Getting Your Money’s Worth: 10 Tips to Sell Your Home for More
Are you planning to sell your home soon?
You should be prepared to wait more than two months for it to sell. On average, American homes are sitting on the market for about 65 days before selling.
If you don’t want to wait that long, there are some ways you can increase the chances of your home selling quicker. There are also ways you can make sure your home sells for more than you may have originally expected.
Check out 10 tips to sell your home faster and for more below.
1. Choose the Best Time to Sell
Selling your home in the fall or winter might sound like a great idea. Since most people prefer to sell their homes in the spring or summer, you might think it’ll create more competition for your home.
But the majority of home buyers are out in full force in the spring and summer. That means you won’t get many bites from buyers in the fall and winter. You also won’t get the kinds of high offers you’re hoping for while selling your home.
2. Hire a Realtor to Help
Some home sellers choose not to work with realtors when putting their homes up on the market. They don’t want to have to worry about paying a 6 percent commission to them.
You’re free to try and sell your home on your own if you want. But that will put you in charge of everything from doing the research that’s required to price your home right to marketing your home to potential buyers.
It could take well over 65 days to sell your home on your own. Why not hire a professional to help instead and cut the time way down?
3. Set the Right Sale Price
Setting the right sale price for a home isn’t always easy to do. When considering a starting price, you need to look at:
- How much comparable homes in your area are selling for
- How many other homes are on the market right now
- What upgrades you’ve done to your home to set it apart from others
If you price your home too high, you might scare buyers off. But if you price it too low, you could leave a lot of money on the table at your closing. It’s up to you to find the sweet spot as far as price is concerned.
4. Make Worthwhile Renovations
Want to increase the value of your home before selling? There are lots of remodeling and renovation jobs that’ll offer a great return on investment.
You can boost your home’s value by:
- Renovating your kitchen
- Remodeling one or all of your bathrooms
- Finishing off your basement
- Adding a deck or patio to your backyard
- Replacing your front door and windows
- Putting on a new roof
- Ripping out old carpeting and replacing it with hardwood floors
The ROI on each of these projects will vary. But they’ll all be worthwhile investments for those selling a home.
5. Improve Curb Appeal
Are people going to be blown away by how great the front of your home looks when they pull up in front of it? Or are they going to jump right back into their cars and drive away without giving your home a second thought?
If you’re worried most people will fall into the second category, do something to improve your curb appeal. You can do it by:
- Planting new trees, bushes, and grass
- Replacing your exterior siding
- Powerwashing your driveway and sidewalks
People will be more likely to stop by your home to check it out when they’re wowed by how amazing your home looks from the street.
6. Stage the Interior
Before you start allowing people to walk through your home, declutter it and put all your personal possessions away. Stage your home as well so that each room in it serves a very specific purpose.
Some homeowners will go as far as to rent high-end furniture for their homes to improve the appearance of their interiors. You don’t have to go that far, but your home should look warm and inviting to those who come to check it out.
7. Keep the Home Clean
Throughout the home-selling process, you need to do whatever it takes to keep your home as clean as it can be. That means:
- Vacuuming carpets
- Washing windows
- Wiping down countertops
- Dusting everything
- Eliminating odors
- Keeping dishes out of the sink
- Continuing to get rid of clutter
If your home looks like a mess, people will struggle to envision themselves living in it. It should look, smell, and feel as clean as it can be every single day.
8. Check Out the Competition
What are other homeowners in your area doing in an effort to sell their homes? Are they doing massive renovations, staging rooms professionally, or holding open houses every weekend?
You’re fighting for attention from home buyers just like they are. Look at what they’re doing and go above and beyond to stay on par with them.
9. Market the Home Listing
If you decide to hire a realtor to help you sell your home, they should handle most of the marketing of your home listing for you. But that doesn’t mean you can’t help out a little, too.
Every week or so, post a link to your home listing on your social media accounts. It’ll allow you to let all your friends and family know you’re going to be moving and stir up interest in your home at the same time.
10. Consider Holding an Auction
Do you wish there was a way to skip the hassle that comes with selling a home and get it done within a matter of hours?
As it turns out, there is. Selling a house at auction is an option for anyone who doesn’t want to wait around for months to unload their house.
You can avoid realtor fees by going this route and get the best possible price for your home when others start bidding on it.
Start Using These Tips to Sell Your Home Today
Those who have sold a home before will tell you that it’s one of the most stressful experiences you’ll ever go through in life.
Use the tips to sell your home listed here to skip a lot of the stress that’s so often associated with putting a home up for sale. You’ll have more success selling when you take advantage of them.
If you still struggle to sell your home, read our blog to learn about why your home might not be selling as fast as you hoped it would.