Only 49.8% of LGBTQ+ people own homes according to UCLA’s Williams Institute…and 29 U.S. states do not have laws that protect the LGBTQ+ community from discrimination. So, as a
3 Tips for Selling Your Home in 2022
Dated: April 21 2022
Did you know that 2021 was a record-breaking year for the U.S real estate market? While 2022 might bring a more stable market, the seller’s market could persist for the rest of the year. However, that doesn’t mean that sellers shouldn’t prepare their homes for sale - in fact, you should be proactive in ensuring that you sell your home faster and for more.
Here are three tips to help you navigate the selling process in 2022:
Invest in Repairs and Upgrades
It’s crucial to make small upgrades to increase your home’s value and sell for more. However, with the shift to remote work (aftermath of COVID-19), some home features have become paramount for homeowners such as a home office. Moreover, a new kitchen, recessed lighting, and a quartz countertop have become top home trends among buyers. So, keep the buyers’ preferences in mind before making the repairs and upgrades.
Keep Tabs on the Competition and Recent Sales
You may have the glossiest home listing in the market and still face challenges selling if you don’t set the right asking price. To get an idea of your home’s value in the current market, follow up your estimate with a comparative market analysis. A CMA compares your home to recently sold homes in your area to help you set the correct price.
Partner With a Real Estate Expert
Did you know that FSBO homes sold at an average of $260,000 in 2021 which is significantly lower than the average of agent-assisted homes at $318,000? So, even if your agent charges the 6% commission, but you sell your home for 22% less, you’re essentially giving up 16% in profits with an FSBO sale. A real estate agent will typically fetch higher prices by developing a beautiful listing, advising on necessary repairs, and negotiating the best price.
Follow These Tips for Selling Your Home in 2022!
While 2022 is a seller’s market, you still need to be proactive to attract qualified homebuyers and real estate investors to get a good price. For more information on how to sell your home in 2022, feel free to reach out to our real estate experts - we’d love to help you sell your home faster and for the maximum price possible!
Are you looking for a Realtor who is listening to your needs? Klaus Sinn has been a leader in the real estate industry for more than 20 years. He is a fulltime Realtor, Team Leader and Mentor, and an ....
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