Despite the real estate market undergoing some changes, with home prices continuing to rise and inventory remaining low, it remains a favorable market for sellers. The US Census Bureau and US Department of Housing and Urban Development have reported that there is only a limited supply of housing in the market, with only about eight months of supply available. Although the number of home sales may have slightly decreased, homes in the market are still only spending an average of 50 days on the market, according to the St. Louis Federal Reserve.
For home sellers in Toledo, Ohio, it’s crucial to make their property stand out in a crowded market. With buyers having the ability to easily compare hundreds of listings, it’s more important than ever to ensure that your home is marketed effectively. Here are five tips to help you sell your Toledo home for the highest profit in the shortest amount of time:
Prepping
To get the best value for your Toledo home in the current market, you need to prepare it properly for the sales process. This may involve hiring a professional stager, removing unnecessary items and furnishings, and giving it a fresh coat of paint. Upgrades such as new flooring and cabinetry can help improve the appearance of an outdated interior. The team at Greater Buyers can assist you with understanding the preparation work that’s needed and the impact it will have on the final sale price. If you prefer to avoid the preparation process, consider a direct sale to one of our local professional buyers.
Repairs
One of the key considerations when selling your Toledo home in the current market is making repairs. While some potential buyers may be willing to take on the repairs themselves, others may expect you to pay for the repairs or offer a discount on the sale price. If you’re not in a position to complete the repairs, an alternative solution is to sell the property as-is to professional buyers such as Greater Buyers. This option can save you the time, money, and hassle of making repairs and still provide you with a quick and convenient sale.
Marketing
Selling your Toledo house in today’s market often involves investing in professional photography and virtual tour technology to showcase the property in its best light. However, if you want to avoid spending money on marketing and get a quick sale, you can opt to sell directly to professional buyers like Greater Buyers. These buyers are experienced and can offer you a fair price for your property without requiring any marketing expenses.
Showings
When it comes to selling your home, one of the most important parts of the process is showing it to potential buyers. The appearance and accessibility of your home can make or break the sale, so it’s essential to ensure it’s ready to showcase. This involves having a system in place for household members to vacate the property during visits, and removing any signs of pets living inside. These requirements can be challenging and time-consuming to meet, especially for those with busy schedules or multiple pets. To avoid these challenges and keep your home’s interior off the internet, consider working with experienced professional buyers like Greater Buyers.
Price
To achieve a successful and speedy sale for your Toledo property in the current market, it’s essential to price it correctly from the beginning. Deviating from the appropriate listing price, either too high or too low, can result in longer days on the market and a decrease in perceived value to buyers. Homes that are overpriced are often ignored by potential buyers, while undervalued homes raise suspicions about their condition. However, it can be challenging for sellers to detach emotionally and determine the current market value of their homes. That’s why the help of professional buyers like those at Greater Buyers can prove invaluable, as they provide a clear understanding of the realistic selling price for your property in the Toledo real estate market.
The experts at Greater Buyers will give you all the information you need to make an informed decision, whether you choose to list your Toledo home or sell it directly to them. With a direct sale, you’ll receive a fair offer and a guaranteed closing date within a matter of days. Additionally, Greater Buyers will work with you to schedule the closing at a time that is most convenient for you, since we are investors, not occupants. Don’t hesitate to reach out to Greater Buyers by calling or texting (877) 853-3400.