Your home is undoubtedly the most valuable asset for the vast majority of us and selling it will cost thousands. Maybe you’ve read lots of advice on selling a house. But do you know the biggest mistake many people make when selling a house? Not understanding real estate value.
Modern dining room
It doesn’t matter what you think your home is worth. It doesn’t matter what you did to make in nicer for your family. The value of your home is determined by buyers. What you enjoyed about your house may be irrelevant when it’s time to sell. Think in terms of what buyers want, and use some of the following guidance on selling your house:
1. Know the market. What other similar houses have sold for?
2. Decide on a minimum price – the price below which you just won’t move.
3. Concentrate on the visible things first. A new mailbox is often a good idea. When buyers fall in love with the house before they even enter it, they forgive a lot of problems.
4. Clean the neighbourhood. If a neighbour’s yard is a mess, ask your neighbour to pick up the yard. Spend some money to put flowers in any common-areas, and buyers will have a better first impression of the neighbourhood.
5. If you or your agent aren’t getting many calls, is more advertising necessary? Is the price too high? That perfect buyer might pass on by while the home is still over-priced.
6. Listen to prospects. They’ll be more objective than you. If you hear several times that the kitchen is dark, get out the white paint.
7. Find the average sales time for your area. If your house is taking longer than average to sell, there’s a problem, and usually it’s the price.
8. Ask your real estate agent what she plans to do – before you sign a listing agreement.
9. If there are known problems, such as an old roof, get an estimate for repairs. Always consider first those things that are most visible.
Love at first sight is a concept that applies to the real estate market. So, what is the best house colour to sell your home to a love struck buyer?
The simply fact is attraction is a key factor in forming relationships and the same applies to your house. When you put the house on the market, you need to make it look good for the dates with potential buyers. The colour of your house can make all the difference.
First, there is no absolutely correct answer to the best colour. Instead, the decision depends on the makeup of your home and the surrounding landscape. Take a look at some issues:
1. Whatever colour you choose, make sure it doesn’t clash with the other homes in the neighbourhood. An otherwise appropriate colour could end up making your house an eye-sore.
2. The Roof. What colour is the roof on your home? If it is a red tile roof, off-whites are probably going to be the best choice. Dark green will not. Unless you are going to invest money in a new roof, make sure the paint colour doesn’t clash with it.
3. Highlights. If there is a particular part of your house that should be emphasized, used light coloured paint around it to draw attention.
4. On large flat surfaces, such as the side of a garage, keep in mind the colour you choose will have a washed out appearance.
Choose great colours. The colour of your property goes a long way towards asserting good appeal. In general, you want to consider the colours of the properties around your property. If you are selling a suburban home, for example, located in a lot surrounded by pastel coloured homes, you do not want to paint your property a right colour. It would stand out too much. The right colour blends well with the properties on either side of it. Make sure that the colours are fresh by applying a new coat of paint. Don’t forget the colours around the property, either. Learn which colours to select, or hire a professional to select the right colours for you.
When it comes to adding value to your property, the experts in real estate will agree that to capitalise in the bathroom and kitchen almost certainly guarantees profitable returns.
