When it’s time to sell your home, you want to do everything you can do to get the most money for your property. No one goes into a home sale hoping for less. Take action to take control of your financial future, and make some lucrative moves before listing your home.
If you’re not sure where to begin, a little light research is a good way to get the ball rolling. Take a quick read through this brief compilation of a few tips on how to get more money selling your home, and get started today.
Get an understanding of your local market
It’s important to take a critical look at the local real estate market. You need to see what houses that are comparable to your own are drawing from a sale, so you will know what’s reasonable when it’s time to set a price for your property.
You should also pay close attention to how many days each property is usually sitting on the market. You want to choose a good time to sell your house. If houses are just sitting unsold, it may not be the best time to list yours.
Choose the right time to sell your home
The ebb and flow of the market has got to be noted when you’re working on the best time to sell your house. There are quite a few factors that can play a role in the state of the real estate market.
For instance, Spring is typically a good time to place your home up for sale. Most real estate buyers want to do their moving in the summertime when kids are out of school, so they have one less thing to worry about during their transition.
Make sure you set the right price
Setting the right price is crucial if you want your home to sell quickly. When you price a property too high, you take the risk of your home sitting on the market for a long time without an offer.
When you price it too low, people may think that something is really wrong and pass over the listing. Pricing is a strategic element of selling your home, so make sure the price is right.
Consider minor renovations and updates
Some renovations are worth the effort before you list your home on the market. Pay attention to the desirable aspects found in the homes that sell the fastest in your area.
For instance, you can sell your home for much more when you have a finished basement in Portland. In Atlanta, a finished basement doesn’t make much of an impact on the sell price of a property.