You’re ready to sell your house and move on to the next chapter in life. Congratulations! This is a big step to take and an exciting one as well.
There is a lot to know about selling a house before listing it, however. You want to get the best possible price for your house, and buyers want to get the best possible purchasing price.
How do the two of you meet in the middle?
There are several steps you can take to increase the price. If you make all the right adjustments to your house before listing it, then you can up the price with it still being priced fairly.
Are you not sure where to begin?
Selling a house can become stressful if you’re not experienced in doing so. Not to worry, though! In the guide below, you’ll find a few different ways to up the home sale price and get the most money in your pocket.
Continue reading to find out more!
Hire a Real Estate Agent
Is selling a home on your own possible?
It is! You can decide to sell your home without the help of a real estate agent if desired. Some homeowners decide to go through the process without a real estate agent in order to save themselves some money.
It is important to consider all the pros and cons of choosing to sell without an agent, though. Even though you’ll need to pay your real estate agent, the cost of hiring one sometimes balances itself out when you work with a great agent.
A professional real estate agent will know all the best tips and tricks for getting your house sold quickly and at a great price. A good agent will also know all the factors that affect the home sale price. With a knowledgeable person like this on your side, you could end up leaving the sale with more money than you would if you chose not to hire one.
Know the Best Time to List
You’ve heard of the buyer’s and seller’s market. It’s a real thing, and you’ll need to know when the seller’s market is if you want to get the best price for your house. When selling, the best time to list your house is during the seller’s market because this is when most buyers are looking.
You’ll have more potential buyers competing with one another. In some situations, you might even have multiple offers on your house! Receiving multiple offers can also help increase the sale price.
If more than one buyer is interested, then they might compete with one another to place the best offer, which could be more than what you originally asked for.
Do some research on the housing market in your area to determine when the seller’s market is.
Heighten the Curb Appeal
The first thing potential buyers see when approaching your house or looking at pictures of it online is the exterior. Adding curb appeal to the house is a great way to potentially increase the price. There are several things you can do to help boost the curb appeal.
A fresh coat of paint on the exterior of the house is a great starting point. Replacing any damaged gutters, windows, and window add-ons is also a great choice. Once the exterior of the house looks amazing, you can move on to the actual yard.
Be sure to trim all bushes and tree limbs. Mow the grass and lay down fresh mulch or rocks in the garden beds. Pull weeds and plant new flowers.
Bright colors in the yard enhance the appearance of the house. You can even consider painting the front door a bright but neutral color also.
Make All Major Repairs
A house in need of major repairs will cause buyers to ask for a decrease in the sale price. A buyer won’t want to pay full price for a house and then drop thousands of dollars into it right away to fix major issues.
Problems with the roof, electrical system, plumbing, or house structure will need to be addressed. If you correct these problems before listing the house, then you won’t have to worry about buyers wanting to negotiate the price due to excess repairs.
If you decide you don’t want to put money into making these repairs, then prepare for buyers to ask for the price to make the repairs themselves to be deducted from the sale price.
Choose the Right Upgrades
Small but profitable upgrades should be made to the house. Not all upgrades will give you a high ROI (return on investment). Make sure you only choose the upgrades that’ll put more money back in your pocket.
These upgrades include the following:
- a minor kitchen remodel (commercial upgrades)
- a minor bathroom remodel (commercial upgrades)
- a fresh coat of paint on all walls (neutral colors)
- new carpeting
These are just a few minor renovations you can make that are inexpensive but will stand out to buyers.
Remove All Personal Items
Don’t forget to remove all of your personal items. When buyers view the house, they’ll want to see a blank canvas. They want to envision their own style, furniture, and decorations in the house.
If the house has too many personal items of your own inside of it, then it can be difficult for potential buyers to see past it. For example, if you keep your own artwork hanging on the walls, some buyers might not have the same taste and will be turned off by this.
Remove all artwork, picture frames, and other personal items.
Use These Tips To Increase the Price of Your House Before Selling
Before you list your house on the market, you should consider these tips on how to increase the price. Remember to make the major repairs and only make updates with a high ROI. When you take the time to go through this list and mark off each item, you’ll be left with a house ready to sell!