Selling your home is a big financial and emotional task, which requires lots of planning. So before you decide to put your New Jersey home on the market, here are four questions to consider.
What is my home worth?
Several factors go into determining your home’s market value. These include the condition of the property, square footage, location, amenities, as well as recent comparable property sales. For a snapshot of your home’s current value, you can enter your address into a free online value estimator tool. We have one here. For a more customized price opinion based upon the specific features and condition of your home, we would be happy to stop by and then do a market analysis for you.
How can I sell at the highest price possible?
There are several simple, low-cost things you can do to boost the value of your home. These include eliminating clutter, washing windows and walls, and installing higher wattage bulbs to create a brighter environment. Larger projects, like adding bedrooms and renovating kitchens and bathrooms, typically yield more substantial increases in sales price in Maplewood, South Orange and other similar areas. Staging your home, which helps paint a picture for how buyers will use their new space, can also add value. While staging is admittedly an investment, staged homes sell faster and for more money providing a great return on your investment.
How long will my home be on the market?
The time your home spends on the market depends on several factors, including location, how competitively your home is priced, and how aggressively your home is marketed. Statistics show that if a home is properly priced, an offer should come in within the first 12 showings. If you want to speed up the sales process, don’t underestimate the value of staging. Research shows that well-staged homes can sell up to 32 percent faster than homes that aren’t staged.
How can an agent help?
A real estate agent can help with all aspects of the selling process, from pricing to marketing to handling the intricacies of a contract negotiation to making sure your deal gets to closing. An agent will negotiate on your behalf to secure the best price – and quickest sale – possible. Looking for an agent who can help guide you through the selling process in New Jersey? Feel free to contact us!