As the market continues to improve, buyers are coming out in droves. This is great news for everyone, especially those selling a home right now. In some places, demand now exceeds supply and many homes are being purchased within days of going on the market. Beyond getting a great Realtor with expertise in your area, what else can you do to make your home stand out from others for a quicker sale? Here are some lesser-known tips from the experts:
1. Price with round numbers
In reviewing a year of sales in the Houston area, Realtor Jim Mulholland finds that homes listed at or just above “00” sold in about 2-1/2 weeks compared with 4 weeks for properties with “99.” His reasoning: “If I’m a consumer looking in the $300K to $400K price range, there’s a good chance I will completely miss some very nice homes listed at $299K.”
2. Don’t skimp on photos
As the most valued feature of real estate websites, photographs of the home turn lookers into visitors. So make them count. Hiring professionals who specialize in photographing homes may be a great value option here.
3. Storage space sells
Roomy closets and other storage space ranks highly as a desired feature, especially with younger people who typically buy boomers’ homes. The problem is many boomers live in older homes with limited storage space. Removing excess seasonal clothing can give closets and storage spaces a much needed boost in the visual appeal department.Shelving units or organizers in walk-in closets are a fast-growing must-have — and worth their $200 price tag. Also, pare down kitchen cabinets and remove drain cleaners and other products that may indicate potential problems.
4. Know the eight-second rule
In that time, many buyers decide whether they’ll buy the home, says Corcoran. For better curb appeal, ensure that the lawn and entryway look neat and crisp. And plant yellow flowers. Studies show that yellow excites and stimulates buying, says Carney-Schoepe.
Come by next week as we round out the final 4 tips! Happy home hunting!