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Placing your home on the market is a big decision. Apart from the sentimental aspect, it is a major financial step. When your home is for sale, you should be alert to these five issues that can impact the value and marketability of your home. Many people miss these factors, and they often pay a price with a slower sale or a lower price.
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Expect a Home Inspection
Most home buyers rely less on their own skills and more on the input of a professional. Home inspectors review a long list of factors that influence the cost and livability of a home, and they provide a detailed report to the potential buyer. Addressing the issues that these inspectors will look for is a great way to help create a more positive report.
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Realtors Make a Difference
Many sellers think the home will sell itself. They just choose a price, put up a sign, and make posts on social media. These sellers don’t realize how much help is available from real estate agents. From staging to price-setting, real estate professionals are able to provide critical data that will help your house bring a better price. They also have better marketing and networking resources.
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Small Details Matter
Curb appeal is a real factor. If your home does not make a positive impression when a potential buyer first sees it, you have an uphill battle to get it sold. This includes obvious things like keeping the yard mowed and the spider webs at bay, but it also includes things like the pictures you post online. If photos are deceptive or appear to have been retouched, potential buyers will immediately be turned off when they arrive. If you are worried about presentation, you can hire a professional photographer to make your home show its best qualities.
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Upgrades Can Pay Off
Some sellers make the mistake of believing that it’s a waste of money to pay for upgrades to a house that will be going on the market. The opposite is true. Certain renovations, remodels, and upgrades are proven to add value. Buyers like to buy a home that is ready to go and won’t need messy renovations before they can move in. Research which options are most helpful to your bottom line. You may be able to turn a nice profit on your investment.
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Time of Year Matters
There are times of year when people just aren’t shopping for homes, and there are times when the market is strong. Generally speaking, buyers aim for a warm-weather closing to facilitate moving, but other factors can play a part as well. This factor is locally-determined, which is another good reason to work with a realtor.
When you offer your home for sale, you want to move it quickly but also at a satisfactory price. Neighborhood trends and the overall economy play a big part in the bottom line you’ll see, but the factors above play a bigger part than many people expect. Consider the small details and it is likely to pay off.
By Lizzie Weakley
who is a freelance writer from Columbus, Ohio. In free time, she likes outdoors and walks in the park with her three-year-old husky, Snowball. She recommends these real estate agents.
Member since August, 2019
View all the articles of Lizzie Weakley.
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