Selling your house is not an easy feat. It is a tedious and confusing process, especially if you’re doing it for the first time. There are multiple challenges you can encounter and even market secrets to discover along the way. However, remember that selling your house for a reasonable amount is not an impossible thing to achieve.
You should know about the various essential things when selling your house, especially if you want to make the most profit. Hence, here are five fool-proof ways to increase your house’s worth.
Clean, Declutter, and Depersonalize
One of the easiest ways to entice buyers into purchasing your house is by cleaning it thoroughly. Make sure that every nook and cranny is spotless clean because no buyer wants a dirty house. Take special care of secret corners in your house, including the bathroom and the closets.
While cleaning your house, you can also rearrange your furniture to showcase its actual space. You can hide bulky and unnecessary items in your storage so buyers can move around your house comfortably. You can also show off your closet space by emptying half of it and organizing what’s left.
You also have to remember that you are selling your house, not your home. So, hide any personal items, especially when a potential buyer visits your house. These include family photos, medals, trophies, memorabilia, and many more. Potential buyers will envision themselves living in your house, and it’s hard to do so when personal items are lying around.
By simply cleaning, you can make your home more inviting.
Take Time to Make Essential Repairs
Consider investing some money in your house before selling it. This can be done by doing minor yet essential repairs and renovations to increase its market value. However, you have to be sensible about the cost of your upgrade.
You can always start by replacing any broken door handles, faulty closet doors, and dimmed light bulbs. Repairing broken windows or leaky faucets is a good move too. You can also buy new and inexpensive curtains that compliment your house to make it more appealing. If you have a bigger budget, you can get a fresh coat of paint, upgrade the kitchen, or improve the bathroom.
Also, doing major upgrades can be timely and lead to unexpected expenses, which is why they’re not recommended unless you’re sure they can increase your house’s market value. You have to ensure that the upgrades you’re doing will pay off.
First Impression Matters
The first impression only happens once, which is why it’s essential to boost your curb appeal. Even before stepping inside your house, your potential buyers are already judging it. That’s why you have to make your buyers feel welcomed when they visit your house. The best way to do that is to impress them with your house’s exterior and entryways.
Simple touches, such as bright flowers, potted plants, and inexpensive shrubs around your house can help you create an inviting atmosphere. You can also place a bench right outside your door for a homier feel.
It is also wise to pay attention to your entryways. You can create a particular spot for your keys and coats. In addition, a painting at the door or adding a new light fixture can create a good tone. Lastly, a vase with newly cut flowers and even a plate of cookies can help you seal the deal.
Set the Right Price
Setting the right price for your house can be tricky. You always want to get the most profit when you are selling your house. However, if you price your house too high, it can scare off potential buyers, and if you price it too low, you might risk losing a significant amount of money.
The first thing you need to do is find out how much your house is worth. Then, you take out 15% to 20% of that price. You will be shocked by how many potential buyers will be interested in your place. They can bid until the price is over what your house is originally worth. This strategy takes real courage, but it is one of the best strategies in today’s market.
Determine How You’re Going to Sell
Nowadays, you have multiple options on how to sell your house. Each method has its own advantages and disadvantages.
The most common way is selling the house with the help of a real estate agent. These professionals will help you the entire time, including marketing the house, preparing all the necessary paperwork, and communicating with the buyer’s agent. They can also coach you in multiple aspects, such as the incentives, pricing, and market expectations. However, you have to remember that this agent will charge a 5% – 6% commission.
Another option for selling your house is the “for sale by owner” method or FSBO. In FSBO, you will decide and prepare everything you need. This method can save you some money, but it requires more time and effort on your part because everything has to be handled by yourself. You can also sell your house as-is through trusted sites such as Sundae.
Both methods are beneficial, and it is totally up to you to decide how you’re going to sell your house.
The Bottom Line
Everybody always wants to get the best deal they can when selling a house, and the easiest way to do that is to make your home stand out. There are many easy yet helpful things you can do to achieve this objective. The five mentioned above are only a few of them. You can always learn more through research, being observant, and asking experts.
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