Prepare Yourself: The Best Time to Sell Your Home is Almost Here
If you're thinking about selling this spring, you should act quickly because the best week to list your home is fast approaching.
Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year:
“Home sellers on the fence waiting for that perfect moment to sell should start preparations because the best time to list a home in 2023 is approaching quickly. The week of April 16-22 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year.”
If you've been waiting for the right time to sell, now is the time. But keep in mind that you must prepare your home before putting it on the market. And if you haven't already begun, you'll need to act quickly. Here are some things to keep in mind.
Work with an Agent To Determine Which Updates To Make
Start by prioritizing which updates you’ll make. In February, realtor.com asked more than 1,200 recent or potential home sellers what updates they ended up making to their house before listing it (see graph below):
As you can see, the most popular responses were landscaping and painting. Work with a reputable real estate agent to determine which projects are best suited to your objectives and the local market.
If Possible, Plan To Have Your House Staged
Once you’ve made any necessary repairs and updates to your house, consider having it staged. According to the National Association of Realtors (NAR), 82% of buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home. Additionally, almost half of the buyers’ agents said home staging had an effect on most buyers’ view of the home in general. Homes that have been staged sell faster and for a higher price because they allow potential buyers to visualize their new life in the home.
Are you prepared to sell your home this spring? Let's talk about your next steps. You can begin by making a list of what you believe your house requires to be ready. Then we can collaborate to prioritize your list and move forward.