Do you need to sell your home soon and want to do it in as little time as possible? Selling a West Lake Hills, Texas, luxury home is often a complicated and extensive endeavor with many things to consider. The following guide can help ease the process, whether you’re selling a home for the first time or you are an experienced seller. Read on for expert home-selling tips that can ensure a successful real estate transaction.
Get a home inspection
Whether you have lived in your home for five or twenty years, you might think that you know everything there is to know about it — including its underlying condition. To a certain extent, you would be correct. However, it can help to get your home inspected before listing it for sale. A trained home inspector can spot problems you might not be able to see. For example, cracks in the foundation, excessive moisture, or potential electrical issues are all problems that only an experienced home inspector can find. It is important to note that a home inspector will not officially diagnose any issues. You’ll need to hire a specialist, such as a plumber or an electrician, to diagnose and repair them. Ultimately, getting your home inspected means you are off to a good start in preparing your West Lake Hills, Texas, home for sale.
Set the right price
Your home’s price can influence whether a buyer decides to click on your listing or not. If you set the price too high, it could create a situation in which buyers might decide to look at other homes instead. Setting the price too low means you risk selling for less than the home’s value. To ensure that neither one of these situations occur, set a price based on your home’s fair market value.
Many sellers can determine their home value by getting it appraised. A home appraiser will consider the size, style, age, number of bedrooms, and condition to determine the fair market value. An experienced real estate agent will then compile a Comparative Market Analysis (CMA) in which your home is placed against other similar luxury homes. Your real estate agent will then recommend a price that is fair and competitive so that it garners several offers.
Prep your home for staging
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One of the easiest ways to sell your home quickly is by staging. This allows buyers to better visualize their future lives in your home. If buyers walk through a home and see shelves and walls lined with photographs and personal decor, they might be put off by it. They might even have a more difficult time imagining their lives in the home. You must clean, declutter, and depersonalize your home to appeal to as many buyers as possible.
Consider hiring a professional stager who can guide you on strategically rearranging furniture and using decor items to help buyers fall in love with the space. A professionally staged home has been shown to spend 73% less time on the market and sell for 25% above the asking price.
Hire a professional photographer
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Once your home is ready for showings, it is time to take pictures. Hire a professional photographer with experience capturing West Lake Hills, Texas, homes for sale. Using strategic camera angles, they can photograph your home in the best possible light. Further, they will strategically use natural light to highlight your home’s best features. With professional photographs, you could sell your home 32% faster.
List your home on the MLS
Your real estate agent will list your home on the exclusive Multiple Listing Service (MLS). The MLS will syndicate your listing to various public listing sites to reach as many buyers as possible.
Create high-quality marketing materials
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For your luxury home in West Lake Hills to reach the maximum number of interested buyers, proper marketing is a must. There are many ways that you can advertise your home. Your real estate agent likely has an extensive network of connections, so work with them to create a direct mailer or email campaign to reach those buyers.
To reach more people on a larger scale, consider creating a single-property website. A single-property website can highlight your home’s best features with high-resolution images and videos. Consider creating and uploading a virtual home tour to the website. Other forms of marketing include social media posts and printed flyers. Work with your West Lake Hills real estate agent to determine which marketing tactics best fit your home and target buyers.
Consider open houses
Open houses are a great way to reach people in the West Lake Hills area. Be sure to schedule the open house on the weekend when many people are available. Rather than hosting an open house for the entire day, consider scheduling one within a tighter timeframe of about four hours. The advantage of this is that more people will attend at the same time, which can show them how popular your home is. This could even entice someone to make an offer immediately.
Make a list of non-negotiables
When you receive multiple offers, it can be hard to know which one to accept. While you could choose the buyer with the highest offer, that might not always be the best decision for your situation. To make the best choice here, make a list of attributes you want in your ideal buyer and the things you are not willing to compromise on. Ultimately, having a list of non-negotiables can streamline the process.
Are you planning to sell your luxury home in West Lake Hills? Schedule a consultation with Dustin Weiss — realtor from The Weiss Group – who can provide expert guidance on everything from innovative marketing strategies to creative negotiation tactics. With exceptional white-glove service, Dustin and his team of experts can sell your home quickly and for top dollar.
*Header photo courtesy of The Weiss Group
