Here are five key real estate insights that every homeowner should know before selling their home:

Understand the Market Conditions

Knowing whether you’re in a buyer’s or seller’s market can significantly impact your selling strategy. In a seller's market, you may have more leverage to set higher prices and entertain multiple offers. In a buyer's market, you might need to be more flexible with pricing and negotiations to attract buyers.

Accurate Pricing is Crucial

Setting the right price for your home is essential. Overpricing can lead to your home sitting on the market for too long, while underpricing can result in lost potential profit. Work with a real estate agent to conduct a comparative market analysis (CMA) to determine a competitive and realistic price.

Enhance Curb Appeal and Stage Your Home 

First impressions matter. Investing in curb appeal—such as landscaping, fresh paint, and a clean exterior—can attract more buyers. Additionally, staging your home to highlight its best features and make it feel more inviting can help potential buyers envision themselves living there, which can lead to quicker and higher offers.

Disclose and Fix Major Issues 

Be transparent about any significant issues with your home, such as structural problems, plumbing issues, or roof damage. It's often beneficial to address and repair these issues before listing, as undisclosed problems discovered during an inspection can lead to renegotiations or a collapsed deal.

Consider the Costs of Selling 

Selling a home isn’t just about the sale price. Be aware of all associated costs, including real estate agent commissions, closing costs, potential repair costs, and moving expenses. Understanding these costs upfront can help you better plan your budget and avoid any surprises during the selling process.