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Making more money when selling a home – 9 tips

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If you have tried to sell a home, you know it is not easy. There are many things to think about and it can be hard to know where to start.

This article will share tips to help you make more money when selling your home. Whether you’re just getting started or are already in the process of selling, read on for some useful tips.

houses in Sweden (©Jessica Pamp)
houses in Sweden (©Jessica Pamp)

Choose the right time to list.

Timing is everything when it comes to selling a home. Ensure you list your home when there is the most demand and buyers are willing to pay top dollar.

Typically, the spring and summer months are the best times to sell but this can vary depending on your location. Research the best time to sell in your area.

In June 2022, Boise, Idaho, United States was the U.S. city with the highest cut in asking prices, according to real estate brokerage Redfin. Denver, Colorado, USA ranked second while Salt Lake City, Utah, USA ranked third.

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Avoid the hassle and sell it for cash.

One of the best ways to sell your home quickly and for a great price is to sell it for cash. Many companies can make a fair cash offer for your home and you can close in as little as seven days.

If you live in Pennsylvania, USA, you are lucky because the housing market there is hot since the new coronavirus (COVID-19) pandemic started. If you are wondering how to sell my house fast in Philadelphia, Pennsylvania, don’t be. You don’t have to go through the hassle of listing, showing, and negotiating with buyers. You don’t have to worry about repairs or anything else. Sell your home as is and move on with your life. 

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Declutter and depersonalize your home.

Buyers must be able to envision themselves living in your home, which can be difficult if there is too much of your personal stuff. Go through your belongings and get rid of anything you don’t need. Pack away any personal items such as family photos, etc.

Aside from decluttering and depersonalizing your home, make sure that it is clean and well-maintained. Repair any damage, such as holes in walls and leaks. It also means deep cleaning your home from top to bottom. A clean and well-maintained home will be more appealing to buyers and can help you get a higher price for it.

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Price it right.

Pricing your home correctly is one of the most critical aspects of selling it. Make sure that you are not overpriced or underpriced. If you are overpriced, buyers will move on to another property that is priced more realistically. If you are underpriced, you could get less money for your home than it is worth.

When you do your research, find out what similar homes in your area are selling for. It will give you a good idea of what price range you should be in. Consider hiring a professional appraiser to appraise your home. 

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Let the sun shine in.

No matter what time of year, ensure your home is well-lit. Dark and dreary homes turn off many buyers. There are many easy and inexpensive ways to add light to your home, including opening up curtains and blinds, adding additional light fixtures and painting your walls a lighter color. This will make your home more inviting and help it sell for a higher price.

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Get a home warranty.

A home warranty is an insurance policy that covers the cost of repairs for major systems in your home, such as the heating, ventilation, and air conditioning (HVAC) system, the plumbing and the electrical system. This can give buyers peace of mind knowing they won’t have to worry about expensive repairs down the road. If something goes wrong, they can call the home warranty company and they will take care of it. It is a great way to add value to your home and make it more attractive to buyers.

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Invest in curb appeal.

Curb appeal is the first impression that buyers will have of your home. No matter how nice your home is on the inside, buyers may not even bother looking at it if it doesn’t have good curb appeal so make sure that it looks its best. This means mowing your lawn, trimming your hedges and planting flowers.

Make sure that your home’s exterior is in good condition. Paint any faded or chipped paint, repair any damaged siding, and power wash your home. A well-maintained exterior will make a good first impression on buyers and help you get a higher price for your home.

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Stage your home.

By staging your home, you make it more appealing to buyers. This involves setting up your home to make it look its best. This can include placing furniture in strategic positions, using stylish décor and adding some personal touches but don’t go overboard.

Ironically, you have to stage your home without making it to look like it’s been staged. Instead, you want it to look like a comfortable and inviting place to live. A professional stager can be a great asset in helping you stage your home correctly.

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Negotiate the best offer.

After you’ve received an offer on your home, it’s time to negotiate. This is where things can get a bit tricky. Make sure you get the best possible price for your home. At the same time, don’t lowball the buyer and lose out on the sale.

It’s important to find a balance. Start by counter-offering with a price that is fair and reasonable. Then you can negotiate back and forth until you reach an agreement. The goal is to get your home’s best price without losing the sale.

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Selling your home can be a daunting task. If you follow these tips, you can make the process easier and more successful. By pricing your home correctly, making some simple renovations and being prepared to negotiate, you can sell your home quickly and for a great price. If you’re looking for an easy sale, selling for cash is the best option. Follow the abovementioned tips and get started today.

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