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The Best Strategies for Selling Your Home for the Highest Price Possible

August 3rd, 2022 Posted in Property Investment
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In the real estate world, there are two types of buyers: those who want to buy a home and those who want to buy an investment property. Selling your home can be a great way to make some money and invest it in something else. But this can also give you the opportunity to knockdown and rebuild your home if you’re planning to live somewhere else. 

There are plenty of questions you may be asking yourself such as “How much should I sell my house for?”, “What are the benefits of selling my house?”, and “What steps should I take before putting my house on the market?”. All of these questions are very valid because navigating this can be fairly tough. But here are some tips and strategies for getting the highest price possible when selling your home.

The best strategies for selling your home for the highest price possible - family home with palm trees image
Photo by Sieuwert Otterloo on Unsplash

Preparing your House for Sale

One of the very first things that are questioned is how much a house is worth. But it’s so important to keep in mind that if you want to maximise the profit, this will include making some changes in your home. Sure, you can sell it as is, but you would be better off taking the time and money to invest changes within it. 

A clean, clutter-free home can make a big difference in the way potential buyers see your house. Staging your house is not just about getting rid of clutter. It also includes making small improvements to your home so that it looks more appealing to potential buyers. A well-maintained and tidy house will be more likely to sell faster and for a higher price than an unclean, cluttered one.

How to Stage your House When Trying to Sell it Quickly and Easily

Staging your house can be a hard task, but it is worth it. There are many benefits to staging your house and the most important one is that you will get more money for your home. While you will most likely need to hire an interior designer, it’s going to make things so much better. There are a few things you should know before staging your house. The first thing is that staging does not have to cost a lot of money. You can even do it yourself if you feel confident enough.

Marketing Your Home

Marketing your home is an important process. You want to make sure that you are doing everything you can to get the best price for your home and find a buyer. Here are some tips on how to market your home:

– Work on the curb appeal

– Stage it – make it look like someone is living there with furniture, plants, etc.

– Be honest about any projects that need attention and have them fixed before putting your house on the market.

A real estate agent can help you get it on the market as soon as possible, this alone can save you a lot of stress while also getting the highest profit possible for the house.

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Selling Property? Read This First

March 23rd, 2017 Posted in Money Tips, Property Investment
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Selling Property? Read This First - house for sale image

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Selling a property isn’t quite as simple as a lot of people make out. It can be a complex and daunting task. After all, there’s a good reason why so many people hire outside help during the process!

If you’ve decided to sell a property, be it the home you’re living in currently or another property, then guides like this are pretty essential. Read on to make sure the process is smooth and gives you the best return. These are the things you must take into consideration.

The reason

Why are you selling the home? This may dictate how you’re going to sell it. You need to consider how fast you need to sell it and how much you need to sell it for. Let’s say you’re an investor. If you have the time on your side, then you can afford to wait to ensure you get the best price possible.

Selling Property? Read This First - House contract image

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Now let’s say you’re a family who are looking to move home. This, of course, is very different and even more sensitive. You’ll want to sell the place fairly quickly. But you need the best price you can get so you can afford the best house possible for your move! All this is to highlight that the reason for selling a property will determine how you go about the sale – and what results you should expect.

Getting the word out

Most people will choose to work with real estate agents in order to get the marketing done correctly for their house sale. But it’s not a process you should be completely divorced from. There are several steps you can take in order to be more proactive.

For example, writing up an in-depth introduction and description of the property will be appreciated by many customers. Using floor plans software to provide detailed floor plans along with the listing will help give people a clearer vision of the house. And you can even use social media to help advertise the property you’re trying to sell. The more proactive you get during this process, the more you may end up getting out of it!

Selling Property? Read This First - open house image

Wikimedia

Value

This can be the most sensitive part of this process. Some would say it’s the simplest; it can’t be that hard to find out the home’s monetary value, right? Well, don’t jump to any conclusions. Do your best to get to a close estimate. You should do this from a few angles. Getting a valuation by a professional home value assessor is the obvious and best step, but you can also judge the value by other means. If possible, find out the values of some of the other homes in your neighborhood. Check out crime rates and the proximity from valuable amenities, too.

Let’s say you want a good mix of a fast sale and a good price. Try this popular (but slightly risky!) tactic: find out the value, then take 15% or so off that price. It should be a tasty-looking price that brings all the potential buyers to the yard, much like the famed milkshake of Kelis. The desired outcome? These people bidding against each other. This results in the value increasing to the original value, and perhaps even further.

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Secrets Revealed: Shifting A House That Just Won’t Sell

November 25th, 2016 Posted in financial literacy, Uncategorized
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The sale of a home can just as stressful as buying one. There are some times when you just want it off your chest as soon as possible. At the same time, you don’t want to get burned by a lower price. You don’t have to rely on house buying businesses. Here’s how you can speed up that sale with your own actions.

house image

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Make it a more attractive sale

Naturally, the first thing you want to do is attract buyers. Nowadays, most buyers look online before they look in person. The first minute they take looking over the details of the home are a make or break situation. You need to know how to grab their attention in that time. That means finding out what people really want from a home. They don’t just want to know how many rooms it has. They want to know what the area is like. They want to know what’s near it. Focus on selling more than just the home. Sell everything you can about the location.

home interior image

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Get more people looking
Besides making it a more attractive offer, one of the best ways you can get people acting quickly is by having more looking at once. Instead of arranging individual viewings, you should consider hosting an open house. If more people are looking at once, they’re aware of how much attention the property is getting. That creates a certain tension and even a competitive nature that can get you the offer you want a lot sooner than you might expect.

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Get the right help

Finding the people who are going to buy your house isn’t where it stops, however. There are legal steps to take care of. The conveyancing of a house is a process that can take quite a while. But you shouldn’t let it drag on too long. Some conveyancers will simply take their time getting back to you because they know they can. Instead, they’ll look to finding more business. So, make sure you’re finding trustworthy, recommended conveyancing solicitors. Make sure that you have your conveyancing fees ready before you start selling, too. The quicker you are at preparing, the quicker you can get the ball rolling.

image of pound coins

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Get competitive

Sometimes, you have to take a slight step down if you’re not getting any bites. A lot of homeowners will list their price high in the hopes of getting haggled down to what they really want. Go too high, however, and people won’t even bother trying to haggle. You need to make sure that you’re competitive in your pricing. Get an inspection and a valuation done yourself. Use your local registries to see how much similar homes in similar areas have been sold for. When all else fails, rely on cold hard data for your pricing.

Getting a good sale quicker means working to speed up every individual element of the sale. From the advertisement to the paperwork. If you know how to make your home a truly attractive deal, then you shouldn’t have trouble getting a bite anytime soon.

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