How to Get Top Dollar For Your Home
As a homeowner, you want to get the most money you can from your home sale. So, how can you achieve this goal? The presentation of your home when it first hits the market is likely to be a major driving force around the final outcome of your sale. The good news is, there are some fairly simple steps you can take that will drastically increase the likelihood that you will walk away from your sale without feeling like you left any money on the table. In this blog post, we’ll be covering seven things you can do to get top dollar for your home sale. Let’s dive in!
1. Set the Price Right
Price is the number one factor that most homebuyers use to determine which homes they want to view. Pricing your home properly from the start sets the course for how long it will take to sell and how much you will ultimately receive for your home. Pricing your home both too high or too low can negatively affect your home sale outcome. The Chad Wilson Group uses a unique and highly-effective, data-based pricing approach that is proven to secure the best outcome for our sellers.
2. Make Sure You Have Curb Appeal - it Counts in a Big Way!
First impressions are the driving force behind your home sale. If your home looks dated on the outside, it’s likely that buyers won’t even take the time to see the inside, resulting in missed opportunities. For the best sales outcome, buyers should feel emotionally connected to your home. Focusing on the curb appeal, that warm and fuzzy feeling you get when you take a step back and look at your home from the outside, is a highly effective way to make buyers feel like your home is “the one”.
We put together a list of tips on how to increase your home’s curb appeal to help make sure your home’s exterior leaves a great impression!
3. Perform Necessary Repairs
While homes on the resale market are rarely in perfect condition, excessive repairs will leave a poor impression on buyers, especially if they are big ones. Leaky roof or foundation problems? Loose doorknob or dripping faucet? However big or small, it is in your best interest to make these repairs before you list your home for sale. Regardless of what you decide to do, you must make sure to disclose any problems with the home to avoid potential legal trouble down the road.
Removing unnecessary items from the home can transform your space in a positive way. Bulky furniture can shrink a space. Clothes, shoes, knicknacks, and decorative items can distract from the features of the home that make it unique and beautiful. Since so many of today’s buyers are looking for homes that feel airy and open, the less stuff you keep around, the better. The Chad Wilson Group provides our sellers with a free professional staging consultation to help you determine ways to best present your home, including what items should be removed before listing.
A freshly cleaned home can completely change the way buyers view it. As we already mentioned, you want to make the best impression possible, so buyers can see the home’s value. A simple and low-cost way to achieve this is to make sure every square inch of the home has been cleaned, making your home look as new as possible! We put together a to-do checklist that will help you through the process to make sure you don’t miss anything.
6. Don’t Over-Improve
Our sellers often ask us what upgrades they can make that will give them the biggest return on their investment. The answer is: “Only the ones that future buyers will also want and be willing to pay for.” Making home improvements and upgrades is a good thing, but should be done strategically so you don’t end up spending more money then you get out of these improvements. As a general rule, choosing the functional over the merely cosmetic and choosing neutral over unusual or exotic will pay at resale. Personal taste and current trends will have an effect on an update, and should be kept in mind when you make any upgrades.
7. Lose the Emotion
Selling a home, full of memories and important life-events, is naturally an emotional event. However, if you want to get top dollar, you must lose this emotion and treat your home sale for what it is - a piece of property for which your goal is to sell quickly at the best possible price. This can be a difficult thing to do, but is crucial in your home sale to secure the best outcome for you as the seller.
In the end, securing the best outcome really comes down to how you price and market your home from the beginning. Our team is here to help you through every detail that makes the difference when it comes to selling your home. We offer a unique, data-driven pricing approach and support with expert advice through every step of the home sale. You can rest easy knowing that you did everything you could to make sure you are walking away with the most money possible.
Would you like to hear more about our team’s unique and proven approach to listing your home for sale? Contact us today for a free, no obligation sellers’ consultation!