Selling during the winter months in Detroit MI can be brutal. When the time has come to sell, making the wrong choice can be costly. Having the right information can make the process much easier for you. Read on to learn about 5 difficulties homeowners face when selling during the winter months in Detroit.
The Right Price
Never has it been more important to list your home at the right price from the start. When faced with the task of determining their asking price, homeowners often find it difficult to put a price on their home. Especially during the holidays, emotional attachments add a personal value to the property, getting in the way of setting realistic asking prices. In today’s fast-paced online real estate market, the wrong price will turn away buyers and leave your home sitting. Additionally, the longer listings sit on the market, the more cautious potential buyers will become. Tech-savvy buyers of today can quickly eliminate older listings from their searches, moving on to another property near you. Failure to set the price at the right number is a major mistake many homeowners make when selling during the winter in Detroit.
Being on time is a struggle for much of the population, being the reason snooze buttons exist. When considering selling your own property, deadlines are a big obstacle homeowners face when selling their houses during the busy winter months in Detroit. Federal regulations as well as state and local laws are at play when there is a sale of a home. Additionally, the number of documents involved in the sale of a home can be quite overwhelming to those inexperienced with the entire process. Preventing the sale from falling through means meeting the looming deadlines of the lender and for closing. This can be an exceedingly heavyweight on the shoulders of the seller.
Real estate agents come at a financial and personal cost. Naturally, there is their commission and other assorted fees for their services. Understanding how to properly price your home along with their familiarity with real estate transactions in general leads many to agree to an agent’s high commissions and requirements in the contract. The seller’s motivation is often in order to avoid the stress involved in meeting the stipulations in legal documents properly and possibly losing a sale. For these reasons many homeowners decide to forgo the for sale by owner method, selecting the more traditional path of listing with a real estate agent. Regrettably, in many cases, their agent becomes an expensive obstacle homeowners face when selling their houses during the winter months in Detroit.
Showings And Walk-Throughs
Giving up your home every weekend, keeping your home in a state of perfection at all times and being ready to walk out the door at a moment’s notice are all obstacles homeowners face when selling during the winter in Detroit. This can be difficult on those living in the home, especially at the time of year when there are gatherings and celebrations nearly every weekend.. For those in more northern regions, inclement weather during the winter months makes traveling a risk. In icy conditions, this risk includes walking safely to the car. These demands and constant intrusions can strain even the best of relationships.
Investing more into the property is another difficulty homeowners face when selling during the winter in Detroit. The last thing you want to do when you’re selling your home is to drop even more money into it, yet this is what a majority of sellers must do in order to attract buyers and compete against other listings. You’ll need to prep the house for showings. Depending on the condition of the property, this could mean anything from a little touch-up paint to a full-blown renovation. Buyers of today have also become accustomed to homes staged for showings. Neutral tones provide the most impersonal appearance possible. Used throughout the home, including the colors selected for wall paint, drapery, and even furniture and accessories. Staging allows buyers to more readily imagine themselves living in the home, picturing their own belongings in the space. Should you skip staging your home altogether, you’ll still need to remove as many of your personal belongings as possible. Depending on the number of belongings in the home, sellers may need to include storage charges to their cost to sell the home.
Why not make it easy on yourself? Let Detroit Fair Offer handle the paperwork and guide you through the process of how we value your home, the price we provide is the amount you’ll receive, no commissions, fees or repairs needed. With a guaranteed closing date, in 30 days or less, you can just walk away without even cleaning the house! All the difficulties homeowners face when selling their houses during the winter months in Detroit can be eliminated by selling directly to Detroit Fair Offer.
To learn more about selling during the winter months in Detroit, reach out to our team today! (313)647-8806