What Not to Do in Alaskan Real Estate

The beginning of spring marked a spike in Alaskan homebuyer confidence with many ready and willing to make a move to a new home in Fairbanks or Anchorage. But now as we get ready to head into summer, it seems home sellers are feeling just as confident. As you prepare to sell your Alaskan homes this year, take note of these costly seller mistakes that could spoil your excitement for your next dream home in Alaska.

Don't Choose the Wrong Realtor
One of the first steps you will take in selling your home in Alaska is choosing a real estate agent. It may be tempting to choose the one your friend recommends, but take the time to research. Madden Real Estate is happy to help answer any questions you may have about the Alaskan real estate market and can be just the team you need to sell your home and find you the next one that meets your home wish list.

Don't Forgo the Inspection
Before you sell your home, it is wise to conduct a home inspection to check the property for any structural, mechanical or pest problems. If your home is older, the inspection can really save you a lot of time and money in the long run, especially if a buyer caught the issues before you did. Finding and fixing these home problems ahead of the sale means you can budget for them and tend to them on your own time— without the hassle or oftentimes, extra money that comes with negotiating on the buyer's terms.

Don't Skip the Sales Prep
You may be eager to get to your next home in the Fairbanks or Anchorage area, but that doesn't mean you should neglect to prep your home for sale. That means touching up paint, replacing any broken fixtures, upgrading where you see fit. Avoid the temptation to list your home quickly and see how it goes as you may find that the property doesn't attract as much attention as you wanted it to. Do the prep and you'll see the return with Alaskan homebuyer interest.

Don't Overprice!
What's the one major factor that seems to trump all else when buying a home in Alaska? The price! Work with your real estate agent to find a price that fits your home's location, size and features. You don't want to overprice the property at the start and end up selling for much less later on. "If you don’t listen to your realtor and base your listing price on an inflated view of your home’s value, you’re likely to end up selling after multiple price drops for less than you would have if you priced it right the first time," advised Realtor.com.

If you're ready to sell, we're ready to help! Contact Madden Real Estate for tips on selling your Alaskan home in the right amount of time and at the right price.

Wes Madden, CEO/Broker
Madden Real Estate
(907) 452-3000

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