5 Ways to Increase The Number of Offers on Your Home

While pricing your home right sounds like it would be simple, settling on the right price to list your home for can be a challenging yet very important task. One common mistake that can lower the number of offers people get is pricing your home too high. It is natural to want the top value for your home, so it may be tempting to list your house for the highest price you think you might get, or even higher. However, using this strategy will likely give you the opposite of what you’re looking for. What is likely to happen if your home is listed too high is that you will end up getting fewer offers, and your home could stay on the market longer. Some people may come and see your home but decide that the price is too high for them. Another downside that can come with pricing your home is that some people might not even have the opportunity to see it, as it could very well become over their budget. For more reasons why pricing a home too high can be detrimental, check out this in-depth article. In the end, overpricing your home could make for a very lengthy and frustrating process. If your home is priced in a fair way, you will likely receive more offers, which could even be above your original asking price. You also don’t want to sell your home for too low. You might get offers, but they won’t be offers that give you the correct value on your home. When it comes to pricing, it is important to consult with an experienced real estate agent who knows what the housing market is like in the area where you are selling in order to price your home just right. Many real estate agents have seller services just for home valuation that can really come in handy. Real estate agents who have in-depth knowledge of the current real estate market and what your home is likely to go for can help immensely with the pricing process. Once you find that perfect price and prepare your home for sale, multiple offers may just come in!

Home staging is often considered to be one of the most important parts of preparing a home for sale for so many different reasons. One of these reasons is because it can indirectly or directly get you more offers on your home. When you stage a home, there are many things you can do, with the key being showing off the space in a visually-pleasing way that attracts a lot of people. A good way to start doing this is by depersonalizing your home before you market it. Make sure all personal items and photographs are tucked away because it will help potential buyers to visualize their own life in your home. Another way is to make sure all of the best features of your home stand out, so make sure your home is clean and organized from top to bottom. Anything that will make your home look visually pleasing can really help to attract buyers. This means both the inside of the home and the outside of the home should be appealing and tidy. It is always a good idea to add to the curb appeal of your home, as well as stage the backyard or other outdoor areas that your home may have. In making the inside and outside of your home visually inviting, you are naturally more likely to increase offers on your home—a home that looks stunning to the eye will sell faster than a disorganized home or a home that has been staged improperly. Check out some more tips for staging your home in the best way possible here. Once you’ve staged your home, you are ready to move on to the next stages of securing a high amount of offers on your home!

You could follow so many tips on preparing your home for sale and spend lots of time and effort to make it look beautiful and still not get a large number of offers if marketing is neglected. So, this is another step that you’ll want to focus on to get a higher number of offers to come in on your home. In order for people to place an offer on a home, they have to have been able to see and find it in the first place. This is another area where an experienced real estate agent can be of great help to you as a seller. Experienced real estate agents typically have large networks that they will be able to market your home through, much more than the average person. They can help with putting the word out about your home and everything it has to offer through multiple different mediums. You don’t want to just put up a sign or only post it through one listing website—you want to use multiple resources and be strategic and creative in your home’s marketing plan.

Another way you can increase the number of offers on your home is by making yourself and your home as available as you can to people who want to see your house. This is a lot easier said than done, but doing so can really pay off in the long run. A way you can make yourself more available is through open houses or home viewings. Try to be willing to work with people’s schedules where you can! If they can’t make it within a couple of times when you have been open, then they might just move onto another home other than yours. Don’t be afraid to schedule home showings around the same time, either. If potential buyers are physically seeing other potential buyers who are interested in your home, they may be more likely to act faster and put in an offer. A real estate agent can help you with this process, too. They can help coordinate open houses and tours of your home and be available to potential buyers. This support can go a long way in increasing the number of offers you get on your home.

The home inspection process is something that most home buyers will go through once they have settled on a home they want to purchase. It normally happens after they’ve been through the house and decided it is the one for them. One thing you can do as a seller is to coordinate a pre-listing home inspection yourself. You can do this before you even put your home on the market, and it can also help you as a seller if there is anything that comes back in need of fixing or repairing. You can repair them before you sell the home and avoid later stress with potential buyers. Once this inspection is done, you can advertise that you have this pre-listing report when you list your home. This will make you stand out among other homes on the market and, in turn, can really increase the number of offers that you get. This is because buyers already know that they don’t have to worry about your house failing the inspection, and it takes a lot of the stress away for them. While this means you might have to do a little bit of extra work, the payoff of doing it can be really high.

Are you thinking about putting your home up on the market in Denver? If so, you should get in contact with Allie Yates. She can help you get a high number of offers throughout the entire home selling process to make it as smooth as possible. She specializes in real estate in areas South of Downtown including: Cherry Hills Village, Greenwood Village, and Parker including The Pinery.