Busting Some Myths about Houses for Sale in Portsmouth VA
If you’re looking for (or planning to list some houses for sale in Portsmouth Va), it’s important to make the right decisions. This is not always easy, considering the amount of misinformation available out there. Here are some myths about home selling.
Myth 1: You have to splurge on costly renovations and upgrades to get a good offer
This is not always true. Of course, some additions will certainly make your property more appealing to buyers. This, however, does not mean that you will recoup every penny you spent on renovations. In fact, major upgrades seldom pay for themselves. So instead of spending a fortune on houses for sale in Portsmouth VA, focus on simple upgrades. For example, applying a fresh coat of paint or removing dead plants from the garden are inexpensive ways to increase the curb appeal and resale value of your property. If the home is too big, a coat of paint can be expensive too. If the paint is not too worn out, leave it as it is and instead, focus on cleaning the exteriors of your home.
Myth 2: Summer and spring are the best seasons to sell a home
Spring is the season when parents of school-going children shop for homes. This, however, does not mean that you can only sell your home in spring or summer. Parents are not the only buyers in the market. Actually, retirees and childless couples have changed the buying season and made fall and winter equally competitive. Don’t wait until spring or summer to list your home. Keep in mind that the inventory also increases during spring making it more difficult to sell your home.
Myth 3: You have to refuse the first offer because something better might come up later
This is not always the case. Some homes receive only one offer and if the buyer passes it on, their home will waste away in the market. What’s more, if the home does not get sold fairly quickly, buyers will start assuming that something is wrong with it. So as the days on the market increases, the offers that come your way may also become stingier than ever. Consider every offer seriously. Even if the very first offer is below the asking price, consider it. The market for houses for sale in Portsmouth VA can become very competitive, so each offer is worth a thought.
Don’t fall for myths. Make the right decision and get the best offers for your houses for sale in Portsmouth VA.