How To Get The Most Money When Selling Your Home – The content in this article is provided for general information purposes only and does not constitute professional advice. Do your own research and/or seek the advice of qualified professionals appropriate to your particular circumstances before acting. Home Warranty ASSUMES NO RESPONSIBILITY AND SPECIFICALLY DISCLAIMS ALL LIABILITY FOR YOUR USE OF ANY AND ALL INFORMATION CONTAINED HEREIN.
The moment you list your home on the market is both exciting and nerve-wracking. Although there are many things to focus on during the home buying and selling process, there is often one concern on every seller’s mind: Can I sell my home for or more than it is worth? Use these easy solutions to sell your home for more than it’s worth!
How To Get The Most Money When Selling Your Home
(These figures were accurate at the time of writing in 2014. Some links have been updated since 2018.)
Home Seller Tip: Clean Houses Sell For More Money
One of the best ways to sell your home for more money (and fast!) is to declutter, clean, and stage the space. A dirty, cluttered house looks small and makes the buyer wonder how much money they have to spend to get the house ready. By spending about $200 on cleaning and tidying up the space, you can increase your selling price by $1,500 to $2,000. Get your personal possessions out of the house, remove things from your closets until they are about 2/3 empty, and organize. Drawers and cabinets. Place the odds and ends in small groups of three and discard the extra decorations to add space to your home. You want to neutralize the decoration, colors and spaces of your home. This allows buyers to picture themselves and their belongings in the home instead of feeling like they are trespassing on someone else’s home.
The lighter your home, the more open it feels. By making some lighting upgrades worth between $200 and $300, you can increase the resale value of your home by $1,000 to $1,500. Make sure you use the right type of lighting for the different rooms of your home. High-wattage bulbs can make a tight space appear larger, while softer light can make an empty space seem smaller. Changing the lighting in your home doesn’t have to be all about the light bulb either. Remove heavy drapes and shades to open your windows and let natural light into your home. If you don’t get much natural light from your windows, consider a skylight or solar tube to save on electricity and give the room a more natural feel.
Putting a fresh coat of paint on your home can increase the value of your home by $1,500 to $2,000. Repainting your home and getting rid of any scuffs and scratches will help paint your rooms and make them look brighter and brighter. . When choosing a color, choose a clean white or light neutral color. Lighter colors open up the room, while darker colors make the room smaller. Painting in neutral colors allows the buyer to create their own space in their mind as they tour your home. Not all interested parties will like your same color scheme, and an unattractive color may seem like a lot of work and money to a potential buyer.
A study by the Service Contract Industry Council found that listed homes that have a home warranty stay on the market less time and sell for more money than homes without a home warranty. Homes with home warranty plans sold 11 days faster and $2,300 more than homes without home warranty plans. SCIC Executive Director Tim Meenan said in a press release, “Buying a home is a significant investment and can cause a lot of anxiety. Fortunately, since home warranties can be transferred to the new owner, buyers realize that The added protection of a home warranty service contract can alleviate this concern.”
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Buying a home warranty for listed homes on the market means more protection for home systems and appliances and peace of mind for the new buyer. The peace of mind that buyers feel with an included home warranty plan can pay off big time for a home seller!
Just like you want to make a great first impression with new people you meet, you want your home to make a great first impression when a potential buyer pulls up your driveway. This is known in the real estate industry as “curb appeal.” Even if your home isn’t the newest or most up-to-date, great curb appeal can increase your home’s value. Here are some things you can do to get the best return on your investment and help increase the value of your home:
According to Remodeling.net’s Cost vs. Value Guide, replacing a garage door is the most lucrative remodeling project a homeowner can do for their listed home. Replace your garage door with something stylish and new and get 98% of your money back. According to the National Association of Realtors Research, a new garage door can cost as little as $2,300, so if you can get a good deal like this, you can increase the value of your home by a lot! If garage door replacement is too expensive, power wash and paint your garage door to make it shine when potential buyers come to visit your home.
Another remodeling project with a high return on investment is replacing your front door with a steel door. Although Remodeling estimates the project to cost around $1,471, Home Advisor estimates
Tips And Strategies For Selling Your House Fast And For Top Dollar
It costs between 500 and 1230 dollars. Your front door replacement can be paid for with a new steel door that increases home value by $1,344! If replacing the door seems too difficult, cleaning and repainting the door can also add curb appeal.
According to the National Association of Realtors Research, one of the best updates you can make to your home to increase its value is reroofing. The NAR estimate of what a homeowner would pay to replace a roof is $7,500, but sellers can get a 109% return because a new roof increases the home’s value by $8,150.
One of the cheapest ways to enhance your home’s curb appeal is to landscape your front or backyard. This should not be ridiculous. According to the Home Selling Maximizer Guide, you only need to spend about $300 to $400 on landscaping to add $1,500 to $2,000 to your home’s value. This includes pruning trees and shrubs, power washing, planting flowers and weeds, and removing leaves, plants, and dead trees from the yard.
As you can see, increasing the value of your home while it is listed on the market can be easy. One of the easiest (and most profitable) ways to increase home value is to purchase a home warranty for a potential buyer. Buyers can rest easy knowing that the systems and appliances they cover come with a home budget warranty. With Landmark Home Warranty, the seller can order listing coverage while the home is on the market, and convert the listing coverage into a full home warranty plan when the buyer makes an offer. All Landmark home warranty programs for homes involved in real estate transactions cover major home systems and appliances. (Be sure to see the Landmark Home Warranty Agreement here for complete coverage, limitations and exclusions.)
Fix Up Your House To Sell: Get The Most Money For Your House And Sell It Quickly: Caran, Ray: 9781450596893: Amazon.com: Books
Looking to buy or sell a house? Are you a real estate professional looking for helpful resources to educate your clients? These articles will help guide you through the process of buying or selling a home.
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Enter your information and get a free, personalized home warranty quote. You can customize the coverage and price to suit your needs. Experience what over 70,000 homeowners already know: A master home warranty helps protect your home and your budget! In this week’s video, I offer 8 hacks for making the most money when selling your home or vacation property. Even in this seller’s market, you’ll still want to find ways to get top dollar for your hard-earned property — and sell as quickly as possible — so you can move on to your next real estate adventure.
Special thanks to Mac Miltz of Loftyworx for the awesome drone FPV video example you’ll see in this video!
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Choosing a professional realtor is priority #1, and your realtor will guide you through many of these essential steps: listing at the right time, staging your property, and marketing. Understanding your property’s STVR capabilities so you can market it to potential buyers
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