Home Sellers Guide Spring 2025
This Spring 2025 edition of the Home Sellers Guide seasonal series, includes many tips such as How Home Equity May Help You Buy Your Next Home in Cash, The 3 Biggest Mistakes Sellers Are Making Right Now, Home Staging FAQ: What You Need To Know, Why More Sellers Are Hiring Real Estate Agents, and much more.
What is inside the Home Sellers Guide Spring 2025
HOW HOME EQUITY MAY HELP YOU BUY YOUR NEXT HOME IN CASH
Home equity is the difference between how much your house is worth and how much you still owe on your mortgage. For example, if your house is valued at $400,000 and you only owe $200,000 on your mortgage, your equity would be $200,000.
Recent data from the Census and ATTOM shows how significant today’s home equity really is. In fact, more than two-thirds of homeowners have either completely paid off their mortgages (shown in green in the chart below) or have at least 50% equity in their homes (shown in blue in the chart below):.
THE 3 BIGGEST MISTAKES SELLERS ARE MAKING RIGHT NOW
If you want to sell your house, having the right strategies and expectations is key. But some sellers haven’t adjusted to where the market is today. As a result, those sellers are making some costly mistakes.
Here’s a quick rundown of the 3 most common missteps, and how partnering with an expert agent can help you avoid every single one of them.
- Pricing the Home Too High
- Skipping Repairs
- Refusing to Negotiate
HOME STAGING FAQ: WHAT YOU NEED TO KNOW
Staging is the process of arranging and decorating your house to highlight its best features and make it as appealing as possible to potential buyers. It can range from simple touch-ups to more extensive setups, depending on your needs and budget.
Studies show good staging ultimately helps your house sell faster and maybe for a higher price than an unstaged home (see visual):
WHY MORE SELLERS ARE HIRING REAL ESTATE AGENTS
Putting your house for sale on your own – often called “For Sale by Owner” or FSBO – might be on your mind. But you should know that it gets complicated very quickly, especially in today’s complex market.
That’s why data from the National Association of Realtors (NAR) shows a record low number are going the route of selling on their own (see graph below):
Bottom Line
You don’t want to take all of this on by yourself. Let’s connect so you have a pro to help with everything from pricing your home to managing the details.
For more information on how to sell your Vero Beach house in today’s real estate market, get a copy in this FREE Spring 2025 Sellers Guide by completing the form below.
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