Real Estate Worcester Ma
Selling your home in Worcester Ma can be a challenging, emotional process, especially when it comes to getting a fair price. According to housing specialist Sandy Annunziata of S & R Properties, “Real estate sales in Worcester is not static. Overall Massachusetts sales are up 18%.”
With such a stressful and important issue at hand, it is common for first-time homeowners to make mistakes that could end up losing them thousands of dollars. However, with a bit of know-how, any seller can be more confident and more prepared to meet their asking price. Below are some of the best ways to ensure that you get the offer you deserve on your home.
Do Your Research:
Before listing a home, it is vital to research the housing market. Worcester Ma real estate is unique so do your homework and have proper expectations. Overpriced homes don’t sell in a buyer’s market, so make it your first mission to find out what price point comparable homes are selling for. Are many new people moving into your area, or are you competing against many other sellers in a region with few buyers? All of these factors can have an enormous impact on how much you can expect to get for your home.
Part of doing research on the local market involves taking a close look at the prices and sales trends. If house prices are dropping each month, lower your asking price a bit right off the bat to make a quicker sale and gain an advantage over other sellers that aren’t as in-tune with market trends. On the other hand, if prices are stable, it may be wise to slightly increase your asking price in order to soften the financial blow of price negotiations. For instance, if you want to sell a home for $200,000, set an asking price of $205,000. This $5,000 buffer allows a buyer to negotiate the price down your actual asking price while feeling like they are getting a bargain.
Get a Professional Opinion:
Hiring a home inspector can be an invaluable way to get a better picture of your home’s value at a reasonable cost. These professionals can give you an accurate, impartial look at any potential problem areas, and they can also recommend repairs or minor renovations that may significantly increase the value of your home. Official inspection documents can be a wonderful way to relieve any fears that potential buyers may have about the home’s condition.
Maximize Curb Appeal:
The outside view of your home will be the first impression that each buyer has about the property, so putting in a bit of effort to spruce up the curb appeal can pay off handsomely in the long run. A fresh coat of paint, a well-manicured lawn, and some inexpensive flowers or shrubs could have a surprising effect on the offers that buyers will make. Clear any unattractive clutter, wash windows, clean out gutters, and take care of any other yard maintenance that could make your home look more appealing.
Hire an Agent:
While the prospect of paying a commission may seem unappealing, the majority of homeowners simply do not have the experience and professional knowledge necessary to handle selling a home. Agents can help set a fair price, deal with buyers face to face, and handle any potential problems or paperwork that crops up during the process. A good agent is invaluable when your goal is to make a quick sale at fair price.
Prepare the Home for Tours:
Curb appeal is important, but remember that potential buyers will want to tour the interior of the home as well. Every homeowner should make an effort to thoroughly clean their home and prepare it for a walk-through. Get rid of clutter, repair any cosmetic or functional damages, and make each room in the house clean and inviting. Buyers want to inspect the home for anything that might be a sign of costly future repairs, so always be up front and accommodate any questions. It is also important to be available whenever a buyer wants to take a look at your home, so try to keep your schedule as flexible as possible to ensure you get more offers.
Selling a home can be a frustrating, stressful, and emotionally draining experience for homeowners who haven’t properly prepared. By following the tips above, any seller can more accurately price their home, address any potential problems, and walk into negotiations feeling confident about receiving a fair price. All property markets are different. S & R Properties is your best choice when considering a purchase of Worcester Ma real estate for sale.