Selling your home is a big step and one you shouldn’t take lightly. Did you know that the asking price can, and almost always will, be affected by minor things which could easily be remedied before listing and showing it? Unless you have ever had the oftentimes dubious pleasure of selling a home, you may not be aware of what potential buyers are looking at. Here are a few tips that might help you get what you are asking for without a whole lot of haggling.
Pretend You Are Seeing It for the Very First Time
The first word of advice would be to try to view your property as if it was the very first time you were seeing it. Yes it’s hard to do with all the memories it holds, but nevertheless, before doing anything else, pretend you are seeing it for the very first time! Is this something you would want to call your own? Chances are you will spot little ‘defects’ and problem areas you never noticed before!
Have Your Home Professionally Inspected and Appraised
Although the buyer will most often want to have your home appraised for market value, and some areas of the country require the seller to have the home appraised before being listed on the MLS, your best bet is to find a reputable inspector/appraiser to do a preliminary appraisal to turn up any problem areas that need to be corrected before you can get what you feel it is worth. Bear in mind that the market value will be affected directly by other similar properties that have sold in the area, so you can’t be unreasonable in the list price. Also, beware of over improvements! In other words, don’t spend more fixing something than the amount of price rise that repair will warrant. You won’t get a good return on your investment.
The Most Common Cause for Reduction in Value
Believe it or not, the most common cause for devaluation of a home is a roof that needs moderate to major repairs. Yes, the new homeowner will want to be assured that they will not be flooded with water the very first time it rains, but moderate to major repairs can indicate that the leaks have gone untreated long enough to cause structural damage from water seepage into the foundation. Whether you live in South Dakota requiring a price quote from Sioux Falls roofers or in Fort Lauderdale seeking an honest quote on roofing repairs, it is essential that you make all necessary repairs prior to listing your home.
It goes without saying that you should thoroughly clean the house inside and out and make a few minor adjustments to your lifestyle if necessary. Keep ‘lifestyle clutter’ to a minimum to make your home look larger and also to make it more visually appealing. Curb appeal is important so the grounds should be well manicured at all times. You never know who might be sneaking a quick peek on a drive-by to get a glance before contacting your realtor. In the end, the best advice is to pretend you are the buyer. What is it you would look for in a home this size and in a neighborhood like yours? That’s what you should shoot for and if successful, you can hope for a quick sale at the price of your choosing.