Don't Sweat It: Selling Your Home in the Heat 🌞
Discover the cool strategies to market your home successfully this summer!
Navigating the summer real estate market just got hotter.
Let's dive into what you'll learn today:
- How the summer heat impacts house sales.
- Clever tricks from experts to sell your home despite the heat.
- Financial considerations and benefits for maintaining your HVAC system.
The Heat is On: Slowdown in Summer Sales
Heat waves have put a damper on open house attendance this summer.
In some areas, that means fewer folks are braving the sizzle to see listings.
A recent report notes that pending home sales have dipped by 5.6% compared to last year.
Stay Cool, Buyers: Tips from Top Agents
In hot markets, selling your home requires creativity and flexibility.
Kristin Sanchez, a rockstar Redfin agent, swears by early morning open houses.
Beating the midday heat makes for a more pleasant house hunting experience.
The Cool Effect of Virtual Tours
Since COVID-19, virtual viewings have become a staple in real estate.
They're especially useful when physical comfort during viewings is a challenge.
Virtual tours let buyers check out properties without stepping into the heat.
Is Your Home Chillin'?
A functioning HVAC is like an oasis for buyers in a desert of homes.
Ensure your system is humming nicely to make a great impression.
If buyers feel sticky or uncomfortable, it can be a real deal-breaker.
Cashing in on Comfort
Fixing or upgrading your HVAC doesn't just attract buyers; it might save (or make) you money.
Ashton Lawrence, a financial wizard, emphasizes the importance of calculating costs and benefits.
Upgrades can lead to immediate tax savings or up your home's market value.
Tax Credits and Home Basis Boosts
Did you know making your home energy-efficient can pay off at tax time?
Certified financial planner Tommy Lucas suggests exploring the Energy Efficient Home Improvementaire Credit.
This credit and others might reduce your tax bill, and they add to your home's "basis" for when you sell.
Sellers, Wave Your Fans
Sometimes, staging decisions mean ditching bulky AC units for aesthetics.
No AC? No problem.
Hand out handheld fans or offer cold drinks to keep visitors cool, advises Terry Mainord, a staging guru.
Remember to record every home improvement.
Documentation is key to proving value and wrangling capital gains tax.
This summer, don't let the heatwave burn up your sale prospects.
Instead, turn up the dial on smart marketing and cool strategies.
Stay chilled, and let the hot market work for you!
Till next time, keep it breezy and successful with The Realty Herald.