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February
7

Preparing to Sell in 2022 - Counselor Realty

The real estate market has been red-hot, thanks to the entry of many first-time millennial buyers and record-low mortgage rates. If you have looked into Coon Rapids homes for sale or Detroit Lakes homes for sale, you may have realized that homes don't stay for too long in the market. However, before you place a "for sale" sign outside your property, you should consider a few things. Our agents have listed some tips to get the best price for your home:

  1. Depersonalize and Declutter Your Home
    Decluttered rooms let buyers plan how to fill the home as they walk around. Start with the least-used spaces like the garage and proceed to frequently-used rooms.

    Depersonalizing involves removing personal items from the house and neutralizing the décor. When buyers look at online listing photos or go to home tours, they envision how their personality and taste will look in the home.

    To start, pack away collection items, religious-themed décor, and clear any trace of your hobbies. Then, remove family photos and portraits, framed certificates, and trophies.

    The next step is to remove any wallpapers and paint over bright wall colors as neutral paint colors appeal to most buyers. Another tip is to minimize furniture of a specific taste, such as patterned accent chairs.


  2. Boost Curb Appeal
    In addition to attracting many buyers, well-maintained exteriors get better offers. In the absence of a high renovation budget, there are simple ways to boost your home's value. For example, rent a pressure wash and clean the siding, gutters, windows, deck, driveway, and sidewalk. You can even set your garden hose at its maximum intensity and power wash the entryway.

    Another simple tip is to repaint the front door with a stand-out color like red or blue. Also, trim bushes and trees, mow the lawn, update porch fixtures, and paint the mailbox.


  3. Call a Real Estate Agent
    The home-selling process is quite complicated, and you need a well-informed and tech-savvy agent by your side. Top real estate agents shine in bidding war negotiations, and they will fight for the best value. 

    Agents are neighborhood experts with targeted marketing strategies, and they know how to best present your property to potential buyers.


  4. Determine How to Price Your House
    Overpricing is the most common mistake among home sellers. If your listed price is on the lower side, you attract multiple offers that drive the price up to the property's actual market value. However, you don't want to list a very low price as you are likely not to sell the building for as much as you can in the white-hot seller's market.

    This is where a knowledgeable agent comes in. When looking into comparable houses, an agent will consider the square footage, the number of bedrooms and bathrooms, and any unique additions.


  5. Have a Plan for Your Next Home
    Homes sell swiftly in a seller's market, and you need to know where to go after your house sells. Things get tricky if you plan to use the money from the house sale to purchase another house. In this case, call your existing lender to check your pay-off amount.

    Also, explore various mortgage offers from credit unions and lending institutions. Another tip is to arrange for temporary housing and wait for the market to balance out.


  6. Keep Your House Show-Ready
    Once you declutter and clean your home, keep it in tip-top shape while in the market. You don't want a buyer to find dirty dishes piled in the sink or discolored tiles in the bathroom. Regular check-ups of various rooms are necessary to keep the house sparkling and attractive.

Ultimately, hiring a professional real estate agent is the best move when navigating a seller's market. Call today for expert guidance for the best deal for your property.

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