As the number of homes for sale continues to rise by over 8% from last year, buyers are gaining an advantage in the market. Homes are taking longer to sell, pressuring sellers to make their properties more appealing through simple enhancements. Real estate broker Zell Melendez suggests that sellers can significantly boost their home’s perceived value with minimal investment by making strategic updates, such as upgrading hardware in kitchens and bathrooms. These changes can create a more desirable first impression, encouraging buyers to see the home’s potential and move forward with offers.
Buyers might have a slight advantage as the number of homes for sale continues to climb-but for sellers, this means they need to stand out in a competitive market.
New listings rose again last week, up 8.2% compared with the same period last year, according to Realtor.com® economists.
Melendez says first impressions can entice a potential buyer to "move to the next room" if they like what they see.
Swap out those tired, shiny brass knobs for bold, matte black. It's sleek. It's modern. It's the 'eyebrow raise' your home needs.
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