Oftentimes families see their home as one of their most valuable assets. However, there comes a time when a family needs to sell their house, regardless of its financial and sentimental value. Some people who have found new employment in a different city as well as those who need larger homes for their growing families are the ones who often need to sell their property to purchase a new one.
Whatever the main reason, there are common steps that you have to take when planning to sell your house. These include spending money and time to market or promote your property. You can do the task by yourself, or you may employ a real estate agent who can prepare the necessary marketing materials and represent you to potential buyers. If you want a higher market value for your home, renovating it is an ideal option.
Remember though that renovating a home, whether small or big, requires money and other resources. If you do the project right, you can expect greater profit. On the other hand, an improper renovation project will only cost you money and will prolong the time to sell the property. Thus, to maximize gains while minimizing expenditures, you have to employ the right people for your renovation project.
Additionally, it is economical to keep marketing expenditure to a minimum. Know that marketing approaches vary according to the type of property you are selling. If it is only a small house or unit, then you don’t have to spend as much as you would when advertising a three-storey house or a luxurious condo. Today, it’s common to spend just about one percent of the home’s anticipated sales price on your marketing efforts. Still, it’s your decision as the seller if you want to spend more to advertise your home.
There are many ways to market a home to potential buyers. But to ensure success, you first have to secure a good set of photographs of your home. Without photographs, buyers will likely ignore your listing. Make sure you take pictures of each room, without clutter or any pets in sight. Focus on interesting details, and repair your windows, repaint your walls and polish your floors if needed. Proper lighting is likewise necessary to produce quality photographs, so avoid shooting in dark or shady corners of the house. You can also take shots of your home’s exteriors but avoid including shots of your neighbors’ houses.
These are only some of the vital tips you can follow when planning to sell your house. Remember that homes are a great investment, so even before planning to refurbish or market it, decide whether it is better to sell or keep it for your family.
Author: Anne GilmoreThis author has published 3 articles so far.