Texomaland has a hopping real estate market. Its popularity means many homebuyers are seeking Lake Texoma real estate for sale. But the competitiveness can also hamper your ability to sell your home quickly. How can homeowners selling houses on Lake Texoma stand out, attract more potential buyers, and entice them to bid up the price?
If you have a Lake Texoma home for sale, here’s what you need to know to sell it fast and get the top dollar.
Got Lake Texoma Real Estate for Sale? Follow These Top Tips
Houses on Lake Texoma are in demand. However, it doesn’t mean homebuyers will come knocking at your door. From pricing and home staging to marketing and preparing for showings, here’s how to get your property to the top of homebuyers’ lists.
1. Set the Right Price
Seventy percent of top real estate agents from one survey said most sellers overprice their homes. To determine your listing price, research what houses on Lake Texoma like yours sold for recently and calculate the price per square foot of comparable sales. Your real estate agent can prepare a comparative market analysis to give you an overview of the market landscape.
Most experts recommend erring on the side of underpricing your home. This approach will help your home appear in more searches, since buyers often set a maximum price when they look at online listings. However, most buyers are willing to stretch their budget if they find their dream home. Additionally, pricing your home below market value may help attract more attention and get multiple offers — you can always turn down ones that are too low.
2. Stage Your Home
Home staging is a tried-and-tested marketing tool for houses on Lake Texoma. Declutter and depersonalize your space to increase the home’s appeal. Clutter distracts potential buyers from appreciating your home’s best features while creating an impression of having limited space. Also, replace personal items with neutral objects like coffee table books, landscape images, candles, or a vase of flowers.
Refresh your design and decor to make the space warm and inviting. Use furniture items sized appropriately for each room and that highlight desirable characteristics of each area. For example, low furniture can help a house with a high ceiling feel even airier. Also, arrange the furniture to optimize traffic flow — potential buyers should be able to navigate the space easily. Disruptions (e.g., furniture blocking the way) can make a room feel clunky and small.
3. Maximize Your Listing’s Appeal
Effective marketing is essential for reaching more prospects. Invest in professional photography to build a solid foundation and make your online listing as attractive as possible. Catch the early morning or evening light (i.e. the golden hour), and don’t forget to showcase the property’s shoreline appeal and water view. Arrange the images in a logical order in your listing, starting with an attractive exterior shot to make a positive first impression.
Highlight the property’s unique features with accurate, detailed, and engaging descriptions. For houses on Lake Texoma, emphasize lake view, access to marinas and water sports, and various entertainment options like local resorts and casinos. An experienced real estate agent who understands the area will help you create an appealing listing and promote it online via various platforms.
4. Perform Repairs and Touch-Ups
Minor repairs and touch-ups help improve a property’s perceived value. Identify issues and address them before opening your property to potential buyers. For example, mow the lawn, replace bald patches in the grass, and trim the trees. Fix cracks and pressure-wash stains on the pavement or driveway. Also, add a fresh coat of paint on your fence and mailbox to increase the home’s curb appeal.
Check your doors and upgrade the hardware, if necessary, to ensure hinges and locks work. Cover holes, stains, and cracks in the walls, deep-clean the carpets, and restain hardwood floors. Choose a neutral shade if you give your rooms a new coat of paint. Patch up leaks in the ceiling, freshen up caulking in the bathroom, and fix damages on the baseboards — remember, the devil is in the details!
5. Be Show-Ready Anytime
Being flexible with your showing schedule allows you to get in front of more potential buyers. Clean and tidy the house before every showing, and always keep your home in tip-top shape to accommodate last-minute requests. For example, don’t leave dishes in the sink, unload the dishwasher immediately, keep the bathrooms clean, and ensure every corner of the house is dust-free.
6. Partner with a Reputable Real Estate Agent
Selling houses in Lake Texoma involves many nuances. A knowledgeable and trustworthy realtor can provide valuable insights and help you streamline the process. Your real estate agent should understand the local market, know what makes buyers tick, and have a proven track record in handling Lake Texoma real estate for sale.
Your real estate agent should guide you at every step, from determining a marketing strategy and overseeing the professional photographer to staging your home and aiding you in negotiating the best price. Also, they will help you create an appealing real estate listing, schedule and host showings, and get your property in front of the most qualified potential buyers.
Tap Into Decades of Lake Texoma Real Estate Experience
At American Dream Reality, our team of experts has decades of experience handling Lake Texoma homes for sale. We combine real estate best practices with our deep understanding of the local market to help you navigate the home-selling process and put your listing in front of the ideal buyer. Schedule a time to chat with us to see how we can help you sell your house on Lake Texoma quickly and profitably.
