Tips for Selling a Home in a Seller's Market

by Ari Koufos 03/20/2023

It's easier to sell your home in a seller's market, but that doesn't mean the home will sell itself. Selling your home requires strategy and planning, and in a seller's market there are specific things you can do to get the best offers. Here are some tips for selling in a seller's market:

Clean & Stage

A hot seller's market doesn't mean you don't have to clean and stage your home for buyers. It's still important to make a good impression on anybody who tours the home or even passes by while outside. Spend some time improving your curb appeal by tidying up landscaping, adding container plants or power-washing your front porch. Inside the home, make sure everything is clean and de-personalized. This will help buyers imagine themselves living happily in your home.

Lower the Price (Just a Bit)

If you list your home just below market value, you'll see offers quickly. Don't undercut the price to the point of creating a loss, however. Decrease the purchase amount by just enough to provide room for negotiation and to encourage larger offers from motivated buyers. Even dropping the price by a few thousand dollars can make a dramatic difference in the attention your listing will get. For additional advice, work with your real estate agent to find the best price.

Trust Your Agent

No matter how easy it might seem to sell your home yourself, working with a real estate agent will benefit you in the long-term. Not only will you get better offers from qualified buyers, you'll also have somebody to represent you in negotiations and other parts of the transaction. Selling your home is a full-time job--let the agent do the work. Of course, you will want to be communicative and present during the process, but placing trust in your agent will result in a more successful sale.

Are you ready to list your home for sale in a seller's market? Keep these tips in mind to better navigate the market and get the best price for your home.

About the Author
Author

Ari Koufos

I have been selling Real Estate in the Greater Boston Area since 1997. I am the Co-Founder & Current Broker/Owner of Realty Executives in Watertown. A lifelong resident of Watertown which I still reside with my Wife Debra and my Twins Emily & Christopher.  I am a  supporter of many local & national charities. One of my most rewarding fundraisers was as a rider in the PanMass Challenge in 2010,2011,2015 & 2016 raising over $50,000 over those 4 years for the Dana Farber Jimmy Fund. I am a 1988 Graduate of Bentley University in Waltham. I have extensive knowledge of all types of Real Estate participating in over 1000 transactions. I also have New Construction experience & specialize in condo conversions.  

Purchasing a home is one of the single most important investments in a person's life. With my expertise and guidance in the home buying and selling process, I can help find the most appropriate home for you. You can be assured that an experienced Real Estate Professional is working with your interests in mind. Please contact me on my cell at 617-799-8948 for a free consult if you are thinking of Buying or Selling your home.