HOW CAN SELLERS GET THE HIGHEST PRICE FOR THEIR PROPERTY?
There are a number of reasons why people sell their properties – new job, change of familial circumstance, reinvesting in new investment properties or just fix it and flip. Of course, most sellers want to sell for the highest possible price.
Here is a list of strategies that can help you maximize your profit.
First step? Look for a Realtor. A Realtor can help you understand the market dynamics. A full service Realtor can also help you decide on everything – from what, if any, improvements to make, to when to list your property. One of the most important aspects of a Realtor’s job is to handle all negotiations on your behalf, and a seasoned Realtor can help you negotiate the best possible price.
Realtors know what buyers prefer when it comes to considering your second step –Home Improvements. We want to make sure that the improvements you are going to make are going to be desirable to buyers and will have the greatest return on investment.
Minor Bathroom Remodels average up to 102% ROI such as re-glazing your tubs, replacing vanities, and upgrading fixtures. Landscaping is another good investment – with an average of 100% ROI. Don’t underestimate the power of curb appeal! Stage your property, because this makes your property visually “seductive” to buyers. It makes your properties look bigger, cleaner and more modern. As per the NAR or the National Association of Realtors, 58% of seller’s agents believe clients offer anywhere 1-20% more for a staged home. Lastly, consider painting and updating light fixtures.
Third, make a good first impression. Your Realtor is in charge of marketing and should invest in good quality photos by a professional photographer who has experience photographing properties. Poorly lit photos from your Iphone just won’t cut it! Most people nowadays tend to do online shopping, and with real estate sites like Zillow and Trulia so accessible, that’s how buyers shop for homes as well. Make sure your Realtor is highlighting all the positive attributes of your home in photos, videos, and all marketing pieces (flyers, mailers, etc.).
So how do you sell your properties fast and for the best possible price?
Consider both interior and exterior improvements. Hire a Realtor who will be indispensable as she will provide peace of mind during the tedious selling process.
Selling your home can be stressful, but working with a seasoned Realtor can help ease your concerns and streamline the process.
----
CONTACT ME:
#01981522
415.370.7228 | erin@chanadamsrealty.com | https://www.chanadamsrealty.com/
Instagram: @erinintheeastbay
Facebook Page: Erin the Realtor
Linkedin: Erin Chan-Adams
