The real estate market in Detroit has changed significantly during the last 4 years and altered the approach to selling homes. Selling your home today compared to 5 or 6 years ago looks quite different. No longer is it enough to clean up and put a for sale sign in the front yard, waiting for a qualified buyer to drive by. Instead, technological advances have improved the streamlining of information and a new understanding of how best to present real estate utilizing the most up to date methods to appeal to highly savvy online buyers from across the globe, increasing profits efficiently through well structured systems. In understanding the mindsets and motivations of buyers, you attain the best selling price by acting on that knowledge. So, continue reading on as we explore 3 ways selling your home has changed over the last 4 years in Metro Detroit.
Cost Of Listing
The expenses of listing associated with a real estate agent’s marketing when selling your home have changed over the last 4 years in the Detroit market. Professional stagers are typically employed not only to present the best qualities of your home in its best light but also to help a buyer’s imagination. Through careful arrangement and use of color, stagers create a blank canvas upon which buyers can paint a mental scene and see living out their lives in the space. Stagers understand that when a favored sports team banner, a personal item like a trophy or even the slightest sign of a pet, buyers feel the homeowner’s presence and possession of the space instead. Buyers expect professional digital imagery, of the highest quality and typically scroll past listings with poor quality images. Also, 360-degree virtual tours have become standard to meet the demands of buyers on a worldwide online platform, eliminating distance issues and limiting in-person showings to more serious buyers. Finally, consider the expenses to hold onto the property during the listing agreement; it can all add up while you wait for your buyer, along with the inspection, appraisal, commissions, fees and closing costs. Selling directly to local professional homebuyers like those at Detroit Fair Offer offers a solution that saves sellers time and hassles while cutting out all the listing expenses; you won’t even pay commissions or closing costs.
Buyer Expectations
Buyers are focused on meeting several of their needs in the home they buy, which is another way selling your home has changed over the last 4 years in Metro Detroit. In addition to the desire for good schools and other nearby amenities, they’re looking for a home in ready-to-move-in condition. They desire more walkable communities and backyards with pools and outdoor entertainment or the potential room for these additions. Buyers are zeroing in on their target market and narrowing down the candidates with a heightened awareness. They can determine if a property is over or underpriced at lightning speed and move on to listings that align with the current market value. Buyers in this market aren’t typically seeking fixer-uppers. However, some may have the financial means to throw out lowball offers and put in the work, hoping for the bargain of a lifetime. Direct buyers like the professional homebuyers at Detroit Fair Offer are local professional investors who have evolved as another option for sellers to avoid the stress of negotiations and the hassles of showings, with closings in as fast as a few days. You’ll also save money because at Detroit Fair Offer, our direct buyers will make an offer that sellers agree is fair for their property in “as-is” condition. We detail every number used in our offer calculations. Unlike the competition, we will tell you if a listing is the better option given your extenuating circumstances, including the value of convenience in your busy life, the speed at which you need to sell and any financial constraints. Either way, when working with a professional homebuyer at Detroit Fair Offer, you’ll know exactly how much your home is worth.
Detroit Fair Offer
The pros at Detroit Fair Offer are a part of how selling your home has changed over the last 4 years in Detroit. We’re here to help you navigate the process. There’s smooth sailing ahead when you work with professional homebuyers and their full-service team at Detroit Fair Offer. Let us provide all the data you need to compare your options and decide what works best for you. We do this because we want you to feel good about the deal long after the closing; find out today how Detroit Fair Offer can help you without obligation. You won’t find any pressure tactics at Detroit Fair Offer; we are proud of our work helping our neighbors like you solve problems one property at a time. To speak with someone about selling your home now, call Detroit Fair Offer at (313)647-8806.