If you're like many people, your home is probably one of your biggest investments. When it comes time to sell, it is normal to want to make the biggest profit that you possibly can. If you plan on listing your home for sale soon, use the following tips to maximize your profits:
Stage Your Home Properly
One of the best things you can do when selling your home is stage it properly so it appeals to many potential buyers. Do a total clean up, and get rid of anything that you no longer want or need. Make sure that all closets and drawers are cleaned and organized so a buyer doesn't encounter a cluttered mess when viewing your home and looking around. It is also a good idea to take down family pictures and put away personal keepsakes so a buyer can better imagine what it would be like if their family lived there and not yours.
Have Your Home Inspected Before Listing It
A comprehensive home inspection before listing can let you know of any problems that may need to be fixed. This will help prevent any surprises and costly repairs that you didn't expect during the inspection period after you get an offer. Having a recent home inspection report can also make potential buyers feel more confident about making an offer on your home, so feel free to share the report with people who are interested in your house.
Set the Right Price
Pricing your home right is essential if you want to sell it at a price you are happy with. Many sellers make the mistake of pricing their home too high—if you do this, you are not likely to get much interest the first couple of weeks that your house is on the market. You will then likely get stuck in the cycle of having to make price reductions, and when people see that your home has been on the market for a long time, you will likely get low-ball offers. Your best bet is to take your real estate agent's advice and price your home according to what comparable homes in the area have recently sold for.
Offer Buyer Incentives
When you want your home to stand out, think about offering an incentive for potential buyers. Potential incentives include closing cost assistance, an allowance towards new flooring or appliances, or paying the home owners association dues for several months. If you're offering an attractive incentive, there is a good chance that buyers will be willing to pay your asking price and not submit low-ball offers.
For more information, contact professionals like Leading Edge Real Estate.