Since the outbreak of the COVID-19 crisis, the real estate industry has somehow dwindled in response. Given the uncertainty, homebuyers are quite hesitant to take the plunge into purchasing properties. The shift in demand means it can be quite challenging for home sellers to get their properties sold.
The good news, though, is that despite the apparent transaction decline in the real estate market, the industry continues to get by. In fact, the market is gradually getting back on track this year. As such, it’s a good idea to take the first step by taking advantage of the situation.
In this article, we’ll share with you four practical tips for your house-selling this 2021.
1. Paint your house in the best light
If you’re looking to sell your house, you must ensure that it’s in top shape and working condition. Keep in mind that if it isn’t broken, you don’t necessarily have to fix it. However, fixing minor issues can boost your property’s appeal more than you’d think. A house inspection is a typical part of the real estate purchase process, and impressing the buyer and the inspector is key to a quick sale.
In some cases, small repairs will suffice to attract buyers. However, there are also situations where you can benefit from a major renovation. This is especially true if you’ll be living in your home for a few more months to a couple of years. Adding a deck, repairing the roof, and even turning the basement into an additional room can fetch you a significantly greater price. Consult your real estate agent to see if a major overhaul is the best move for you.
2. Consider proper timing
When it comes to home-selling, proper timing is everything. Sure, we all agree that selling a property amid a global pandemic may not be the right time to do so. However, as mentioned, the real estate property is slowly getting back on track. So while the rest of the property sellers are dormant, you must find a way to get ahead of the competition. Working with a real estate agent who is persistent in their property marketing and promotion efforts can make all the difference!
3. Factor in safety measures
Another top consideration is setting safety measures in place. A lot of people are quite hesitant to visit real estate properties as they don’t want to put themselves at risk. For this reason, you must ensure robust safety protocols that you and your team must follow, as far as scheduling open houses is concerned. Be sure to have the following safety measures:
- Requiring the use of masks
- Maintaining social distancing
- Having disposal gloves and masks
- Having disposable shoe coverings
- Putting proper disinfection for touchpoints such as door handles
- Ensuring robust cleaning
You can also ask your real estate agent about the possibility of virtual tours to allow potential buyers to view your property without having to set foot in it just yet.
4. Resort to digital transactions
We are aware of the movement restrictions brought about by the global pandemic. As such, you must ensure that most of your transactions are done digitally. Whether your realtor is negotiating with the other agent or preparing paperwork, consider what you can do via digital platforms. Going digital comes with a lot of benefits such as limited face-to-face contact, secure login and communications, more streamlined closing, and lifetime access.
Here at Money Team Properties, we buy houses in metro Detroit and other parts of Michigan. All it takes is to inform us about your property, set up a quick appointment with us, and we’ll present you with a fair, no-obligation offer. From there, we’ll cash in your hands and close at a reputable title company in as little as 4 days!
At this point, you now know how to have a successful home-selling this 2021. All it takes is putting your home in the best light, considering proper timing, factoring in safety measures, and going digital as much as possible. With all these key steps, you’ll be able to sell your house as quickly as possible at relatively good pricing!
Are you looking to sell your house this year? We’ve got you covered! As a real estate firm in Detroit, MI, we specialize in helping homeowners sell their properties as quickly as possible at a relatively reasonable price. Get in touch with us today or fill out this quick form!