Even though people move no matter the weather, Spring is still the most popular and busiest season in Maine real estate. Regardless of the weather, people are always on the move, but planning to sell in Spring 2024 requires a strategic approach.
A well-thought-out go-to-market strategy not only leads to higher sales prices but also ensures a less stressful experience for you and your family. The aim is to make this period a positive chapter, avoiding unnecessary stress. In this guide by Home with Tom Landry, we'll outline how you can begin preparing your property during the winter months, setting the stage for a successful sale in the coming Spring.
Preparing to Sell Your Home in 2024
Keep reading to learn how you can start preparing to sell your Maine home this winter to be ready for the spring market.
Set the Date
Before diving into preparations, create a clear timeline as soon as possible. Get your family on board and ensure that the listing date doesn't clash with significant events such as vacations, weddings, or graduations.
Consult With Your Agent
Make sure your agent is involved early to help map out all the necessary steps and hit the market at the optimal time. Only start major projects like painting, carpeting, or landscaping after a thorough walk-through with your agent, as they will help you decide what repairs and upgrades will give you a better return. You may be surprised that bigger isn’t always better!
Take a Look at Your Financial Picture
Before selling your home in Spring 2024, take a good look at your finances. Get the details of your mortgage payout to know how much you owe. This helps you figure out potential sales proceeds or if you might consider a short sale where the sales price won't cover the full mortgage. Don't forget to clear any liens on the property for a smoother selling process.
Make a Plan for Repairs
Establish a comfortable budget and don’t exceed it—this will be easy if you plan accordingly. If you need to hire professionals, get appointments on the schedule ahead of time to avoid last-minute or rushed projects.
Consider Hiring a Professional
Investing in professional services pays dividends! Statistics indicate that homes with professional pictures and staging sell at higher prices. Prioritize professional photos and consider consulting with a home staging expert to present your property in the best possible light.
Selling in Spring 2024? Here’s What You Can Do in the Meantime
Keep it Clean
Start by decluttering, depersonalizing, deep cleaning, donating, and making trips to the dump as soon as possible. A well-maintained and clutter-free home shows better and creates a positive impression on potential buyers.
Practice living in a constant state of cleanliness. No matter how often you ask for notice before a buyer's agent shows up, you might still get a call on short notice. Be prepared to clean up fast and leave a spotless home. Make your bed every morning, even if there's no scheduled showing. Assume a buyer might visit whenever you leave the house.
Start Moving Out…Seriously!
Be prepared for a quick turnaround once your home is listed. Consider renting a storage pod or unit and gradually start the process of moving out. This not only facilitates a smooth and stress-free move but also enhances the visual appeal of your home by preventing it from being overloaded with personal belongings.
Start Watching the Market
Stay informed about the real estate market by actively monitoring homes for sale and those under contract. Your agent can assist in setting you up as a guest on the MLS, or you can independently explore online platforms like Red Fin or Zillow to gain insights into market trends and comparable listings.
Finding the Right Agent: Work With Tom Landry
Tom Landry prides himself on being an expert in the local Portland, Maine, market, possessing an intimate knowledge of your neighborhood. Our commitment to providing the highest level of service sets us apart. As a locally owned and operated, non-franchised agency, we contribute to the community by employing local individuals, sourcing from local vendors, and supporting local charities—giving back 10% of yearly profits. Leading our team is Portland, Maine's top-selling agent for over a decade, ensuring you receive unmatched expertise.
Follow these steps, partner with Benchmark Real Estate, and prepare for a successful and stress-free sale in Spring 2024! Contact our team today and start preparing to sell your home in Maine.