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Home Expert advice

Selling in the New Year? Here’s What to Do Now to Prepare

Kimmie Nguyen by Kimmie Nguyen
December 21, 2024
in Expert advice, Selling Your Home
Reading Time: 9 mins read
Two people talking to a real estate agent.
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As the holiday decorations come down and the New Year’s resolutions begin to take shape, many homeowners are considering a fresh start in a new home. If you’re considering selling your property in the upcoming year, now is the ideal time to start preparing. 

Taking proactive steps today can help you maximize your home’s appeal and position it to make a strong impression on buyers in 2025.

Table of Contents

  • Declutter and Depersonalize
  • Tackle Those Repairs
  • Boost Your Curb Appeal
  • Get Your Finances in Order
  • Research the Market
  • Consider Energy Efficiency Upgrades
  • Stage Your Home
  • Gather Important Documents
  • Plan Your Marketing Strategy
  • Find a Real Estate Agent

Declutter and Depersonalize

Over the years, we all accumulate a lot of items, and with the start of a new year, it’s the perfect opportunity to pare things down. Decluttering not only enhances the appeal of your home but also makes the moving process much smoother.

  • Start with one room at a time to prevent feeling overwhelmed.
  • Sort items into three categories: keep, donate, or toss.
  • Consider renting a storage unit for seasonal items or valuables that can be stored out of sight.
  • Remove personal photographs and unique decor pieces to help potential buyers envision themselves in the space.

Tackle Those Repairs 

Now is the time to address those small, lingering repairs you’ve been putting off. Even minor fixes can make a big difference in how buyers perceive your home.

  • Create a checklist of repairs, focusing on items that are visible or could raise concerns for buyers.
  • Prioritize repairs that could be seen as red flags, such as leaky faucets or cracked windows.
  • Consider hiring a handyman to knock out several tasks in a day.

According to a recent study by the National Association of Realtors, 20% of recent buyers were disappointed by how much they needed to spend on home repairs after purchasing. Don’t let your home contribute to that statistic!

Boost Your Curb Appeal 

First impressions matter, especially in real estate. Your home’s exterior is the first thing buyers will see, setting the tone for their viewing experience.

  • Power wash your siding, driveway, and walkways.
  • Touch up exterior paint or consider a fresh coat if needed.
  • Add colorful flowers or potted plants near the entrance.
  • Ensure your house number is clearly visible and stylish.

Fun Fact: Homes with high curb appeal tend to sell for an average of 7% more than similar properties with less inviting exteriors. Now’s the time to break out those gardening gloves!

Get Your Finances in Order

Selling a home involves more than just putting up a “For Sale” sign. It’s crucial to understand your financial position before listing.

  • Review your mortgage statement to know your payoff amount.
  • Check your credit score and work on improving it if necessary.
  • Start saving for potential selling costs and your next home purchase.

Consider using a mortgage payoff calculator like the one offered by Bankrate to get a clear picture of your financial situation.

Research the Market

Knowledge is power, especially in real estate. Start researching your local market to understand what you’re up against.

  • Look at recently sold homes in your neighborhood to see how they compare.
  • Attend open houses to get a sense of how other sellers are presenting their properties.
  • Monitor market trends to understand buyer demand and pricing predictions for the upcoming year.

Did You Know? According to the Canadian Real Estate Association, home sales in October 2024 saw a 22% increase over the previous year. Staying informed about market trends can help you time your sale.

Consider Energy Efficiency Upgrades

With rising energy costs and increasing environmental awareness, energy-efficient homes are more attractive than ever to buyers.

  • Replace old appliances with energy-efficient models.
  • Upgrade lighting to LED bulbs.
  • Consider adding insulation or installing new windows.

Pro tip: Many utility companies offer free energy audits. Take advantage of this service to identify areas where you can improve your home’s efficiency.

Stage Your Home 

Staging your home can help potential buyers envision themselves living there. It’s all about creating a welcoming, neutral space that appeals to a wide range of tastes.

  • Rearrange furniture to maximize space and flow.
  • Choose a neutral color palette for walls and decor.
  • Add pops of color with throw pillows or artwork.
  • Ensure each room has a clear purpose.

Did you know? Per the National Association of Realtors, 23% of sellers’ agents reported an increase in offers by 1-5% for homes that were staged compared to those that weren’t. 

Gather Important Documents 

Start collecting all the important documents related to your home. This will save you time and stress when you’re ready to list.

  • Gather maintenance records and warranties.
  • Collect utility bills from the past year.
  • Locate your original purchase documents and mortgage information.

Plan Your Marketing Strategy 

In today’s digital world, a strong online presence is crucial. How your home is presented to potential buyers can greatly impact its success on the market.

  • Plan an appealing listing description that highlights your home’s unique features.
  • Invest in high-quality photography or hire a professional to ensure your home looks its best.
  • Consider offering a virtual tour to allow buyers to view the home from anywhere.

Did You Know? Homes with high-quality photos sell 32% faster than homes with average or low-quality images.

Find a Real Estate Agent 

Finally, it’s time to find the right real estate agent to guide you through the process. A good agent can be invaluable in navigating the complexities of selling a home.

  • Ask friends and family for agent recommendations.
  • Read reviews and check out agents’ websites to learn about their experience and approach.
  • Interview several agents to find the best fit for your needs and personality.

If you’re looking to streamline your agent search, give us a call! Here at Zoocasa, we let you search for experienced agents in your area, read real client reviews, and compare agents to find one with the right expertise for your needs and can help you sell your home with confidence.

Final Thoughts

Selling your home is an exciting, yet sometimes daunting, process but preparation is key. By following these steps now, you’ll set yourself up for a smooth and successful sale in the New Year. Wishing you the best of luck on your selling journey!

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Kimmie Nguyen

Kimmie Nguyen

Kimmie Nguyen is the Data Analyst Assistant at Zoocasa where she plays a pivotal role in intertwining the intricacies of data analysis with the dynamic world of real estate. With a genuine passion for applying scientific insights into the realm of business, Kimmie brings a fresh perspective to the intersection of technology and real estate. Kimmie enjoys uncovering valuable insights in the ever-changing real estate market through the dynamic usage of data trends.

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