The Olympia area may be experiencing the same changing market as the rest of the country, but it still offers ample opportunity for those looking to sell their home. Selling a home is one of the biggest decisions you will ever make. It is a process that requires strategic planning, preparation, and lots of patience. Whether you're looking to move quickly or just want to get top dollar for your home, there are steps you can take to ensure a smooth and successful sale.
Here are some tips on how to sell your home quickly:
Price it right
Everyone knows that prices have been affected over the last year, and the Olympia housing market is no different. It can be hard to set the price of your home in a fluctuating market. You need to find the sweet spot between setting a price that's too high and too low. While the average home price in Thurston County has dipped slightly, buyers shouldn’t panic. Work with your agent, research similar properties in your area, and consider the current market conditions and you will be able to land on an ideal asking price for your house.
Make Minor Improvements
As the housing market in Olympia changes, sellers may be expected to do some additional work to maximize their home sales.
“A year ago, sellers could just put a sign out on their lawn and their house would be gone that day,” agent Stacey Gravatt says. “Now people are actually expecting more from the seller.”
Just because sellers are being asked to make more changes to their homes to sell, that doesn’t mean you have to break the bank to do so. Spending a few hundred or even a thousand dollars on making small improvements can pay off significantly when selling your home quickly.
“Upgrading landscape, cleaning things up a bit, making sure the paint in their home is touched up,” Stacey says. “These are just a few easy fixes that can go a long way.”
Painting walls, refinishing floors, decluttering rooms, and adding details like ornate fixtures or modern appliances can give any space a fresh look and help it stand out among the competition.
Get the Word Out
While listing on popular sites such as Zillow and Realtor.com can be enough exposure for most homes, the shifting market has made a marketing plan essential to selling your home. Using social media, hosting open houses, and working with your agent to spread the word about your property can also help attract more buyers faster.
Greene Realty has an in-house marketing department that helps our agents craft the perfect plan for your property. Video content, printed flyers, social media posts, and home tours are just a few of the things the brokerage has to offer potential sellers who are looking to dive into the market.
Staging a home is a great way to add appeal to potential buyers by creating an atmosphere that looks inviting, warm, and ready for occupancy without being cluttered or overwhelming with personal belongings.
“We always want to put our best foot forward,” agent Carlee Hjelm says. “We are trying to sell your house, and we want to get a good price for it, so we’re going to get a good price for it, so we’re going to have to do a little legwork for it.”
In her recent podcast, Carlee talked about paying attention to staging areas of your home that can maximize your sale. Updating your kitchen, working on your curb appeal with your front lawn, and removing clutter from key areas can be hugely helpful when presenting your home to prospective buyers.
Negotiate Offers Carefully
If you receive multiple offers on your property at once don't be afraid to negotiate up or downwards depending on what works best for you at the time of the transaction. A professional real estate agent can be invaluable in these negotiations too!
With the housing market shifting, it is important to try everything you can when selling your home, and trying to figure out what to do can be intimidating. By following these tips, you'll be able to enhance the presentation of your home and get top dollar value out of it.