The spring Portland real estate market is officially in bloom. However, with low inventory and more buyers than homes on the market, it can be challenging to get your home noticed among the sea of potential properties. But don’t worry, with a few tips and tricks, you can make your Portland home stand out and maximize your home sale profits.
Price it Right
The first step in getting your home noticed is pricing it right. While buyers may be willing to pay a premium for the right home, they will also quickly lose interest in homes that are overpriced. Working with a trusted agent who knows the Portland market is crucial to determine a competitive price. A knowledgeable agent can help you avoid overpricing and ensure that your home is priced to sell.
Make it Shine
With fewer options on the market, your home needs to stand out. One way to do this is by making sure your home is clean, decluttered, and staged to perfection. This step is essential because buyers often have a hard time imagining themselves in a cluttered space. Highlighting your home’s best features can be achieved through staging, which can help potential buyers envision themselves living in the space.
In a low inventory market, you’ll have more negotiating power. However, staying flexible on closing dates, repairs, and other factors can make your home even more attractive. If you are willing to work with buyers on these points, you may find that your home sells faster than others in your area.
Creating a sense of urgency can also help your home get noticed. One way to do this is by setting a deadline for offers or hosting an open house to generate interest. An experienced agent can share what works best in your neighborhood, as every market is different.
If you’re planning to sell your Portland home in a low inventory market, remember to price it right, make it shine, be flexible, and create urgency. And don’t forget to work with an experienced agent who knows the Portland market well. By following these tips, hiring an experienced agent, and highlighting the unique features of your home and the Portland area, you can help your home stand out and sell quickly.
If you are in need of an experienced agent to help you buy a home in the Portland-Metro to Mid-Willamette Valley area, we are here to help! CLICK HERE for more information.