How to Sell Your Home for More Money: 2024 Edition
When it comes to selling a home, owners understandably want to maximize the value of their sale. While home prices continue to rise, high interest rates have winnowed the field of buyers and made them more discerning. In this challenging environment, how do you sell your home for more money?
Things have certainly gotten harder for sellers. With buyer expectations on the rise, homeowners must be strategic and informed to maximize their home’s value. The key lies in a combination of savvy marketing, smart home improvements, and effective pricing strategies. It’s about showcasing your home’s best features, making impactful updates, and leveraging market data to attract a wide range of potential buyers.
We’ll explore proven tactics to increase your home’s appeal and value, regardless of market conditions. From minor cosmetic fixes to strategic renovations, and from staging techniques to marketing, we’ll guide you through the essential steps to not only sell your home, but to sell it for a premium in today’s market.
Choose the right time to list
Activity in the real estate market fluctuates throughout the year, and listing at the wrong time could cost you time and money. It could take more than the average 43 days (from listing to closing) to sell your house.
So, when is the best time to sell?
Nationally, April is the best time to sell, but that doesn’t mean it’s going to be the best time to sell in your market. Factors like school schedules, vacation buyers, and the weather play a role in buyer demand.
To figure out the best time to list, you’ll have to do more than look at your calendar. First, you need to analyze market trends, which involves a lot of research and deciphering the data you’ve collected.
Using HomeLight’s Best Time to Sell Calculator takes these factors into consideration. Our calculator uses your market’s transaction data to pinpoint the best time to put your home on the market (and potentially get more money).