If unprepared and uninformed, selling a home is an expensive endeavor. This fact alone, can make the process daunting and may cause homeowners to hold off on putting their house on the market. It is important not to procrastinate if you need to sell your home. Though selling a home is a huge undertaking, as with any large task it is better handled by becoming informed of best practices and tackling it one task at a time.
You also have to take in account that money is not the only factor that makes home selling a stressful time in one’s life. Often there are repairs that need to be done to the home to get it ready to sell and staging to make the home more appealing to possible homebuyers. These things not only cost money but also take a lot of time out of one’s busy schedule. Lack of knowledge in these areas is often the main cause of putting off the process of selling a home.
Homeowners are staying in their current homes longer than they may want to. This is normally unnecessary and eventually may begin to effect attitudes and quality of life if you are staying longer in a house than you believe you should be.
The main cause of procrastination on selling a home is being unaware of easy ways to cut costs. By knowing a few key points in preparing a house for sale and a few simple tricks of the trade, you can significantly cut the cost of selling your home.
Keep costs low and come out on top during the home selling process by learning these key points:
Keep improvements to a minimum.
Minor updates to a home can be helpful in attracting buyers and making a home more appealing on the housing market. However, going overboard on updates and expensive remodeling projects to sell may not give the kind of return that is needed. Do not begin any large renovations, unless absolutely necessary.
Home renovations are expensive and may even deter new homebuyers if the change is not something that aligns with their needs for a new home.
Sellers often benefit more from small changes in the home.
The outside of your home is a great place to make small changes that will reap large reward in elevating the face value of the home.
Here are some ideas on how to get started on the outside of your home:
- Trim the hedges, lawns and flowerbeds.
- Keep the hedges, bushes and trees trimmed while you are showing a home.
- Fix cracks on the steps, walkways, walls and patios outside.
- Replace any peeling paint on doors and windows.
- Clean and align gutters.
- All caulking should all be repaired and new.
- Look for damaged siding and replace.
- Add flowers and greenery to the yard.
- Look into resealing asphalt in the driveway.
- All doors should get a fresh coat of paint.
The kitchen should be the area of most improvement.
When moving to the interior of the home you are trying to sell, you will want to take the same approach as you do outside and keep repairs and changes to a minimum if possible. Focus on where the changes will make the most impact to a possible buyer.
The kitchen will be a main focus for buyers when the home you are trying to sell is being viewed. The kitchen is usually one of the most important, if not the most important room in the house to someone deciding if they want to buy it.
It is a good idea to know what the interior of other homes in your neighborhood look like. It should be noted that if a certain material, such as granite or marble is used in most of the houses in the neighborhood that it could be viewed negatively if the house you are showing does not have the same features.
Pay attention to the details inside the house.
There are often details throughout a house that is about to be put on the market that get overlooked. By changing just a few details in a house you can make major improvements.
Increase the probability of selling a home by focusing on these details:
- Replace doors.
- Put new handles on cabinets.
- Paint the rooms in neutral colors.
- Add new handles and locks to front and back doors.
- Make sure all screens are in tact.
- Fixtures and hardware should be replaced if necessary.
Every home is different and when it comes time to sell, every situation is to be handled on an individual basis, but we do hope that these above tips help you in the process of getting started preparing your home to sell.
Please leave any personal experience you may have about selling a home at the bottom and feel free to let us know any comments or concerns.