How to Prepare a Home for Sale in this Market
There’s no doubt the Phoenix residential real estate market is crazy hot right now. But that doesn’t mean that a homeowner doesn’t need to properly prepare a home before putting it on the market. Libertas Real Estate shares some tips for preparing a home for sale in this market.
Fix the “Non-Negotiables” — Things such as an old roof that needs to be re-shingled or a failing a/c unit that is barely cutting it (especially in the dead of an Arizona summer) are going to be sure fire red flags for potential buyers. These can even be seen as “deal breakers,” so those that are serious about selling, and selling quickly, should have those items repaired or replaced prior to putting the home on the market.
Set the Stage — If the home is a bit dated, spending some time on some minor upgrades can make a big difference in curb appeal and overall home value. The kitchen is a big determining factor for many buyers, so consider starting there. An entire overhaul isn’t always necessary. Sometimes a fresh coat of paint or new appliances can make a big difference without breaking the budget. It’s important to make the home as attractive and inviting as possible, so make sure the home represents an attractive, timeless style and that it’s clean and clear of clutter prior to a showing.
Secure a Reputable Realtor — Navigating the ins and outs of any home sale can be very stressful and it takes the skill and expertise of a professional real estate agent who is well-versed in a high-demand market. It’s important for home sellers to work with an agent that they trust — and to listen to their advice as they work through the transaction of the sale.
Have an “Exit Strategy” — Home sellers in this market should know that homes are going rapid-fire fast! That means their home could potentially sell just as soon as it hits the market. So if they themselves are looking for a home, they may want to get a head start or consider the possibility of renting somewhere while they find their next dream home. Renting back their own home from the buyer is another possibility that can be written into the contract as needed if both parties come to a mutual agreement.
Looking to list or buy a home? An experienced and professional Libertas Real Estate agent is ready to help walk homebuyers and sellers through each step of a successful transaction.