Get the Most Out of Your Investment
When the time comes to sell, you want to get the most out of your property. Make sure you and your agent are following these simple tips to get the most return on your investment when selling your home.
1. Make Sure Your Agent is Working For You
Did you know that Open Houses are often more effective at prospecting new business for real estate agents than they are for selling a home? Be sure to review sales success statistics with your agent to ensure the most effective tactics are being used to sell your home.
2. Quick Kitchen Update
Painting kitchen cabinets bright white and adding updated knobs and pulls is a cost-effective way to modernize a dated space and make your home more attractive for sale.
3. Invest in Staging
According to the National Association of Realtors, for every $100 invested in staging, the potential return is $400. Ensure your agent offers staging as part of their efforts to sell your home.
4. Go Chrome
Chrome fixtures are replacing brass as the hot design trend for 2018. Updating fixtures, door handles and pulls are a quick and easy way to make your interior look current as you list your home for sale.
5. Play to the Senses
When showing your home, how it smells is as important as how it looks. Open all windows for 24 hours before a showing and consider baking cinnamon buns or chocolate chip cookies which provide a nice, welcome aroma for prospective buyers.
6. Give the Full Picture
Savvy buyers know that the surrounding neighborhood is as important as the home itself. Adding a drone video tour of your neighborhood and home to your listing is a key way to stand apart and attract both local and out of town buyers.
7. Knock Down Some Walls
Open floor plans are among the most requested from prospective buyers. Removing a few strategic, non-load bearing walls can be a relatively inexpensive way to modernize and add value to your home.
8. Get Your Home Pre-Inspected
When listing your home for sale, consider having your home pre-inspected. A pre-inspection reassures buyers that the house is in good shape and may point you toward repairs you might want to make before you put your home on the market.
9. Consider Millennials
As Millennials begin to represent a larger percentage of prospective home buyers, consider highlighting features that are important to them—green features and walkable neighborhoods are key considerations for this group, as are open floor plans.