By: Raymond James
About the Author:
Ray is a sought after thought leader and an expert in financial and money management. He has been published and featured in over 50 leading sites and aims to contribute articles to help novice financial planners. One of his goals is to impart his knowledge in finance to educate and help ordinary people create and achieve their financial goals.
Selling your home can be stressful, especially in an increasingly competitive market. For example, if you’re trying to sell your house in 2022, you’ll likely find yourself competing with millennials and retirees looking to move into the area. With that in mind, it’s important to focus on appealing to these two groups if you want to sell your property quickly. Here are five ways you can appeal to these groups when trying to sell your property in 2022.
1. Choose Your Seller
There are two broad categories of real estate professionals: agents and brokers. Agents work with one party, while brokers work with both parties in a transaction. If you’re planning to sell your home yourself in 2022, you might be wondering if it makes sense to hire an agent or go it alone.
When choosing an agent, look for experience and focus: While there’s certainly no substitute for knowledge and expertise, not all agents have experience selling homes in your area. When looking for a broker, you’ll want to look for an experienced professional who has listings in your local area. However, don’t just assume that every licensed broker will offer top-quality service since there is no industry-wide standard for certification or training programs. Be sure to check references before hiring anyone!
2. Prepare Your Property for Sale
There are a number of things you can do to prep your property for sale, such as cleaning and decluttering your home. Staging is another method of making your property more appealing to buyers. If you’re selling a commercial property, make sure it’s in compliance with health and safety codes and that you have all necessary permits for its operation.
Before putting any property on the market, make sure its title is clear. Many homeowners sell their properties only to find out after closing that they’re still paying taxes or fees on them. Conducting a title search will help identify any past-due payments so you can set up an escrow account to pay them off before closing.
3. Create an Inviting Exterior
It’s no secret that curb appeal is one of many deciding factors when buying a home. And today, a prospective buyer will be judging your property from farther away than ever before. When it comes to your lawn, make sure to keep it mowed and trimmed to showcase its natural beauty.
Another way to increase curb appeal is by having inviting landscaping. For example, you can choose plants that are native to your area or have vibrant flowers or even just plants that smell great. By taking care of these little details, you’ll also be able to cut down on outside maintenance, so you’ll have more time and money for what really matters.
4. Stage the Interior of Your Home
Staging your property can be a great way to attract buyers, and it doesn’t take too much time. Simple touches like adding flowers to a room or keeping clutter off of your counters can go a long way when you’re trying to sell a home. The best part is that you don’t have to spend a lot of money, either.
If you have some old things lying around or plants that need watering, do those things while taking pictures and listing your home for sale. There are also some free resources out there that can help with staging, like magazines, pamphlets, and other information from local real estate agents.
5. Tidy up Loose Ends
If you’re serious about putting your property on the market, there are several details to attend to. Check that your mortgage is paid off and there are no outstanding debts. Once you sell, your new lender won’t be happy about finding out about outstanding debts or a previous mortgage when you apply for financing.
It’s also wise to make sure that everything works properly in your home before listing it. Is your air conditioning system keeping you cool? Are there any cracked tiles in the bathroom? Do all appliances work as they should? If not, hiring a professional (such as an electrician or plumber) to sort them out now can save both time and money down the road.
Taking the above pointers into consideration will make your property selling journey seamless. In the event you want to sell your property, talk with Shield Management to help you with the process.
