The market for homes for sale in Inlet Beach is competitive, as the area is highly sought-after thanks to its stunning sandy shores, tranquil atmosphere, and gorgeous scenery. If you are interested in selling a home in Inlet Beach, perhaps you have more questions about how to increase your chances of receiving multiple lucrative offers. Read on to learn about the entire process of preparing, marketing, and staging your home for success.
Preparing Your House to Sell
Determine Your Home's Value
Your agent will run a comparative market analysis, a report that evaluates how much similar properties in your area have sold for in recent months. You can use this information to determine what your home’s appraised value might be. It’s important to list close to this number because buyers may struggle to get funding from their lender if the home doesn’t appraise during the closing process. This will also help you price your Inlet Beach home at a competitive price point that is more likely to garner attention from potential buyers.
Interviewing Real Estate Agents
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While FSBO (For Sale By Owner) listings are becoming more popular, it’s still highly recommended to partner with a professional real estate agent when selling your home on the Inlet Beach real estate market. Your agent will offer valuable insight that will help you better market and stage your home. They will also represent you during negotiations with the buyer so that you’re able to walk away with the best possible deal for your home.
Upgrades to Improve Your Home’s Value
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If you don’t plan to put your home on the market immediately, you may want to take some time to perform a few minor upgrades that will boost your home’s value and help your property stand out on the market. Lately, minor kitchen and bathroom renovations have offered the most significant potential return. Buyers are also looking for homes with improved energy efficiency and upgraded outdoor living areas.
Another wise approach is to spend time looking at other homes in your price range online to get a feel for what other sellers have to offer. You’ll want to make sure that your home doesn’t stand at a competitive disadvantage if it can’t provide the same features and amenities as other homes at similar price points.
Good and Bad Times to Sell
Homes often sell for higher prices during the late spring and early summer. Buyers are more interested in shopping for homes in April, May, and June for a number of reasons, including time off from school and work. The market stays hot through August before cooling down in September. By the time October and November come around, many sellers must experiment with price drops and creative marketing strategies to generate significant interest in their listing. Try to avoid selling during these months if possible.
Staging Your Home and Taking Photos
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Many buyers will hire a professional home stager to help them prepare their homes for in-person showings and professional pictures. A home stager will organize furniture and select decor to create compelling, neutral spaces that invite buyers to take a closer look and make offers. You want to set up a cozy, functional home that buyers feel a connection to.
Selling Your Home
Listing on the MLS
The MLS is an online platform that connects sellers with prospective buyers. Only licensed real estate agents can access the MLS, so you won’t be able to list your home on this website unless you’re working with a professional real estate agent. The benefit of posting your home on the MLS is that you can connect with more seriously interested buyers who are already working with an agent on their home search. Listing a home on the MLS requires a small fee, but most sellers find that using the MLS is a worthwhile investment.
Open Houses and Virtual Tours
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You don’t have to host an open house when you sell your home, but many sellers will choose to schedule a time when any interested party can come and walk through the home. If you choose to hold an open house, your agent will coordinate and host it. They will professionally represent you and answer any questions from your prospective buyers.
Closing Costs
Sellers are responsible for a share of the closing costs, which are often higher than what buyers are expected to pay. The seller’s closing costs can sometimes total as much as six to ten percent of the total cost of the home. The good news is that this isn’t an expense you have to pay for out of pocket. Your closing costs will come from the proceeds of your home sale.
How Can I Sell My Inlet Beach Home Faster?
Make sure you prioritize your marketing and staging efforts. A strong marketing plan will attract more prospective buyers to attend your open house or schedule a time to see your home in person. Your agent will be highly knowledgeable of the features buyers want to see and can provide guidance on marketing efforts that get results. Effective home staging will draw buyers in and cause them to build an emotional connection with your home that leads to a fast and lucrative offer. Take each of these tasks seriously, as your effort will pay off at the closing table.
Get Started on Your Selling Journey
Once you’re ready to begin the process of selling a home in Inlet Beach, reach out to Allison Richards of The Richards Group. This expert team would love to partner with you in your home sale, and they will work hard to ensure you get the best possible offers for your home. They have spent years helping other sellers earn top dollar for their properties. You could be next in line!