With the increase in millennials entering the market, it’s time to start preparing for first time buyers. Although every buyer wants to find their dream home, most individuals are willing to compromise on certain items (especially when they are new to the market). Learn these tips to appeal to the largest part of the buying market.
Realizing the American Dream
According to a JPMorgan Chase survey 87% of Americans surveyed said that owning a home is something they dream about. As the economy recovers, Americans are becoming more optimistic about buying their first home. Low interest rates are adding to this decision. Depersonalize your home before showing it to make it easier for new buyers to imagine making it their own.
Make Your Buyers Feel Welcome
You are trying to sell them a home, not just property. It’s an emotional decisions so you want to be inviting. A walk through your home should give off a “warm and fuzzy” vibe. Add a welcome mat to start the tour off right.
Clean and Clutter-free
The more objects you have in a space, the smaller the space feels. It goes without saying that the better the condition a home is shown in, the more likely it is to sell quickly.
Repair and Improve
Consumers tend to want new items, instead of used ones. While buyers know the house has been lived in, you’ll have a better chance selling the home if they aren’t frequently reminded of it. Replace the lighting fixtures to something bright and modern. Repair any cracks or holes in the wall and repaint with a light, yet neutral color. Walk through your house and check for the “gloomy” places and address them.