Did you try to sell your home recently? Did it expire while it was on the market? If you answered yes to any of these questions then we can help you! Follow these 5 simple steps to help sell your home fast.
Selling Tip #1: Improve Your Curb Appeal
Nothing is more important than a first impression. So consider what a potential home buyer may think as he or she drives up to your property for the very first time.
Walk out into your street and look–and I mean really look–at your home to see its shortcomings. Is it attractive, clean, and well-kept, or does it need maintenance that you’ve been putting off?
After you’ve been in a home for a while, it can be difficult to see it objectively. So take suggestions from a real estate professional, friends, or prospective buyers about how to make it show better.
Selling Tip #2: Make Upgrades
So how much should you spend to upgrade your home before selling it? Well, remember that the return on investment, or ROI, on home improvements is generally less than 100%.
Let’s say your home is worth approximately $200,000, and you spend $30,000 to remodel the kitchen. Many people mistakenly believe that the home is now worth $230,000. That’s dead wrong.
While a remodel certainly adds some value, it’s like buying a new car that depreciates in value the moment you drive it off the dealer’s lot.
So, while I recommend making small upgrades–like replacing the kitchen sink faucet or updating an old water heater–I don’t suggest doing any major remodels. If you have a sorely outdated kitchen or bathroom, you’ll generally come out ahead by discounting the asking price, so a buyer can choose their own finishes.
Selling Tip #3: Depersonalize Your Home
After you improve your curb appeal and make necessary upgrades and repairs, it’s show time, baby!
The best way to get your home ready to show prospective buyers is to depersonalize it by removing family photos, quirky art and collectibles, and vibrant paint colors. Your goal is to create a soothing space that allows buyers to visualize their own family and lifestyle in the home–not yours.
Don’t take it personally, but no one likes your pet accessories, over-stuffed closets, movie collections, and clutter, except you. Simplify and neutralize your home as if it were a model home, because that’s exactly what it is while it’s on the market.
Selling Tip #4: Price Your Property Competitively
Choosing the right listing price is one of the most important tips for selling your home quickly. If your home is priced too low, you’ll obviously leave money on the table, and if it’s too high, you’ll get few offers and watch it get stale on the market.
Many times, sellers try to sell property without hiring a real estate professional, because they believe it will save money in the long run. I can tell you that the good ones will save you both money and time.
Since a real estate agent is paid a percentage of your selling price, it’s in his or her best interest to price it perfectly. They want to earn the highest commission possible, but they also want to earn a commission within a reasonable amount of selling time.
Selling Tip #5: Hire a Professional Photographer
Most homebuyers start looking for a property online or in local home magazines. That means you need to have great images that accentuate your home’s best features and selling points.
After you’ve improved curb appeal, made necessary upgrades, and depersonalized the interior spaces, consider hiring a professional photographer to take high-quality images, in the best light.
These great images will inspire buyers to come to your open houses or request a tour. Make sure you or your Realtor post the listing online,
you follow these tips, you’ll have a leg up on the local competition–and will attract as many buyers as possible, for the right price.