3 Tips to Maximize Your House’s Value When You Sell
1) First, do your research. Find out the area conditions for your community. Depending on your location, there may be better/worse times to sell. When you’ve made a decision to sell, generally there are three different amounts of service that you may want to consider:
– Sell the house yourself (FSBO)
– List your with a Low cost / Flat cost broker
– Utilize a complete service real estate agent/brokerage
If you are willing to sell the house yourself, remember that you will certainly bear the responsibility of marketing your property, along with full legal disclosures, inspections, appraisals and the like. You should become very comfortable and at ease with real estate related documents, and secure with the legal significance of the transaction.
You can also decide to employ a discount broker, who is going to assist you sell your house. Depending on the broker you select, you might be get some assistance with marketing, open houses, disclosures, title/escrow, etc. Find away if your listing is going to be posted on their website and the MULTIPLE LISTING SERVICE or LOCAL MLS found in your area. Each broker is different, so make sure you get references from previous clients.
If you wish to market your house for the greatest pool of prospects, list your house with a full-service broker/firm. Now, prior to you picking up the phonebook or check that postcard you received found in the mail, be sure to take time to check out, and interview more than one agent/agency.
The agent that handles your home’s listing should:
– Have a detailed advertising plan for your property, including online and off-line marketing
– Make a Comparative Market Analysis (CMA) of properties in the area which have sold, as well as properties presently listed for sale.
– Help you determine the best price for your property
– Advice on recommended home improvements
During the time that your home is on the market, potential homebuyers will make visits to view your house, along with the planned open-houses that you just or perhaps your agent may plan. Try to evaluate the house as if you are seeing it the first time. Buyers need to visualize themselves moving into the house, so be careful to present the property in it’s best light. Put your self inside the position of a potential buyer and view the property beginning at the front, detailing the most cost-effective improvements to make.
2) Tidy up as much as conceivable. You may want to paint walls (neutral shades are best) or jazz up wallpaper. Replace aged flooring and worn carpets. Check and repair broken or unsightly caulking found in the tubs. If possible, hire a cleaning service. Display the best linens, towels, and shower curtains. Make the beds, and put new flower arrangements on the table. Make sure that there are no offensive odors in the home. Odor is the very first thing thing buyers notice, and typically an everlasting turnoff for potential buyers.
3) Help to make your house their new home. Put away or perhaps pack small appliances and other items which may be sitting on countertops or perhaps tables throughout the home. You want buyers to visualize the area in every room and it’s best to remove as many smaller sized items as possible. Take out personal items, and pictures. Move excess home furniture to make rooms appear more spacious. Replace heavy draperies with sheer window coverings that let in more light. Clean and organize the closets.