Selling a home, especially for first-timers, may be an intimidating experience. There’s a lot of planning and preparing involved, many things to consider, and a lot of stuff to do, which is why most sellers feel overwhelmed.
By knowing more about what to expect during the selling process, you arm yourself with information that will allow you to create a solid strategy to sell your home for top dollar.
Here are a few helpful tips you should keep in mind:
Set an ideal price
The price you set is a key factor. A good strategy is to find out how much your home is worth and take off about 15 to 20 percent off its selling price. You need a bit of courage to pull this off, but it’s a great way to fetch multiple bids, with buyers driving up the price more than what your home is actually worth.
Let the light in
Try to maximize the light filling up your interiors. Next to location, good light is another selling point many buyers look for. You can brighten up your spaces by doing simple things like cleaning your drapes, replacing your bulbs with high wattage ones, changing the lampshades, or trimming your bushes and trees to let more sunshine in. Homes that look bright and cheery are more sellable.
Look for an informed broker
Make sure you work with a broker who remains updated with the latest information. He or she must always stay on top of the multiple listing services (MLS) to see comparable homes within your area and know about new properties entering the market. A broker who is tech-savvy will be able to find a way to sell your home at the best possible price.
Remove any traces of pets
Unfortunately, not every potential buyer you may encounter is an animal lover, so it’s best to get rid of any evidence of pets living in your house. For some buyers, walking into a house to see litter boxes, pet dishes, and tufts of fur might be an immediate deal breaker. It gives off the impression that your home is unclean, so if you’re scheduling an open house, look for a friend who’s willing to watch over your pets temporarily, or look online and see if there’s a nearby pet hotel in your area.
Don’t go overboard on the upgrades
Don’t spend too much on major makeovers – quick, affordable fixes are your best option. When selling your house, it’s unlikely for you to get back the money you invested on upgrades, so choose your projects wisely. Go for simple things like repainting some walls, buying new curtains, replacing door and cabinet handles, and other similar fixes.
One of the most important tips to remember is to depersonalize your home before you sell it. A home with lots of personal stuff lying around has a lower chance of fetching a good offer for a simple reason: buyers won’t be able to imagine themselves living in it. Consider having your home staged, and stow away personal items such as your collections, keepsakes, or family photos.