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The housing market is changing, and the way to sell your home in 2021 is different than in 2017. Housing prices are projected to increase by 5% per year on average, which means that you could see a $10,000 difference between what you bought your home for and how much you’ll get back when it’s time to sell. To help make sure that your investment pays off – both financially and emotionally – here are some tips for preparing your house for sale.

 

1) Know Your Buyer and Appeal to Them:

Start by doing your market research. When you know how much other homes in your area are selling for, you can begin to set a realistic goal for what price point will ensure that your home sells quickly and at the best possible value. Think about who is looking to buy property like yours – do they have children? Is this their first home? What is their lifestyle like?

 

2) Consider Pricing Below a Key Threshold:

If you price your home below a key threshold, it may not attract as much attention. However, if the property is priced above that point, buyers will likely assume there’s something wrong with it, and they’ll quickly move on to another option. If your goal is to make sure that your house sells fast – or even sell at all – you may want to think about pricing a little bit under the key threshold. This will ensure that your property is competitive, and it might just be enough to attract the attention of buyers who are truly interested in making an offer on your home. Now do something else (like taking out the trash or doing housework). When you come back to the task, your mind will be refreshed, and you’ll have more attention to dedicate to writing.

 

3) Don’t Go Overboard With Updates:

You want to make sure that your home will appeal to the widest range of potential buyers. That means not doing a lot of upgrades on things like countertops and appliances, as this will mean little for resale value. Instead, focus primarily on areas where you can increase both functionality and show the potential of your home. For example, spruce up a dark basement by adding lights and painting walls to make it look bigger and brighter. This is an easy way to make a big difference in how appealing your house looks without having to spend too much money.

 

4) Vet Your Real Estate Agent:

An agent who is well qualified and highly recommended will be able to help you navigate the market, set appropriate expectations for your home’s value, and make sure that it appeals to potential buyers. They’ll also know how long homes in your area typically stay on the market, which can give you a good idea about what price point might work best. Finally, a good real estate agent will also be able to help you stay on top of things like open houses and deal with the paperwork that comes along with selling your home.

 

5)Find Out How Home Prices Will Fare in Your City:

If you want to get a general idea of how housing prices are looking for 2021, it’s always good to do some research. The best way is to go online and check out your city government’s website or visit the local chamber of commerce. These resources will give you an idea about what different groups in your area think houses should be priced at, and that information can help you set a realistic goal. Now do something else (like taking out the trash or doing housework). When you come back to the task, your mind will be refreshed, and you’ll have more attention to dedicate to writing. That way, when it comes time for negotiating an offer with buyers – which is always an important part of the process – you’ll know how to stay on top.