If you are a home owner in Ann Arbor, the odds of selling your home are in your favor. Home sales in Ann Arbor are currently some of the most expensive real estate transactions in the state. There are many things about Ann Arbor that attracts buyers of all types. Families, retired couples, and individuals can all benefit from living in this historical tourist town.
If you would like to place your home on the market, there are many things that you will have to consider. Selling a home for the first time can be an overwhelming and somewhat scary process, but with the right amount of guidance you will be able to successfully list your home and complete your sale in a short amount of time.
As a Seller, What do I need to do first?
First time sellers should seek out the advice of an experienced real estate agent to help them throughout their process. While many home owners have had luck selling their home on their own, it can be very stressful and time consuming to take on the task alone. It is best to hire an agent that will take care of the legwork for you, so that you can focus on other areas of the home selling process.
It is best to find a real estate agent that has successfully sold homes in the Ann Arbor area in the past. That way, they can fill you in on important details such as an estimated time frame for the sale, how the seller’s market is doing in that area, and what the best listing price would be for your home.
What is a good Price Range for my Home?
It can be tempting to place a high listing price on your home right off the bat, but if you want to sell your home quickly, you will need to lower your price to a reasonable amount. Your real estate agent can help you decide on a good listing price by looking at the current sales prices for homes similar to your own. They will also usually suggest that you go with a high, yet reasonable, listing price at first so that you will be able to negotiate with your buyers and come down to the lowest price that you would be willing to take.
What Do I Need to Do to Prepare my Home for Sale?
When it comes to preparing your home for sale, real estate agents often use terms like “Stage your home” and “De-peronalize it.” What they generally refer to is “marketing” your home and it entails a variety of aspects. Staging your home involves a creative process to making each room appeal to a home buyer. This could be arranging furniture a certain way or just keeping the house clean. When agents talk about “de-personalizing” a home, it means you should try an minimize any overuse of family photos. Remove personal items off of the bathroom sink, as it takes up space and provides an unwanted peek into your lives.
Besides keeping the house clean and removing any clutter, you’ll want to be ready for multiple showings. It’s hard to keep the house perfect everyday, so have a system in place (in case you get an urgent call that a buyer wants to see your house now). Ask if your neighbors can watch your dog for a bit and try to keep the yard neat. Staging goes for both the interior and exterior of your home.
What is a Home Showing?
A home showing is when your real estate agent gives potential buyers a tour of your home. When the showing is taking place, the house will need to be empty, so you will need to make plans to visit some friends or go to a local park or shopping center while the realtor shows the buyers around. Your real estate agent will let you know beforehand when they will be stopping by. While it can be difficult to put away all your things minutes before a showing, do your best to store away personal items before you leave the home.
Ann Arbor is an interesting city that many people love to visit and many consider relocating to. The abundance of amenities that this town has to offer makes it a prime location for real estate sales. Those who live in the Ann Arbor area and would like to sell their home should take advantage of the seller’s market in the area. Contact us today and we can help you get the process started!