Let’s face it. It’s no longer a seller’s market. Gone (at least for the immediate future) are the days of homes priced greatly above their appraised value and homes flying off the market in a matter of days.
Homes in Leon Valley remain on the market for an average of 90 to 120 days. That’s three to four months of waiting, wondering and agonizing over whether your home will sell. To expedite this process, and to attract potential home buyers, there are few, basic things to take care of:
Price it Right
If you have time to spare and selling your home quickly is not a priority, then by all means, price it higher and be prepared to wait. However, if you’re like most people selling their home, you want a quick sell. Therefore, the bottom line is: price it right! With the help of a local real estate agent, determine the appraised value of the home, research other homes in Bexar County area that have sold in the last few months and price it aggressively. When determining a sale price for your home, remember that the difference between a competitively priced home and one that is overpriced is often the sold sign in the front yard.
Consider the Area in Which You’re Selling
Taking time to evaluate the local market, or hiring a well-qualified real estate agent to do it for you, will enable you to get a better feel of what to expect. For example, homes prices in Leon Valley are up 5% from last year and the greatest activity is among repeat buyers. Having this important information in your back pocket will allow you to better gauge your market and determine your marketing strategy and pricing strategy.
Spruce It Up for a Quick Sell
Clean the carpets, pain the walls, pull the weeds and hide the junk. It may seem obvious to take care of these matters, but important details are often overlooked by sellers at the expense of selling their home. Ask yourself the following questions: Is my home bright, clean and clear of clutter? Are my home’s features accentuated? Walk through your home and try to envision it from a buyer’s eye. Is it welcoming and easy to walk through? Taking the time to tend to the small details can often mean less time on the market and more money in your pocket.