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Get Ready to Sell Your Home in a Buyer's Market

by Anadalys De Armas 01/14/2019

A buyer's market can challenge even the most diligent home seller. Fortunately, we're here to help you stir up plenty of interest in your house, regardless of the current housing market's conditions.

Now, let's take a look at three tips to help you get ready to sell your residence in a buyer's market.

1. Assess the Housing Market

You know a buyer's market favors homebuyers over home sellers, but you still have no idea how this market operates. Fortunately, if you allocate time and resources to learn about the local real estate sector, you'll be better equipped than ever before to maximize the value of your home.

Take a look at the prices of recently sold houses in your city or town. That way, you can see how long these homes are generally available before they sell. You also can examine the sold prices of these houses to better understand how you should price your residence.

Furthermore, you should assess the prices of available houses in your city or town that are similar to your own. This housing market data can help you establish a competitive price for your residence from day one.

2. Perform a Home Inspection

A home inspection commonly is performed after a seller accepts a buyer's offer on a house. However, if you perform an inspection before you add your residence to a buyer's market, you can take a proactive approach to address various home problems.

During a home inspection, a property expert will examine your residence and detail his or her findings. You then can use the home inspection results to prioritize home improvement projects and upgrade your residence. As a result, you can enhance your house and find ways to differentiate it from the competition.

3. Consult with a Real Estate Agent

Selling a home in a buyer's market is exceedingly difficult, especially for those who choose to work alone. Thankfully, real estate agents are available to guide you along the home selling journey and ensure you can achieve the optimal results.

By hiring a real estate agent, you can receive extensive assistance at each stage of the home selling journey, even in a buyer's market. First, a real estate agent will learn about you and your home, as well as your home selling goals. This housing market professional then will offer recommendations to help you enhance your home and ensure it stands out to potential buyers. Next, a real estate agent will list your residence and host open house events and home showings. And if a buyer submits an offer on your house, a real estate agent will help you review this proposal and make an informed decision.

When it comes to selling a home in a buyer's market, there is no need to worry. Take advantage of the aforementioned tips, and you can separate your residence from the competition and boost the likelihood of a profitable home sale.

About the Author

Author
Anadalys De Armas

Originally from Cuba, Anadalys De Armas has been a resident of Miami-Dade County for over 20 years. Raising a family in Miami has given her insight into the many amenities and lifestyles each neighborhood offers. Her ability to make good judgments and quick decisions as well as her extensive knowledge of Miami-Dade areas provides buyers and sellers with the facts they need in order to make informed and accurate decisions. She also lived in several other countries like Russia and Sweden, where she acquired international experiences and perspectives. She is fluent in English and Spanish, and understands quite a bit of the Russian language.

Anadalys became a Real Estate Agent in 2004. Her real estate specialties include sales in both the Commercial and Residential fields, along with Commercial Leasing. She truly enjoys the opportunity to help people realize their real estate dreams. To this end, she provides complete loyalty to each individual; from home buyers and sellers, to project developers and investors, the ultimate goal remains the same: complete satisfaction and a lasting relationship.

Her hobbies include running, yoga, horse riding, charity, travelling, jet skiing and scuba diving. Her love of reading keeps her up with current events, the latest in technology, and market trends. The result in personal growth is a benefit to her, as well as to her customers. She is very active in the local community, participating in many events. She supports multiple charities, including the One Child Matters, the Children’s Miracle Network, and others. Supporting charity “gives me self-confidence and spiritual strength, and also helps me remember what really matters in life,” she says.