The decision of the Federal Reserve Bank to not raise interest rates -- possibly for the rest of 2019 -- is a good one for the real estate market as a whole. Not only does it mean that buyers will likely pay less for a home, but it increases consumer confidence as the uptick in the stock market the day of the announcement demonstrated.
Spring 2019: A Great Time to Sell Your Home
All these elements make spring 2019 an ideal time to sell your home. Some experts might even characterize it as a seller's market. This means that you'll have plenty of competition when it comes to capturing the attention of the right buyer. Increase your chances of doing so by implementing the tips below:
Make the Right First Impression
Selling your home can be an exhausting process. From keeping up the interior to being ready to accommodate showings that meet potential buyers' schedules, it can be difficult to keep everything inside looking inviting.
Be sure to keep up your home's curb appeal, though. It's the first impression that a home buyer will have of your home and can make or break the deal before they ever set foot inside the house. Keep the yard mowed and trimmed, prune shrubs and trees and add some colorful flowing pots if your flowers haven't bloomed yet.
Showcase the Spectacular
If your home has a spectacular feature, make sure you make it a focal point. For example, a kitchen that's a chef's delight should be spotless and full of bright light. Freshly-baked goodies won't hurt either. A new deck could feature a table set for a relaxing weekend breakfast with cozy chairs that encourage lingering conversations. If your home has professional landscaping -- or you have a particularly well-developed green thumb -- accentuate the look with new outdoor lighting.
Clear Out the Interior
Almost everyone collects things that give their home personality and make it feel welcoming. Instead passing on those same feelings to people who come to an open house or a showing, though, they simply make a home look cluttered and less spacious.
The key is to go through your home and purge those items that aren't used often or that make a room look too small. Don't turn to your closets or garage as a place to store them though. You'll want potential home buyers to see how much storage space your home has -- not how much stuff you managed to cram into them. If necessary, opt for short-term storage off-site.
Clean -- Everywhere
Of course, you'll make sure that everything is clean. It's important to even go so far as to replace worn carpet or put new grout in between tiles, if necessary. Don't forget places like the ceiling fan, your washer and dryer and air vents when you're cleaning. You want potential home buyers to see a spotless home.
Following these tips can mean that a home buyer who has to choose between your home and another will sway toward yours. What are your favorite ideas to help set your home apart from others on the market?
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