Sterling Heights, Michigan, real estate has been on the rise in recent years, with high demand keeping the market competitive. This is great news for anyone hoping to earn top dollar on their property in 2023. With home prices still on the rise and demand continuing to outweigh inventory, Sterling Heights is firmly in
a seller’s market and expected to stay there. So if you’re considering adding your home to the list of houses for sale in Sterling Heights, use this guide to ensure you can make the most of your sale this year.
Hire a top real estate broker
When you list Sterling Heights homes for sale, you want to work with a
broker who has expertise in the local market, understands the nuances of selling a home like yours, and has the necessary skills to negotiate the best deal for you.
A top real estate broker will take the time to understand your needs and preferences and provide guidance throughout each step of the process. They will also have access to up-to-date resources and market insights to ensure that the transaction is successful. By hiring an expert, you can rest assured that you’ll meet your real estate goals with ease.
Prepare your home for sale
Preparing your home for sale is an important step in ensuring that you obtain the best return on your investment. Homeowners will want to start by consulting their real estate expert prior to making any updates and/or renovations.. Through careful research, your Sterling Heights real estate agent will prepare a marketing proposal and pricing strategy that will allow sellers to gain helpful information prior to listing. Once you have a sense of the best strategies for pricing and marketing your home,, you can then determine whether you want/need to
boost your home’s value through renovations. If there are repairs/renovations recommended by your Realtor that could increase your home’s potential selling price, you can take care of those prior to marketing your home to the public in order to prevent buyers from renegotiating their offer down the line.
Repairs, renovations, and decluttering
Renovations can be one of the best ways to increase the value of your home before you sell. Updating the kitchen with new cabinets and appliances or remodeling the master bathroom can add incredible value in the eyes of potential buyers. Consult with your Sterling Heights Realtor before making such renovations to ensure you are getting the most bang for your buck. Making sure that all areas of the home are in good condition should also be a priority. Fixing leaky faucets or replacing broken fixtures can go a long way in making a home more desirable to a prospective buyer.
Once your home is renovated/repaired, decluttering can help prepare it for prospective buyers. Removing any unnecessary furniture or items that could make a room look cramped and cluttered makes a huge difference in the overall appearance of the home and gives you a headstart in preparing for your move. Your experienced real estate agent will recommend professional staging if they feel it could be advantageous to selling your home.
Home staging and professional photography
Home staging is one of the most beneficial investments a homeowner can make before selling. It involves making sure the home is as appealing to buyers as possible. Typically, this involves removing any personal items that may keep buyers from imagining themselves at home in the space.
Similarly, professional photography is key to showing off a staged home in its best light. With the majority of buyers searching for homes online, photography not only helps draw more buyers in but can help you get more offers and a higher sale price. Professional photography creates beautiful marketing materials that help showcase your home and, in today's market, both home staging and photography are key to getting the most out of your sale.An experienced real estate professional will assist in coordinating this step for you.
Listing your home
Once you’re ready to list your home, it’s key to consider the timing of your sale and your listing price. Ultimately, your real estate broker will be an invaluable guide when it comes to understanding how the Sterling Heights, Michigan, real estate market ebbs and flows from month to month. But you’ll want to get a sense of how quickly homes in your local market are selling how much they’re going for.
When considering your home's unique features, you and your Realtor will determine what to highlight for all prospective home buyers. If you’ve completed any repairs or renovations, make sure those are highlighted and reflected in your listing price as well as the marketing pieces that will be published. When the time is right, with the help of your trusted real estate professional, you can list your home and prepare to watch the offers roll in.
Negotiations and closing
Once you receive an offer, negotiations will take place. This typically includes a discussion of the purchase price, any contingencies, closing costs, and other terms of the sale. It’s important to have a good understanding of what is being discussed and agreed upon so you feel comfortable with the outcome. Whenever you have questions or concerns, don’t be afraid to consult your real estate broker or a qualified real estate attorney.
Closing costs associated with selling your home can vary, but some of the common expenses include transfer taxes, broker commissions, and title transfer fees. If you’re anticipating additional costs, you may want to factor them into the final sale price of your home. An experienced Realtor will discuss these expenses with you to avoid potential surprises when it is time to coordinate the closing.
Have a successful sale in Sterling Heights
Overall, it’s a fantastic time to sell a home in Sterling Heights. With high demand and low inventory, the market is set up perfectly to help sellers earn high returns on their investment. But if you want to see multiple offers rolling in with waived contingencies, you’ll want to follow the steps above to ensure your home is listed in its best light.
If you’re ready to get started and want to make the most of the market in Sterling Heights, partner with a real estate broker who understands the local market through and through. Steph Kaye is a top-producing associate broker with a reputation for her community engagement and commitment to clients. So if you’re excited to take the first step in selling your home in Sterling Heights, get in touch with
Steph Kaye today.
*Header image courtesy of Steph Kaye