5 Things to Know About the Spring Market
As our own Cynthia Froid is fond of saying, real estate isn’t only about location, location, location- it’s also about timing, timing, timing. The Spring market is on its way! But the Spring Market can be easily confused- read on to read 5 things you should know.
the spring market starts in February
The unofficial kick off to the spring market downtown starts in February! This is much earlier than most people realize, but Buyers are typically ready to jump into the market right around the Super Bowl. If you are waiting until May, please know that many Buyers will have already made their purchases by that time. Get the ball rolling now by strategizing with us on presentation, upcoming competition, pricing and pre-market buzz!
Get your financial house in order
A buyer will need to know about any HOA dues, property taxes, and pending or potential assessments in the pipeline. If you are not sure about the financial health of your building, now is the time to find out! We can assist you in contacting your property manager for the most current information.
Spring Market = More competition
The good news: there are more Buyers typically looking in the spring. The bad news: there are more Sellers in the spring. This means more competition for you and more inventory from which a Buyer can choose. Your home needs to be the shiny star if you want to stand out above your competition. Proper presentation, price, and pre-market buzz are keys to a successful launch and quick offers.
Declutter and clean up
Now is the time to do some spring cleaning! Buyers like to see plenty of space in homes. Not sure where to start? We recommend thinning out closets, taking down trinkets, and choosing neutral colors for bedding, pillows, and walls. A fresh coat of paint and little things like new hardware on kitchen cabinets, or a statement light fixture over the dining table can really transform a space. Don’t forget replacing light bulbs everywhere, and a deep cleaning throughout (including appliances)!
Don't neglect the outdoor spaces
Outdoor space downtown is a luxury! A clean and beautiful terrace or patio is a great selling point for condos and townhomes, and can easily be an extension of your living space. An easy way to highlight the outdoor spaces is to plant some beautiful flowers and arrange the patio furniture for dining al fresco or lounging. Don’t forget to clean up your railings and wash your windows.
Now what?
Where is your next stop?
Are you buying another home? We can help you with that purchase or refer you to an expert in your new city, anywhere in the country!
Are you deciding to rent? We can set you up with our leasing specialist to view your leasing options.
We offer all these services to ensure a seamless transition to your next home.
Are you ready to sell in the spring market? If so, contact us today to create a strategic marketing plan and get your home ready for the market! Contact us to learn more.