Minneapolis is in a seller’s market, but there are three things you need to remember if you truly want to sell for the most money and in the shortest time.
First, trust that you’ll find a property that meets your and your family’s needs after you sell your current home. A lot of people are concerned that they won’t have anywhere to go if they put their home on the market and it sells. If there’s no inventory, what will you buy? The good news is that in our 15 years of being in the real estate business, we’ve never once left a seller living in a refrigerator box without anywhere to go after their home is sold.
If you work with our team, we’ll pound the pavement and find an off-market property that suits your family’s needs that you can potentially move into once your current home sells. Minnesota is a seasonal market, so it’s common to see low inventory right now, but by the time you do list your home, we should see inventory rise. This means that not only will we be able to find you an off-market property, but we’ll also be able to find homes for sale for you to buy.
"We understand the market and know how to get you to where you really want to be."
Second, the condition of your home still matters. Everyone thinks that because there is no inventory, buyers will just buy automatically. It’s important to understand, though, that buyers still like pretty. That’s why, again, if you work with us, we’ll consult with you on what your home needs to look like to entice the most buyers in the shortest time so you sell for the most money. We have stagers, professional photographers, handymen, painters, etc., who will help make your home look its best. Investing the necessary time and money will make your home look like a million bucks.
Lastly, your agent needs to know how to price your home correctly. There are a lot of multiple-offer situations happening, which means homes are selling for over asking price. The critical thing to understand is how these properties got to those proces. In this market, a lot of inexperienced agents are listing homes at the exact prices they sold at instead of listing them at prices which would’ve caused the necessary activity to boost the final sale price. Your agent needs to understand how other properties sold above their asking prices. We understand the market and know how to get you to where you really want to be. Overpricing your property is the worst thing you can do right now.
If you'd like to know more about how we can maximize your home sale or what your property is worth in this crazy market, give us a shout. We’d love to help you.
