Business

How to Sell Your Home for Every Penny That It’s Worth

After considering all the expenses of selling a home, including determining how much you’ll pay in closing costs by using a seller closing costs calculator, you’ll obviously want to maximize your profits in every way you can.

The more you can sell your home for, the more you’ll have for a down payment on the home of your dreams, or perhaps cash to fund your dreams for retirement. In order to get every penny that it’s worth, there are certain things you can do to increase the amount of those offers. 

Make Improvements

It should go without saying that you’ll want your home to shine for every potential buyer that decides to tour it. They’ll be looking at all the little details inside and out. First, fix any repairs that need to be made, no matter how small, like holes or cracks in walls, leaky faucets, and torn window screens.

A fresh coat of paint is relatively inexpensive and can bring new life to your home while making it appear well-maintained. Choosing the right colors can make a difference when it comes to value, such as calming shades like blue – just avoid anything hue that’s too bright or bold. Don’t forget about curb appeal, like a well-manicured lawn, porch with potted plants, and an attractive front door that can provide a more welcoming feel. 

Making your home “smarter” is also a good idea as many homebuyers are looking for a more eco-friendly house as it helps lessen the impact on the environment and save on utility bills. If you can replace any outdated appliances with smart ones, it’s likely to raise your home value, putting more in your pocket. 

Aim to bring in as much light as possible too which will make spaces feel bigger. Open up the curtains and the blind for more natural light. Perhaps add more lighting throughout the interior, like a chandelier over the dining table, accent lights, and even lighting beneath kitchen cabins. 

Hire the Right Real Estate Agent

An experienced, reputable real estate agent who will go out of his or her way to get you top dollar is critical to selling your home for every penny it’s worth. Trying to sell on your own (“for sale by owner or FSBO) is likely to lose you money in the end. The National Association of Realtors reports that more than 90 percent of all FSBOs fail. 

Oftentimes, FSBO sellers end up having to hire an agency anyway. Even if they successfully sell, the price is usually significantly less than had a realtor been involved. 

The best realtor will have plenty of experience in your particular area. Be sure they are reliable, honest, and someone you can count on to have your back with a proven track record.

Be Flexible When It Comes to Showings

No one enjoys having strangers come through their house regularly to inspect it, but if you want to get top dollar, it’s important to be as flexible as possible so that your realtor to show it to those who are interested. It may be inconvenient, but leaving your home so agents can show it without an owner present will make potential buyers feel more comfortable, increasing the odds of a good offer.

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