If you’re planning on selling your home, you’re probably wondering how to get the most money for it. After all, your home is likely your biggest asset, so you want to make sure you get top dollar when you sell. While there are a number of factors that will affect the final sale price of your home, there are a few things you can do to increase your chances of getting the most money possible.
Deciding to sell your house is a big decision—and one that comes with a lot of paperwork, stress, and, hopefully, a healthy return on investment. In this blog post, we’re going to run through a few things you can do in order to get the most money when selling a house. Let’s take a look.
1. Get It in Tip-Top Shape
If you want to get top dollar for your home, you need to make sure it’s in tip-top shape—both inside and out. This means repairing any damage, giving it a fresh coat of paint (inside and out), decluttering, and deep cleaning every nook and cranny. First impressions matter, so take the time to make sure your home looks its best before putting it on the market.
2. Work with a Real Estate Agent
While you could go the For Sale by Owner route, working with an estate agent is always a smart idea. Not only will they be able to help you determine an accurate list price for your home, but they’ll also be able to help market it effectively and negotiate on your behalf come offer time.
3. Set the Right Price
No matter how nice your home is, if you set the price too high, you’re not going to get many bites. On the other hand, if you go too low, you’ll leave money on the table. It’s important to find that sweet spot—the perfect balance of low enough to attract buyers but high enough that you’re still getting a return on your investment. The best way to do this is by working with a real estate agent who has experience pricing homes in your area.
4. Time It Right
The timing of when you list your home can also have an impact on how much money you ultimately make from the sale. In general, spring and summer are considered the best times of year to sell a house since that’s when most people are looking to buy. However, there may be some benefits to listing during the fall or winter as well—just know that it may take longer to find a buyer during these off-peak months.
5. Be Flexible
When selling your house, it’s important to be flexible in order to close the deal quickly and for top dollar. This means being willing (and able) to negotiate on things like price, repairs, closing date, etc. If you’re not willing or able to budge on certain items, that could end up costing you money in the long run—so keep that in mind as you move through the selling process!
6. Consider All Offers Carefully
When you receive an offer (or multiple offers) on your home from interested buyers, don’t just accept or reject them outright—take some time to carefully consider each one first. If an offer is significantly below your asking price but seems otherwise reasonable (i.e., they’re not asking for anything unreasonable in return), counteroffer with something in between their offer and your original asking price—you may be surprised at how often this works!
7. Have Patience
Selling a house can be a lengthy process—it’s not uncommon for homes to stay on the market for weeks or even months before finding their forever families. Try not to get too discouraged if your house doesn’t sell as quickly as you’d like—the right buyer will come along eventually! Just make sure you price it correctly from the start so that you don’t end up leaving money on the table when all is said and done..
Maximising Your Return for Your Next Purchase
Selling a house is no small feat—but if you follow these tips, you can maximise both your chances of success and how much money you ultimately make from the sale! Of course, there’s no guarantee that you’ll get your asking price, but by taking these steps, you’ll increase your chances of a successful sale at a price you’re happy with. So try to implement a few options and see how you go.