House Sellers
Interior Upgrades Added Selling Value
These days it is simply not enough to just throw your home onto the local real estate market and hope for the best. Agreed, sometimes this does work, but if you want to get top dollar for your home you are going to have to ensure that it is set apart from the majority of listed homes. So how can the average home owner set their home apart from the others? Simple, make a few upgrades. But be sure to do it right.
There are several things that an average buyer takes into account when looking at a home. You probably already know what they are, after all you bought the home you are now selling right? A great area to start is in the kitchen. Are the appliances a touch out of date? Replacing them is well worth the expense as new stove, fridge and the like are extremely popular additions and something that prospective buyers notice right off the bat. Another thing that people rarely thing of is the condition of the floors. Floors become such an unnoticed part of our lives that they can be easy to overlook. Carpeted floors should always be steam or professionally cleaned before prospective buyers come anywhere near your home. If you have wood or laminate make sure to clean them with the proper cleaner for the surface. Be careful of which cleaner you use as some cleaners can damage wood or laminate.
Now, take a look at your walls. Notice anything that could be improved? How about the color? Neutrality is gospel here. Outrageous colors may be exactly what defines your style but in keeping those when selling you can easily alienate a large group of buyers. Sticking with neutral colors will help you home to appeal to a greater number of people and give it a better chance of selling. Many buyers will be able to see through crazy colors, but not too many of them will want to have to repaint.
Take some time and make sure to clean the house from top to bottom, removing clutter and personal items. These are things you will have to pack sooner or later anyway, best to get a head start on it. Removing personal items will also help buyers to place themselves in the home without seeing pictures of someone else’s family everywhere. If you ever have any doubts or concerns, talk to your realtor and they should be able to help you get your home in tip-top shape for selling.
Strategies For Selling Your Home
Although the real estate market has cooled off a bit, it is still a hot market in historical terms. As a seller, this is good news when you decide to sell your home.
Things to Consider When Selling Your Home
A year or so ago, selling a residence was laughably easy. In some markets, it was clear that you could list practically anything and get an offer within a week or so. The market was so hot that some homes sold before actually appearing in MLS listings and such. For sellers, it just didn’t get any better.
As the market has cooled, sellers have had to return to the basic premise of selling a home. Homes simply are not being snapped up right and left. Here are a few things you should consider.
1. Can you afford another home? Most sellers intend to purchase another home with the proceeds from their sale. Logically, this makes sense, but real estate is not always logical. One area that can be problematic is the interest rate on loans. Your current loan may have a very low interest rate, but you will probably have a much higher one on a new loan. Will you be able to handle the increased monthly payments? Make sure.
2. Why are you going to sell? Some people rush into the sale of a home and come to regret it. Is there an objective reason, such as relocation, for selling your home or are you trying to cash in at the top of the market? Cashing in is not a bad thing, but it is unnecessary if you intend to stay in the same area for the next 10 to 20 years. Markets will bounce up and down, so you need not be overly concerned about the short term.
3. What is the home worth? This may sound like a simple question, but it is one of the biggest issues you should be addressing. Remember, the value of the home is set by comparable homes and appraisals, not what you personally think it is worth. Getting an understanding of the objective value gives you the ability to determine whether selling is a good idea or not. We buy houses in Chandler
The decision to sell is a serious one. It is no secret real estate has dramatically appreciated in the last few years. Whether you should cash in on that fact is a question only you can answer.