A home can become one of the best investments an individual makes in their lifetime. Part of the reason why homes are a great investment is the fact that they have historically appreciated in value over time. This does not mean that there is not a variety of home appreciation or even a chance a home will depreciate from the time the home is bought, but usually, a home can be resold at a future date with a good increase or profit from equity. While staging ideas to enhance your home’s sales value, below are some tips you should consider.
1. Keep your agent on a tight leash
Make sure that all buyers pre-qualified and able to proceed with the purchase, have they a mortgage in place? This will cut out a lot of pointless viewings. Choose an agent who is experienced and knowledgeable about the current climate.
2. Supply some evidence of your house valuation
Your asking price needs to be based on prevailing conditions in your local market and the actual worth of your house, so you need to be able to prove to your buyers that your asking price is fair. To this end, arm your agent with all the supporting documentation: receipts for home improvements, new appliances and maintenance, photos of both your house and the neighborhood, the recent sales price of homes similar to yours, top rankings for area schools, and even low crime statistics.
3. Create a great first impression
Moving your furniture around, repainting your walls, and mowing your lawn for a picture-perfect exterior may just be for show, but it’s a show that can up the value of your home and helps make a quick home sale.
4. Price it correctly
You need to be ahead of the market, not in the middle of the pack of a falling market, for example, which is what characterizes the current property market. Try to figure out how fast it’s falling and start there. Mark your price at the current market value or one percent (or more) below it if you want to be able to sell fast.
5. Sell to a cash home buyer
If you have to have a fast house sale and were thinking of drastically reducing your asking price, then why go via the traditional real estate agent route. Hen you can save paying the commission, and sell instead to a cash buyer, who can buy your home fast, sometimes in less than a week.