In the latter half of 2023, experts predict buyers will continue to have the upper hand. Home prices in Waco, Texas, have dropped by double digits. On top of that, interest rates are likely to continue climbing before finally leveling out. Homeowners will likely have to accept a significantly reduced home price at the year’s end.
Here are 5 tips for selling a home quickly in Waco in 2023, as the local real estate market is cooling off.
Hire a Real Estate Agent
If you want to sell your home by putting it on the market instead of selling it to an iBuyer, you need to find the perfect real estate agent.
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As you do interviews with possible agents, pay special attention to how much experience they have. A good real estate agent is familiar with the local market and is easy to get in touch with. Many of the seemingly little steps associated with getting a home ready to sell are, in fact, best learned through actual practice.
Note: If you want to sell your home without any of the hassle, here are 5 of the Top We Buy Houses for Cash Companies in Waco.
Figure Out the Best Asking Price
Moving out of a home becomes more challenging the longer you stay there. You’ve probably made some great memories there, and you’ve probably also repaired or renovated various parts of the house. All of these aspects should be considered when setting a price, but they cannot be the main factors at play.
Pay attention to the advice your agent gives you on the asking price. They’ve studied the market conditions and competition, so they know what to expect. Keep in mind that they are acting in your best interest.
Depersonalize, Deep-Clean, and Declutter
The golden rule of selling your home in Waco, Texas, is to make the home as appealing to potential buyers as possible. Your bright green dining room and wall-to-wall movie collection differ from what potential buyers want to see in your home. Imagining themselves there is important to them.
You’ll need to step back and eliminate the clutter around the house to accomplish this. If you’d rather keep things than give them away, at least put some stuff in storage so that when buyers come through, they won’t be distracted by your incredible X-Men action figure collection. As you’re decluttering and depersonalizing, you should take the time to deep-clean everything as you go.
Spring for Professional Photography
Although your smartphone camera is capable of taking beautiful pictures, you should hire a professional photographer if you plan on using them to sell your home. A professional photographer will know how to make the most of your home. They’ll know just what directions to go in to maximize the amount of natural light. It’s important to have a professional photographer as part of your sales team.
Compare and Review Offers
If you advertise your Waco home well, you should get offers. The next thing to do is check out the competing bids. The highest offer usually wins when selling a home. However, before accepting an offer, you should also consider the following:
- Is the buyer paying cash for your home?
- Is the buyer in the process of applying for a mortgage?
- Are they pre-qualified or pre-approved?
- Is the buyer ready to forgo some contingencies such as a property appraisal?
- Are buyers trying to negotiate closing costs?
Consider these questions when comparing offers. Real estate agents usually handle these kinds of discussions on your behalf.
It’s understandable that you want to sell your home as soon as possible. But the stress and worry of meeting a strict deadline might be unbearable. Despite this, try not to allow the pressure get to you. Don’t lose hope; if you put your trust in your real estate agent, you’ll see the “SOLD” sign up much sooner than you expected.
Jessi is the creative mind behind The Coffee Mom, a popular blog that combines parenting advice, travel tips, and a love for all things Disney. As a trusted Disney influencer and passionate storyteller, Jessi’s authentic insights and relatable content resonate with readers worldwide.