A market that is favorable to buyers means that there are more homes for sale than there are buyers at the time. Houses that aren't really prepared for the market will sit longer, as will houses that are priced too high. While you can still sell your home when it's a buyer's market, it means that you will probably have to make concessions. Buyers know that they have the upper hand, and you want to make sure that your home is a good deal for the price listed. When you take the time to thoroughly clean your home and complete all necessary maintenance, you'll be better prepared to sell your home.
Always Be Ready for a Showing
When the market doesn't have a lot of buyers, you always want to be ready to show your house. This means you should take care of the clutter before it builds up and have your home as clean as you can keep it. If your real estate agent knows that they can show your home with a moment's notice, more buyers are going to see your property and potentially make an offer.
Be Willing to Negotiate on Price
Buyers know when you aren't getting offers on your property. If you need to sell your home fast, you have to be willing to negotiate on the price. Talk to your real estate agent about comparable properties in the area, but understand that your home may sell for less than you want it to. If you can afford to remain in your home longer, you can wait it out to see if you get your asking price.
Make All Small Maintenance Repairs
The last thing a potential home buyer wants to see is a house that is in rough shape. If a light switch doesn't work or only one burner on the stove turns on, get these repairs made. If you have small problems with your home, savvy buyers are going to assume there are bigger problems lurking under the surface. Invest in a new coat of paint for most rooms and get your maintenance done.
When you want to sell your home, clean it inside and out. A dirty house has little appeal to buyers. Pay attention to the details, and talk to your real estate agent about reasonable pricing. If you need to sell and get an offer, think about the offer before immediately rejecting it. You can sell your home in a buyer's market, but it will take some work.