3 Must-Do’s When Selling Your House in 2024

<article class="post-915438 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-915438"><span class="entry-date">January 22, 2024</span><div class="entry-header center-block text-center"><h1 class="entry-title">3 Must-Do’s When Selling Your House in 2024</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=3+Must-Do%E2%80%99s+When+Selling+Your+House+in+2024&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2F3-must-dos-when-selling-your-house-in-2024%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="3 Must-Do’s When Selling Your House in 2024 Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/20240122-3-Must-Do-s-When-Selling-Your-House-in-2024.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
<p><span style="color: rgb(49, 57, 64);">If one of the goals on your list is </span><a href="https://www.simplifyingthemarket.com/2024/01/17/2-reasons-why-todays-mortgage-rate-trend-is-good-for-sellers/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">selling your house</a><span style="color: rgb(49, 57, 64);"> and </span><a href="https://www.simplifyingthemarket.com/2024/01/16/why-you-may-want-to-seriously-consider-a-newly-built-home/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">making a move</a><span style="color: rgb(49, 57, 64);"> this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home.</span></p>
<p><span style="color: rgb(49, 57, 64);">A great way to balance those emotions and make sure you’re confident in your decision is to keep these three best practices in mind when you’re </span><a href="https://www.simplifyingthemarket.com/2024/01/09/ways-your-home-equity-can-help-you-reach-your-goals/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">ready to sell</a><span style="color: rgb(49, 57, 64);">.</span></p>
<h4><strong style="color: rgb(49, 57, 64);">1. Price Your Home Right </strong></h4>
<p><span style="color: rgb(49, 57, 64);">The </span><a href="https://www.simplifyingthemarket.com/2023/12/19/expert-quotes-on-the-2024-housing-market-forecast/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">housing market</a><span style="color: rgb(49, 57, 64);"> shifted in 2023 as </span><a href="https://www.simplifyingthemarket.com/2023/12/20/why-mortgage-rates-could-continue-to-decline/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">mortgage rates</a><span style="color: rgb(49, 57, 64);"> rose and </span><a href="https://www.simplifyingthemarket.com/2024/01/12/home-prices-forecast-to-climb-over-the-next-5-years-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">home price appreciation</a><span style="color: rgb(49, 57, 64);"> started to </span><a href="https://www.simplifyingthemarket.com/2023/10/20/home-price-growth-is-returning-to-normal-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">normalize</a><span style="color: rgb(49, 57, 64);"> once again. As a seller, you still need to recognize how important it is to price your house appropriately based on where the market is today. </span>Hannah Jones, Economic Research Analyst for <em>Realtor.com</em>, <a href="https://www.realtor.com/news/trends/home-seller-alert-weve-found-the-very-best-week-to-list-your-home-in-2023/" rel="noopener noreferrer" target="_blank">explains</a>:</p>
<blockquote><p><em>“Sellers need to become familiar with their local market and work closely with a local agent to make sure their listing is attractive to buyers. Buyers feeling the pressure of affordability are likely to be pickier, so </em><strong><em>a well-priced, well-maintained home is the ticket to drumming up big demand</em></strong><em>.”</em></p></blockquote>
<p>If you price your house too high, you run the risk of deterring <a href="https://www.simplifyingthemarket.com/2023/12/18/why-now-is-still-a-great-time-to-sell-your-house/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">buyers</a>. And if you go too low, you’re leaving money on the table. An experienced <a href="https://www.simplifyingthemarket.com/2023/12/21/sell-smarter-why-working-with-a-real-estate-agent-may-beat-going-solo/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">real estate agent</a> can help determine what your ideal asking price should be, so your house moves quickly and for top dollar.</p>
<h4><strong style="color: rgb(49, 57, 64);">2. Keep Your Emotions in Check</strong></h4>
<p><span style="color: rgb(49, 57, 64);">Today, homeowners are staying in their houses </span><a href="https://www.simplifyingthemarket.com/2023/12/27/retiring-soon-why-moving-might-be-the-perfect-next-step/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">longer</a><span style="color: rgb(49, 57, 64);"> than they used to. According to the </span><a href="https://www.nar.realtor/research-and-statistics/research-reports/highlights-from-the-profile-of-home-buyers-and-sellers" rel="noopener noreferrer" target="_blank"><em>National Association of Realtors</em></a><span style="color: rgb(49, 57, 64);"> (NAR), since 1985, the average time a homeowner has owned their home has increased from 6 to 10 years </span><em style="color: rgb(49, 57, 64);">(see graph below):</em></p>
<p><em style="color: rgb(49, 57, 64);"> </em><a href="https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20240118/20240122-Todays-homeowners-are-staying-in-their-houses-for-an-average-of-10-years.png" rel="noopener noreferrer" target="_blank"><img decoding="async" src="https://files.keepingcurrentmatters.com/KeepingCurrentMatters/content/images/20240118/20240122-Todays-homeowners-are-staying-in-their-houses-for-an-average-of-10-years.png"/></a></p>
<p></p>
<p><span style="color: rgb(49, 57, 64);">This is much more than what used to be the norm. The side effect, however, is when you stay in one place for so long, you may get even </span><em style="color: rgb(49, 57, 64);">more </em><span style="color: rgb(49, 57, 64);">emotionally attached to your space. If it’s the first home you bought or the house where your loved ones grew up, it very likely means something extra special to you. Every room has memories, and it’s hard to detach from the sentimental value.</span></p>
<p><span style="color: rgb(49, 57, 64);">For some homeowners, that makes it even tougher to separate the emotional value of the house from fair market price. That’s why you need a real estate professional to help you with the negotiations and the best pricing strategy along the way. Trust the professionals who have your best interests in mind.</span></p>
<h4><strong style="color: rgb(49, 57, 64);">3. Stage Your Home Properly </strong></h4>
<p><span style="color: rgb(49, 57, 64);">While you may love your decor and how you’ve customized your house over the years, not all buyers will feel the same way about your vibe. That’s why it’s so important to make sure you focus on your home’s first impression, so it appeals to as many buyers as possible. </span></p>
<p><em style="color: rgb(49, 57, 64);"> </em><span style="color: rgb(49, 57, 64);">Buyers want to be able to picture themselves in the home. They need to see themselves inside with their furniture and keepsakes – not your pictures and decorations. As Jessica Lautz, Deputy Chief Economist and Vice President of Research at NAR, </span><a href="https://www.nar.realtor/newsroom/nearly-half-of-sellers-agents-said-staging-a-home-reduced-its-time-on-market-nar-report-finds" rel="noopener noreferrer" target="_blank">says</a><span style="color: rgb(49, 57, 64);">:</span></p>
<blockquote><p><em style="color: rgb(49, 57, 64);">“Buyers want to easily envision themselves within a new home and home staging is a way to showcase the property in its best light.”</em></p></blockquote>
<p>A real estate professional can help you with expertise on getting your house <a href="https://www.simplifyingthemarket.com/2023/12/22/get-your-house-ready-to-sell-this-winter-infographic/?a=712984-fa409495d5d70154d03a25e81e9540e2" rel="noopener noreferrer" target="_blank">ready to sell</a>.</p>
<h3>Bottom Line</h3>
<p><span style="color: rgb(49, 57, 64);">If you’re considering selling your house, reach out to a local real estate professional to help you navigate the process while prioritizing these must-do’s.</span></p>
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