As a rule, most homebuyers searching for a property in Meadow Vista have selected the area for its two incredible selling points: serenity and amenities. When you’re selling a home in Meadow Vista, consider these stages of the process that will help you to achieve a competitive price point and speedy sale:
Preparing your house to sell
Determine your home's value
The first step is to get a general ballpark idea of your home’s worth in today’s market. Try to erase any preconceived notions based on the price that you originally paid for your home. The market is different now, and it continues to change from year to year. Look at home listings of similar size and condition, and objectively consider how your own home compares.
Team up with a leading real estate agent
Your real estate agent should be invested in the sale of your property and dedicated to making the process as smooth as possible. When you interview your agent, be sure to inquire about previous sales experiences with homes like yours. Inquire about marketing and sales strategies to determine the agent’s level of service and professionalism.
Upgrades to improve your home’s value
When selling a home in Meadow Vista, remember that buyers often search for upscale luxury and conveniences. If you haven’t updated your home in a few years, it’s essential to take the time to make necessary repairs and improvements. Consider the exterior and interior of your home, and prepare the total package as though you’re wrapping up a gift for presentation to your prospective buyers. Give the walls a fresh coat of paint to create a more inviting space. Add new flowers and a lighted walking path to the front lawn to increase your curb appeal. Swap out door handles and fixtures for sleek, shiny new ones. All of these ideas are easy ways to improve your home’s allure.
Get the timing right
Meadow Vista is gorgeous year-round, but the warmer months certainly open up the area in a way that invites buyers to breathe easy and stay awhile. The winter holiday period is often slower in sales, so try to aim for listing your home in the spring or early summer when the sunlight is streaming down and the landscaping is in full bloom.
Staging your home and taking photos
A staged home looks market-ready, which is especially important in the era of internet browsing. Staging will help a home command a higher price and a quicker sale, guiding buyers to visualize themselves in the space. Photos should reveal a comfortable, clean, updated interior, with personal possessions not detracting from the spaciousness of the home.
Selling your home
Listing on the MLS
The MLS (multiple listing service) is a system that allows agents to share real property information in a cooperative, integrated system. When your home is listed on the local MLS, it will automatically be shared with public-facing sites to allow buyers the opportunity to browse independently. A listing on the MLS means that a particular real estate professional or organization is attached to the home, and the home is ready to hit the market.
Open houses and virtual tours
An open house allows for an increase in browsing volume to expedite and encourage property competition. Virtual tours are another strategy to showcase the home in greater detail. Virtual tours are especially helpful for buyers deciding if they’ll make room in their busy schedule to view a property.
Cash vs. traditional offers
Either way, you’ll get your due funds when your home sells, but a cash buyer will have the funds transferred quickly and smoothly without the need to apply for a mortgage. A cash buyer might make a lower offer for your home, but the sales process will typically run more quickly.
With a traditional buyer who will be financing their purchase, an appraisal is a key step of the process wherein the lender sends out a professional to evaluate your property’s fair market value. If the appraisal comes in lower than your offer, you might encounter a renegotiation for the final price.
To establish the seriousness of intent in their offer, your buyer will put earnest money into an account with a neutral third party. The escrow agent will safely hold that earnest “deposit” along with the loan funds and your property deed until all conditions of escrow have been met, at which point you’ll receive payment on your property.
When considering the price point of your home, know that closing costs will be a part of the sum equation. For a seller, closing costs will run from 5 to 10% of your home’s final sale price. It’s important to be aware of these costs ahead of time so that there are no surprises at the closing table.
Tips for selling faster and for higher offers
Your home should be appealing and competitive in the local marketplace. A well-staged and appropriately priced home will see its fair share of buyers with attractive offers. Ensure that your home is fully updated, repaired, and appropriately staged. Check with your Meadow Vista real estate agent about the details of maximizing the potential of your particular property. Especially when buyers are seeking a luxury experience, staging can help you to command a higher price point.
When selling a home in Meadow Vista, it’s essential to pick the best agent to guide you through the process. Reach out to Brenda Brown Luxury Homes and Associates for our unparalleled level of service in navigating today’s market. From Roseville and Rocklin to Folsom Lake and Meadow Vista real estate, we have the skills and experience to get results. Get started today.
*Header photo courtesy of Brenda Williams