Tips for selling your home:
First things firstóand first impressions are everything. Look at your home from a prospective homebuyerís view, especially as they first drive up to your house for the first time. Stand across the street and really look at your home. Does it look clean, well-kept, attractive, and welcoming? When your home is on the market, itís very important that your landscaping is well-groomed and your lawn is mowed 24/7. Plus, your driveway, exterior porches, and exterior walls must be clean, too. If the outside of your home isnít appealing, potential buyers arenít as likely to take a tour of the inside. Curb appeal draws buyers inside.
Hereís something to remember; letís 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 $230,000óbut thatís not necessarily true. While a remodel certainly adds some value, itís like buying a new car that depreciates in value the moment you drive it off the dealerís lot. Instead, concentrate on making small upgrades, such as
replacing the kitchen sink faucet or updating an old water heater. If your kitchen or bathroom is very outdated, youíll usually come out ahead by discounting the asking price, rather than making costly remodels.
Inside your home, while itís on the market, itís best to ďdepersonalize it.Ē Rememberóyour home is ďon showĒ and the best way to get it ready is to remove family photos, personalized art, collectibles and replace vibrant colors with neutrals. Declutter closets and keep it clean so that prospective buyers can easily visualize how they would like to decorate it and make it their own.
Next, choosing the right listing price is one of the most important aspects of selling your home. If you price it too low, youíll obviously leave money on the table, and if itís too high, youíll get few offers and watch it get stale on the market. Generally, hiring a real estate professional will save you time and money in the long run. Since a real estate agent is paid a percentage of your selling price, itís in their best interest to price it just right. They want to earn the highest commission possible, but they also want to earn a commission within a reasonable amount of selling time. Also,
real estate agents know the local market like the back of their hands. In the end, itís up to you, of course, but hiring a professional may help prevent many headaches from trying to sell on your own, and help keep your house from becoming stale on the market.