Maximizing Profits When Selling a Home

December 03 21:27 2019
Maximizing Profits When Selling a Home

Thinking about selling? If so, it’s easy for homeowners to have dollar signs dancing in their heads. This is especially the case for those who have already calculated the total equity in their homes. However, to maximize profits during a sale, there are certain things a homeowner needs to do. Keep reading to learn what those things are.

Make Thoughtful and Meaningful Upgrades

Upgrading and repairing a home can definitely eat into the profits when trying to sell. However, there are some upgrades that can help a homeowner sell for top dollar. For example, if the walls are a vibrant shade of green, pink, or orange, there’s a good chance potential buyers will make lower offers and ask for a decorating or paint allowance. While this may not be the case with a we buy houses company, it is with most other buyers. For most homeowners, spending a few afternoons painting the home’s walls a neutral shade won’t cost much and will resolve this issue quickly.

Pick the Right Price for the Home

Pricing the home too low is going to result in a quick offer in most cases. However, the seller may lose money because the offer is much lower than it actually could have been. However, if the house is priced too high, the seller may have to continue spending their money to pay the mortgage for many months while they wait for an offer. The longer that a house is on the market, the more likely it is for a buyer to make a low-ball offer. In either case, the seller will wind up losing money. Make sure the home is priced right for the market to achieve the best results.

Negotiate the Agent Fees

Something to take note of is if a person opts to sell to a company such as americanfasthomebuyers, they can avoid agent fees altogether. However, those who don’t do this will have to pay a real estate agent fees to the seller’s and the buyer’s agents. In some cases, this will be up to six or seven percent of the total sales price.

Consider Selling Alone

Another good idea to avoid having to pay the agent fees, besides using, is by opting to sell the home alone. By choosing the for sale by owner route, it’s possible to avoid some fees. While it may still be necessary to pay the buyer’s agent commission, it can result in significant savings otherwise. If a person opts to sell their home on their own, they need to think about how to best market it. Also, have the home appraised to ensure the right price is selected.

By using the tips and information here, a home seller will find it is easier than they ever imagined to sell their home without the stress and hassle that usually goes along with the process. Be sure to keep the information here in mind and do a bit more research if you have any questions about the process.

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Company Name: American Fast Home Buyers
Contact Person: Owner
Email: Send Email
Phone: 757-260-4100
Address:1113 N Battlefield Blvd
City: Chesapeake
State: VA
Country: United States