If you’re looking to sell your house, there are plenty of things you should consider before placing the “For Sale” sign in your front yard, which can help you get the best price possible and avoid wasting time and money. While selling your house isn’t an easy feat, you can ensure the process goes smoothly and end up with more cash in your pocket with the right tactics and strategies. Here are nine tips to help you sell your house for a larger profit:
1. Sell Your House Without a Realtor
Real estate agents are good at what they do, but depending on where you live, your realtor fees can add up quickly, making them an expense that’s not always worth bearing. Selling a house without a realtor will help save a good percentage of your home’s worth. Selling your property to one of the reputable home-buying companies is one of the best ways to sell quickly and at a fair price.
2. Get Your Property Assessed
Before you try to sell your home, you’ll want to make sure that it’s in good condition and worth what you think it is. Start by finding out what your property is worth. You can hire a professional appraiser, utilize web-based price comparison services, or walk around your neighborhood to see how your asking price compares to similar properties around town. This will give you an approximate idea of how much your property is worth and price accordingly to earn a larger profit.
3. Fix What’s Broken
If your home needs a little attention before it’s ready to hit the market, be sure to fix up what’s broken or outdated. Whether it’s something as simple as replacing a light fixture or tiling your bathroom floor, fixing these areas will help you sell faster. This will give you a greater sense of control over how much money you ultimately get for your property.
4. Clean Inside and Out
Buyers who want to create their style will be much more interested in houses that allow them to do that. Clean your house inside and out, remove items you no longer need, and stage rooms so they’re ready for prospective buyers. Decluttering your home can help you sell it more quickly and for a higher price.
5. Add a Fresh Coat of Paint
Houses with fresh paint not only tend to sell faster, but they also sell for more. Even if you’re looking to sell an older home, some new paint can improve curb appeal. Not only will painting inside and out improve your home’s appeal, but a fresh coat of paint will give it a boost in market value. While painting your property, don’t forget to pay special attention to doors and windows, since they define your home’s exterior.
6. Light It Up
Before taking photos of your home for sale, try to make it look as bright as possible. As a general rule, natural light is more flattering than artificial. Place mirrors in strategic spots to reflect more light throughout your home. Go through every room, one by one, and look for ways to make it appear brighter than it is.
7. Invest in Professional Home Staging
Staging your home is about making it look like a model cottage to inspire your buyers, show off your best features, and make their house hunting experience as easy as possible. Investing in professional staging can be a big draw for buyers and help you sell your house for a larger profit.
8. Show off Your Property’s Best Features
Make sure that prospective buyers can clearly see your property’s best features. What makes your home attractive and desirable? Do you have hardwood floors or a large kitchen? Make sure these elements are highlighted and accessible to visitors. Adding quality appliances and installing new flooring are quick updates to help you draw more attention to your property’s best features.
9. Avoid Common Sales Mistakes
There are several ways to avoid common sales mistakes when you’re trying to sell your house. The biggest mistake is failing to price your home correctly. If you price it incorrectly, no matter how well marketed it is, you’ll have little chance of attracting buyers who can afford it. Another common mistake is failing to do any marketing at all and shunning fair offers from willing buyers.
Selling your house can be a little challenging, even if you’ve already done it several times. Your main goal when selling your property is to earn significant returns out of your asset. Thankfully, there are some great tips and tricks to help maximize your investment profit when selling your house and make the whole process less painful.