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3 reasons why selling in the winter can be a good idea!

With the holiday season upon us, many who are ready to sell their home wonder if they should list now or wait to list in the spring.

Before deciding what is best for you and your situation, we recommend sitting down for a consultation with your Main Street agent!

Although it’s true that we see a peak in real estate activity in the spring months, many buyers are still out and anxious to find their dream home.

Here are three reasons why you may want to consider listing your home over the winter months!

  1. Serious buyers are out! Yes, it’s true that the housing rush does slow over the holidays, but the buyers who are still actively searching for their home tend to be the serious ones who are ready to move quick. You may only get a few showings, but chances are good that those scheduling tours are not just browsing and are prepared to make an offer if the home fits their needs.
  2. There is less competition. Lower housing inventory will help your house to stand out. If your home is well prepared and priced right, it will be the hot item for home buyers.
  3. Home staging is more fun! The warmth of the holiday season have buyers in a festive mindset. They are envisioning their lives and their family traditions in their new home. Sellers can feed into that with their home presentation. Have fun decorating for the season! Some sellers will have a beautifully set table, which help buyers dream of hosting holiday dinners. Others will decorate the entrance of their home with poinsettias or other classic holiday decor.

In 2018 we experienced low inventory throughout our South NJ neighborhoods. The buyers outnumbered the listings. This means that many buyers are still out their awaiting their new home. They may also feel that they are going to need to wait until the spring until listings begin to pop up again. However, if they see your home come up now, they may jump at the opportunity!

Call your Main Street agent to schedule a consultation to discuss your options!

856-858-2200

 

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What renovations add value to your home?

Before listing your home for sale, you must first make sure it will create a buzz among potential buyers! You likely have already heard about the need to de-clutter, de-personalize, and deep clean… but what renovations can you do to add value to your home?

Taking the time to prepare your home and making the investment in upgrades before listing for sale will help in getting more potential buyers coming through your door and maximizing your profit.

Renovations, whether large or small, can make a big impact on getting your house sold. They can also create a big hole in your wallet if you don’t know which ones will pay off.

Here are some renovation ideas to consider:

Roof – While a new roof may not add immediate value to your home, it may help it sell faster. When a buyer spots a leak, nothing else matters! Advertising a new roof in your listing is a big draw for house hunters.

Curb Appeal – First impression is the key! If your home doesn’t look inviting on the outside, nobody is going to want to go inside. A nicely manicured lawn, colorful flowers, and a welcoming entrance way will catch a buyer’s eye. Applying a fresh coat of paint on the front door and power washing walkways are also easy upgrades.

New Deck/Patio – Adding a new deck or patio can recoup approximately 84% when selling a home. A weather treated wooden deck is a nice selling point!

Kitchen – Kitchens are easier to update than one might think. Consider adding new appliances and lighting. Adding new fixtures, a back splash, and new counter tops can make a big impact.

Bathrooms – Simple updates such as new hardware, fixtures, and lighting can make a dated bathroom feel refreshed. Removing old caulking and adding new can make a bathroom look cleaner and neater. You may also consider removing a shower door or curtain to create a more spacious feeling.

Windows – New windows are a good selling point as they lower energy costs. Wooden windows are admired for their classical elegance and relative scarcity in the marketplace and can significantly improve the value of your home to the right buyers.

Central Air – Adding air conditioning is a good upgrade especially if you are selling in the warmer seasons.

Bonus Space – Attics are often unused space in homes that may be suitable as home offices, TV rooms, art studios and even bedrooms. The buyer will see potential for personal use as well as knowing that all areas of the home are sustainable.

Siding – Upscale fiber-cement siding can actually recoup the same amount or more money than you spend on it. It is relatively easy to install and is virtually maintenance free once installed and painted.

Closets – Reorganizing small closet spaces and adding wood elements like shelves creates a tidy look.

Cosmetics – A fresh coat of neutral color paint can go a long way! Pay attention to the details such as replacing outlet covers, light switch plates, and heat registers.

Remember that most buyers are beginning their search online, so investing in upgrades that will jump out to those browsing photos online is important. When you make the decision to sell your home, first think through a plan of action to assure your house will be competitive in the market. A house is a product in the real estate market. You want to make sure the presentation of your product compliments that value you are seeking.

For additional guidance, call your local real estate specialist and schedule an in home consultation!

Preparing to sell your home_