Gregory Guzman on Things To Know Before Selling a Home In Philly

If you have a property in Philadelphia, you may know a little about the market but might not understand the nuances that come with selling a home. The Philadelphia real estate market has increased the median rent and home values in 2019, which is reflective of the national trend. As one of the most walkable cities in the US, it’s no wonder why so many people are looking for property in Philadelphia. Before you start the process of selling your home, here are some things that you need to know.

The Right Price

Before you put your home on the market, you really need to ensure that you are setting the right price for your property. It’s essential to choose a price that makes an excellent first impression on potential buyers while still staying within the expected price range for the area. A good tip to help you determine the best price is to work with experienced realtors in Philadelphia. They can help you determine where in the price range that your real estate should be listed.

The Right Time

When listing a home for sale, the time of year can be critical to selling your house quickly. Typically the best time to sell a home is in the spring, and Philadelphia doesn’t go against that trend, but there is more to know before listing your home. Since it takes, on average, four months to close on a house, you need to put your house on the market in February. The best month to sell a home in Philadelphia is June, and if you put your home up for sale just before spring starts, you are looking at a great selling strategy.

The Right Look

Of course, when selling a home, you need to make the property look appealing to buyers. The best way to do that is to do basic but effective renovations, cleanings, or stagings can really make a house sell. Start by decluttering the home to ensure that the buyers aren’t overwhelmed and can envision the property as a place they can live. Don’t forget to take a look at the vibe of the neighborhood and the typical buyers of the area. It can determine the design or staging options you choose before taking photos or hosting an open house.

Gregory Guzman is the head of Acquisitions at G Buys Philly and has 20+ years of experience working in real estate in Philadelphia.