Monday, March 2, 2015

5 Ways Spring Home Sellers Can Gain an Edge

Along with tulips and daffodils, "For Sale" signs will soon be popping up across neighborhood lawns. An improving labor market in the U.S. is expected to spur increased home sales in 2015, so if you've been wanting to sell your home, low interest rates and tight inventory levels should create an attractive environment. Full Article

Here are five things you can do to get a leg up on the competition this spring.
1. Spring-clean your home. Take the time to do a deep cleaning on your home. Clean your windows. Consider a fresh coat of paint. Clean the grout in your ceramic tile. Consider whether your carpets need cleaning. Cleaning also means sprucing up your landscaping, which includes flower beds and bushes.

2. Clear the clutter. It's time to get out the packing boxes. If you are serious about moving, start packing now. Think about getting a small storage locker. Lighten up the house. If the living room has too much furniture, it doesn't look usable.

3. Use color themes. It's OK to be a little bold with color, but make sure everything matches. It used to be that everything had to be neutral colors -- beige or white. Now, people are bringing color into their homes. But make sure that everything goes together.

4. Consider getting a home inspection. Typically, many homebuyers get a home inspection before completing the purchase of a home. Why not find out ahead of time which items the home inspector will report need attention? The key is to be proactive. Maybe there is a small drip in the faucet or there aren't electrical ground-fault circuit interrupters where they are supposed to be, near water. These can be a small fix, and it creates a less-hassled transaction. 

5. Don't hike up the sale price. Real estate experts advise being realistic when it comes to your selling price. It needs to be competitive. Pricing a home too high can eliminate some potential buyers from even viewing your house, and that could mean your house sits on the market longer. If eventually you decide to do a price reduction, buyers may wonder what is wrong with the home.

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