Selling a house in San Francisco for the first time can be a daunting experience. You may find yourself juggling a thousand tasks, from decluttering and staging to finding the right real estate agent and setting the right price. But fear not! This isn’t your first rodeo, and with the right strategy, you can sell your house like a pro. In this article, we’ll reveal some insider tips and tricks to help you navigate the San Francisco real estate market like a seasoned veteran, and even have some fun along the way! So, if you’re ready to unlock the secrets of first-time house selling in San Francisco, let’s dive in!
Hire a Professional to Make Repairs
When it comes to selling a house, first impressions are everything. That’s why it’s crucial to get your property in top shape before listing it on the market. But with so many repairs and improvements to make, where do you start? According to a survey by HomeLight, an online real estate platform, hiring a professional to make repairs can actually save you time and money in the long run. In fact, 86% of real estate agents recommend getting a pro on board to handle home improvement projects.
So, don’t let those unsightly holes in the wall or chipped paint ruin your chances of a successful sale. Instead, compile a list of must-do projects for your handyman and get ready to make your San Francisco house shine! In this article, we’ll cover some essential repairs and improvements to make before selling your house for the first time. Let’s get started!
Stage It
Staging your San Francisco home is a crucial step in the selling process, and it’s one that first-time sellers should take seriously. According to a report by HomeLight, a real estate referral company, staged homes in San Francisco sell for an average of 6.1% more than non-staged homes.
The same report also revealed that the average cost of staging a home in San Francisco ranges from $1,500 to $5,000. While this may seem like a significant investment, it’s important to remember that staging can have a significant impact on your home’s sale price.
By showcasing your home’s best features and creating an inviting atmosphere, staging can help potential buyers envision themselves living in the space. Before beginning the staging process, be sure to thoroughly declutter and depersonalize the space, removing any items that could distract from the home’s best features.
Investing in staging your San Francisco home can be a smart move, as it can help your home sell faster and for more money. With the average cost of staging ranging from $1,500 to $5,000, it’s important to consider the potential return on investment when deciding whether to stage your home before listing it for sale.
Get Top-Notch Listing Photos
When it comes to selling your house, great listing photos are crucial in attracting potential buyers, especially in today’s digital age where most house hunting is done online. In fact, according to a report by the National Association of Realtors, 44% of home buyers start their search online.
Investing in professional-quality listing photos can make all the difference in how quickly and for how much your home sells. Homes with high-quality photos receive an average of 118% more online views than those without. Additionally, listings with professional photos sell for an average of $11,200 more than those with amateur photos.
To get the best results, it’s recommended that you hire a professional real estate photographer. The average cost of hiring a real estate photographer in San Francisco is around $200-$500 per shoot. While this may seem like an additional expense, it can pay off in the long run by attracting more potential buyers and ultimately leading to a quicker sale and higher sale price.
Price It Correctly
Correctly pricing your home is crucial to a successful sale, but it can be a challenge for first-time sellers. Pricing your home too high can deter potential buyers, while pricing it too low may result in a lower sale price than what your home is worth.
According to a report by Zillow, homes with a price cut stay on the market for an average of 72 days longer than homes without a price cut. Additionally, homes that are initially priced too high may end up selling for less than market value. In fact, a study by the National Bureau of Economic Research found that homes that had to undergo a price reduction sold for an average of 3% less than homes that were priced correctly from the start.
To ensure that you price your home correctly, it’s recommended that you have a San Francisco agent perform a comparative market analysis. This analysis takes into account the recent sale prices of similar homes in your neighborhood and can help you determine the optimal price for your home.
It’s important to note that pricing your home correctly from the start can also lead to a quicker sale. Homes that are priced correctly from the beginning spend an average of 22 fewer days on the market than those that are initially overpriced. So, while it may be tempting to price your home higher to leave room for negotiation, it’s essential to find the right balance and work with your agent to set a competitive price.
Hire an Experienced San Francisco Agent
If you’re a first-time home seller in San Francisco, it’s highly recommended that you hire an experienced local agent to help you navigate the process and secure the best possible deal. A skilled agent can provide invaluable guidance, handle negotiations, and ensure that you’re meeting all legal requirements. With our team of expert agents, you’ll have access to years of experience and industry knowledge. Don’t wait to get started contact me today at 415-830-1423.
