Selling your home in a down economy will often take more time and a bit of creativity. You might have to work harder, but it can be done. With so many houses on the market a homeowners objectives should be to get the house noticed and to make it desirable.
Spend money where it will have the biggest impact. Before putting a house up for sale a homeowner will usually do some sprucing up. You of course want to make the house look its best, however, do not waste money where it is not going to do much good. Kitchens and bathrooms give back a good return on investment. New windows are another good fix up. Do not spend money on wallpaper, paint, light fixtures and things that a new owner will likely change anyway.
Remember that curb appeal is important. This is the first thing that a potential buyer will see. Make it entice them to come in. A broken up driveway, peeling paint and brown grass may make someone drive right by. Make the front inviting. Put down sod if you have to. Paint the door, clear away any debris or junk.
Get rid of clutter, photos and personalized items. When potential buyers comes to the house, they want to imagine it as their home. Too many pictures and personal items makes this difficult.
Work with a Realtor. Their experience and expertise is valuable. They will often be able to give you wonderful tips on marketing the residence. They can lead those who are looking for just what you have to offer to your house. Be sure that you are working with a real estate agent who is very familiar with your local area. When we were looking at homes in Lehi, we found someone to work with who knew the neighborhoods and amenities in that area.
Host an open house. The more people who see the house, the better the chances that it will be bought. An open house allows you to get several people in at once to look over the property. You will hopefully get an offer from at least one of them. If you do not get an offer, you might at least be able to get some feedback.
Selling your home in a down economy is not impossible. Often the financial news will lead people to believe that it is. You just have to be sure to price the property right and wait for the right person to come along. Advertise as much as possible. The more people who see the property, the better the odds of someone falling in love with it and wanting to buy it. Do not get discouraged.