While the real estate market in Rhode Island is on an upswing, many residents may be considering listing their property in the hopes of capitalizing on the trend. Although there is a shortage of starter homes in the Ocean State, the Rhode Island Association of Realtors recently announced that the number of mid-priced homes sold in 2017 eclipsed previous records — meaning buyers in these price ranges have more options. To make your home stand out from the crowd, J.Christopher Real Estate Group has some tips that can help you sell your home quickly.
“Home sellers can become so excited about listing their property that they can sometimes lose sight of their overall mission,” said Jarrod C. Lewis, owner of J.Christopher Real Estate. “In thinking about the windfall of money they might receive, homeowners might make renovations that can turn off some buyers or discourage potential buyers with a price that doesn’t align with the neighborhood.”
With a team of five real estate agents that are thoroughly informed about the Rhode Island market, J.Christopher Real Estate agents know what buyers are looking for in a new home. As you begin the home listing process, here are the do’s and don’ts when putting your home on the market.
Don’t make niche improvements
While a ‘man cave’ with a bar and ceiling mounted space for cinema viewing may be appealing to you, another family may have to think about the cost of undoing the project for a more family oriented space.
Do make upgrades that are widely appreciated
When making renovations to sell your home quickly, consider fixing peeling paint, cracked fixtures or installing new appliances. These things can motivate a buyer to make an offer quickly.
Don’t overdo the decorations
Setting up bright color themes that are to your personal preferences could discourage buyers looking for a modern look. Sellers should make an effort to choose decorations that are universally accepted, and easy to switch out.
Do make a good first impression
Buyers will form opinions the moment they see your home, which is why it is important that you maintain a clean curb, and entryway. Some flowers, new sod, and an impressive mailbox can set the stage for what buyers could expect to see in your home.
Do make arrangements to exit during tours
It can be difficult for buyers to envision themselves in your home if you are standing in the corner. This can lead some buyers to feel like an uninvited guest instead of being a future homeowner, which is why you should make arrangements for outside activities during scheduled tours. In addition, remove photos, religious items and political posters to give the potential buyer a blank slate when they see themselves living in your residence.
Don’t take offense to offers
There are many reasons why offers may be lower than expected that can include aspects from the appraisal, or comparable home listings. Keep a cool head to make sure you can work towards a resolution that works for both sides.
Do advocate how your home is different
While listing your property at an appropriate price is very important, home sellers should be able to describe why their home is attractive in the years to come. Whether it is a nearby public school with a stellar reputation, the proximity to important areas or amenities, or how your home is situated in a place where home values are expected to grow, there is always something that can make your home stand out.
As some homes languish in the real estate market for months on end, you can rest assured that J.Christopher Real Estate agents have the expertise to sell your home quickly, and at a fair price. For all of your real estate concerns and needs, speak with an agent at 401-830-6906 and see first-hand why we are ranked among the best realtors in Rhode Island.