There are a variety of different reasons why homeowners choose to move, but one thing is common among them all: making the most money on the sale of your home. After all, nobody wants to be upside down on a home sale, and making money on your home can allow you to either put a large down payment on another house or use that money for something else, such as paying off debt or using as a retirement fund.
In order to get the most money out of your home, you need to make it stand out from others in the area. By doing the following six things, you can make your home the most desirable one in the neighborhood.
1. Enhance the curb appeal.
When buyers look at online listings or travel past homes for sale, the first thing they will see is an outside image of the home. If the exterior of your home needs a lot of work or looks run down, it will deter people from considering your home. This is why it’s very important you focus on the outside of your home. Be sure to fix any areas that need attention, such as broken railings or windows. In addition, consider a fresh coat of paint or wash down any brick that may be dirty. Finally, add some life to the area by planting flowers or adding some exterior décor to make your home more inviting. When you do this, you’ll make your home stand out.
2. Organize the home.
Every buyer has different taste, so there’s no guarantee that your current furniture or style will appeal to everyone. However, if you can remove the clutter from your home and keep it organized, it enhances the current space and gives buyers a sense of what they can work with. Before you list your home, be sure to go through closets, bedrooms, storage areas, etc. and remove anything you no longer need. Consider donating these goods or place them in another storage area away from the home until you move.
3. Do the necessary updates.
Most homeowners aren’t interested in walking into a project, so you need to be sure that your home is ready to live in. If you started a project and didn’t finish, you’ll want to have it finished before you put the home up for sale. In addition, if your home is dated, such as with brass finishes or fluorescent lighting, you’ll want to replace these to be more modern. By doing this, you’ll create a look that buyers will want to make their own.
4. Consider home automation.
If you can do something to actually make your home stand out from other homes in the area, this can be a great way to get buyers in the door. For instance, consider home automation security systems, which can use technology to keep an eye on the home and ensure homeowners are protected. This can stand out as a wonderful feature for potential buyers, and they’ll be more excited to buy a home that appeals to all their needs.
5. Price it right.
While you want to get the most money out of your home, it’s also important that you price it right. After all, if you price your home too high, you’ll deter people from looking at it. Make sure that you compare your home to others in the neighborhood and use that to gauge the right price for your home. In addition, you want to keep in mind what you’d really like to get for it, so be sure to list it a little higher due to the negotiating process.
6. Use a realtor.
Some homeowners prefer to sell their home by owner, and while this can allow you to make more money because you don’t have to pay a realtor, using the resources realtors provide can actually allow you to get the most bang for your buck. That’s because realtors can market your home for you and reach a group of buyers you may not have access to. Take some time to choose the right realtor for your home.
Selling your home is an important decision, so it’s a good idea to do everything you can to get the most money out of your home by using the above-mentioned six tips.
Source: Realty Times