Hello World! Welcome Friends! The home is the largest investing opportunity that a majority of people make in their lives. For this reason it could not be more important to try to maximize your return on your investment in the home. Those who have lived in a booming housing market for a few years will know they will turn a profit. For those in markets that have not done as well getting your home ready to be sold might be the only way to recover your down payment. Be as proactive as you can when it comes to getting your home ready. A homeowner might not think a potential buyer will be too critical of carpet or other older features. In some cases this is correct but most buyers do not want a multitude of repairs and renovations to be done right after moving. The following are ways to get your home ready to be sold as well as getting yourself personally ready.
Take a Look At Your Local Housing Market
The single most important thing that you can do is to make sure that your local housing market has been flourishing for the past couple of years. Selling a year apart can cost a seller hundreds of thousands of dollars for more expensive homes. Find a personal connection that works in the real estate industry like a mortgage broker or a realtor. Simply ask these people if the market is good to sell as they will have deeper insights than what is offered online. Make sure this is a personal connection as a regular realtor might tell you the market is perfect in order to gain another client.
Renovate To Boost Value
Renovating your home before you sell it might seem counterintuitive for many sellers. There are renovations that will add much than the cost of the renovation to the home’s value. Finding a company to make your home’s lawn and bushes look incredible will have a huge return on investment. Curb appeal is important to many buyers and usually this does not take much money to do. Something like installing a new door or simply painting the door can have a huge impact. Energy efficient renovations like that of windows can be extremely appealing to buyers. Being able to cut the energy bill for the duration of living in the home can lead to much higher offers. Cabinets in the kitchen can make the kitchen perfect but there are many differing opinions on cabinets for this to be worth it.
Check The Roof and Plumbing
The roof and the plumbing are two areas that you need to get up to par before you decide to sell your home. Even a bit of roof maintenance can help a home pass an inspection as many buyers will ask for a new roof. This can cost tens of thousands of dollars alone with many buyers walking out of the deal if it is not done. Plumbing is another area that can be extremely important to have fixed before problems compound. Fix It Right Plumbing can handle any of this work at an affordable rate. Do not hire those who are not certified plumbers. These types of handymen do not usually carry their own insurance to work on homes in case of injury or accident.
Have Someone Stage Your Home
A professional staging company helping out with selling your home can add thousands of dollars on the offer you receive. The furniture that they bring in can help accentuate the positive features of your home. The investment in this nearly is always worth it as many people do not have the best furniture and do not want to replace it as they are moving. Homes that are empty of furniture can make it difficult for a buyer to visualize how they would set the home up. A buyer has to be able to see themselves living in the home in order to receive an offer. Those people with pets also do not want their furniture to smell like dogs or cats. Odor can be a make or break detail for many buyers as buying the “stinky” home is not the goal of any buyer.
Get your home ready in order for you to receive the best offer possible. Entertain multiple offers as some will come with covering closing costs while others might want quite a few repairs. Repair what you can before the inspector comes but the odds are there will be a few repairs to take care of after the inspection. Happy selling!
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