If you’ve invested in real estate with the intention of selling it on for a profit, then there’s a crucial detail you’ll need to factor into the process: that you need to actually sell your home for it to be a good investment.
And it’s not just a matter of getting the house off your hands; you want to sell it for the highest amount of money you can. If you’re preparing to sell a house, take a read of our five tips below.
Think Hard About the Asking Price
There’s a misconception that an asking price in your area is the be all and end all. It’s not. Just because a home on your street was worth one amount, it doesn’t mean you have to take that as a measure for what you should ask for your home.
House prices depend on a whole host of factors, such as location, the condition of the house, and even things like which direction the garden faces. All these combine to create a unique price. In any case, a house is only worth what someone is willing to pay – if you feel confident in your high asking price, stick with it.
Make the Front Sparkle
First impressions really do count when it comes to viewing homes. You can’t control the neighborhood, but you can control the front of your home. If the grass is messy and there are kid’s toys scattered everywhere, your home will not be making a good first impression. Take the time to ensure that the front of your home is spotless and you’ll be off to a good start.
Get Rid of Clutter
If someone is thinking about buying your home, they need to be able to see themselves living in it. That’ll be hard to do if they need to first mentally ignore all the clutter you have lying around your home. Each room should have as few material items as possible. Let them see the potential of the room, not your own strewn about sports equipment and papers.
Don’t underestimate how important real estate listings are to determining whether a house sells or not. If your property description contains spelling and grammatical errors, your listing will look unprofessional. You’ll also need to ensure that the photographs of your property are of a professional standard.
If you need some a guide on what not to do, take a look at these terrible real estate photographs. A video of your home and virtual tour are also great marketing tools.
When They’re There
When there is interest shown from potential buyers, you’ll want to make sure that the viewing goes as smooth as possible. And that means, essentially, getting things out of the way.
If you have children, pack them off to their grandparents for the afternoon, and send the dog with them too; nothing good can come from having a dog there, only bad! If you’re doing the viewing yourself, then show them around and then allow them to wander around by themselves. If they’re going to buy, they need to feel comfortable in the home.