The real estate market in Northwest Arkansas has been on the rise, as home values have more than doubled in the region since 2011. It would be an understatement to say that many people are looking to sell their homes in Arkansas and take advantage of the strong demand. If you’re thinking about putting your home on the market in Arkansas, here are five tips that might just help you make the process easier.
Prioritize Your Home’s Features
It’s important to focus on what makes your house special and to draw in potential buyers. Thinking about your home’s ‘wow factor is a great place to start. Do you have a pool? A private beach? An above-ground tank filled with tropical fish? With a little bit of creativity, you can turn any property into a winning one.
The best guide to prioritizing your home’s features is the listing itself. Make a list of everything you can think of that might be attractive to potential buyers. If you’re struggling for ideas, ask a real estate agent for tips. They’ll know which features are selling a home and which ones are just ‘fluff’ – things such as garden furniture and outdoor BBQs that aren’t necessarily ‘sellers’.
Get To Grips With The Legal Side
If you’re selling your home without a realtor, you’ll need to represent yourself on the legal side. It’s important to get this part right, as you’ll need a legal description of the property that matches the parcel of land. If you’re doing this yourself, you’ll need to make sure that all the necessary documents are in order – from mortgage papers to building permits. Without these, the buyer will have to put in the work to get the home built.
Make Sure The Place Is Covered By Insurance
This point cannot be stressed enough: make sure that your home is adequately covered by insurance. This could be on a standalone basis, or in conjunction with your purchase insurance. A standalone insurance policy could cover damage from floods, hurricanes, tornadoes, and other acts of God. If your home is located in a flood-prone area, this could be all you need to fully protect it.
On the flip side, if you do have buy insurance, this could provide additional benefits. If you have multiple homes, you could create a package that provides insurance against several risks. For example, you could insure your main residence against fire and theft, as well as your investment property against floods and earthquakes.
Sell It By Keeping It Organised
When staging your home for sale, it’s important to keep things neat and tidy. This means getting rid of clutter and making sure that your home is looking its best. Sell it by keeping it organized – throw out what you don’t need and stage the rest. If you really want to impress potential buyers, take a little time to get rid of things that are cluttered and messy, and instead lay out all the essentials for them to see.
Show Off The Location
Another way to draw in buyers is to show off the location of your home. If you live somewhere coveted, such as Ocean Avenue in Malibu, it will be appealing to potential buyers to live close to the beach. It would be best to provide them with all the relevant information, including the nearest beach and the walk score.
Similarly, if you live in New York City, it would be a selling point for potential buyers to live in the most luxurious and iconic building nearby. If the listing includes a floor plan with all the relevant details, this could be the ultimate selling point.
Even if you don’t live in a desirable area, you can always use the strategic placement of key rooms to make an impact. For example, if you have a great room with an oversized fireplace, but no kitchen or dining room to go with it, you can stage a feast for your guests by inserting a kitchen and dining room.
Get The Finishing Touches
On that note, it’s important to get the finishing touches – like setting the furniture and décor – before the show. You don’t want to waste your time changing things around once the house-hunting process begins. Get a painter to come in and give the place a quick once-over, so it looks like you just moved in, and pick up any items that need replacing.
If you have a specific buyer in mind and want to make sure they get your home, then put in the extra work to make it perfect. Remember – no one is an island, and everyone needs help from time to time. If you’re looking for ways to move, here are some places to look for help.