7 Home Selling Preparation Tips
So you’ve decided to sell your house? Now, you have to do everything you can to get the best return on your investment. How can you get the highest resale price and maximize your returns? Here are 7 helpful home selling preparation tips from the house buying experts at PropertyLark:
1. Make Necessary Repairs
There may be some buyers out there looking for a fixer-upper and that’s great. However, if you have the time and money to make necessary repairs around the house, that will be your best plan. Fix holes in the walls, repair leaky pipes and faucets, replaced damaged flooring, install new appliances if the old ones are shot. Look at every repair or upgrade as an investment that will ideally increase the perceived value of the property in buyers’ eyes.
2. Clean Up the House
Get the house as clean as possible before you start showing it to buyers. Throw out any stuff you don’t need (things you will probably be throwing out during your move anyway). Add a fresh coat of paint and have the carpets professionally cleaned (or replaced if needed). Clean the property from top to bottom. Buyers will instinctively feel better when they walk into a clean home.
The first home selling preparation tip that any professional home stager will offer is to “declutter” around the house. Pack away all your knick knacks, pull down a few photos and decorations, get rid of excess furniture and other belongings that just take up space—especially in showcase rooms like the kitchen, living room, bathrooms and bedrooms. Make your home feel open and inviting to potential buyers who don’t want to see a bunch of junk strewn about.
Another common mistake made by home sellers is keeping the house too “personal.” It can be hard to depersonalize it, but it should be done to the best of your ability. You’ve spent years making the house “yours.” Now, you want buyers to come in and be able to imagine it as “theirs.” If your family photos and personal touches are everywhere, it’s harder for them to visualize themselves living there. It feels too much like someone else’s house.
5. Think Neutral
In terms of depersonalizing and redecorating for a potential home sale, try to go more neutral with colors and stylistic choices. Again, this is about making it feel less like your living space and allowing the buyer to imagine what they can do with it. Use neutral colors like whites and off-whites when you repaint the walls. Keep it simple, yet inviting. This is the key to a successful sale.
6. Take Your Time
Unless you are in a hurry to sell because of financial distress or some other sort of life event that is causing you to move quickly (divorce, job relocation, unwanted inherited property, etc.), you should take your time. A traditional home sale is not a quick process, nor should it be. The seller can do what’s needed to get the property ready for marketing and listing. You can interview several real estate agents and find one you are most comfortable working with. You can accept offers and review them carefully to determine the best buyer. Don’t rush and make sure you are making the right decisions.
7. Explore Your Selling Options
Don’t be afraid to explore other home selling options. This is especially true if you are in a situation where you would like to (or need to) sell as quickly as possible. You can consider selling it yourself (“For Sale By Owner”). You can sell it to a cash home buyer like PropertyLark or another real estate investor. A cash sale eliminates the need for all the home selling preparation tips above. Cash buyers will buy properties in as-is condition and the cash purchase will close much faster than an escrow sale where the buyer’s financing has to be finalized. Depending on your ownership situation, there may be other creative seller financing options worth considering. The point is, if you explore all your home selling options, you just might find a solution that better fits your needs and may even result in more cash in your pocket when all is said and done.
These are just a few home selling preparation tips that you can consider when it is time to sell your house. If you would like to get a no-obligation fair cash offer on your house from PropertyLark, fill out the contact form and let us know about your property. If a cash sale isn’t the best option for you, we will work with you to find a selling or leasing solution that is—including a traditional sale through our Realtor® referral network. We are a full-service real estate company that offers many different selling and financing options for home sellers in every type of situation you can imagine.