How To Sell Your Home For More Money


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How To Sell Your Home For More Money

How To Sell Your Home For More Money

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How To Sell Your Home For More Money

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Sell Your House

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Even in a seller’s market, where inventory is scarce and bidding wars are common, it’s still worth investing some time and energy in positioning your home so it sells for the highest dollar.

This effort can include a number of steps, from working with a real estate agent who really knows the local market, to spending on major renovations and improvements that prompt buyers to pay a higher price.

Here are 10 home selling tips that realtors say will set you apart from your competition and help you sell for more money.

Home Staging Can Help You Sell For More Money In A Hot Market

By working with a qualified real estate agent who knows the local market well, you can sell your home faster and often for more money. In fact, data from the National Association of Realtors shows that in 2021, homes that were listed without the help of a real estate agent sold for an average price of $260,000, while those sold with one achieved a significantly higher average of $260,000. 318,000. Interview several candidates before committing to an agent – the better you get along, the smoother the process.

Deciding which home improvements to invest in can be daunting and costs can add up quickly. The key is to spend your money on projects that will deliver the maximum return on your investment. Replacing your garage door, for example, is the most valuable investment in ROI, according to data from Remodeling magazine. The average efficiency of a new garage door is just under 94%.

Even minor kitchen upgrades are a wise investment, says real estate agent Jade Lee-Duffy of TXR Homes in San Diego, California. “The heart of the home is the kitchen, and many buyers will judge a home by its kitchen,” he says. “While a complete overhaul of this space could run into the tens of thousands, a small upgrade is where you can get the most return. Think of refurbishing the cabinets, replacing the countertops, getting a new coat of paint or updating the fixtures and hardware.

How To Sell Your Home For More Money

Updating a bathroom is another wise investment, says Katie Severance, a real estate agent with Douglas Elliman in Palm Beach, Florida. “Renovated kitchens and bathrooms are the ‘money rooms’, the ones that add the most value to a home,” he says.

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The appeal shouldn’t be overlooked – as they say, you don’t get a second chance to make a first impression. “Make sure your yard is clear of debris, shrubs trimmed, and grass mowed,” says Lee-Duffy. “In addition, add some bright potted plants by the front door to make shoppers feel welcome.”

Some simple updates that really improve the appeal include updating the exterior paint, adding window boxes to window boxes, and installing a new mailbox, Severance says. “Adding rich-looking mulch around shrubs and trees can really bring out the charm,” he adds.

Investing in a home inspection before putting your home on the market is another step to consider. “You don’t want unexpected surprises,” Lee-Duffy says. “It’s best to know ahead of time if there are any issues you can fix before buyers find out for themselves.” This would give them bargaining power at a lower price or, at worst, a reason to pull out of the deal. So it could be worth a few hundred dollars for peace of mind.

However, there is a downside to a pre-list inspection. “Be careful, because once a seller becomes aware of an existing defect and does not correct it before the listing, he is obliged to report it to a buyer,” says Severance. “Defects that a buyer learns to be known but not disclosed before accepting an offer may terminate the deal.”

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Spending a little money on high-quality photos can go a long way toward selling your home for a higher price. “Most people search for housing online,” Lee-Duffy says. “If the photos are shown, they can result in a higher sale price and also sell faster.”

However, you may want to leave a few things to the imagination when it comes to your online home listing. “I don’t recommend photographing every square foot of the house,” Severance says. “The purpose of the photos is not to give away all the goodies online; it is to make a buyer want to see more, to tease his whistle enough to entice him to see it for himself. If they don’t come and see the house, they probably won’t make an offer.”

When it comes to home staging, Severance says, there are two rules of thumb: less is more and keep it neutral.

How To Sell Your Home For More Money

“It’s very important to capture buyer interest from the front door,” he says. “Pay particular attention to the entrance and invest a lot in the staging of this part of the house. paint over; place the flowers; buy a new carpet, an impressive mirror or a dramatic piece of art.

Tips To Sell Your Home For More Money

Remove objects and clutter that visually limit a space, such as large footstools or too many plants, and remove everything from the kitchen counter except one or two new appliances. “And don’t forget to stage the deck or patio, because it’s an extension of the house that can make a small house feel really good.

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