Perhaps you are thinking of selling. Not sure if you should put your New York City home on the market now or wait until next Spring? While many national housing markets are seasonal, New York City has comparatively less fluctuations. If your home is show ready, by all means, list it today. If you are simply contemplating selling, it is important to realize a successful sale is more than choosing the best local broker with a well respected company.
There are things you can do to make certain your home sells at the best possible price in the shortest amount of time. Who wouldn’t want that? Here are my top three tips:
1. the value of your home. There are countless websites which will spit out the supposed price of your home based on an algorithm. It is very entertaining when the number is higher than you estimated and depressing when it is less. But is it realistic? All of these sites want to connect you to a local agent for a fee. After all, residential real estate is hyper local. Have fun with the algorithm but then do your own research to see who sells the most homes in your zip code. The agent who paid to be on a website isn’t necessarily the best choice. An experienced local NYC Real estate agent with a record of success in your neighborhood will know what buyers are looking for today and help you create a marketing plan for the widest possible exposure.
2. Look at your home through a buyer’s lens. How we live and how we expect to view a home for sale are very different. Go ahead and take a photo of your living room or kitchen and compare it to what you see online. Most attractive online photos will show sleek, clutter free homes with neutral colors. If you are serious about selling and moving, you are going to be packing and throwing out items you don’t use. Go ahead and start now to make the process of selling and moving that much easier. If you haven’t used it in the past year, you probably don’t need it. If you can’t bear to part with it, put it in storage and re-evaluate in your new home.
3. Put the finishing touches on your home to make it jump ahead of the competition. Regardless of market conditions, most homes that are “show-ready” sell at a higher price than their competition. Some very light construction might not be in your budget, yet it will make a difference in how quickly you sell your home and at what price. Corcoran partners with RealVitalize, a home improvement program that will not only guide you through the tune up process, but also pay the costs up front. You owe nothing back until you successfully close on your home.
You make money when you buy real estate and you collect it when you sell. Make sure you collect as much as possible with these three tips for success.