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Amazing Hacks to Get the Best Price for Your Home This Year
The property market is very volatile right now, and this is thanks in no small part to the fall out from the global pandemic. People are looking at life very differently now, and many have made the decision to sell their existing homes and buy new homes. This is a massive life step and one that you might even be considering yourself. 2021 is a time to make big changes in your life and work toward a better future for yourself, and selling your home is one of the first steps toward achieving this.
Now, the important thing to remember is that, if you want to sell your home, you need to make it stand out. There are so many ideas that you can use that are going to help you sell your home more easily, and take the stress out of the process. We’re going to look at some of the key hacks and factors you should be keeping in mind when you are looking to sell your home as smoothly as possible, and for the right price moving forward.
Get a Valuation
Okay, so the first step in the process when you are interested in selling your home is to make sure you get a property valuation. This is important for giving you a starting point, as well as showing you the value your home could potentially sell for. You will be able to use this information to figure out the minimum and maximum realistic price point for your home. Now, make sure you get a range of different valuations, as you will tend to find that sometimes experts can differ fairly significantly in their estimations. Getting a few different valuations will help you to understand whether a price is right, as well as giving you a good idea of what you can expect to receive, as well as what other properties in our area have gone for. A valuation is an important step, but it is important to remember that it is a guideline and nothing more, so don’t take it to heart if you don’t get the outcome you want.
Understand the Market
It is imperative to understand the current property market as much as you can, if you are serious about increasing your chances of making a great sale. Of course, this market is wildly unpredictable, but it is important to try to do a bit of research so that you can understand the post-COVID property market, and what you should come to expect from it. There are certain trends that are noticeable in the recent market, such as people targeting homes with an outside space, as well as looking to move outside of the big cities, perhaps for a slower pace of life. Studying the market can help you a lot when it comes to trying to sell your home, and focus on the strengths of your property.
Check out Other Property Prices
Another thing you need to think about is what has happened with other properties in your area. Looking at what other homes in your area have sold for is a good barometer of what you can expect moving forward. This gives you an idea of what you may need to do to your home in order to secure the sale you want. It also helps you to understand the areas of the property that need work and that you can successfully improve. It’s always good to know what other people have been able to sell their homes for, and this is certainly an important part of the process when it comes to trying to sell your home in the best and most effective way possible.
Think About Where You’re Moving To
Something else you need to keep in mind is where you are planning on moving to, as this will have an impact on the sale you are trying to make. You need to know you can afford your new home, and you’ll need to plan the move in advance. So this means you need to know the process when it comes to the sale of the home, who is going to be your buyer, when the sale will complete, what additional costs there might be, etc. And the same is true of the purchase you are making; one impacts the other, so you need to bear both in mind when you are sorting out the sale of your home, and how to make the most of it to get the desired outcome right now.
Renovate & Make Repairs
Now, one of the best ways of being able to improve the way you sell your home, as well as the amount you are likely to get for your home is by renovating and making repairs. There is plenty you can do to improve the home, and making changes that have been needed for a while is really important. You want to present the best looking property you possibly can, and there are a lot of steps you can take in this process. Fixing areas of the home that need to be improved is really important, and you can do things like hire a residential door installation company to improve the doors of the home and make a big difference to the aesthetic and appeal of the home. In addition, you can also transform key areas of the home to make them stand out and add more appeal.
Add Value
Increasing the value of your property is one of the most important things you can do when looking to sell your home. You want to be able to get the best possible price from your home sale, and this could mean making changes that are going to significantly increase the value of the property. Now, there is a lot to consider with this, and you need to focus on the areas that can provide the greatest value to the home. For instance, an extension or a brand new kitchen can add a lot of value and appeal to the property, and this is something that you need to keep in mind. It is also important to think about things like changing the boiler, modernizing the home, and going for hardwood flooring. These are all steps that can and will add great value to the property moving forward, and this is something you should be looking to consider in order to increase the value of the home when selling it.
Hire a Property Agent
If you are serious about getting the best possible sale you can, one of the best things you can do to achieve this is to make sure you hire a property agent to take charge of this for you. Having experts to quarterback the whole process reduces a lot of the stress that you have to deal with, as well as ensuring you don’t make any mistakes during the process. A property agent takes charge of the sale, guides your decision-making, and helps you achieve the absolute best price for your home, which is essential. Make sure you choose the right ideas that can help you to make the sales process as straightforward as possible, and a property agent is integral to this.
Choose the Right Price
Perhaps the part that matters the most when you are trying to get the best price and the smoothest possible property sale is the asking price you choose to set. Now, this matters more than you think, and it is much easier to go wrong with this than you may think. A lot of people start off too low and wind up losing money as a result, whilst some grossly over price, and their home sits on the market for months and months. The thing to remember here is that a lot of the time people will offer under asking price, so it is often a good idea to choose a price higher than the one you want to receive. However, in the post-pandemic housing market, it’s not uncommon for places to sell for well above asking, and to even be the subject of bidding wars. So this is something that you need to talk to your realtor or property agent about to get the best possible price point.
Decide on a Market Strategy
You need to make sure you decide on a market strategy and look at what you can do to help improve your chances of getting the sale you want. There are so many factors you should be thinking about when it comes to improving and enhancing your market strategy, and this means focusing on how you present and market the property, the price you choose, the viewings you host, whether to hold an open house and plenty more besides. This is one of the key elements you need to get right as soon as you can when it comes to securing the sale you want, and the price you want.
You need to make sure you come up with the right tips and techniques that you can use to help you improve the way you sell your home, as well as being able to get the best possible price. This is something that can help you on your new journey, as well as allowing you to get the new home you’ve always wanted as a result.
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Kaya Wittenburg
Kaya Wittenburg is the Founder and CEO of Sky Five Properties. Since the age of 10, real estate has been deeply ingrained into his thoughts. With world-class negotiation and deal-making skills, he brings a highly impactful presence into every transaction that he touches.
He is here to help you use real estate as a vehicle to develop your own personal empire and feel deeply satisfied along the way. If you have an interest in buying, selling or renting property in South Florida, contact Kaya today.