Category Archives: why you should sell your home now

5 Reasons to Sell Your Home Now

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reasons to sell your homeEveryone says spring is the time to list, and there’s good reason for that rationale: buyers typically prefer to search for a new home during our warmer Wisconsin spring, making it THE time to list your home. That’s never been truer than in 2015, and, as an added bonus, there are also four other reasons to list your home and get it out on the Wisconsin real estate market:

  1. Mortgage rates are low. Low mortgage rates mean a lower monthly payment for buyers, and another reason to buy now. The other part about low mortgage rates is the boomerang effect; mortgage rates tend to rise after hitting a low, making now the time to buy another property after you sell your home—and to list your home on the real estate market.
  2. Renters are looking to buy. Low mortgage rates and rising rent across the United States has led to a unique real estate market ripe for renters. Renters now have the opportunity to purchase a home for the same monthly payment, and are doing so in droves—giving you more potential buyers for your home.
  3. There are buyers looking for your home. Right now, there are more buyers than sellers in the Wisconsin real estate market. This makes an ideal seller’s market for any home owner looking to list their home; buyers are ready to jump into the real estate market and purchase your home. We’ve even seen home owners list and sell their home within 30 days.
  4. Better chance to get a higher sale price. Buyers are ready and willing to purchase, making this the ideal time to prepare your home for sale and list your home. Because of the abundance of buyers in the real estate market, this also gives sellers the opportunity to sell for a higher sale price due to a low inventory.

When you decide to list your home, call a realtor. A realtor can recommend a fair sale price and go through essential details you need to know when you list your home. They can also give you tips on preparing your home for sale, such as:

  1. Paint, and paint neutrals. Paint over bold colors with neutral colors such as a light grey or tan. A new coat of paint can go a long way to making a home feel new and clean when you list your home.
  2. Deep clean, or replace, that nasty flooring. A professional carpet cleaning or hard floor cleaner can often give new life to that old flooring, but if you can’t get the stains out, shop around. Carpet remnants are an inexpensive way to make hallways, offices and small rooms look new without breaking the budget. Or upgrade your flooring by installing new laminate or hardwood floors which often adds value to your home.
  3. Do all the repairs you’ve been putting off. Holes in your walls or ceiling do not give buyers a favorable impression. Now is the time to patch the drywall, repair water leaks and replace faulty electrical fixtures and leaky water faucets.
  4. Maximize curb appeal. Contact contractors to get those broken sidewalks repaired, wood trim painted and the driveway sealed in the summer now before anyone else. Keep sidewalks clear and clean, and power wash your home to make it look its best. Make sure that all bulbs are replaced in your outdoor light fixtures.
  5. De-clutter. You don’t have to throw everything away, but you may have to put some of your items in storage. Make sure that potential buyers get a clear picture of the space in your home. Too much furniture or décor in a room can backfire and make your home look smaller.

A realtor can also recommend local companies that can help you clean and make repairs so you can list your home in excellent condition. A good experienced realtor, like the realtors at Platinum Realty, has listed quite a few homes in southeastern Wisconsin and is an excellent resource when you decide to list your home. They can also help you take advantage of the seller’s market we have right now, and reach your goal of a successful home sale.