Your Home Investment And How To Make The Most Out Of It
For many of us, our homes are the single greatest investment that we make. We invest tens of thousands of dollars, if not more, into our homes with the hope that one day when we are ready to purchase something bigger we can.
We hope to sell our homes for more than we bought them for to increase our profit margins. The profits you make allows you to either add to your savings or invest more in your next home. If you are looking to sell a home there are some things you should do to make the most out of your investment.
Hire An Excellent Realtor
Many people believe that listing your home as a “for sale by owner” property can allow you to make more money and avoid commissions, however, this is frequently not the case. Hiring an excellent Realtor can actually help you sell your home for more money.
Realtors have better connections, more experience, better-negotiating skills, and completely understand what makes a home sell in the changing real estate market. Buyers are trying to get a good deal too, and many of them counter-attack the owner’s attempt at saving money by offering less than average prices.
If you are looking to get the most out of your investment you should hire an excellent Realtor who can guide you in the process of buying your dream home in New Orleans.
Declutter Your Home
One of the single most important things you need to do before listing your home is decluttered as much as you can. Potential home buyers do not want to walk into their future house and see all of your kids’ toys laying on the floor, pictures of your family, stacks of papers on the kitchen table, or cluttered nightstands.
While everyone’s house does typically look this way you want to make it look it’s absolute best before listing it. Decluttering your home can make your home appear bigger, make it look cleaner and much more desirable.
Not only will a deep cleaning make your house look better, but it will also make it smell better too. The first impression someone has when they walk into a home lasts a very long time. If your home smells fresh, the windows are spotless, and the floors are beautifully maintained there will be more interest in your home. This could start a bidding war and drive the price of your home up.
A Fresh Coat of Paint
Every house on the market could use a fresh coat of paint. Your Realtor may recommend that you paint your home a neutral color to appeal to a larger group of people. Giving your house a fresh coat of paint makes your home stand out more to potential buyers.
It will make your home look bigger and cleaner and make your home smell better too. It is recommended that you paint your home at least a week before you plan to list it so that your home does not smell like paint when potential home buyers walk through. You do not need to hire professionals to repaint your home. You can paint it yourself with some friends for relatively cheap. Investing a little money up front can significantly increase your investment.
Make Homebuyers Feel Welcome
Whenever a potential home buyers walk into a house they want it to feel like their dream home. You should do everything that you can to make your potential home buyers feel welcome. For a few dollars, you can put a bowl of candy and water bottles on your table and a little sign that says “Welcome, please enjoy!”
A simple gesture like this will allow homebuyers to let down their guard, feel more comfortable, and imagine themselves living in your home. The more comfortable buyers feel in your home, the more likely they are to make an offer, and ultimately the more offers you may get. This could drive up the price of your home and allow you to make the large profits on your investment.
For more information about maximizing your real estate investments, contact a trusted investment-minded Realtor today!.