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Tips for Selling your Home in the Current Market

By Nancy Wallace
Mon, Feb 15, 2021 at 2:55PM

Tips for Selling your Home in the Current Market

Now is a great time to sell your home. In the article 3 Tips for Selling a Home in 2021 Maurie Backman writes, "There's a reason buyers are clamoring for homes today. Mortgage rates are sitting at historic lows, so many people want to lock in a home loan now, before rates climb. As a seller, that gives you a prime opportunity to command a higher asking price than what you'd normally get for your property. Still, it's important to be strategic when listing your home this year. Here are a few tips for navigating the process and coming out ahead." 

In order to stand out from the comps in the area, it's important to fix any obvious problems. For example if your gutter is falling down, or shingles on the roof are loose, or the walkway is full of weeds, make sure to address these issues. It may not be necessary to do a small renovation as potential home buyers will put there on stamp on the home. 

Take advantage of the market now. List as soon as you can. Don't wait. It's better to be one of the first listings than one of many listings. 

According to Maurie Backman, "As a home seller, you definitely have the upper hand in today's housing market. If you want to walk away with the highest offer, address major issues with your property ahead of time and list your home before inventory increases. At the same time, look to buyers with mortgage pre-approval. Doing these things could result in a smooth closing and a very lucrative sale -- with proceeds that could serve you well for years to come." 

More than likely the low mortgage rates will not be available for much longer. This is why it's important to take advantage now. If you are looking to sell your home or purchase a new home, please reach out to Oceans Luxury Realty. One of our realtors can assist you.

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