Repeat buyers, especially move-up buyers, tend to want their next home to be in great condition. Usually, when homes are located in a neighborhood that attracts those buyers, homes need to be pristine to stand out from the rest. This can be achieved in part by getting the home preinspected. Research shows that 8% of sellers have a prelisting inspection before putting their home on the market.
49% of buyers end up purchasing a home in excellent condition while 40% purchase a home in good condition.
In the current market, it is fundamental for sellers to make essential repairs to their homes before listing, and curb appeal is particularly important. This is often a first step to getting buyers in the door. Sellers who choose to make enhancements to their front yards tend to have good-to-excellent results in comparison to the 68% who don't. By boosting curb appeal, sellers tend to receive their first offer six days faster and sell seven days sooner than sellers who choose not to focus on first impressions.
47% of sellers enhance their curb appeal by making changes up to five weeks in advance of listing the home. Sellers tend to spend between $150 and $1,000 when improving their curb appeal.
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