It is very important to first calculate the expenses that may be incurred while selling your home. This knowledge is necessary because it helps you determine the foundations for a good price of your home, as well as the potential profit that you can realize. The cost of selling your home will include things like commission to be paid to the buyer’s agent, excise taxes, property inspections, misc. closing costs, etc.
Besides, you’ll need to know how much you’ll net after the sale for your next purchase considerations. A Employee Home Benefit™ real estate advisor can help you estimate your net sale proceeds in a matter of moments.
SALES PRICE
The most important factor when putting your home on the market is setting the right price. The price at which your property is marketed can make or break the deal.
In today’s Covid market environment, many homes are selling well above asking price. Although tempting, it’s a potential strategic outcome, not the rule. So, to accurately price your homes, lean on the years of market experience of your Employee Home Benefit™ Certified Partner Network Real Estate agent to ensure the best outcome. Remember, not every home sells above asking price and time on the market is a factor to consider, especially if you have your eye on another property to purchase.
A Employee Home Benefit™ Certified Partner Network Real Estate Agent can provide you with a complete home marketing analysis at no charge so that you can list your home with knowledge and confidence that the terms presented are what is best for you.
PROPERTY CONDITION
The condition of your property can also be a factor in how quickly your home sells. A little elbow grease goes a long way here! It’s a fact: acquiring the highest market value and elevating your home above the others in the same price range often comes down to first impressions. There is a myriad of inexpensive ways to maximize your home’s curb appeal. So, imagine you’re having a photographer from a home magazine stopping by to shoot photos – because they are!
- Keep the grass cut and yard clutter to a minimum.
- Apply fresh paint to any wooden fences and your front door.
- Clean windows inside and out.
- Wash or paint your home’s exterior as needed.
- Ensure gutters and other exterior items are firmly attached.
STAGING
Did you know well-placed furniture can open-up rooms and make them seem larger than they are? Or, that opening drapes and blinds and turning on lights make a room seem bright and cheery? It’s true, which is why staging your home to look its absolute best is an important factor in the selling process.
Here are some inexpensive ways to highlight your home’s best features:
- Clean, touch up or paint walls and ceilings.
- Clean all flooring and fixtures – lights, faucets, light switches, etc.
- Repair all plumbing leaks or any damage from them.
- Remove excessive wall hangings, furniture and extra personal goods.
- Turn on all lights and open the drapes during the daytime.
- Infuse your home with a comforting scent.
- Leave the property when it’s being shown to prospective buyers.