There is a buzz throughout the real estate industry when spring rolls around, and despite the restrictions currently in place, we are experiencing the buzz again this year.
CoreLogic has announced that the sales to listing ratio over the last 3 months have risen to 1.4 - meaning that 1.4 homes are selling for every 1 property listed to the market. For the past decade, the ratio has averaged 0.9, evidencing the lack of stock that has continued over the past year.
This has resulted in strong competition between buyers and created high sales prices for vendors over the past few months - making this spring a great time to get your home on the market.
If you’re thinking of selling here are some tips you can use to prepare your home, so you can achieve a stand out sale, and maximise your result.
To prep for a spring sale, you must do a good clean and declutter. Decluttering and cleaning not only adds to the visual appeal of the home but allows potential buyers to see the true size and scale of the property.
Curb appeal is just as important as the interiors. Give your garden a once over, mow the lawn, sweep the pathways, prune hedges and consider planting fresh seasonal flowers.
It’s also a good idea to tackle any minor repairs or touch up any paint throughout the home. Small changes have the potential to improve the overall look and feel of an entire room, new tapware in bathrooms or kitchens is a good example of a small change that can make a big impact.
Call us on 4228 0888 for more advice on preparing your home for sale, to maximise your result.