If, as many experts are predicting, interests come down this fall, we can expect the real estate market to warm up. According to Forbes magazine, “… the housing market will only see renewed momentum once mortgage rates drop enough to ease affordability challenges and incentivize homeowners locked in at low rates to move so inventory grows substantially to meet demand.”[1]
If you’ve been waiting in the wings for the most advantageous time to sell your home and/or make a move to another one, this rate drop, when it happens, might be your opportunity. You’ll want to be prepared to take quick action. Here are some things you can be doing now to prepare your home for sale so when the timing is right, you are ready for action!
I can confidently say that first impressions matter, and a well-prepared house can fetch you the best possible price. So, let’s dive right in!
- Declutter and Depersonalize
The first step in preparing your home for sale is to declutter and depersonalize it. This means removing any excess furniture, knick-knacks, and personal items. The goal is to create a clean, uncluttered space that allows potential buyers to envision themselves living in the house. Remember, you want them to see their belongings in the space, not yours.
- Repair and Replace
Before putting your home on the market, ensure that all necessary repairs are completed. This could include fixing leaky faucets, patching holes in the walls, and addressing any issues with appliances or electrical systems. Additionally, consider replacing outdated fixtures and hardware, such as cabinet handles or light switches, to give your home a more modern and polished look.
- Clean, Clean, Clean
A clean house is essential when selling. Deep clean your home, paying special attention to the kitchen, bathrooms, and high-traffic areas. Don’t forget to clean windows, curtains, and baseboards, as well as any appliances that will be included in the sale. A spotless home will not only make a great impression but also make it easier for potential buyers to imagine themselves living there.
- Enhance Curb Appeal
First impressions are crucial, so make sure the exterior of your home is just as inviting as the interior. Enhance curb appeal by trimming overgrown bushes, mowing the lawn, and adding some potted plants or flowers. Power-washing the exterior, repairing any damaged siding, and applying a fresh coat of paint to the front door can also go a long way in making your home more attractive to buyers.
- Neutralize Colors
While you may love your bold, colorful walls, potential buyers may not share your taste. To appeal to a broader range of buyers, consider repainting your walls in neutral colors, such as beige, gray, or white. This will create a blank canvas that allows buyers to envision their own style and design preferences in the space.
- Light It Up
Good lighting is essential when selling a home. Ensure that all light fixtures are in working order and replace any outdated or damaged fixtures. Additionally, consider adding additional lighting sources, such as floor lamps or table lamps, to brighten up dark corners and create a warm, inviting atmosphere.
- Stage Your Home
Home staging can make a significant difference in how potential buyers perceive your property. Consider hiring a professional home stager or follow some basic staging tips, such as arranging furniture to create a natural flow, adding decorative accents, and setting the dining table to create a welcoming atmosphere. Remember, the goal is to make your home feel warm, inviting, and ready for its new owners.
- Organize and Optimize Storage Spaces
Buyers are always on the lookout for ample storage space. Organize your closets, cabinets, and other storage areas to showcase their full potential. Remove any unnecessary items and neatly arrange the remaining contents to make the space appear larger and more functional. (Need help with this one? If you’re local to the Gig Harbor, Washington area where I am, I highly recommend Northwest Home Coach.)
- Select Your Real Estate Broker and Be Ready to Go
Obviously, there are a lot of eager agents to choose from! Make sure you select one with home you can have a trusting relationship and good rapport, and in whose negotiating and problem-solving skills you can have the utmost confidence. Preparing your home for sale requires time, effort, persistence, wisdom, and attention to detail. By following these tips and selecting the right agent, you’ll be well on your way to showcasing your property in the best possible light, attracting the right buyer, and locating and purchasing your next new home.
Doug Lawrence is a Managing Broker with Better Properties in Gig Harbor, Washington. He can be reached at 253.341.5287 or by email at douglaslawrence15@gmail.com.
[1] https://www.forbes.com/advisor/mortgages/real-estate/housing-market-predictions/. August 14, 2024










