7 Ways You Can Make More Money When You Sell Your Home

If you’re planning to sell your home, there are several ways to increase the amount of money you make. Some real estate agents advise improving your home’s interior design to attract more buyers. Other tips include staging your home and conducting a pre-listing inspection.

Decluttering

When you’re getting ready to sell your home, one of the most important things to do is to declutter. In the United States alone, a household holds over 300,000 items. Whether you’re moving due to a divorce, decluttering for a sale, or just downsizing, there’s a good chance you’ve had your home for decades. Whatever the reason, decluttering your home can help you sell it for more money.

Decluttering can improve several aspects of your sale, from the way the home looks to the way it smells. Clutter can make it difficult for air to circulate, and potential buyers cannot imagine living in a home with bad odor. Your home’s smell is one of the first things that clients notice as soon as they walk through the door.

Staging

Staging your home is one of the best decisions you can make to maximize the return on your investment when you sell your home. It will increase interest, lead to more offers, and speed up the sale process. A professional staging company will help you stage your home for maximum profit.

Home staging involves making your home more appealing and inviting to potential buyers. The process may involve investing in new furniture and decorating accessories. You may also need to upgrade your light fixtures. But make sure everything you do is in line with your overall design plan. In addition, storage is a crucial decision point for buyers, so you may want to clean out your closets and organize them to maximize storage space.

Pricing

Setting a price that makes sense for your home is the first step to a successful pricing strategy. There are several factors that affect a home’s value, from water views to walking distance to updated kitchen appliances. It is important to consider all of these factors when determining a listing price.

Pricing your home isn’t an easy task, but it’s crucial to the success of the sale. The first two weeks of exposure are critical, as your home will be exposed to every active buyer in the area. If you overprice your home, you risk losing this initial audience and relying on a trickle of potential buyers. After all, home prices have a limited shelf life, so it’s important to get it right.

FSBO

Using a real estate agent can cost you a great deal of money, so a FSBO can help you save money in the long run. A typical real estate commission is 5% to 6%, which can mean up to $10,000 or $12,000 for a $200,000 home. However, a FSBO seller can save as much as 50% by negotiating the commission with the buyer’s agent. Another advantage of FSBO selling is the fact that you can save on closing costs.

FSBO sellers can save thousands of dollars on commissions by negotiating lower listing fees with top agents. They can also enjoy the full service of an agent without the high cost. Using a FSBO service can also provide you with an accurate idea of what your home is worth.

iBuyer

Compared to selling your home through a real estate agent, selling your house through an iBuyer can save you thousands of dollars. Typically, home sellers have to pay a commission to the agent, which varies by region. A typical listing agent commission is 6%, which is about $24,000. Then, the agent splits that commission with the buyer’s agent. This can add up to over $13,000 if you’re selling a home for $240,000. An iBuyer’s fees are not included in the final sale price.

Unlike a traditional agent, an iBuyer is more likely to purchase your home in good condition. In addition, iBuyers usually don’t renovate or repair houses; they focus on buying homes that don’t need a lot of extra work. This allows them to close quickly without requiring you to invest a large amount of money.

DelAria Team
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