Have you been thinking about selling your house? There are a few things you need to know before you list your Maryland house for sale.
Market Conditions
If the Maryland housing market is still under pressure, it can be hard to sell your house, especially if you list it in a seller’s market house. However, market conditions can change at any time, and if you choose to list your home now, the future could look a lot better. If you’re unsure of the market conditions, here are a few things you need to know according to RedFin:
- The median sale price is $242,5000, which is 18.3% higher than last year.
- The number of days a house stays on the market is nine days, over 60% lower than 2020.
- The average home sales for 2% above the listing price, and over-average homes can sell for 7% over the listing price.
Pricing Your House
Sometimes, you get lucky, and the market moves in the direction you want, and your house is listed. But, sometimes, the market isn’t in your favor, and your home has to sit longer than it should. You don’t want to price your house too high when you’re selling your house, as you’re not always right. You also don’t want to price it too low, which will have the opposite effect and turn away potential buyers. What you should do is set two prices: the very lowest price you’ll take and a realist price that’s also higher than you might expect. Then you can take these two numbers to a listing agent who will help you set a fair price based on real estate research.
Preparing Your House for Sale
Before you list your house for sale, there are several things you need to do to prepare the home for sale, such as:
- Check for Code Violations – It’s essential to make sure that the house is in a safe and habitable condition before you list it for sale. Have a professional come in and do a thorough inspection. Then make sure that any safety issues are resolved. Test your smoke alarms and carbon monoxide detectors and replace them with new ones if you find they don’t work.
- Create Curb Appeal – Remove all shrubbery, trees, and plants from the lawn. Mow the grass and ensure all yards are free of debris.
- Declutter and Stage – Take all your valuable and personal belongings out of the home. Stage the house with furniture and decorations for future showing.
Sell Your House for Cash with Maryland Sell Now
Selling your house can be a long, drawn-out process, but not with Maryland Sell Now. We buy houses as-is, in any condition, and with cash. We’ll cover closing costs and other fees, so all you have to worry about is where you’re heading next! So if you’re looking for an easy way to sell your home at a fair price, contact us today to get your all-cash offer!
We buy homes in Parkville, Maryland, and surrounding areas like Woodcroft, Towson, and Overlea.