SELLERS January 23, 2023

3 best practices for selling your house in 2023.

Are you considering selling your house this year? With the changes in the housing market, it’s important to recognize that things are different now and to price your house appropriately based on the current market. In this blog post, I will go over the 3 best practices for selling your house in 2023.

  1. Price Your Home Right One of the most important factors in selling your home is pricing it correctly. With the market shifting and mortgage rates rising, it’s essential to price your home realistically. This is not the housing market of April or May, so buyer traffic will be substantially slower. However, appropriately priced homes are still selling quickly. If you price your house too high, you run the risk of deterring buyers. And if you go too low, you’re leaving money on the table. An experienced real estate agent can help determine what your ideal asking price should be.
  2. Keep Your Emotions in Check Today, homeowners are living in their houses longer. According to the National Association of Realtors (NAR), since 1985, the average time a homeowner has owned their home has increased from 5 to 10 years. This is several years longer than what used to be the historical norm. The side effect, however, is when you stay in one place for so long, you may get even more emotionally attached to your space. If it’s the first home you bought or the house where your loved ones grew up, it very likely means something extra special to you. Every room has memories, and it’s hard to detach from the sentimental value.
  3. Stage Your Home Properly While you may love your decor and how you’ve customized your home over the years, not all buyers will feel the same way about your design. That’s why it’s so important to make sure you focus on your home’s first impression so it appeals to as many buyers as possible. “Staging is the art of preparing a home to appeal to the greatest number of potential buyers in your market. The right arrangements can move you into a higher price-point and help buyers fall in love the moment they walk through the door.”

Bottom Line If you’re considering selling your house, reach out to Holden Bowersock to help you navigate through the process while prioritizing these best practices. As an experienced real estate agent, I understand the current market and can help you price your home correctly, keep your emotions in check, and stage your home properly to appeal to the most potential buyers. Don’t hesitate to contact me today to schedule a consultation and take the first step towards selling your house!