Markets SHIFT. There are always different variables that effect what your house sells for. But when you are a home owner – there are things that you can do that can bring you more net at the end of the day when you sell your house. It doesn’t matter whether homes are flying off the shelves or they’re sitting, and sitting, AND SITTING.
Here is a list of things that you CAN CONTROL to bring you more money when you do decide to sell your house.
- Kitchens and bathrooms sell the home. I cannot stress this point enough. Where do people gather when the family is together or the friends are over? The kitchen. If you can have a space that people are drawn to and inspired with you will easily cause someone to fall in love with your house. The “throne room” per say has a little bit of a different ideal. I don’t know if it’s the décor – or the idea of soaking in a tub that you’ll use maybe once a month but people like the idea of having a space of peace. So if you’re trying to get the biggest bang for your buck these are worth the investment.
- The condition of your house can make people fall in love or want to run. When someone is looking for the place that they want to build their life – or their next few years, they love to see what their life would be like as they are touring the home. Make it easy for them! We are Americans, we love efficiency. Instead of having them notice the carpets that needs replacing, the paint that’s chipping, and the clashing patterns everywhere, do your part! Put a fresh coat of a light and neutral paint on the walls, replace the carpet with something neutral, and for the love of God please put away your patterned everything! You want someone to walk in and think of this house as a clean slate! This is no longer a home where you’ve made memories. You want someone to imagine THEIR new memories from this day forward.
- Your choice of an agent is vital when it is time to sell. What does your agent offer you? Are they going to advertise your home on the most websites? Are they going to get you professional photos or are they going to take some pictures on their cell phone? Are they going to tell you what you want to hear, or tell you what is really going on in our market? There is a huge difference between an agent who does the bare minimum and an agent that is going to go above and beyond what is required of them to get you the most money for your home. That is OUR JOB. Choose wisely, get a second opinion, this is a HUGE investment of your time, memories, and money. Don’t take it lightly.
- Price will determine how long your house will sit on the market. Back in the day when people would put their home on the market they would price it over what they want for the home. And then they’d wait for the under-the-asking-price offers to negotiate those up. Now, 90% of buyers are finding their homes through the internet. How do they do that? Well, they have a search that is created – with that search they set a price range, desired bedrooms, square footage, etc. Do you know that buyers aren’t typically setting their search up for more than they’re pre-qualified for? So, if your home should be selling for the price that all of the other homes around you are selling for but you’re overpricing it the BUYERS WONT SEE IT IN THEIR SEARCH. This means that 90% of buyers don’t know your house is on the market. It’s no wonder why homes sit for a longer period of time when a house is overpriced. Listen to your agents recommendations on price, look at what the homes around you are selling for, and be competitive. This isn’t a waiting game, this is a competition. And no offense – but the most competitively priced home wins – this means that the most competitevly priced house ends up selling for the most money. No matter how much of a treasure your home may be.
These are just a few things that you can do to get the most money from your home. It’s always good to know what you’re up against. If you have any inquiries about buying or selling contact me and my team to see what your house is worth.