There are many ways to increase value when thinking about selling your home. A lot of people might get impatient and just put their house on the market as is, and that is a big mistake in this market. I hear all the time that people say that it doesn’t matter that this and that has to be done, it’ll sell anyway. That statement is true, but wouldn’t you rather spend a little bit of money now to get a lot more.

One of the secrets to selling a home is that people want to buy something that is completely done. Even people who are capable of renovations don’t want to do them. It takes time and its aggravating. In this world of instant gratification, a home that is fully done will sell for more, and sometimes more than the other comparables on the market.

Here are a few ways that I have witnessed sellers will lose money when they put their house on the market. Not all of them have to do with renovations but that is a major part.

1. Staging/Clutter: Get rid of big furniture, make sure you get rid of carpets, and things on tables that are there for no reason. Pretend your house is a show house. Get rid of personal pictures and religion.

2. Renovation not finished: I have seen basements finished partially or kitchen not properly done correctly. Not finishing certain projects or doing them quickly and cheaply will leave thousands of dollars on the table.

3. No Selling Strategy: Many sellers just think that you just put a sign on the lawn and sell your house, but in reality the sellers that get the most money have a strategy to get the most money. Looking at the comparables and creating a plan is the best way to get a maximum amount for your house. Its only one of the biggest investments of your life.

4. No Marketing: Even in a hot market you want to do as much marketing as possible. You want to get as much exposure as possible. Even if you know it will sell with multiple offers, if there would be 2 your want 4, and so on. This is the only way to drive the price up as much as possible. Being lazy would be a missed opportunity.

5. Doing it yourself: Yes I am biased but selling your own property is the worst thing you can do. The reason why is that there is no buffer and you get emotionally involved, you might say something or do something that turns the buyer off. You will give off something that will tip your hand similar to poker. Agents are mediators in a sense, and trained to kill. Would you walk into a court room without a lawyer?

There are other things that can make you lose money but I think these are the top ones. Don’t make these mistakes and just call me today!


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