6 Spring Market Blunders to Avoid

Posted by Gurpreet Ghatehora on Wednesday, May 4th, 2016 at 12:29pm.

In case you haven’t noticed by the current weather, spring has officially sprung in the Edmonton region. And while the leaves are beginning to grow back, and gardens are starting to poke out of the ground, the real estate market also begins to heat up again. But when it comes to selling your home in the spring, there are certain things you should avoid. Here are the major blunders springtime home sellers can make, and why they can end up costing you a sale or lowering the price of your home.

1. Not Seeing What’s Available

Springtime is traditionally when many homes are sold, but it’s also usually when many homes go on the market for the first time in the year. Especially in places like Edmonton, where convincing house hunters to go out in the cold winter weather is especially difficult, people often just wait until spring. That means your home will have more competition, and competition that has only recently gone on the market. Be sure to research what is happening in the markets. This will help you price your home more competitively, and see what makes your home unique in the busy market.

2. Being Absent for Open Houses

While many people incorrectly believe that open houses are useless, many more think the best way to deal with them is to stay as far away as possible. If you have done your research on the current market, however, you can be a great asset for selling your home. Good hosts of open houses are open, available, and ready to prove why their home is the best one available. Besides, only you can tell potential buyers about all the small and important details that may be left unnoticed if you’re absent.

3. Not Taking Home Staging Seriously

Spring cleaning is an absolutely essential part of getting your home ready for the market, but that’s only part of the process. Staging your home is another great way to set it apart from the competition. Presenting a clean and well-organized home is the best first impression you can make. So clean up the clutter, dust off absolutely everything, and make sure your home looks like somewhere a person would want to call home.

4. Setting the Bar too High

While you should have talking points about why your home is amazing, don’t lose sight of the fact that you’re not the only one selling a home. Take the competition seriously and be prepared to negotiate. This includes taking offers seriously, including the lowball offers, since many people make small offers just to see if you’ll bite. Negotiating is as much a part of selling a home as listing it, so make sure you come to the negotiating table prepared, and willing to discuss getting a deal that works for everyone.

Selling your home in the spring comes with certain challenges. But if you do your research and stay engaged in the sale from start to finish, you could sell your home for a great price and in a short amount of time

Leave a Comment