The process of selling a house is very different to buying one. When you go to view a property, you typically let your feelings and emotions decide whether or not you want to buy. However, when it comes to sell your house, emotions really need to be left well out of it. Instead, you need to focus on one important factor – maximising the home’s value.
Here, you’ll discover some of the best tips to help you ensure you get the most cash out of the sale.
Set a good price and choose the right seller
Obviously, you want to get as much money as possible from the sale of the property. However, setting the price too high could cause your house to sit on the market for months, if not years.
You should first get an accurate valuation to see how much your property is actually worth. Then, if you’re looking for a quick sale, consider slashing at least 15% off the price. If a quick sale isn’t important, you can either stick to the original valuation price, or use it to see what upgrades you can make to the property to bump up the asking price.
Where you actually list the property will also make a big difference to how much you actually get. If you want to receive the most money from the sale, be sure to choose an agent which won’t charge extortionate fees such as Strutt and Parker.
Make simple, yet effective upgrades
In order to get the best price from your property, you’re going to need to put a little money into it. Just a few simple upgrades can really help boost the property’s chance of selling, as well as bump up its value.
Some of the upgrades to consider include giving the interior a fresh coat of paint, taking care of minor repairs and decluttering the home. Painting alone will help to make the property look, and smell brand new. It’s especially a good idea to paint if you’ve added your own colour scheme to the house. Buyers want to be able to envisage themselves in the property, and to do that they need a neutral canvas to work with.
Selling your house can take time and it’s easy to lose money during the sale. Considering the above tips will help to increase your chances of selling the home quickly and getting the most cash out of it.