Wanting to sell your house both fast and for good profit may seem like two conflicting goals, but with the right plan, you don’t have to make major compromises with either of the two, if any at all.
To help you do just that, we’ve compiled some helpful and very achievable tips, which fall into two categories: aesthetic tweaks to your house and strategic approach to actually selling it. Before anything else though, you need to be remember the cost of selling houses, which often goes overlooked.
Again, another fundamental. Touching up your house’s paint is like having a haircut before a major event in your life. It makes your house feel fresh, new, maintained, and vibrant. Most of all, fresh paint, when it’s the right choice of color, brings out your home’s best features.
We know what they say about first impressions, and the curb appeal of your house is precisely the first impression potential buyers get of your house. You have to make sure you trim the hedges, mow the lawn, clean plants’ pots and order them nicely, and touch everything else up.
Your front door is also part of your curb appeal, and if it’s not inviting, then something’s not right, which you have to fix by repairing, painting, or a more fundamental change.
By repair, we’re not just referring to fixing major issues, but all the little imperfections and minor problems that you’ve been putting off for ages. Even something minor can blemish a house in picky buyers’ minds, not to mention people can interpret it as a harbinger of bigger issues that have been glossed over but will surface soon enough.
Last but not least, even if buyers are willing to get a house that needs some work, they will surely charge you for it by lowering their price much more than the repairs would cost.
Update the Kitchen
Kitchens are often the deal-breaker or the deal-maker, being the most expensive room per square meter in a house. While upgrading the appliances can be costly, lengthy, and most of all, it may not fully pay off, refacing the kitchen cabinetry is a very viable and cost-effective alternative.
Bad odors are to be avoided like a plague. On top of being obviously off-putting and capable of ruining even the most beautiful house, smells have a way of sticking in people’s mind longer than most things.
If you’ve been smoking inside, consider replacing any furniture, saturated with cigarette smell.
You should also do a deep cleaning of your oven as it can also tell tales of your cooking, rich with the smell of food residue.
Even if your house doesn’t smell bad, that doesn’t mean it smells good, either, which isn’t good enough during a time when you want to make the best impression possible. You absolutely have to have some or even various sources of rich smells, whether that’s aromatizers, special candles, freshly baked cookies or coffee, or anything else you can think of that’s a safe bet.
Emphasize on Your Selling Point
Like most forms of sales, selling a house goes through a serious marketing stage. As the seller, you have to know the selling point of your house, the marketing angle. The Selling point is the answer to the questions “Why did you buy the house?”, “What makes your house unique?”, “What would resonate with a particular type of buyers in particular?” If you are struggling to answer those questions, then a real estate agent should be able to help you.
The selling point can be your house’s location, its unique view, its extravagant style, its practicality, etc.
Pinning down a marketing angle will seriously increase your chances of selling your house both fast and for good profit by not only making your house more appealing, but by drawing the right buyers.
Ask for a Reasonable Price
Even though the most fundamental rule of negotiation is to start high, this tactic may not apply well to selling a house and cause you to lose serious buyers from the get-go. Even if you happen to manage to sell the house for such a price, it will most likely take you a good while.
If you’re unsure what a reasonable price would be, consult with a real estate agent.
Know the Local Market
To get an idea of the current state of the fluctuating house market, you can check a Days on Market calculator to see how long do houses in your area stay on the market on average. If they’re selling more quickly than they normally do, that means the demand is high, which is good news.
With these actionable tips, you can solve the paradox of selling your house fast and for a good profit with relative ease.