Selling a home or any other type of property can be a huge event in your life. If done correctly, you can turn a big profit. Contrarily, failure will result in a huge loss. It’s important that you approach every deal as an informed seller. Keep reading for a host of ideas that will help you as you prepare to sell your property.
when putting your home on the market, upgrade to some new, energy-efficient appliances to help attract buyers. These additions can be very economical like LED light bulbs or they can be more costly like energy monitors. Choose additions with high energy ratings and you’ll capture the potential buyer’s interest.
If you are preparing to sell your home, rid your living space of as much clutter as possible. You’ll have less to pack at moving time, and buyers will be able to more easily visualize your house as their new home.
Inexpensive kitchen updates can play a major role in the appeal and value of your home. Your kitchen can take on a different look just by changing one appliance. Other common kitchen upgrades include: installing a large wood block island in the center of the room, and adding hanging storage. Keep in mind that replacing cabinets can be very expensive, so consider painting the existing cabinets to create a cheap new look.
Service your air conditioner and heater before you put your home on the market. Buyers generally do not want to buy a home that requires an immediate large investment, like the purchase of a furnace, so if your heater and AC are good, it is more appealing to potential buyers.
Bidding War
A bidding war could really be just what you are looking for. If you choose a selling price that is comparable to other properties in the area, you are more likely to attract serious inquiries. If multiple buyers are bidding for a home, it could cause a bidding war to ensue, which could in turn make the selling price for your home higher.
Whenever possible, attempt to sell your existing home prior to your target move date. Juggling two house payments can financially strap you. Allow yourself plenty of time to have your house on the market and make the sale.
For a very quick sell, price your home around 10 percent below the lowest-priced comparable home in your neighborhood. Buyers will be attracted by such a low price, and will flock to your house for a viewing.
Add appeal and make your home seem larger to prospective buyers by thoroughly decluttering. Closets should have very few items in them, be well-organized, and dust-free. Also clean out kitchen cabinets. You may want to consider a few gourmet, fancy packaged foods, which will add some sophistication.
Wipe down counter tops and appliances. Mop the floors, and clean your sinks, bathtubs and toilet. Tell your kids to place their toys away. Do not leave clothing or dirty laundry any place where it can be seen. Buyers will focus on the positive aspects of your home when there are no distractions.
When a buyer comes to look at your home, be sure to have all the curtains open. Potential buyers will love to see the brightness of your home because of the sunlight through the windows. Tie back all of your curtains and drapes, and raise shades or blinds. Weather permitting, you could also open windows to let in some fresh air, as this can make the home even more attractive to a prospective buyer.
Sometimes the real estate market is unpredictable. Avoid the complications by following the tips that we outlined in the above article. If you get the big things out of the way and pay close attention to the smaller objects, moving quickly should be a piece of cake.