As our world, and our lives, start returning to “normal” more and more homeowners are finding they are in a great position to sell. The housing market in Frisco and Prosper is red hot. Inventory is low and buyer demand is high which gives homeowners leverage and allows them to sell at the highest possible price with the best possible terms. Despite the hot market, buyers still want the best overall value and property they can find. Continue reading below, or watch the following video, to learn the 4 things you still need to do in order to attract the most interest and sell your home for the highest possible price in the shortest amount of time.

How Much is Your Home Worth in Today’s Market? CLICK HERE to find out INSTANTLY

1) Make Potential Buyers Feel at Home

It is very difficult for many potential homebuyers to see themselves living in your home while it’s full of “you”. Go ahead and pack away sentimental belongings, personal photos, the kid’s trophies, kitchen gadgets, etc. Anything that you don’t use, or need, on a day-to-day basis. Taking the time to declutter and make the space more tidy and neutral makes it easier for a buyer to picture themselves living there. Go ahead and store your packed boxes in the garage or a closet. While not suggesting you have to stage your home like a reality TV show, or new model home, utilizing a professional stager to help repurpose the space can make a world of difference. According to the 2021 Profile of Home Staging;

“82% of buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home.”

In addition to your house attracting the attention of more buyers (assuming professional listing photos are taken) the same report also notes;

“Eighteen percent of sellers’ agents said home staging increased the dollar value of a residence between 6% and 10%.”

Jessica Lautz, Vice President of Demographics and Behavior Insights for NAR, says;

“Staging a home helps consumers see the full potential of a given space or property…It features the home in its best light and helps would-be buyers envision its various possibilities.”

2) Keep Your Home Clean

While this might seem like a no-brainer for most of us, I can’t tell you how many times my team has shown a home with laundry strewn across a bedroom floor, overflowing trash cans in the kitchen, glasses and magazines left on coffee tables, and overgrown grass and vegetation in the front yard.

If you’ve followed tip one and taken the time to declutter, take the time to keep your house as neat and tidy as possible. If you have showings scheduled be sure to wash the dishes, make the beds, and put the toys away. Also, make sure your home smells clean and fresh as well. If nothing else, potential buyers will definitely remember the smell of your house.

3) Make Sure Buyers Have Access

With the market as competitive as it is currently, buyers will be anxious to make an appointment to see your home as soon as possible. While there is nothing wrong with not allowing showings before, or after, a certain time of the day, try and make sure your home available for showings as often as possible.

The more buyers that see your home the more offers you are likely to receive. One good option, if your home goes on the market on Friday is to plan on being away as much as possible that first weekend to maximize showing opportunities. The good news is that you probably won’t have to be inconvenienced by showings for very long!

4) Price Your Home Correctly

How do you do that when homes are sometimes selling for tens of thousands of dollars above list price? Truth is, even in a strong sellers’ market, it’s important to set the correct initial list price in order to maximize the selling potential. Ultimately, the sales price will be determined by the market, not what you list the property for. Shooting for the moon and listing your home too high can actually backfire and be detrimental to the sale. Your goal should be to attract the maximum amount of attention from competing buyers and let a bidding war push the final sales price up.

Work with your agent to review the latest comparable sales data to come up with a price that will allow you to attract the most attention and ultimately the highest sales price.

Bottom Line

Today’s market has created a unique opportunity to sell your home on your terms, for the highest price, in the shortest amount of time. If you’ve been considering selling your home let’s schedule a call to put the plan in place that allows you to take advantage of these favorable market conditions.