Selling your luxury home in Lynnfield: Check these tips!

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You are ready to sell your home in Lynnfield. What’s next? While the real estate market in Lynnfield is expanding fast, sellers often have the hardest time finding the right buyers who are ready to pay the expected price. Negotiations frequently don’t move as expected, only adding to the chaos. Before you put your property on the list of homes for sale in Lynnfield MA, here are some tips. 

Find a reliable real estate agent

You want a local real estate agent who understands the market and has experience of at least a few years. Also, not all realtors deal with luxury homes, and if your property is designed for upscale buyers, you need to find an agent who can make the process simple for you. Meet at least a few real estate experts before choosing one. 

Decide the price

Unless you do a detailed comparative market analysis, it can be hard to put a number on your sale. Work with your agent to determine the approximate price you can expect. There are various factors that could influence that, including size, construction details, and overall condition of the property. Check the median costs and ask your agent about the recent sales in the same category. Also, you need to keep the price adequate enough for negotiation. Prospective buyers will try to bring down the final amount. 

Spend on a home inspection

While buyers often spend on independent home inspection, you should do that too as a seller. From electrical and plumbing systems to structural integrity and other add-ons, such as spa rooms, recreation rooms, yards, and other upscale inclusions, your home inspector will check everything. You can ensure transparency in the deal and look trustworthy to prospects. If required, you can take the home inspection report and determine whether you want to spend on a few improvements. 

Consider staging

Luxury homes should feel upscale and must be staged before prospective buyers come to visit. You may need to depersonalize a few things ensuring the property has great appeal. Declutter what is necessary, check if you need to redo painting and get rid of things that make the space look messy, such as toys and accessories. The first impression is everything, and if you can get the interiors and exteriors ready, the selling journey will be simpler. 

Get great photographs

Homebuyers often check real estate websites to understand if shortlisted properties are worth visiting. You may want to ask your agent whether they can recommend a photographer to get quality pictures of your luxury home. Choose a photographer who has worked in the field and can highlight the elements more likely to attract buyers. Luxury and upscale properties should have amazing pictures – period. 

Check if you can invest additionally

Buyers want to know if there are additional perks to choosing a luxury home. For instance, many prospective buyers would be happy to have smart properties, which are upgraded for electrical and HVAC components. Others may want better appliances and special elements, such as solar panels. Talk to your real estate agent and ask whether and what kind of new investments will help you sell sooner. Also, you should be able to recover the cost of such inclusions when you negotiate. 

Final word

Working with a reliable agent in Lynnfield can help get valuable insights about the local market. You can also expect to understand the trends and what steps would come in handy to streamline the selling cycle. Also, don’t settle for the first buyer – take your time and ensure you negotiate on the USPs of your luxury home, and your agent can do that for you. 

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