Home Seller Resources May 17, 2018

5 Ways to get More Money When Selling Your Home

Helpful tips to help you put more money in your pocket!

Looking to sell your home? Here are 5 easy and cost-effective ways to get more money when selling your home:

1. Clean and Declutter

Invest in ways to improve your organization and reduce clutter. When you are ready to take photos, begin marketing or showing your home you want buyers to focus on the great features that the property offers, not the mess you left behind. Investing in storage solutions is a cost-effective way to reduce your clutter. Additionally, we recommend minimizing the amount of furniture and unnecessary items as much as possible.

2. Modernize and add Pizazz

If it’s been a couple years since you’ve last painted, it is a good idea to invest in a can or two of paint. Extensive renovations can cost thousands of dollars, removing old wall paper, updating out-of-date paint or adding an accent wall, can dramatically change the feel of your home, for a lot less. Additionally, another great option to add some sophistication to your space is adding trim or crown molding.

3. Improve your Curb Appeal and Entry Door

When you’re staging your home, don’t forget out the exterior! Besides making sure your yard is picked up, and grass is tidy, there are a couple things you can do to improve your curb appeal without breaking the budget, like pressure washing your outdoor siding or giving it a fresh coat of paint. Another great option is adding potted planters or if you already have flowers or shrubs, adding mulch. Last, but not least – replace your entry door with a new (steel) front door. Replacing your front door is relatively inexpensive (on average less than $1500), and research has shown that 73% of the cost can be recouped in sale (Remodeling.com, 2018).

4. Market with High-Quality Photography (with Staging)

“You never get a second chance to make a first impression” (Andrew Grant). For most buyers, the first thing they see will be the photos of the home. This is why it’s extremely important to not only have photographs in your listing, but to have high-quality photos. Part of what makes the difference between good photos and great photos is staging. In a statistic provided by the National Association of Realtors, 77% of buyers find it “easier to visualize the property as their future home” when it’s staged. Additionally, over half (58%) of Seller’s Agents believe staging increased the value of the home 1-20% (National Association of Realtors, 2017). So, after you’ve decluttered your home, make sure your home is properly staged before getting your photos taken.

5. Use a Realtor

While doing all or some of these will help to add value to your property, what will help you get the most return is using a quality realtor. The National Realtor Association has found that on average Sellers get 13% more with the sale of their home with a realtor than by selling on their own (National Realtor Association 2017). Additionally, having an expert in staging, marketing, and negotiation, and a partner to help guide you is invaluable!

Want to learn more? Have questions? Learn more about our Realtors and find the right Realtor for you at www.coldwellbankerishome.com/agents.