Tips For Selling Your Home in 2023 — Advice from Experts
You’ve probably heard lots of advice from your friends, family, and neighbors about selling your home: but how do you know what will really work? With a challenging 2023 market, persistent high interest rates, and local market conditions based on your city and neighborhood, it’s easy to get lost in the barrage of advice and tips for selling your home.
We’ve compiled the most helpful advice from top agents throughout the country to help you sell your home with confidence in uncertain times.
Work with a top agentWorking with a top agentis the single most beneficial thing a seller can do. A top agent will walk you through every step of the selling process, from making upgrades and listing to showing the home and comparing offers.
What’s more, in a challenging market, experienced agents (who have likely been through this before) know what works and what doesn’t. While record-low inventory is tipping the scales toward sellers in many parts of the country, home affordability has taken a hit due to higher mortgage rates, so buyers are being more selective with their purchasing decisions, according to HomeLight’s Top Agent Insights Report from Summer 2023.
“This is a seller’s market in that demand far exceeds supply, but with strong buyer’s market characteristics,” comments Leslie Eason, a top real estate agent in Boone, North Carolina. “‘Sweet spot’ homes go quickly with multiple offers, while homes requiring updates or having any issues stay on the market longer.”