Similar to buying - considerations in relation to what kind of market are we in - sellers market (low inventory and higher bidding prices) or buyers market (lots of inventory and not enough buyers). Interest rates do play a role in the economics of housing and commercial properties as well leasing - high interest rates impact the cost of capital or mortgages - commercial or residential. Understanding the market through our help or the help of a REALTOR® is critical in your ability to maximize selling prices and time on the market - listing period.
Other consideration are the condition of your property - is your property in excellent condition or in need of repair? This will also impact selling price. Is the property cluttered or uncluttered? Removing personal items (pictures of family etc.) and staging the property so the potential buyers can see and envision themselves in your property is crucial - walls that are painted bold colors will make it more challenging. Neutral walls and uncluttered countertops help immensely. Seek our help and guidance or perhaps hire a staging company to assist.
Staging is important...
Don't forget about landscape and curb appeal - the first thing potential buyers see when they drive up - beautiful well manicured landscape or landscape in need of maintenance or repair.
Smell - smell is also important - insure your business, residence, or property smells good - clean and inviting. We have baked cookies or lit candles to appeal to a potential buyers senses. The more you can do to prepare your home or commercial property to be appealing - the better price you are likely to command with potential buyers.
Preparation is key! Let us help you review and stage your property for a successful listing and sale!