Selling a house requires strategy in any market. The end goal is a high return with minimal time on the market, and you should prepare if you want the best results. Working with a real estate agent is a necessity and will ensure the smoothest process. Consider the following aspects before listing your home.

What to Consider Before Selling a House

1. Market Climate

The real estate market is continually fluctuating. Sometimes, it’s ideal to sell; others, it’s better to wait if you can. Assess the current and upcoming market. If it’s booming, you’ll likely sell your home quickly and for a profit. If it’s bust, you may have to settle for a lower deal or let it sit on the market for a while. Check anticipated forecasts. If a boom is approaching, you may want to go ahead and list it.

2. Home Value

If you overvalue your home, it may sit on the market for too long, while undervaluing it leads to lost returns. Remember that your opinion doesn’t dictate the value; the market does. Look at local listings similar to your home and use these as a baseline. A real estate agent is your best resource for accurately pricing a property since they’re familiar with the market.

3. Reasonable Renovations

Before selling a house, you should decide if renovations will yield a higher return. Painting walls, replacing the flooring, adding landscaping, or redoing a kitchen may all generate a higher return. Schedule a home inspection to see what areas of your property are lacking. By sprucing up and making improvements, you will attract a larger and more willing buyer pool.

If you’re selling a house in the Waterloo, IL, area, turn to real estate agent JoAnn Meier of RE/MAX First Choice. JoAnn has expert knowledge of the local market and has served clients since 1984. She’ll ensure you have all the resources you need to sell and will help you find houses for sale that match your budget. Call (618) 939-6003 to schedule a consultation and visit her website to explore listings. You can connect on Facebook for news and updates.