Do you want to put up your Washington, DC, luxury real estate for sale? Then you must add value to it before selling it. In 2018, the survey by Homeowner Protection Survey by Chubb found that over 58 percent of the participants wanted to renovate or improve their homes within the following year. Around 65 percent of these planned to spend over $10k, while another 20 percent would spend up to...
Investing time and effort before you put your home up for showings will most likely increase the probability of receiving offers once you list your house. The longer your house stays on the market, the harder it will be to sell. Repairs, staging, and cleaning may help attract good offers, but they can be time-consuming and expensive as well. How do you prepare your Washington, DC home for sale? 1....
The best time to sell a house is from spring to summer, while the worst is from fall to winter. House owners and real estate teams in DC should familiarize themselves with the seasonal trends and statistics before they start preparations for selling a house. Between March to August, buyer demand outnumbers the houses for sale. Homeowners can sell their homes at a minimum of 10% above market during...
Suppose you have one of the best Washington DC luxury homes. However, you want to sell it and buy a new one that meets your current needs. If this were the case years ago, you would give up on selling your property. For starters, Washington DC luxury estates are expensive. So, it would be challenging to get an ideal offer. Some clients might lowball you or bargain their way down a few million,...
There are several reasons for selling a property: a new job, downsizing, and life changes, among others. The home selling process has a lot of steps, but here are eight effective steps that you need to focus on. 1. Get Ready to Sell Your Home Do you need to move out as soon as possible for some reason? Does your home need to be on the market before a certain date? Will you be using the proceeds of...
Selling luxury homes in DC is a different real estate market. Everything from how you price to how you market has to be adjusted for the right buyers. This is an exclusive market. The higher the price a house is listed for, the fewer the buyer pool becomes, and you might have a long road ahead. Realtor.com’s luxury home index shows a 25% increase in luxury home sales across the country. Luxury...
Most people have found themselves purchasing houses as opposed to selling them. Notably, selling a house is very different from buying one in terms of the procedures involved. When one decides to buy a home, they place all their emotions and feelings into one basket because they will be living in it for the better part of their lives. However, when selling a house, the seller aims to give away their...
The world of luxury property sales is unique in both the value they represent and the audience they target. The challenges of being a real estate agent focused on this type of property range from knowing your type of client to having a high level of patience since these properties are much more difficult to sell than cheaper ones. The marketing and selling of a luxury house must always be meticulous...
Selling luxury real estate can be challenging, especially in a luxury housing market like Washington, DC, where the competition is higher than most markets. Luxury homes have unique characteristics that appeal to specific buyers, and it's essential to evaluate the buyer pool to ensure that you are asking the right price. Selling a luxury home requires a nuanced approach that is not only driven by expert...
Luxury real estate in Washington, DC, is a market with high demand. However, many people still feel that now is not the right time to sell a luxury home. This is entirely inaccurate and only shows that people are not paying attention to what is happening in the luxury real estate industry. When selling a home in the D.C. area, timing is everything. A fast-moving market or one with little inventory can...