The market has slowed down, but following these five tips will help you sell quickly regardless.

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According to a recent study by Redfin, both San Francisco and San Jose saw a market slowdown in June. 

 

Fewer than 25% of homes listed in San Francisco received multiple offers that month. Last June, that figure was at 65%. And San Jose saw an even more significant drop. More than 70% of homes received multiple offers in San Jose last June, but less than 10% did this year during that same month. 

 

Therefore, sellers in these markets will need to follow a few key tips to ensure a quick, stress-free deal:


1. Declutter. Any items that you don’t need while your home is on the market should be stored away. Not only will this help you get a headstart on packing, but it will also help your home look neat, clean, and more appealing to buyers.

“Clean homes will always attract more buyers.”

2. Paint. A fresh coat of paint on the interior of your home can completely transform its appearance. Be aware, though, that today’s buyers prefer a sleek, modern palette over the neutral tones that were once en vogue. Greys and blues are in right now, but don’t go overboard with vivid hues. You still want to make sure your home attracts a wide audience, rather than a small niche of buyers.

3. Renovate your kitchen. If necessary, a mid-range kitchen renovation can bring a high return on investment. Replacing old countertops is always a good place to start. It doesn’t cost as much as you think to make a few strategic upgrades.

4. Replace old appliances. Speaking of upgrades, if your kitchen’s appliances are outdated, consider swapping them out for new, stainless steel models. Buyers will love the utility and the modern aesthetic these new additions provide.

5. Replace old flooring. Switching carpet out for laminate flooring is a cost-effective option that buyers will love. After all, hard floors are trendy right now. 

 

If you have any other questions or would like more information, please give us a call at 408-799-2558 or email me at Sophie@SophieRealEstate.com. We’d be happy to sit down and go over home buying or home selling with you!