The real estate landscape has seen dramatic changes over the past year. As we transition into the fall of 2023, many markets grapple with high interest rates and limited inventory, presenting unique challenges for potential sellers.
If you’re considering listing your home soon, these top three tips will be indispensable.
Ensure Your AVM (Automated Valuation Model) Is Accurate
It might seem like a minor detail, but making sure that your home’s automated valuation model or AVM is accurate is of paramount importance. Platforms like Zillow and Realtor.com have become go-to sources for potential buyers.
An incorrect AVM could result in buyers or investment companies presenting offers that are far below what your property is truly worth. One of the leading causes for such inaccurate evaluations is incorrect square footage or lot size data.
Many homeowners are unaware that they have the ability to “claim” their property on real estate platforms like Zillow. By doing so, you gain the capability to edit and update certain details of your home’s listing, ensuring that potential buyers get the most accurate information.
Quick Tip: You can usually find the accurate square footage of your home on an old appraisal. If you don’t have access to one, HomeJab provides a service that can scan your home in about 10 minutes and give you the precise square footage based on the appraisal guidelines set by Fannie Mae.
And for a genuine home value assessment, don’t rely on AVMs. Instead, get a real human to check your property’s value. They will use recent comparable sales and verify all the information about your home.
Prioritize Online Media Quality
The quality of online visuals associated with your property can make or break a sale. With advancements in technology, HDR photos taken with a full-frame DSLR camera and wide-angle lens, professionally edited, have become the standard.
But stunning photos are just the beginning. Post-pandemic, the expectation of virtual experiences has risen. Prospective buyers now look for video walkthroughs, 3D tours, and drone videos to fully understand a property’s potential.
Enhancements like virtual staging and 3D virtual renovations can further accentuate your property’s appeal. If you need to find a professional real estate photographer you can trust, HomeJab can help.
Collaborate with Top-notch Talent
The real estate industry, unfortunately, has its share of unscrupulous characters. To get the best deal for your property, ensure that you’re partnering with the cream of the crop when it comes to agents. Quality agents have the expertise, connections, and strategies to help you navigate the complex selling process seamlessly.
Looking for the best? HomeJab has done the legwork for you. With a comprehensive database and genuine reviews, finding the best-performing agents near you has never been easier.
Selling a home in 2023 requires a blend of leveraging technology and human expertise. By ensuring an accurate valuation, presenting your property in the best virtual light, and collaborating with top real estate talent, you’re positioning yourself for a successful and lucrative home selling experience.