Selling in 2025? Here’s how to prepare

Are you preparing to sell your home next year? Selling in 2025 will introduce you to an interesting market, as real estate trends, interest rates, and economic factors will all play a role in shaping your experience. Before we enter the new year, there are several items you can start preparing now to get ahead! Here are some tips to get you thinking about your future in the market, and how to make the most of it.

First, decide on the right time

Before you can do much else, you need to decide when in 2025 you plan to sell your home. This will depend on a number of factors. From an economic perspective, it’s a good idea to learn about typical real estate trends in different months. Spring and summer are usually the busiest times for both buyers and sellers, which means you will likely gain a lot of interest from potential buyers, but you will also have more competition with fellow sellers. On the other hand, the first and last couple months of the year typically see a slowdown in activity. Your home would stand out in the market, but you may not have as many buyers searching.

You should also consider your own preferences and plans. For example, how much time do you need to get your home ready for the market? Do you know where you are heading next? Do you have the time required to sell your house right now, or should you wait until later in the year? It’s essential that you put your home on the market when you are truly ready, and know what your own next steps will be.

Find the perfect asking price

Much of your success when selling in 2025 will depend on determining the right listing price for your property. For that, you need to secure the right real estate agent! Working with an agent is crucial. They have the experience and information necessary to decide how much your home is likely worth. They will examine prices of similar properties, the age and condition of your home, and the current market trends. All of these factors will help you put your house on the market for a price that is designed to attract buyers, while still securing a good sale for you. If you price your home too high, you might struggle to find the right person to buy it. However, if you aim too low, you could miss out on the potential to take advantage of your home’s equity.

Prepare your home for viewers

Your house should be prepped for listing photos and tours. First impressions matter, so it’s important that your home is looking its best. Plus, certain home improvements could increase the value of your property as well. You should start on the outside and examine your curb appeal. Make sure your grass is neat, your gardens and hedges are trimmed, and your garage and front doors are free of scratches or scuff marks. This will give viewers a positive impression as they continue inside your home! Here, you should have neutral walls, basic decor, and minimal personal items on display. If you think your home needs some upgrades, we recommend focusing on the kitchen and bathrooms. New cabinets or countertops can provide a big boost. Finally, make sure your house is clean! A neat and tidy home goes a long way and makes the best lasting impression.

Review all offers carefully

Before you get into the process of selling in 2025, you should understand that not all offers are created equal. In many cases, there are a couple standout offers that will match your needs perfectly, and you need to be able to spot them. Of course, you will want to secure your asking price, but look beyond that, and think about your needs. For example, do you want a buyer who is flexible with the closing date? How large is their down payment? Are they working with an agent and do they have a mortgage pre-approval? Certain factors will help you decide who your perfect match is in terms of their suitability for you as the seller. Of course, your agent will play an important role in examining offers as well, so don’t worry about becoming an expert overnight!

Be patient with the process

Finally, it’s important to understand that selling a house takes time. In an ideal world, you would probably love to make the decision to sell, put your home on the market, and find the perfect buyer within a week. In reality, the process takes a lot more time and effort. Renovations and home improvements can take weeks or months to complete. Finding the right real estate agent is not a process to rush. Attracting the right buyer doesn’t always happen right away, and reviewing offers is definitely a time commitment! Working with the right professionals can help speed up the process, but it’s important to remember that good things often take time. Don’t rush – you and your ideal buyer will find each other!

Selling in 2025 will be an exciting experience to look forward to, but you can still start preparing yourself now. Getting these items sorted out in advance will help you hit the ground running when the time comes. If you also plan on purchasing a new home, you can prepare for that by reaching out to a mortgage broker! By evaluating your situation now, we can ensure you will find the mortgage product you need in the future. It’s never too early to get going!

If you have any questions about your mortgage, get in touch with us at Clinton Wilkins Mortgage Team! You can call us at (902) 482-2770 or contact us here.