Even though we are in a seller’s market right now in real estate, it is still important for you to be careful when listing your home to sell. With the right price and the right updates to your home, it can fly off the market. However, too many people are careless when selling their homes and this can really hurt the amount you make.
With the right agent and a few simple steps, you can make your home fly off the market, giving you the best amount out of it and helping you to move on to the next chapter of your life. Some of the best-kept secrets to consider when selling your property include:
Price the Home Right
It is important to price the home right when it first hits the market. Your agent will be able to help you with this. While you want to make as much as possible, if you price the home too high, it will sit on the market forever and you will never get it sold. You may end up negotiating for way less than the home is worth.
You do not want to price the home too low either. This can make buyers worried that something is wrong with the home and they will not want to look at it or may lowball you even more.
A real estate agent can help you with this whether you are selling a home or buying a home. They can do a market analysis to figure out a fair price for your home, based on homes that have sold in your area that are similar to yours. Pricing the home right will get buyers in the door right away and many may be willing to offer more than the asking price, giving you more money in your pocket.
Keep the Closets Half-Empty
Every buyer who comes to your home will take a look at some of the storage that you have available. They want to make sure there is enough storage available for them to keep all their stuff. If the storage in your home is crowded or you do not have a ton of storage to start with, this could be a problem.
There is no such thing as too much storage in your home. A good place to start here is to take half the items out of your closet and pack them up or get rid of them. Then make sure everything that is left in the closet is organized. Keep everything neat and tidy for the buyers when they come in.
Add in the Lights
Before you list your home for sale, take the time to maximize the light in your home. After location, good lighting is going to be one of the top things that a buyer will cite as want in any home they pick. If your home is dark and hard to see in, it may be enough to keep the buyer from coming inside.
There are different ways that you can add more lights into your home. Some of these include:
- Takedown the drapes, especially if they are big and dark.
- Clean the windows to make them bright.
- Change out all of the lampshades to something brighter.
- Increase the wattage of the light bulbs or replace lightbulbs that are getting older.
- Cut down some of the bushes outside of your home to let in the sun
- Add more lights to each room
Each of these things can make your home look brighter and lighter, which can make the buyer feel more welcome inside the home too.
Don’t Over Upgrade Your Home
Quick fixes to the home before you sell it can always pay off and can make the home look better to those who would like to move in. However, a huge makeover to the home will not pay off. While you may love the big improvement project, it is unlikely that you will get the money back if you do this.
Pick out home improvements that will help your value, without spending too much time or money. Something like a quick coat of paint on the wall can help or clean the curtains. Replace some of the hardware on the cabinets and the door handles. Clean the grout and fix the leaky faucets.
These items may seem small, but they can really brighten up the home and make it look fresh and clean. And they will provide a much better return on your investment compared to doing a whole kitchen or bathroom remodel right before you sell.
Take the Home Out of the House
The next thing that you need to work on when selling your home is taking the home out of the house. You want to stage the property so the buyer can let their imagination fly. If you have too many personal touches around, then they will struggle to think of your home as their own.
Get rid of at least a third of your stuff and remove it from the walls and around the home. You plan to move anyway, so get some of the stuff packed up early. Remove the family pictures, the collections and the personal keepsakes that are around the home. You can even work with a home stager to help get the most out of the beauty of your home.
This may seem like you are making your home lose personality, but many buyers like to imagine the home the way they would use it. Removing some of your personal items and packing them away for your next home makes that a little easier and can help sell your home faster.
Getting Your Home Sold
When it is time to move on to the next chapter in your life, you want to make sure you sell your home the right way. This ensures that you make as much money as possible and can truly be set financially for your next adventure. Follow some of the best kept secrets above to help make selling your property easier.