Selling your house? You’ll want to do more than put out a for-sale sign. With a little preparation, you can increase the odds of selling your home for top dollar.
4 Tips for Selling Your Home
1. Think Like a Buyer
You might love certain aspects of your home, like your bright yellow walls or vintage backsplash. However, where you see character, potential buyers might see home improvement projects.
Painting your home in a neutral color palette, de-cluttering and removing photos and other personal items could help your home sell for more. One Zillow report found that homes with bathrooms painted light shades of blue sold for an average of $5,440 more. Staging your home also helps: 77 percent of real estate agents said staging helped buyers visualize the home as their own.
2. Scrub it Until it Shines
Dog hair and dust bunnies won’t win buyers. Get your home ready to sell by giving it a deep cleaning that includes appliances, windows and carpets. A clean house feels like a blank slate, a new beginning. If you really want to get it sale-ready, use a cleaning service. Professionals will help remove odors, like those from pets or cigarette could make buyers think twice about making an offer.
3. Make Small Repairs that Leave a Big Impression
Buyers will be turned off if the front door sticks, the stairs squeak or the bathroom faucet drips. A long list of repair items could slow the selling process. Plus, repairs that are revealed during a home inspection could lead to requests for a price reduction or credit. And if the inspection reveals major repairs, buyers could even cancel their contingent contracts altogether.
Do a walk-through (both inside and out) with your real estate agent. Make a list of all of the repairs and maintenance issues that need to be addressed before your home hits the market.
4. Tackle Home Upgrades that Add Value
Making renovations before putting your home on the market could help boost the asking price and lead to a faster sale. But before calling in contractors, remember that some renovations provide better returns than others.
Some of the upgrades that provide the best return on investment include replacing garage doors and undertaking minor kitchen remodels. Homeowners are least likely to recoup the cost of revamping a master suite, bathroom or backyard patio.
Additionally, adding words like remodeled, renovated or upgraded to your listing could help capture buyers’ attention.
Before writing a check to a contractor, research the potential impact of the upgrades on the selling price, and speak with your realtor. Make smart choices about how to allocate your budget to ensure you’ll benefit once you start fielding offers.
Selling your house and finding your new home, may not be a simple task but ensuring you have the right coverage in place to protect your new home, vehicles and those who matter most in your world can be when you contact your local Farm Bureau agent. Your agent will help ensure you’re covered for life’s unexpected moments.