3 Things You Should Do Before Putting Your House On The Market

Putting your House on the Real Estate Market

At some point in time, many families feel the urge for a change of scenery and decide to put their house up for sale. For some, this can be a time filled with fun and adventure, while for others, it can be a stressful and a time-consuming process. Before putting up a for sale sign, there are a few tasks that should be taken care of. By completing these tasks, you are maximizing the chances of selling your house quickly.

Objectively Pricing your Home

Many homeowners struggle when it comes to deciding on a price for their home. By overpricing your home, you are risking the chance of stagnancy or less of interest from potential customers. By underpricing your home, you are losing the opportunity for potential profit. There is also the possibility that all of the offers are under asking price, which means even less profit from the sale.

By pricing your home objectively, you are maximizing the potential of the sale. The best way to get an objective price is to research the past sale prices of similar homes in your area or by working with a real estate agent that specializes with selling in your neighbourhood. Ask them to put together a list of comparable homes together for you.

Avoid Expensive Appliance or Furniture Upgrade

Although some houses are in need of repair, avoid going overboard with upgrades. Despite how much you make like new appliances or furniture, whoever is moving into your home may not feel the same way. Avoid expensive appliance upgrades like stoves, fridges, dishwashers or sinks. Purchasing all of these products will gradually eat away at your potential profit.

However, not all upgrades are bad. It doesn’t hurt to give the walls a fresh coat paint. Replacing small aspects of the home like lightbulbs, doorknobs, and curtains are affordable, easy tasks that go a long way in getting the end price you are looking for.

Marketing your Home on the Internet

In the past, there were very limited ways of learning about new houses for sale on the market. Currently, modern homeowners have a number of ways they can use the internet to improve their chances of selling their homes. Platforms such as Facebook and Craigslist are go-to destinations for learning about new housing opportunities. If you have time, draft up some advertisements for your preferred social media platforms. This will help you reach a new audience filled with potential buyers.

The housing market can be difficult to navigate at times. You have to be fast, as there are opportunities around every corner. One of the best ways to be efficient is to complete a number of necessary tasks before putting your house up for sale. These tasks include pricing your home objectively, avoiding expensive upgrades, and utilizing the internet. These simple tasks will make the house selling process easier in the long run and will help you save time and potential profit in the future.

For more details about what you should do to your house before putting it on the real estate market, find a professional REALTOR® in your neighbourhood that you feel comfortable working with.

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