Knowledge is the Key to Selling Your Home

If you’ve been thinking about a move, there’s some important information that will help you increase your chances of selling for the most amount of money in the shortest amount of time. Although every buyer wants their ‘dream home’, most individuals are willing to compromise on certain items in order to obtain others. Knowledge is the key to getting a buyer to choose your house over the competition.

 

Understanding How Modern Buyers Think

It’s no secret that home buyers have unique needs and look at homes in different ways. However, with a bit of analysis you can get an overall idea of the best ways to tweak your approach. Data from the National Association of REALTORS® suggests that younger or first time home buyers are far more willing to compromise on their ‘dream home’ than experienced buyers who have been around the block.

Play Up Your Home’s Strengths

Whether you have a stainless steel kitchen, large walk-in closets, or solar panels to keep utility costs down your home has something unique that will stand out against the competition. It’s important to make sure those strengths are highlighted and displayed in the best possible way. Be sure to talk to a real estate agent about what those strengths are, and the best ways to showcase them to potential buyers.

Commute Time, Public Transportation, & Walk Scores

Studies show that although no one wants a long commute, 44% of recent home buyers state that they would give up close proximity to public transportation and a shorter commute to get the home they want. Be sure you know where the closest Metra and CTA stations are as well as the walk score of your area. It’s not just the home you are selling, but the community too.

Shops, Restaurants and Entertainment

Many homeowners believe that they will face challenges during the sale if they aren’t close to restaurants, shopping or other forms of entertainment. However, survey data suggests that this isn’t true. More than 33 percent of recent homebuyers indicated that they were willing to forego having quick access to dining or entertainment in order to secure their new home.

These tips are just a few of the important factors to consider when selling your home. Each home is unique with its own challenges. Be sure you get an expert on your side to make sure you get the most money for your home in the shortest amount of time. Call Helen today at 847.967.0022 or [email protected].