8 Tips To Sell House in OKC Metro
Selling a house is a part of mental adjustment and part of common sense. It’s a business decision … after all you made a decision to liquidate your asset. From now on it’s best to re-adjust and look at it from the buyer’s point of view.
Selling a home requires a little extra work. Do everything you can to get the home in excellent shape and be prepared to make some small concessions. These tips, coupled with an attractive price, will increase the odds of getting your home SOLD.
8 TIPS TO SELL HOUSE IN OKC METRO
Here are some good pieces of advice for selling your home:
- PRICE IT RIGHT – most critical strategy you can employ in a competitive market (or any market for that matter). This is also one of the toughest hurdles for Sellers who are emotionally involved in the process, are not familiar with market conditions and have no experience in market analysis. Another one is trying to emotionally disassociate from the process. After all they know the house best and throughout the years took care of improvements and maintenance. It is a challenge to become neutral. Ask yourself WHY ARE YOU SELLING? There are many of other factors to take into consideration when assessing market value like: market condition and it’s changes, house location, its condition, amenities, schools etc). This means that you must heavily rely on the expertise of your real estate agent and property appraiser.
It’s not always imperative to be the lowest priced home on the block, particularly when aesthetics and other improvements have been made. But it is important that the listing price is not out of line with other comparable homes in the market.
- THIS WAS THEN, THIS IS NOW – Simply forget that your neighbor sold his fixer upper in 2004 for 20K above the asking price. The new ‘normal’ is likely to involve making concessions to your buyer, such as price adjustments, home repairs or help with closing costs.
- GET FRESH PAIR OF EYES or STAGE – invite a good friend and ask for his brutal opinion when walking through the house. Ask him to point all of the turn-offs for buyers. He will catch some things that a proud homeowner no longer sees. Better yet hire a stager to help you make better use of the space. Staging costs can range from a couple hundred dollars for a basic consultation to several thousand dollars, particularly if you rent furniture for showing your home. Many people feel that stagers can make a home more attractive and salable, so hiring one deserves some consideration.
- DIFFERENTIATE FROM NEIGHBORS – In order to attract the attention and to make your home more memorable, consider some additions and changes … such as landscaping. This will improve the home’s aesthetics, while potentially adding value to the home. In other words CURB APPEAL is important.
- INSIDE IMPROVEMENTS – while it can pay to spice up your home, don’t over-improve it if you plan to stay in the house for just a few short years. If you are going to invest in home improvements, do your research and be sure to put your money into the thinking that are likely to get your the best return. However, if you love custom touches to add to your decor or remodel … by all means do it! If you plan to enjoy the improvements while you live in the house – it’s money well invested. The enjoyment is your payoff.
Look at the infographic below and see what might be worth your money. Your decisions depend on how many years you plan to stay in the house, how deep your pockets are, what you cannot live without etc. Planning accordingly is the name of the game.
- CLEAN AND DECLUTTER – let the potential buyers feel like they have plenty of space to move in and accommodate their STUFF. It is not necessary to take out all of your pictures, memorabilia etc .. but making sure that they are not excessively present all around the house is a good and common sense approach. It’s still your home, and most people understand and are cool with it. However try not to make it a family album in the buyer’s eyes. Let the buyers pay attention to the features of the house instead of the your fam’s history. It goes without saying how important the thinning out of the closets are. Make them look open, spacious, and organized. Pack out of season outfits in boxes, dump the ones you haven’t worn last season, get rid of those ‘too good to part with’ clothes etc. And then … call GOODWILL or such. 😉
- OFFER A HOME WARRANTY – such warranty can cost between $350-400 for a one year policy. But it covers appliances, such as air conditioners and refrigerators etc. A potential buyer may feel more at ease knowing that he will be covered against such problems. And investing in such warranty could make your home more attractive that a competing one.
- GET IT IN MOVE IN CONDITION – clean, scrub and organize to give an impression that the buyers will be able to mover right in and start enjoying their new home, rather than spending time and money fixing it up.
And there you have it, my Dear Reader, 8 Tips To Sell House in OKC Metro. The list could be longer, I could add an endless amount of ideas to it but going overboard is not necessary. The above tips are going to give you a solid start and provide a plan for a successful sale of your house.
Questions? Let me know below … will be happy to hear from you!
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