Apple Valley Lake is among the best private lake communities in Central Ohio.
Apple Valley Lake, OH offers its residents an idyllic landscape, a serene neighborhood, and an active lifestyle. Thanks to this, it has become one of the most sought-after locations in Ohio, appealing to families raising their kids or senior citizens looking for a retirement house.
If you’re selling an Apple Valley Lake, OH home, you can maximize your profit by understanding the local market to determine their needs and preferences. This will also help you find the appropriate sale price and the time to sell your property.
Scheduling an inspection will also help you discover if your property needs any repairs before listing it for sale. You should also find out more about contract contingencies, as these are critical in determining the best offer.
To ensure that you get the most from the sale of your home, work with a local real estate expert to make the right real estate decisions.
What Should I Do to My House Before I Sell It?
Before reading the valuable tips in this article, what to do before selling your home is make it as presentable as possible. You don’t have to spend a fortune making your home seem inviting. Start by decluttering, dusting, cleaning doors and windows, repainting the trim and door frames, and straightening your shelves and cabinets.
Our 9 Best Tips to Sell Your Apple Valley Lake Home
Here’s a list of the things you need to do to sell your home:
- Understand the local market.
Entering the real estate market is more complicated than you think. You need to understand the local market trends that affect buyer interest, home price appreciation, and competition.
Researching the local market can be challenging. To get started, you can try looking for similarly-priced listings online. If these homes are selling out faster than usual, it can indicate strong market demand.
Local real estate market knowledge will help sellers make wise decisions about the asking price, negotiations, and what to expect from the home buying process.
- Find the right timing.
Aside from location, timing is everything in real estate! Generally, homes listed in early spring sold faster and at higher prices.
You should also consider how long to wait for a buyer to offer your target price. You need to consider your circumstances and the condition of the housing market. For example, if you’re downsizing as soon as possible, that will impact your timeline for selling your home.
- Figure out the right price.
There is a lot to consider when you’re setting a price for a home sale. You obviously would like to profit while also enticing prospective buyers to make an offer.
The best way to find a reasonable price for your home sale is to do a comparative market analysis (CMA). This report will show how many similar properties have been sold in the area.
Get in touch with a real estate agent. Most will perform a CMA for free. On top of that, a real estate agent can help you choose a price that isn’t based on emotions and attachments to the home.
- Negotiate the best offers once the house is listed.
It’s always best to have multiple bidders on your property. Letting buyers know about the competition can lead to higher offers during a bidding war.
However, the highest offer isn’t always the best offer. Consider the contingencies included in your contract concerning home inspections, financing, appraisal, and the sale of the buyer’s home.
Try to negotiate, limiting the contingencies, as you might be left empty-handed when a buyer backs out of the deal.
- Schedule an inspection before you list.
Most buyers request an inspection, but presenting the necessary information upfront will encourage buyers to submit their best offers. If the home is in good condition, it will also reduce the likelihood of the sale falling through.
When you don’t perform an inspection on your house, the buyer might ask for more contingencies or renegotiate a lower price for repairs and remodeling.
- Take care of essential repairs.
This tip goes hand-in-hand with tip #5.
When you order a home inspection, you’ll find out about the parts of your home that need repairs. Making necessary repairs in advance will reduce the buyer’s chances of offering a lower price.
Homebuyers will also be required to complete an appraisal, a type of home assessment that informs the buyer’s lender about the home’s value. If the buyer is applying for a government-backed mortgage (USDA, FHA, VA), there’s a higher chance that you’ll need to make more repairs to help the home comply with health and safety standards.
- Consider curb appeal.
According to experts, making affordable cosmetic improvements to your exterior can significantly impact buyer interest.
Improving curb appeal doesn’t require drastic changes. It means trimming your shrubbery, removing the weeds in your yard, adding a few potted plants, repainting your front door, or adding a new light fixture.
- Be practical about upgrades and remodeling.
Predicting your clients’ exact preferences and styles can be tricky, so it’s best to make minor yet practical upgrades that increase the home’s value. These are renovations that the next homeowner will be looking for in their new home. Make upgrades that improve the house’s functionality, safety, and structure.
Avoid expensive kitchen or bathroom remodels as well as highly-personalized design choices. An experienced local real estate agent can advise you on what to spend on based on market trends.
- Find a local real estate agent.
Selling a home for a good price in the fastest time possible is only possible if you have the guidance of an experienced and local real estate agent. A professional can guide you to decisions based on the market conditions and buyer trends while considering your individual needs and goals.
While working with an agent will cost you 5-6% of the sale price, selling your home without one can lead to huge financial losses.
Working with a real estate agent like me, Sherrie Toth of Realty Times will help you with every part of the home selling process in Apple Valley Lake, Ohio. This includes understanding legal arrangements, timing your sale, setting the right price, making practical updates, and marketing your property.
Realty Times specializes in both permanent and second homes in Apple Valley Lake. We also list and sell waterfront, waterview, and golf course community homes.
Why work with us? We have been the #1 real estate agency in Apple Valley Lake since 2017 and in lakefront sales since 2006.
Conclusion: How Can I Increase My Chances of Selling My House?
Selling a home for a good price requires solid real estate market research. This will help you determine the best price for the sale and when you should put your house on the market.
It’s also critical that you hire an inspector to figure out what type of repairs and upgrades to make on the home. Minor yet practical repairs will encourage buyers to pay more, but expensive remodels might not lead to significant returns.
It’s also important to negotiate the best offers, considering buyer contingencies and conditions.
Each of these tips can be more complicated than expected, especially since you need to juggle all of them at the same time!
To ensure that you make the right decisions about the home sale process, get in touch with us, Sherrie and Joe Toth of REMAX Consultant Group, at 740-390-0735.