Making the Most Money Out of Selling Your Home

There isn’t a soul who does not want to sell their house for the highest possible price. However, this is a task that is sometimes easier said than done. The first step in earning top dollar on the sale your house is to find out what it’s worth.

The easiest and likely most effective way to do this is to find ask around for a referral for a real estate agent. Once you’ve picked your agent, ask them to provide you with a comparative value analysis. The analysis should include a list of recent sales information for homes similar to yours such as the price and how long they were on the market for. This will help give you and your realtor an idea of where to price your house.

If you want to take the do-it-yourself route, there are a number of ways you can judge what your house is worth. First, look through local real estate listings. Through online listings you can usually search by neighborhood, size, building type, etc. This should give you an idea of the prices of similar homes to yours that are currently on the market. You can also attend open house showings and walk around homes to see how they may be similar or different from your home and why they are priced the way they are. You can also seek the help of websites like Yahoo! Real Estate and Realtor.com.

After you have settled on a price for your home, you need to make sure the home looks appealing. This can often start with the property and exterior of your home. Make sure you keep your yard looking pristine until you manage to sell the house. Make sure the lawn is cut regularly, pick up any children’s toys that may be lying around outside and plant flowers to add some life to your yard. If you have synthetic siding or deck outside, power wash it to help make it look new again. These are things that prospective buyers will notice when they first pull up to your property so you want to do your best to keep them interested in seeing what the rest of the house has to offer.

Just like the outside, the inside of your house must look appealing as well. Make sure you give your house a thorough cleaning before letting and potential buyers inside. While it is obvious that your house should look clean, you should also consider that it should also smell clean. If at all possible, de-clutter the inside of your house. Buyer’s don’t care what kind and how much stuff you have in your house. They are much more interested in seeing what sort of features the house itself has to offer. Additionally, a less cluttered house may appear larger and act as a selling point for your home. If there are any items in the house that are in need of repair, make sure they are fixed before allowing potential buyers into the home. Broken windowpanes, leaky faucets, etc. should all be taken care of. Even the slightest problem may turn a buyer off the home completely.

Lastly, you should research different sales methods. Typically, real estate agents are paid on a commission basis. This is generally your best option as it causes your real estate agent to word towards selling your home for the highest price possible because it means that they receive a higher payoff. However, there are some agents that will sell your home for a flat fee, which is usually less than what you would pay a commissioned agent. You also have the option of selling the home yourself but this involves much more time and dedication on your part. For more information on selling a home on your own, visit ForSaleByOwner.com.

With all these items taken into consideration, you should be well on your way to selling your home quickly and for the best possible price you can receive.


Jay A. Kumar

Registered Loan Originator in VA
Advantage Mortgage Group, Ltd.
Email Jay at jaykumar@jkloan.com
Find Jay on Facebook or follow him on Twitter @kumarloan

Related posts:

  1. Buyer’s Agents vs. Listing Agents
Public date: September 27th, 2010
Categories: All Stories, Jay's-Blog, Your-Home
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Related posts:

  1. Buyer’s Agents vs. Listing Agents
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