advance reduces buyer concerns and can increase your home’s value by 1-3% (HomeAdvisor).

  • Building Trust: Sellers who provide inspection reports show transparency, which can make the home more attractive. In fact, 55% of buyers say they’re more likely to make an offer on a home that’s been recently inspected (National Association of Realtors).

  • Speeding Up the Process: With fewer inspection-related delays, homes with pre-inspections tend to sell 7-10 days faster on average (American Society of Home Inspectors).


5. Set the Right Price


Setting an accurate price from the beginning can help your listing gain traction and prevent it from languishing on the market. Here’s how pricing strategically can help:

  • Assess Comparable Properties: Homes priced based on comparables and current market trends have a higher likelihood of selling within 30 days (Redfin).

  • Price to Entice: Homes that are priced competitively receive up to twice as many inquiries in their first week on the market (Trulia).

  • Avoid Overpricing: Properties that start with high prices often end up selling for 5-10% less than originally intended after multiple price reductions (National Bureau of Economic Research).


Conclusion


Properly preparing your home can make all the difference when it comes to attracting buyers and achieving a successful sale. From selecting the right agent to making selective updates, each step can help increase your home’s appeal and market value. Selling doesn’t have to be overwhelming when you have the right guidance and a solid plan in place.

Nov 14, 2024

3 min read

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