If you're selling your Sandpoint Idaho Home, you must read this first.
Don't think you can slap a "for sale" sign in the front window and be closed by the end of the week. Those days are long gone. People are not lining up to buy at this time. Sellers are scrambling to get buyers through the door and struggle to find that price point that will get them a profit yet get the home sold quickly as well.
So how do people do it? Homes are still selling and people are still buying. The key is to know who's buying, what they are buying and how much they are paying for it.
How do you do that?
Well, for starters, don't tackle selling your home alone. Several years ago the prospect of selling your own home was an easy choice since all you had to do was breathe that it was up for sale and the place was off the market the next day. But now, buyers are a little harder to come by and the inventory on the market is overloaded. You first must decide if you are serious about selling. If you just want to test the waters and don't really have to sell, this may not be the best move for you. Waiting until you need to sell may offer you a better return on your investment. Not needing to sell also overloads the market making those homes that need to sell that much more difficult.
Selling in Sandpoint
Selling in Schweitzer
Selling in Bonners Ferry
Enlist the help of a professional listing agent that knows not only the market but the neighborhood you're in. This can make a world of difference in setting the right price. You may want to let Aunt June list your property to help her out but if she lives an hour or more away, she may not know the current market in your community and you may end up loosing more money than you needed to. Get a local Sandpoint real estate agent to help you stage and price for your area and market.
Staging Sells; If you set your home up to sell, it will sell. Pricing it too high, not cleaning it and not staging it will only let it sit on the market way too long. Take a look at your competition and build on that. If no one in the neighborhood is staging their home, you are more likely to get a jump on that competition. Check out some open houses in your community, visit model homes and see how they are staged and watch DIY staging shows for tips and ideas. Here are just some of the key points to keep in mind when staging:
- Keep colors warm but neutral - not necessarily all white, but beige or coffee color with white trim often looks warms and inviting.
- Remove personal photos and memorabilia - remember you are staging as if this were a resort, not your personal home anymore. The better you stage, the quicker you can set up home in a new place.
- Take care of landscaping - make sure grass is mowed, edges are trimmed, shrubs are orderly and color is bright and fresh.
- Keep odors at bay - no one wants to come out coughing from perfume but we also don't want to smell odors from pets, cigarettes, mold or food. Keep a light, fresh scent throughout and often times, just keeping the home clean will achieve this.
Don't waste your marketing dollars and time on not getting set up right from the beginning. Let our staff offer you a free consultation on staging and marketing strategy before you decide. We determine price based on condition, amenities, size, local market and competition. We would love to show you how easy and quickly we can sell your Sandpoint Idaho home.
Your Sandpoint Idaho Real Estate Professionals
We at Coldwell Banker Resort Realty want to offer our expertise for your next purchase or sale of any home, property or land in the Sandpoint Idaho area. We have agents that specialize in Schweitzer ID real estate, homes in Bonners Ferry and other areas of Boundary and Bonner County. Let us do all the heavy lifting for you with dedicated customer service, prompt responses and unmatched experience. We would love to hear from you. Contact us anytime with your Sandpoint real estate needs.