Tips for the Spring Market!

You know what today is? THE FIRST DAY OF SPRING! The flowers are blooming, the sun is shining, and the Real Estate Market is about to be BOOMING!! The Spring market is historically the hottest real estate market across the country. So here are a few tips for people who are thinking of selling their home or buying a new home during this crazy spring time market.

For Sellers:

First impressions are key! So before you put your home on the market make sure your home is in tip top shape. Take time to finish painting the guest bedroom, replace that beat up carpet, de-clutter the garage, finish landscaping your yard, make your home look as good as possible. Don’t rush putting your house up for sale if you don’t feel like it is ready. Curb appeal is an obvious must-have to get top dollar in the spring.

Pricing your home in the spring is also insanely important. You don’t want to overprice and have your home sit on the market for long, missing out on the best buyers. Sellers are usually scared of under pricing their home, but in a strong real estate market, this can be a good play by getting a lot of bidders. Always ask your real estate professional about pricing and make sure to check the local listings in your area. Knowing your local real estate market during the spring is so important. Every neighborhood and community is different. The best way of knowing your local real estate market is hiring a real estate professional because they know the ins and outs of your local market.

If you are thinking about listing your home this Spring, remember that the competition is the highest and strongest at this time. This means it’s critical for you to ready yourself and your home so you can beat the competition!

For Buyers:

The biggest piece of advice to give buyers during the Spring real estate market is to prepare yourself. This means to be pre-approved for a loan, know your price range, have a down payment ready, have as few contingencies as possible, and be flexible with the settlement date. You should also educate yourself on what is happening in the local real estate market. How fast are homes selling? Are they going for over asking price? A real estate professional can help you with all of your questions and help educate you on what is going on in the market.

Being pre-approved is probably the most important thing when buying a home. Most real estate agents won’t even show you any home

s, especially in the Spring, if you aren’t pre-approved for a loan because it just slows down the process. Being pre-approved ahead of time is also helpful because you know what you can afford. You don’t want to fall in love with a $400,000 home when all you can afford is a $300,000 home. Finding a dependable lender you can trust is key. If you don’t know of a good lender, your real estate professional can give you some referrals to get your loan process started.

All in all, Springtime is a GREAT time for sellers and buyers if they are ready and prepared. It is a real estate professionals job to make sure listing/buying a home is as easy as possible for you! So please feel free to contact us if you have ANY questions about this Spring Real Estate Market. We would love to help you with your real estate needs. Happy Spring!!