Menu
If you’re flipping your property to make a large profit or you’re just planning on moving, the more you know about real estate, the more likely you are to sell it. This article can help you successfully sell your home with a few simple tips.
It’s the cost! The way to attract purchasers is to offer the house at a price that appeals to both you and them.
Don’t set your price too high or too low, but ask for a price that buyers are likely to accept and which doesn’t feel uncomfortably low to you. Look at compatible local sales and the values of homes in your area, then set a price which is at the higher end of the average. Placing an overinflated value on your house could force you to eventually lower it anyway.
When preparing your home for the market, you might want to consider adding some energy efficient features. Certain items such as LED bulbs and an energy monitor could raise interest in the home among buyers. This is because they don’t have to pay for these thrifty items themselves, and it also indicates that the home is energy efficient.
Making small changes to your kitchen could make your home more attractive and valuable. You might want to switch out one appliance to update the look and provide a focal point. Other common kitchen upgrades include: installing a large wood block island in the center of the room, and adding hanging storage. Switching out cabinets is rather costly, so consider painting them to provide a fresh look.
Have the air conditioner and heating systems serviced prior to putting the home on the market. Expensive and essential updates, such as repairing or replacing a furnace, are not something that most buyers want to have to deal when they purchase a home, so you can increase your chances of selling your home more quickly and for a better price if you ensure that your heating and AC systems are working smoothly.
Every seller relishes the idea of a bidding war. If you set the price a little below average, potential buyers may just start to bid on it. Of course, as more people bid and become invested in your home, the true bidding war can begin. A bidding war between multiple buyers could result in a higher selling price for you.
Often the housing market goes by the seasons. Using any fall decorum during that season can make your home appear more welcoming to buyers. Clear fallen leaves from the yard so that late season buyers aren’t turned off my a messy garden.
An inviting home will make your buyers feel more welcome. More people will show interest in a home that looks welcoming and clean.
If you want to paint the home’s interior before you sell it, don’t choose colors based on your personal preferences. It’s best to work with neutral and traditional colors, such as whites, off-whites, eggshell, or taupe. Putting a freshly painted coat of color on the walls is still a successful tactic to help your home sing to prospective owners.
If at all possible, you should avoid arranging a move before you actually sell your house. Attempting to balance two house payments when waiting to sell the old home can cause you to go bankrupt. Block out a lot of time for your house to be on the market so that you can attract a good buyer.
Real estate is a difficult market. Do not allow yourself to become overwhelmed by changes in the real estate market. Instead, remember the information that you just read. Leave no stone unturned in the process of selling your real estate, and it should all go according to plan, quickly and profitably.
“Protecting YOU Is My Passion”
– Andrew John Cocks
Real Estate Broker
PS: Have you seen these Luxury Cottages In Muskoka?