What Factors will Increase the Value of my Home?
Are you helping your competitors Sell their Home?
What Home Improvements Add The Most Value?
Value of my Home Factors will greatly vary from property to property.
Let me highlight a few, keeping them general, mostly from the interactions and my experience with Sellers.
EMOTIONS & EGO: Keep both under check.
You may have lived in the house for long time and are very emotional about the sale.
Also ponder on this – Is your ego getting in the way when negotiating the Sale of your House?
Your ego and emotions both are generally not good for a sale, exceptions Divorce Home.
A Buyer is looking at a product called Real Estate, it will become a Home later.
Try to go and look at a few Open Houses and see what you like and how you go about the purchase,
then visualize the Buyer as they are also on a similar ground. Review: Quick and Easy Fix, 27 Tips to Sell.
Try not to be present at showings, let the Buyers feel out the place on their own.
Clear the clutter, maybe just use one room for all the storage, if there is no other alternative.
Remove as much stuff as possible, get a Home Inspection done, let the property speak itself to the new owners.
Address this – Are you creating an emotional attraction of your property for potential home buyers?
LISTING PRICE: For Value of my Home don’t be adamant.
Give suggestions, be open for a Discussion.
You hired a professional to do a job. Listen to them, you are paying them to do the work.
First, choose a professional carefully, once you have hired them seek their expertise and plan of action.
Work with someone whom you are comfortable and he / she is very professional.
Want to sell on your own. Read about For Sale By Owner [FSBO] i.e. How to Sell without an agent?
Listing price should be such that gives maximum traffic and tremendous traction, visualize multiple offers.
Let Buyers fight out each other for your property, instead of a Buyer haggling with you.
Get a minimum of two or three FREE Home Evaluations to get a good feel of area prices.
Be very careful of agents giving you a high listing price just to waste your time and update you later, Listing Expired.
Order your comprehensive no obligation Comparative Market Analysis [CMA] Today.
RENOVATIONS: For Value of my Home It’s a Yes and a No answer.
Do renovations if you spend $5,000 and are able to make minimum between $10,000 – $20,000.
If you spend $5,000 and the return is still $5,000 why take all that trouble.
There are chances you may goof up more than you started with.
The new Buyer may not like all the changes / upgrades / color scheme you have done etc.
Some fixer uppers Sell For More than if they had been renovated.
Renovations are time consuming, daunting and it’s not everyone’s cup of tea.
The market may change by the time you finish your renovations etc. Good Read: Top 7 Mistakes Home Sellers Make!
These are just some good pointers, call me for a full discussion.
My background is architecture, I myself buy, fix and sell properties. Stop Power-Of-Sale, We Buy Homes For Cash.
I have a great team of tried and tested professionals to make yours a very smooth sale, fast and for top dollars.
Manoj Atri, REALTOR® Re/Max Hallmark Realty Ltd., Brokerage
Office: (416) 494-7653 | Cell: (416) 275-2089 | Email: [email protected]
Website: http://www.manojatri.com