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Selling a Home in Madison Park

Erica Clibborn July 25, 2023


Your home is one of the most important investments you will ever make. Not only was it the place you made many memories for years, but it was also one of the most expensive purchases ever made. If you live in Madison Place, your home value has appreciated over the years. In fact, Madison Place is considered one of Seattle’s most affluent and highly sought-after neighborhoods. Buyers from all over are searching for the perfect home in Madison Park. This could include yours.

While you have had many beautiful memories in your home, there might come a day when it’s time to move on to the next stage of your life. If you are considering selling your home, there has never been a better time to list. Seattle’s property values keep increasing, and luxury homes have never been in higher demand. This also means you have the potential to earn an even greater profit than ever before.

If you are ready to sell, there are certain steps you will need to take to get your home market-ready. Here is everything you need to know about selling a home in Madison Park.

Preparing your home to sell

The decision to sell your home isn’t one you came to lightly. A lot of thought and consideration came when deciding it was time to move. When selling your home, there are many things you need to take care of before your home hits the market. Fortunately, plenty of resources can help take the worry and guesswork out of selling your home. Here are some of the steps you need to take before listing your property:

Interview real estate agents

Selling your home can be challenging. Not only do you have to worry about getting your home sold, but chances are you are also trying to find a new home while selling your current home. With so much to think about all at once, the last thing you want is to go at this alone. That’s why your first step should be to hire a Seattle real estate agent.

If you are listing your Madison Park home, you will want to work with the right agent to get your home sold. With so many choices out there, it can be overwhelming to know where to start. How do you know which agent is right for you? First, you want to work with an agent familiar with your local market. Ideally, they should specialize in Seattle luxury real estate. Interview multiple real estate agents.

Your choice of a realtor is too important to leave into the wrong hands. It’s okay to be selective. Ask as many questions as possible. Your goal is to work with the right agent. When interviewing an agent, ask them about the following:

  • Familiarity with your neighborhood
  • Previous experience selling luxury homes
  • Communication style
  • Proven marketing strategies
Above all, your goal is to work with someone reliable and trustworthy who will get your home sold.

Determine your home’s value

Once you have chosen a real estate agent, your next step is determining your home’s value. How much will your home sell for in Madison Park? Seattle has one of the hottest real estate markets in the country, with home values increasing every year. The median sales price for a Seattle home is $699,300, with Madison Park being one of the most expensive neighborhoods in the city. As such, you will likely sell your home for a profit if you price it right. How much do you know to list your home for?

You need to list your home for fair market value. Fair market value is determined based on what buyers in your local area are willing to pay for a home. Your agent will help you determine what fair market value is for your home, namely with a Comparative Market Analysis (CTA). This will show you want recent comparable homes in your neighborhood sold within the last three to six months and help you determine how much you should list your home for. The real work begins once you and your agent come together on a price.

Staging your home and taking photos

Now that you have set a listing price for your home, you will want to get your home ready for the market. This includes making your home showroom-worthy through professional staging and photography. Why is it so important to invest in these things? If you are listing a luxury home, you want to target luxury buyers searching for the most magnificent home in Madison Park. By hiring professional stagers and photographers, you present your home in its best light, making your listing more enticing for prospective buyers. Your goal is to get buyers through the door. You want to make a memorable first impression for your buyers.

By hiring a professional stager, they can highlight the best features of every room. This is achieved through artwork, to-scale furniture, and other elements that showcase your room. Ultimately, these features will help buyers imagine their things in your place. Once they imagine themselves living in your home, they are far more likely to submit an offer.

This same idea also applies to professional photography. High-quality images show your home in the best light. Pictures are also the first thing buyers will notice about your home. By investing in professional photography, you are far more likely to get buyers to book showings for your listing. Simply put, professional photographers get buyers through the door, and professional staging makes them stay. Once your home is ready for the market, it’s only a matter of time before it sells for top dollar.

The bottom line on selling a home in Madison Park

Are you ready to move? Whether you’re searching for new homes for sale in Madison Park or ready for a fresh start, you need an agent who will sell your house efficiently. As an elite real estate agent and a Seattle native, Erica Clibborn is your trusted Seattle luxury real estate expert. With her marketing expertise and local market insights, Erica will go above and beyond to get the price you deserve for your listing. Contact Erica today for your free home valuation. She’ll do the job right!

*Header photo courtesy of Shutterstock

WORK WITH ERICA

Erica thrives on living local. When she lived downtown, she contributed to the transformation and expansion of its communities. Her twenty years of experience have earned invaluable connections and her peers’ respect: In 2012, she joined Forum XXII, the invitation-only network for Seattle’s leading agents, and became one of 12 Executive Directors for Windermere’s Premier Properties program.