Preparing to list in the Lake Chelan Real Estate Market ~ Jennifer Roberts

Today’s real estate market in Lake Chelan is full of exceptional opportunities for sellers. The large buyer demand combined with record-low housing inventory has created an optimal sellers’ market. This means that it can be a great time to move forward if you are thinking about selling your house. However, one misconception is that sellers are guaranteed success no matter what. I am here to remind you, that this is not always the case. I can help set you up for the best possible success with some key points so you can avoid costly mistakes and win big when you make the move.

Price Your Property Right

It is a common misconception to think buyers will pay whatever we ask. This can be hard to imagine when inventory is low, like it is in the Lake Chelan real estate market, and we see homes sell well over listing price time and time again. However, even in a sellers’ market, it is of the utmost importance to list your house for the right price. Why? Because it will maximize the number of buyers that see your house. Listing above market value means that true target buyers may not ever see your property because it is listed out of their price range. Listing in the market value creates the best environment for bidding wars, which in turn is more likely to increase the final sale price. A real estate professional is the best person to help you set the best price for your house so you can achieve your financial goals.

Keep Emotions in Check

Today, homeowners are living in their homes longer than they have in the past. Looking at the chart below you can see that the average time a homeowner owned their home has doubled from 5 years in 1985 to 10 years now.

Todays Homeowners are staying in their homes for an average of 10 years

It only makes sense that as time in a home increases the emotional attachment to the home also grows. If it is the first home you purchased or it is the house where your children grew up, it is possible that it is extra special to you. Every room has memories. It is difficult to separate rational decision-making from that sentimental value and can take time to process.

Windermere is here to help reduce the emotional stress of selling

Real Estate in Lake Chelan

For some homeowners, that connection makes it harder to differentiate the emotional value of the house from the fair market price. It is important to have a non-bias real estate professional to help you along with setting the listing price and through the negotiations. Contact me to help.

Stage Properly

When we walk into our friends’ homes, we are often greeted by their children’s trophies, newest toys, and probably a pile of mail on the counter they did not quite get to before we arrived. For the most part, we are all quite proud of our home décor and the things we have done to customize our homes to be fitting for our lifestyles. However, not all buyers feel the same about your design and personal touches as you do. It is in your best interest to present your home in a way that a buyer can imagine themselves living there. That is why it is so important to make sure you stage your home with the potential buyer in mind.

Buyers want to envision themselves in the space so it truly feels like it could be their own. They need to see themselves inside with their furniture and keepsakes – not your pictures and decorations. Stage, clean, and declutter so they can visualize their own dreams as they walk through each room. I can help you to get your home ready, stage it, and sell for top dollar. Home Staging Tips

Prepping to list on Whidbey, Preparing to List in the Whidbey Island Real Estate Market Right Now

At the End of the Day

Today’s sellers’ market might be your best chance to make your move. If you are considering selling your home, let’s connect today so you have the expert guidance you need to navigate through the process and prioritize these key elements. Contact me today!