The latest Days on Market data (October 2020) from the Real Estate Institute of Victoria revealed that the average Victorian home is spending just 33 days on the market before being sold, the lowest recorded since 2009.
REIV President Leah Calnan says that the Victorian real estate market is starting to shine post COVID-19 restrictions with homes across the State taking less time to sell. Victorian real estate agents are enthusiastically servicing buyers returing to the market. “With homes in Victoria taking less time to sell, optimism is returning to the Victorian Real Estate Market.” Ms Calnan said “Days on Market is a strong indicator of buyers desire. Competition between buyers is heating up, and people aren’t waiting to purchase the property they want.” Property Partners are experiencing this first hand with incredible buyer enquiry levels, short days on market and multiple offers. Our recent sale in Warburton was on for 8 days with 7 offers and SOLD in excess of the top price range.
Our top tips to stage your home to sell
Here are our top three tips of being able to successfully stage your house:
- De clutter! Take out half of your furniture and re organise each room to maximise space.
- All of those unfinished projects- well finish them! Present your house in its best possible light. Fix the fence, fix the letter box, does it need a paint?
- Make your home neutral so that it doesn’t lend itself to specific demographic- you can keep your options open to the type of person who could possibly like your house. Keeping your house neutral also gives potential buyers the opportunity to visualise themselves in the home.
The process of staging your house to help sell has become more popular over the past several years as it is a great way to highlight the best parts of your house and it also helps potential buyers to imagine themselves living in the house.
It can be a small financial outlay or a significant cost to hire furniture or a professional. However, if you are on a tight budget you can do it yourself with a little bit of creativity and being to view your house objectively.
When we come out to appraise your home we will advise you on specific things for you to highlight when staging your house to help achieve the best outcome.
We will help you make those decisions when you are ready to sell.