Are You Looking To Put Your Property On The Market?
Then you want to ensure you do everything you can to secure the best possible price. After all, the difference between a high and a low final price could set you up for the rest of your life. So, what can a giddy homeowner do to elevate that final auction bid?
Following these 7 simple tips will help you make bank when selling your home.
Hire A House Conveyancing Service
A reliable house conveyancing service will ensure your sales contract is watertight, fulfilling all relevant legal obligations and putting you in a better position to secure the sale. If not adequately addressed, details like contracts and section 32 statements can slow down the deal or create further negotiations. Getting professional residential conveyancing in Melbourne will take care of the finer details so you can focus on sprucing up your home instead.
Depersonalise The Space
Above all else, a buyer wants a home they can imagine themselves living in, and the more personal items you have lying around, the harder that will be. Take the time to go through your home and remove anything of sentimental value, as chances are these items won’t appeal to the average Joe. Be especially careful to take out family photos, souvenirs, mementos, trophies, awards, or anything else of personal value to household members.
Don’t Let The Dogs Out
Pets are a highly personal part of your home that many sellers overlook. Not every potential buyer is a dog or a cat person, so don’t expect your cute little fur babies to win over any hearts here. During an auction or open inspection, send the pets off to doggy day-care (your parent’s place) to keep them out of sight and out of mind. Of course, you’ll want to clean up all the evidence too, such as those big bowls of pet food or your overflowing kitty litter box.
List Below The Market Price
Work out how much a home like yours should go for in your area and shave 10 to 20% off the market price. A low starting point at the auction will lure buyers into believing they’ll snag a bargain, so you’ll have plenty of people show up and compete on the day. And if you spruce up your place to present it in the best possible light, you’ll end up capturing ample interest and see bids soar well over the initial sum. It may sound a little risky, but this tactic will always pay dividends if the auction is adequately advertised.
Get The Light Right
Lighting is one of the easiest and most essential aspects to enhance when it comes to selling a home. A brightly lit property evokes a sense of positivity and optimism that amplifies buyer interest, so you must do everything you can to brighten up the space. Remove or draw your curtains and drapes, change your darker lampshades, install high-wattage LED or long-life bulbs, and scrub your windows until they’re sparkling clean. Outside, prune back any trees or shrubs that block sunlight from flooding in.
Consider Your Curb Appeal
First impressions count, and the first thing a potential buyer will see is the exterior of your home. Spend a little time and effort jazzing up your front yard, putting in pot plants where appropriate, and planting a couple of vibrant exotic shrubs. Your entryway is equally important, so cut out all the clutter and slip in some chic furnishings and a vase full of freshly cut flowers instead (they only have to live as long as the auction).
Focus On The Little Things
Massive makeovers won’t be worth the investment, although simple little touch-ups often will. Consider repainting your cracked walls and replacing those tattered old curtains with a sleek modern model. Swapping out faded cabinets and replacing worn doorknobs are other cost-effective fixes while scrubbing the grout in your bathroom is entirely free. Pay close attention to the kitchen because small investments here add immeasurably to the value of your home—think ultramodern countertops, shiny new appliances, and a fresh lick of paint (neutral tones work best).
Properly preparing for a house sale could see you add tens of thousands of dollars onto the final bid. Keep today’s seven simple tips in mind to maximise the return on your investment.