Selling a house as it is, is challenging. You don’t know where to start from, or how to approach this whole new scenario. It is an adventure into the unknown, and of course, a frightening one. It is unsurprising that people often end up making mistakes. You should always keep these 3 things in your mind when you plan to sell your house:
Define your lowest price limit
Of course, you are not expecting high ball offers. But that doesn’t mean you should settle for any price—yes, even if you are not getting the right offers. The best strategy is to start by fixing the lowest price you think is genuine for your house. Then choose (realistically) how much profit you would want.
Yes, it is equally important. You need to make complete disclosures. You don’t want anything to be used against you. Who knows? The buyer may want compensation for the disclosures you didn’t make or you simply forgot.
Code violations are things often overlooked by sellers. If the buyer is using a mortgage loan, the house will be checked for the structural strength, condition, and every other thing that influences its value. If the property fails on these checks, the buyer might not get the loan. So, it is extremely important that your property is up to code.
When putting house on listing or when reaching out to a real estate agent, your main concern is to get the house sold for as much as possible, isn’t it? You want the best offer for your house. Here are 5 simple tips to increase the resale value of your house.
Upgrade the exterior look of the house. First impressions matter. Have the pathway to the house cleaned, paint the front door, add greenery, mow the lawn.
A kitchen is one of the most, if not the most, important area of the house. It holds a different place in the minds of the buyers. For any prospect to walk in and see even the simplest of the flaws could have significant negative impact. Make sure your kitchen is flawless before you bring in a prospect to see it. Fix the leaky faucet. Get new varnish on the wooden cabinets.
The dream washroom. After the kitchen, washroom is a place of interest. You do not need to splurge money. You simply need to create a vision that the prospect won’t be able to avoid imagining themselves in it. Invest in some premium fittings and make the place shine. Like kitchen, a washroom must remain on the mind of the buyers for a long time after they leave.
A storage space It’s something which most houses avoid. But it is something that almost every person in a house needs. If you are able to carve out a storage space in your house, you already have an edge over your competitors. And a few dollars above the general price could be easily justified.
Ensure general cleanliness. You must ensure that when a buyer steps in, your house must speak for itself. Make sure the curtains and windows are clean and free from dust. Remove those old carpets and rugs. And most importantly, make the floor shine!