The process of selling a home consists of equal parts excitement and frustration. In a competitive market with thousands of other properties that prospective buyers are checking out, you need to do everything possible to come out ahead.
Homeowners that enjoy the benefits of selling quickly and close to their target price are not always lucky; they simply know what buyers are looking for and take advantage of the situation. If you want to sell your property fast and make a profit, you have to step out of your seller shoes!
From on the Market to Money in the Bank
- Make your house a blank slate
Buyers need to envision the space as their own, which for you means cleaning the canvas and starting fresh. During the time your home is on the market, you have to keep the space looking as minimalist as possible. Neutral-colored walls and limited furniture/household belongings might be off-putting for you, but they are a dream come true for potential buyers. For the time being, place non essential possessions in a temporary storage unit. Believe it or not, this a tried and true method of selling your home at the highest potential rate possible.
- Two words- Curb Appeal
There is no way around it, people judge homes by their outer appearance. Unkempt landscaping and an outdated entryway can immediately turn away potential buyers, so get busy upgrading your property’s outdoor appeal. Install a few shrubs, buy new doors and windows, and repaint the exterior to ensure the best bang for your buck.
- Consider Investing in a Renovation
Budget permitting, a surefire way to increase equity is by remodeling the kitchen, bathroom, or master suite. These three areas are the money making rooms of every home, and are guaranteed to provide an excellent ROI. Even something as simple as installing a new toilet or refinishing old kitchen cabinets can do wonders for your home’s selling potential.
The list does not stop here. You will also want to clean your home from top to bottom (and keep it that way while it is listed), perform every bit of routine maintenance that you may be slacking on, and hire a qualified, local real estate agent. Attempting to handle the sale solo is more difficult than most people think. Working with an expert costs a bit more up front, but often pays in spades!