Tip 1
Price it right! Most real estate agents agree that pricing your home correctly is one of the best strategies you can employ in a competitive market. Because things change in this market from month to month, it can be hard to get a handle on what kind of pricing the market will allow. This means you must rely heavily on the expertise of your real estate agent.
Tip 2
Get picky. Invite a brutally honest friend to walk through your home and point out potential turn-offs for buyers. A fresh set of eyes may catch things (the spot on the wall where your three-year-old squashed PlayDoh, for example) that a proud homeowner no longer sees.
Tip 3
Remove the clutter. Excess stuff is visually distracting, and it creates a bad first impression. Rent a storage unit to house non-essentials while your home is on the market. For just a few hundred dollars, you'll have given your house a mini-makeover that buyers will appreciate.
Create neutral territory. While you don't have to paint everything white, it does help to tone down unusual color choices and to remove personal items from view (bye bye, Elvis memorabilia!). You want potential buyers to be able to envision themselves in your home, not critique your taste.
Tip 4
Tip 5
Sweat the small stuff. Repaint, replace fixtures, clean, plant flowers -- in short, do whatever you can do to make your home put its best foot forward to a potential buyer. With a glut of inventory, buyers can afford to be choosy.
Tip 6
Don’t over invest. Sure, upgrading your kitchen to fit the times can be a great idea but, be careful with your budget. Every dollar you invest does not necessarily increase the value of your home equally.
Tip 7
Think on your feet. Sellers need to stay alert in this kind of market. Another house comes on the market in your neighborhood? Ask your agent to visit it and sees how the price and condition compare to yours. Get a lowball offer? Before you turn it down, get the latest comps for your area to see if prices have shifted. Getting traffic in your house but no offers? Make sure your agent is calling other real estate agents for their feedback. Staying on top of your home-selling process is the key to securing a good offer.