Can Homes Sell Themselves in a Sellers Market?

Posted by Jared Chamberlain

Can-Homes-Sell-Themselves-in-a-Sellers-MarketThe majority of North America’s real estate is now in a seller's market. Does this mean that homes can sell themselves without the need to prepare them and do all the things you need to do?

Of course not!

No matter what the market is doing, there are two things that you have to make sure you do when you're selling your home.

1. Pricing Your Home the Right Way

The first factor is the pricing of your home. You need to make sure that your home is priced appropriately according to the current market. There are different strategies in pricing your home in a sellers market. You can price it low to get multiple offers or price it higher and wait to see if it actually sells.

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But in reality, pricing your home appropriately to the market that you're in is still crucial! Understanding what the market is doing around you and pricing your home the right way is still the best strategy!

2. Preparing Your Home to Sell

The second factor is preparation. The sale of your house depends on how well you prepare it and present it to the market. Preparation plays a huge factor in how much you're going to get for your home and how quickly it will go.

Preparing your home for sale includes decluttering, cleaning, painting, doing a pre-home inspection, and staging. There's a ton of work you have to do if you want to get maximum value in your market.

Think Like a Buyer

If you are going to go on the market and believe your home is just going to sell itself, there are questions you need to ask yourself. How are buyers going to perceive that home? If you are the buyer, are you going to be interested in walking into it and looking at it the way it is right now?

Ensure that there will be no problems when people walk in to view your home. When potential buyers see anything troublesome, they will pause and hesitate in closing the deal.

If you have any questions about real estate in Calgary or surrounding areas, please let us know. You can reach out to us at 587-316-5400 or email us at info@chamberlaingroup.ca.

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