Five Real Estate Resolutions for 2021 | Paid Column

Wally Gudgell

by Wally Gudgell

Gudgell Group, 360-376-2172, https://gudgellgroup.com/

Never has a year brought such a surge of new homeowners to the San Juan Islands as 2020. Recognized by NORTHWEST PUBLIC BROADCASTING as a ‘Zoom Town,’ our wired-for-remote-work communities, natural beauty and mellow island lifestyle were strong appeals for people looking to relocate from work-from-home, school-from-home, or stuck-at-home lives.

As we adjusted to pandemic life, historic low-interest rates pushed record-setting sales. According to the Northwest Multiple Listing Service (NWMLS), San Juan County wrapped 2020 with a 54% jump in the number of closed sales year over year, closed sale dollar value was up over 66%, and inventory was down by over 67%. The number of closed sales in the Orcas District was even higher with a 66% increase.

For people who’ve contemplated selling, the predicted continuation of low-interest rates and a seller’s market should make 2021 another advantageous year for marketing a home. You may want to start your year by outlining daily, weekly and monthly activities on a calendar dedicated to tracking the tasks involved. Here are five resolutions to get the ball rolling.

1. MEET NEW PEOPLE: interview several brokers to find the best fit for you and your needs. Finding the right team is key in making your experience as smooth as possible. Hiring a qualified home inspector for a pre-inspection can also be beneficial. This enables you to identify and address any issues that may be concerning for potential buyers.

2. LEARN SOMETHING NEW: watch your market, taking note of comparable homes and trends to help you present your home at its best. Suggestions for staging from your broker or other professionals can help you accent your home’s finest features.

3. STOP PROCRASTINATING: the biggest challenge in achieving goals is procrastination. Hiring a broker and/or broker’s team can keep you moving forward to meet critical deadlines for preparing, marketing, showing, and ultimately selling your home.

4. GET IN SHAPE: just like our physical and mental health, getting our home and financials in shape can be immensely rewarding. Organizing, decluttering, and depersonalizing enhance showings and make transitions easier when it’s time to move. Contact your lender to review your payoff and identify your budget needs for your next home.

5. KEEP A JOURNAL: preparing for and selling your home can be intense. Journaling is an effective exercise for alleviating anxiety as well as documenting your journey.

If COVID derailed plans to sell your home last year perhaps 2021 is the time for a fresh start. You can find a New Year’s Resolution worksheet at www.GudgellGroup.com/Blog/Gudgell-Group-Blog.

Happy New Year!