Choosing to sell your home is a big decision. Not only are you saying farewell to somewhere you have no doubt made a lot of memories in, but you are also putting yourself forward for a complicated transaction that might take a long time to finalise. No matter why you are choosing to move, you should try to get as much money as possible from the sale of your home. Here are some of the best ways you can do so.
Find a Discount Real Estate Broker
You nearly always have to go through a real estate broker when selling your home. Even if you think “I need to sell my home cheap,” you might see the costs quickly ramp up as you begin to look into broker fees. When trying to turn a serious profit on your home, you need to save money on real estate commissions as best as you can.
By using a discount real estate broker, you can list your home and find the perfect buyer at a fraction of what this might usually cost. Find a broker who is fully qualified but available at a discounted price will help you keep some of the money you get from the sale.
A broker will be one of the key people involved in ensuring that your home is sold correctly. Unless you are opting for a private sale, you really should not try to go through with a sale without one. Finding a broker who works for your budget is going to be key.
Add Simple Upgrades to Your Home
There are several key upgrades you could make that will raise the overall cost of your home. Though you may be attempting to sell your home on the cheaper side, this might require you to spend a little money to do so.
Big money-makers are kitchens and bathrooms. By upgrading these, you can seriously improve the price of your home. While kitchen and bathroom makeovers can be incredibly expensive, you can also find some more affordable alternatives that are nevertheless high-quality. Even a few simple upgrades to bring the quality of these rooms and remove any general wear and tear you have left over the years will be massively beneficial.
There are plenty of other small changes you could make that will have an effect on the price of your home. Curb appeal has more of an impact than you might think. If you make your home look inviting and warm on the outside, you are more likely to attract interest from buyers. When it comes to updating your curb appeal, you can easily change a few small things to make your home look more welcoming.
Make sure the gutters are clear and tidy. Take care of any peeling paint and wash down any paths or consider regravelling your driveway. Acquire some cheap but attractive potted plants and arrange them around your door. These are all small but effective ways to really make a difference to your home and they could be key in acquiring a serious buyer. You never know when someone might be passing by and happen to see your house, only to fall in love as you once did.
Consider Downsizing
People have different reasons for moving. Some have to move for a job, or they might need to look for more space to accommodate a growing family. However, if you have a goal of making a little money in this move, you should consider trying to downsize to maximise the money you could make.
If you are moving, find out what the average property price is in your new area. You could be moving somewhere that is much more affordable than your previous address. This gives you the chance to potentially find a lot more property for your money. If you have always dreamed of a bigger house but have so far been unable to afford it, this might be the perfect time to invest in your ideal home.
Alternatively, your children might have just moved out and you have realised that you have more space than you could ever need. Downsizing will be cost-effective in multiple areas. Not only will it give you lower bills and a more manageable home, but it could also hopefully give you a lump sum of money that could go towards something fun like a holiday or a new car.
Save Money When Buying Too
Realtor fees don’t just eat into your pockets while selling. You also need to make sure that you are not spending too much on fees and commission when buying your new place. Take a look at the cost of some of the realtors in your area. If you have found a low-cost one to sell your home, they may be willing to give you a helping hand buying a new place too.
Remember that buying a new home can be incredibly expensive even if you are downsizing. In addition to all the costs associated with the sale of the new property, you are also going to have to spend quite a bit on moving services and other small costs that once again begin to add up.
Throw in the usual problems with your household and it is easy to see why moving home can be one of the most stressful things you can do in life. It is possible to save money during a big move like this, you just need to be careful in where you choose to spend.
Start the Selling Process Today
Choosing to put your house on the market is a big decision. No matter why you are choosing to sell your property, it is more than possible to make some money off this sale. Think very carefully about where you are going to be moving to and the upgrades you could make to your current home before you leave. There are plenty of small upgrades you could make that will make your property that bit more attractive to a future owner. Take a look at the changes that could be made to your property today!
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