Looking to sell your home in 2020? I have put together some of the best tips on how to generate interest and get the best possible price for your home or investment.
- In order to attract attention, consider custom designs or additions.
- Remove all clutter from the home for buyers to be able to picture themselves in the space.
- Offer things or terms that might sweeten the deal for buyers but not hurt your bottom line.
- Make sure the exterior of your home looks appealing to potential buyers.
- Consult a local real estate agent to price the home right.
Differentiate from the Neighbors
In order to attract attention and to make your home more memorable, consider custom designs or additions, such as landscaping, high-grade windows or a new roof. This can add value to your home as well as add aesthetics. Any improvements should be practical and use colors and designs that will appeal to the widest audience. Addition’s should complement the home and its other amenities, such as building a deck or patio adjacent to an outdoor swimming pool.
Beware of over improving! It may pay to freshen up your home but with some renovations, such as adding a bathroom or putting new shingles on a roof, might not always pay. The average amount recouped for a bathroom remodel is about 58%. For a new roof, it’s even less. If you’re going to invest in home improvements, make sure they are going to give you a return on your money. When it comes to custom features you might think buyers are going to be interested in, make sure they are included in the home’s listing information
Clean the Clutter
It is imperative to remove all clutter from the home before showing it to potential buyers because buyers need to be able to picture themselves in the space. This might include removing some furniture to make rooms look bigger and putting away family photographs and personal items. You may even want to hire a stager to help you make better use of the space. Staging costs can range from a couple hundred dollars for a basic consultation to several thousand dollars, particularly if you rent modern, neutral furniture for showing your home.
Sweeten the Deal
In a sellers’ market like Osceola County is in currently in, there are several things to choose from that might not cost the seller that much on the bottom line but bring value to the buyer. For example; it’s important to note that some buyers are motivated by the option to close in a short amount of time. If it is possible for you to close on the home within 30 to 60 days, this may set your deal apart and get you a contract.
Another tip is to offer a transferable home warranty, which can cost $300 to $400 for a one-year policy and will cover appliances, such as air conditioners and refrigerators, that fail. Depending on the policy, other appliances and house gadgets may be covered as well. A potential buyer may feel more at ease knowing that he or she will be covered against such problems, which could make your home more attractive than a competing home.
Finally, it’s important to note that some buyers are motivated by the option to have the sellers offer them some credit toward closing costs, or offer to pay closing costs entirely will in some cases receive more attention from house hunters looking at similar homes. However, in a sellers’ market this doesn’t usual work well. Sellers will have several offers at once.
Improve Curb Appeal
What better way to set your home apart than to make it attractive at first glance? Sellers often overlook the importance of their home’s curb appeal. The first thing a buyer sees is a home’s external appearance and the way it fits into the surrounding neighborhood. Try to make certain that the exterior has a fresh coat of paint, and that the bushes and lawn are well manicured. In real estate, appearances mean a lot.
Get Your Home in “Move In” Condition
Aesthetics are important, but it’s also important that doors, appliances and electrical and plumbing fixtures be in compliance with current building codes and in working order.
Pricing It Right
Pricing the home appropriately is one of the most important steps of listing a home. Make sure you consult a local real estate agent and go to online real estate sites to see what comparable homes are going for in your area. Making sure they are comparable is also important.
These above tips, coupled with an attractive price, will put you at the top of any buyers list when searching for a home.
If you need help with listing a home or buying a home, please call Kena Blain at 407-572-4444, Davis Real Estate Group. Kena has over 40 plus years of experience working and living here in Osceola County.