Selling Your Home for
Maximum Value
Every seller
wants to get the maximum return on the home investment. In order to accomplish this,
you need to have a specific plan and put it into action prior to putting your home
on the market. This will involve some time on your part, but not necessarily a lot
of money. Small changes can make a huge difference in your final bottom line.
You want your
potential home buyer to see your home as big, warm and inviting. This means your
home appears to have more room, better lighting, more closet and storage space,
etc. Buying a home is largely an emotional experience. You want the buyers to visualize
themselves in your home having a great experience.
The first thirty
days after your home has been put on the market are the most important. You want
your home to be ready to go when it is put on the market. That means you want the
outside and the inside of your home to be in the best shape possible. The small
things you do to increase the appeal of your home, can put thousands of dollars
back into your pocket.
Keep one point
in mind… You never had a second chance to make a good first impression. For example,
if you need to paint up and fix up some items in your home, do it before you put
it on the market. When a home appears well kept, it makes a positive first impression
to the buyer.
Buyers want maximum
space. If your closets are smaller, purchase an expensive closet organizer and use
it to increase the appearance of space. Pick up any clothes you’re not using and
store them. Remove any unused furniture and store it. Try to live with only the
essentials left in your home. De-clutter and clean every room.
Paint is the cheapest
way to significantly increase the value of your home. Make sure you use a neutral
color. Usually a white of lighter color is best. Paint makes a room appear brighter
and larger. It confirms in the mind of the buyer that your home has been well maintained.
When you’re painting, don’t forget the baseboards. This is where wear and tear first
shows up. Clean and well maintained baseboards make a big difference.
Although a buyer may
not maintain their home too well, you can bet they will carefully examine your home.
Dirt and grime turn buyers off. No matter what type of flooring you have, make them
as bright, clean and shiny as possible. That means you should clean the carpets
and restore any chinks in the wood floor. It’s not expensive to do, but it should
be done. Ask a professional for an estimate. Remember, you want to negotiate from
a point of strength. Too many people want to give the buyer a credit for making
the repairs. All you end up doing is reducing the profit from your home. The seller
always looses money… always. If the buyer has a mindset of getting credit for repairs,
you will never sell your home for maximum value.
Use flowers and indoor
plants as needed to warm up the interior feeling of your home. Be sure you use attractive
pots and containers. Although the plants are not expensive, they do add to the value
of your home in the eyes of the buyer.
Clean, clean, clean…
Fresh paint, careful repairs to tile, molding and grout make your home appear well
maintained. Buyers want a home they can move right into without a lot of fix up.
De-clutter, de-clutter, de-clutter.
Do you remember the last time you stayed at a really nice hotel? Do you remember
how much counter space you had? There were very few personal items. Follow this
example and you will reap big rewards in your bottom line. By removing most of your
personal items and de-cluttering, you give the buyer the chance to imagine themselves
living in your home. That’s what must happen to sell your home for maximum value.
The bottom line is
to clean, de-clutter and move all items you’re not presently using out of the home.
You want it to appear as large, clean and neat as possible. Make it easy for potential
buyers to walk through your home. Make it easy for your real estate agent to show
your home.
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