Whether you are a first time seller or an expert who loves the South Lake Tahoe real estate game, making sure your home is ready for the market is CRUCIAL! It goes way beyond cleaning up and leaving some freshly baked goods on the counter if you want to create a bidding war though. Of course, bidding wars may not happen no matter what you do depending on the current market climate so your South Lake Tahoe Realtor will need to weigh in on that one before you start expecting over asking offers to roll in.
- Get a home pre-inspection
Ask any South Lake Tahoe Realtor and they will tell you that a buyer will want their own pre-inspection, BUT, doing one in advance has it perks. Not only does it give buyers a heads up, it also lets you know what may come back on the inspection report. When listing South Lake Tahoe homes for sale, it is always a good idea to make sure you have as many repairs and fixes handled ahead of time if possible. If you can’t do that, just be prepared that you may need to be flexible on the negotiation price.
- Deliver a good first impression.
This means make your mailbox look amazing, replace those house numbers, shutters, pull dead weeds, add a pop of color with fresh flowers, reseal the driveway or get new garage doors. Some things may not be in the budget, but do what you can to make sure your South Lake Tahoe real estate is looking sharp as soon as buyers pull up.
- Make sure the rooms are being used in the right away.
Every family has different needs so while a formal dining may not be necessary but a play room is, a spot that was originally created for dining could become overrun by the kiddos. The downstairs den may have been used for a master. Whatever the case may be, it is important to stage the rooms for their originally intended purpose. When buyers search South Lake Tahoe homes for sale, they prefer to see rooms used for the original intent as it helps them imagine layout and their life in the home.
- Bathrooms & kitchens sell South Lake Tahoe homes for sale.
These spaces are the rooms most buyers gravitate towards. Perhaps it is because they are expensive to remodel, but they are also spaces that get a lot of use. Give them a facelift that is within a reasonable budget if one is required. While doing a spendy remodel usually doesn’t yield a high ROI, there are things you can do that will help it appear more appealing. Simply ask your South Lake Tahoe Realtor for recommendations.
- If you REALLY want to spark a bidding war, list under value.
Data has constantly shown that when you list 10% under market value, you attract 75% of the buyer pool instead of 30% if you were to list 10% over. In markets where it is not appropriate, sellers worry that this tactic will leave money on the table, but the reality is that everyone loves a deal. Interestingly, buyers are usually motivated when they see other offers on South Lake Tahoe real estate which can push a homes final offer over market value. Now, this is always dependent on a variety of factors so your South Lake Tahoe Realtor will need to weigh in to make sure your home is a good fit for this method.
- Give buyers the neighborhood details.
Tell them about the nearby best restaurants, local coffee shops, traffic tips and routes as well as the culture of the neighborhood. It could be an area that is close to popular city amenities or community features like tennis courts, marina or pool. Maybe there is a popular trail nearby. Whatever your neighborhood is known for, sell it. The new buyers will love knowing that they bought in a hot neighborhood or one that is up and coming.
For more information on what to do to move your South Lake Tahoe real estate fast and for the most money, give is a call. We would be happy to explain the current market, the selling process and give you a custom market analysis report.