Whatever your reason may be when selling your home, one of the common problems many people experience is not being able to get the best price for their home. Let’s admit it, the real estate market is unpredictable and with the sluggish economy, it seems like getting a higher price than what other people have offered seemed impossible.
The truth is, despite the economic crisis, you can still get the best price when selling your property. It all falls down on the right techniques to be used. Here are the top 5 tips that you may take into consideration to get the best value for your beloved home.
Top Tips on How to Get the Best Price When Selling Your Home
1. Choosing the Right Real Estate Agent
This is definitely where most people make the common mistake. Don’t just choose a real estate agent you find out there. Find someone who offers only the lowest fees. This means that you’ll have a bigger margin for profit and fewer fees will go to your agent.
Start by asking your family, friends, neighbors or other relatives if they can refer to someone that has low-cost fees. Additionally, you may also check the internet or start talking to different agents to compare their fees and services rendered. Talk to at least 3 – 4 and request for a quotation for comparison.
2. Be Proactive
We know how tough it is to negotiate with other people, but don’t just sit there. This is your property and being proactive will help you get the best rates for your house. Do your own research and find out how much your home can be valued at. You may check other realtors and don’t forget to keep in touch with your real estate agent as often as you can.
Don’t just leave the work to your agent. You need to get involved to make sure that you’re getting the best prices for your home.
3. Renovate or Extend
Without over capitalising or going OTT, have a look at areas of the home that could be improved by a renovations builder, we’re talking bathrooms and kitchens for best results. Another area, not often thought about, that could be improved is the garage. It could be turned into a games room, teenager’s retreat of an additional bedroom. Epoxy flooring could make this space look sensational
4. Eliminate the Clutter
Concentrate on the space of your house and lot. When there is less clutter, buyers will have the common notion that they’re benefiting a lot from your space and it’ll give them the confidence to buy your property.
5. Everyone is a Potential Buyer
Whenever someone shows interest in your property for sale, entertain them. Everyone can be your buyer and never turn them down. You’ll never know who you’ll make a deal with.
According to recent studies, potential buyers are always turned down when the property is dirty, as well as whenever the agents and sellers are rude. Always face these potential buyers no matter what their race or gender may be.
Getting the best price for your home is always possible, given that you follow the top 5 tips listed above. Before you start selling your home, go over these important factors to make sure that you’ll get the best deal possible.