The prospect of selling your home can seem daunting, especially when you’re looking to buy another property at the same time. Check out this article for a few tips on how to make your boost the value of your home and sell it faster.
Homeowners are somehow hesitant to upgrade when it's time to sell. After all, they’re not going to be there for long; investing in the home can easily seem counterproductive. However, home remodeling efforts can easily increase the value of your property. As a matter of fact, upgrading your living place can make the difference between getting multiple bids fast and spending months without any good prospects.
According to Zillow, 2015 will be a big year for home buyers. U.S. rents will outpace home values and Millennials will overtake Generation X as the largest group of buyers out there. Additionally, it’s estimated that buyers will get back more leverage in the market, while sellers will have to deal with competitive pressure for a change. If you’re looking to put your house on the market, you need to get creative. Setting the stage for success is the key to make a lasting impression on prospective buyers. We’ve gathered a few tips that will help you sell as quickly as possible, at your asking price.
Stand Out
The first thing you need to do is improve your home's aesthetics, including the exterior. If you’re selling a house, the front yard is the first thing that people notice. A tended and appealing exterior will make a good impression. Choose colors and designs that will appeal to the widest audience. Fresh paint, attractive landscaping, and outdoor furniture will instantly give the house a cozier vibe. If you have any extra features, such as an outdoor pool or a fire pit, make sure they are clean and functioning. Additionally, consider installing exterior lighting. According to the National Association of Home Builders, it’s the most-wanted outdoor feature for home buyers.
If you’re selling an apartment, stage the outdoors as well. Even if your condo only has a small balcony, make it look more charming by turning it into the perfect breakfast spot. All you need is a coffee table and a couple chairs. Add a few green plants and you’re golden.
Clean
This should go without saying, but properly cleaning the place will go a long way when it comes to attracting home buyers. Due to familiarity, you're likely to overlook some aspects of cleaning that a scrutinizing potential buyer won't. Make sure less-accessed areas (baseboards, blinds, roof gutters) are sparkling. Hiring a cleaning crew to do all the hard work can easily spare you some hassle. It’s the cheapest way to make your home more appealing - shining floors and gleaming windows go a long way when it comes to making a long-lasting impression.
Clear the Clutter
Getting rid of some on the clutter will make the home look more spacious. Buyers need to be able to picture themselves in the space, so hide away any extra furniture, clothes, or personal items that are lying around. However, don’t go overboard. The home still needs to feel lived in. A vase with flowers in the living room and a basket of fresh goods from the farmer’s market on the kitchen counter will help you strike a balance between clean and lived-in.
Consider hiring a stager who can help during this process. This can be particularly useful if you don’t have a trained eye when it comes to what works in a space and what doesn’t. Stagers may make your home more saleable, so it’s worth looking into this possibility.
Invest in Technology
Besides making your home as picturesque as possible, you also need to appeal to the largest group of buyers out there - Millennials. According to a survey cited by Avidia Bank, 77 percent of next-generation homeowners prefer a home that encompasses the technological capabilities they grew up with and have become accustomed to.
The survey revealed that participants wanted a home with an energy-efficient washer and dryer (57 percent), followed by a security system (46 percent), and a smart thermostat (44 percent). At the end of the day, investing in technology might prove more profitable than remodeling your service bathroom.
Sweeten the Deal
Finally, another way to make your home more attractive to prospective buyers is to offer certain incentives which can speed up the selling process. Offering to pay closing costs or promising buyers they will be able to close on the home in a short period of time might help you seal the deal more quickly. Leaving behind some home furnishings or appliances that you'd normally take with can also make a difference.
Selling takes a lot of work and the right kind of patience. In the end though, nothing beats a good game plan. Make sure your home is in the best possible shape before showing it to prospective buyers. All your hard work will pay off in no time.
Homeowners are somehow hesitant to upgrade when it's time to sell. After all, they’re not going to be there for long; investing in the home can easily seem counterproductive. However, home remodeling efforts can easily increase the value of your property. As a matter of fact, upgrading your living place can make the difference between getting multiple bids fast and spending months without any good prospects.
According to Zillow, 2015 will be a big year for home buyers. U.S. rents will outpace home values and Millennials will overtake Generation X as the largest group of buyers out there. Additionally, it’s estimated that buyers will get back more leverage in the market, while sellers will have to deal with competitive pressure for a change. If you’re looking to put your house on the market, you need to get creative. Setting the stage for success is the key to make a lasting impression on prospective buyers. We’ve gathered a few tips that will help you sell as quickly as possible, at your asking price.
Stand Out
The first thing you need to do is improve your home's aesthetics, including the exterior. If you’re selling a house, the front yard is the first thing that people notice. A tended and appealing exterior will make a good impression. Choose colors and designs that will appeal to the widest audience. Fresh paint, attractive landscaping, and outdoor furniture will instantly give the house a cozier vibe. If you have any extra features, such as an outdoor pool or a fire pit, make sure they are clean and functioning. Additionally, consider installing exterior lighting. According to the National Association of Home Builders, it’s the most-wanted outdoor feature for home buyers.
If you’re selling an apartment, stage the outdoors as well. Even if your condo only has a small balcony, make it look more charming by turning it into the perfect breakfast spot. All you need is a coffee table and a couple chairs. Add a few green plants and you’re golden.
Clean
This should go without saying, but properly cleaning the place will go a long way when it comes to attracting home buyers. Due to familiarity, you're likely to overlook some aspects of cleaning that a scrutinizing potential buyer won't. Make sure less-accessed areas (baseboards, blinds, roof gutters) are sparkling. Hiring a cleaning crew to do all the hard work can easily spare you some hassle. It’s the cheapest way to make your home more appealing - shining floors and gleaming windows go a long way when it comes to making a long-lasting impression.
Clear the Clutter
Getting rid of some on the clutter will make the home look more spacious. Buyers need to be able to picture themselves in the space, so hide away any extra furniture, clothes, or personal items that are lying around. However, don’t go overboard. The home still needs to feel lived in. A vase with flowers in the living room and a basket of fresh goods from the farmer’s market on the kitchen counter will help you strike a balance between clean and lived-in.
Consider hiring a stager who can help during this process. This can be particularly useful if you don’t have a trained eye when it comes to what works in a space and what doesn’t. Stagers may make your home more saleable, so it’s worth looking into this possibility.
Invest in Technology
Besides making your home as picturesque as possible, you also need to appeal to the largest group of buyers out there - Millennials. According to a survey cited by Avidia Bank, 77 percent of next-generation homeowners prefer a home that encompasses the technological capabilities they grew up with and have become accustomed to.
The survey revealed that participants wanted a home with an energy-efficient washer and dryer (57 percent), followed by a security system (46 percent), and a smart thermostat (44 percent). At the end of the day, investing in technology might prove more profitable than remodeling your service bathroom.
Sweeten the Deal
Finally, another way to make your home more attractive to prospective buyers is to offer certain incentives which can speed up the selling process. Offering to pay closing costs or promising buyers they will be able to close on the home in a short period of time might help you seal the deal more quickly. Leaving behind some home furnishings or appliances that you'd normally take with can also make a difference.
Selling takes a lot of work and the right kind of patience. In the end though, nothing beats a good game plan. Make sure your home is in the best possible shape before showing it to prospective buyers. All your hard work will pay off in no time.