Maximizing Profits: 3 Essential Tips for Home Sellers in Today's Market
Selling a home can be a stressful and emotional process. Homeowners often have a lot invested in their properties and are looking to maximize their return on investment.
The good news is that there are a number of strategies that can be employed to make the process smoother and more profitable. Here are a few of the strategies we regularly recommend to clients at Advisors Living.
1. Focus on curb appeal
One of the most important things a homeowner can do when selling their home is to focus on curb appeal. This refers to the overall appearance of the home from the street. First impressions are everything when it comes to selling a home, and a well-maintained exterior can make all the difference.
Homeowners should consider investing in landscaping, cleaning up the exterior of the home, and making any necessary repairs or updates. This can help the home stand out from other properties in the area and attract potential buyers.
2. Stage the home
Homeowners should consider staging their home before putting it on the market. Staging involves setting up the home to look as appealing as possible to potential buyers. This can include rearranging furniture, adding decor, removing more personal decorations (such as family pictures), and making other changes to create an inviting atmosphere that helps the buyers picture themselves in the space.
By making it easier for potential buyers to envision themselves living in the home, you increase their emotional attachment to the property, making it easier for them to make an offer and want to beat out any competition for the home. This is why staged homes often sell more quickly and for a higher price than homes that are not staged.
It’s best to work with an Advisor to understand the local market and recent sales to choose the optimum list price. Security tips - remove valuables, breakables and prescription drugs before showings begin.
3. Escalate your home's online marketing with high quality photography
According to recent surveys, up to 98% of homebuyers start their search online. With countless properties competing for attention, you only get one opportunity to make a strong, first visual impression. Professional photographers utilize proper lighting and creative angles to enhance the space and are able to edit elements that could be distracting to viewers. Magazine quality photos engage the consumer and lead to more views, clicks, inquiries and requests for showings. Listings with outstanding photography also sell faster..
We’re Here to Help
Selling a home can be a daunting process, but, working with a Residential Advisor who utilizes these strategies can make it easier and more profitable. If you’d like to maximize your profit when it is time to sell your home, reach out to an Advisors Living agent today at 978-443-3519 or firstname.lastname@example.org