For Sellers Kevin Baum October 22, 2024
The 2025 housing market may seem distant, but for homeowners considering selling, proactive preparation is essential. Taking a strategic approach now can significantly impact your success in the coming year. As Danielle Hale, Chief Economist at Realtor.com, says:
“ . . . now is the time to start thinking about what you need for your next home and then taking those steps to prepare to list . . . We have survey data that says 47 percent of sellers are taking longer than a month to get their home ready to sell, so getting them to start that process early can mean more flexibility.”
Maximize Your Return: The Benefits of Early Preparation
Embarking on your home sale journey early provides a distinct advantage. It allows for a measured, thoughtful approach, minimizing stress and maximizing your potential return on investment. Key benefits include:
Realtor.com underscores the importance of a measured approach, cautioning:
“There are some important repairs to make before selling a house, so don’t be in too much of a hurry to get your home listed … if you move too fast, buyers see right through the fact that you skipped important home renovations. And this . . . might end up costing you time and money.”
Critical Steps for a Competitive Edge
To ensure your home stands out in the 2025 market, prioritize these key steps:
Here’s a look at the most common improvements other sellers are making today (see graph below):
Expert Insight: Engaging a local real estate professional early in the process is invaluable. Their market expertise can guide your decisions and ensure your efforts are aligned with buyer demand in your area.
The Value of Local Market Expertise
A seasoned real estate agent provides crucial insights and guidance, including:
As Point says:
“Not all renovations are created equal, and focusing on upgrades that offer the highest potential for increasing your home's value is key.”
Position Your Home for Success in 2025
By taking a proactive and strategic approach, you can ensure your home is well-positioned for a successful sale in the 2025 market.
Need advice on what to tackle first? Let’s connect.
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