As a home seller, you want to sell for as much as possible – and it’s even better when you sell your house for more than it is worth. It’s not easy to do, but it can in fact be done. Of course, you have to get a lot of things right and make your home stand out from the competition, even in the seller’s market that obtains across most of the country. To help you achieve that goal, here are 5 tips to help you sell your house for more than it’s worth.
1. Sell at the Right Time
One of the best things you can do to sell your house for more than it’s worth is to list and sell at just the right time. Listing at the wrong time in your market could cost you many thousands of dollars and could make the sale take much longer.
Traditionally, the best time to sell a home is late spring to early summer, with June and July coming in as the best months on a national average. But that just isn’t the case in every market. To determine the best time to sell your house in your market, you also have to factor in such variables as school schedules, local weather, and the kind of buyers such as retirees or young families.
An experienced local agent is your best resource for determining the best time to sell. To discover more, just contact a local agent at (801) 755-3865.
2. Make Prudent, Cost-Effective Repairs and Upgrades
Also, to sell your house for more, you’ll almost inevitably have to make some repairs and upgrades. But to wind up with that extra sale money in your pocket, they also have to be prudent, cont-effective repairs/upgrades.
So industry pros suggest that you get a pre-listing inspection done to find out what you need to do before the buyer’s inspection. Yes, the inspection will cost you around $340, but if you head off problems before the buyer and her inspector find them, you can sell for more, maybe even more than the house is worth.
Just keep in mind that, as with the best time to sell, the repairs and upgrades you should make are determined in part by what’s going on in the local market. You wouldn’t, for example, want to drop a ton of money on a major kitchen remodel when that’s not what really interests buyers in your market.
3. Work on Curb Appeal
Selling a house for the most money possible means making a great first impression – which you never get a second chance to do. And curb appeal is what makes that critical great first impression.
When potential buyers first pull up to your home for viewing, the first thing they see is the yard and exterior of your home. You simply have to make these look as good as possible so that will want to come inside and see more.
Be sure, then, to spruce up the exterior and do some landscaping. Landscaping is a good way to increase curb appeal, typically yielding a handsome return on the investment.
4. Market Effectively
No matter how great your home looks, if the target buyers don’t know about it, they’ll never make an offer. So one of the top things you have to do to sell your house for more is to market it effectively.
Many sellers, though, skip the first step in effective marketing. And that is to stage your home and then get plenty of professional quality listing photos of your beautifully staged home. Numerous studies have shown that staged homes sell for more and sell more quickly than homes that haven’t been staged.
Then, having done this preliminary work, you can get down to the actual marketing. You’ll certainly want to use traditional marketing, but perhaps more important today is online marketing. And you’ll also want to consider more advanced marketing techniques such as virtual tours and drone photos.
But, again, keep in mind that “effective” varies from local market to local market. You can contact a local agent at (801) 755-3865 to find out what marketing strategies will work best in your market.
5. Work With an Experienced Local Agent
As should be fairly obvious by now, one of the best things you can do to sell your house for more than it’s worth is to work with an experienced local agent. As we’ve indicated a local agent will know the local market well and will know what it takes to maximize your sale price in that market. An experienced agent will also have powerful negotiating expertise, which can definitely help you sell for more. So when you’re ready to sell your house, be sure to contact us at (801) 755-3865.