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6 Ways to Capitalize on Your Home Sale
Buying a home can be one of the biggest financial investments of your life. Because you put so much money into it, you want to make sure you get a good price back when you go to sell. Unfortunately, not everyone will walk away with extra money in their pocket when they sell their home. Some people may even settle for less, but that doesn’t need to be the case for you.
How to Make the Most of Your Home Sale
When you are ready to sell your home, do not just put it up on the market and hope for the best. While you may get a decent price this way, you could also be leaving a lot of money at the closing table. Instead of missing out, follow these tips on how to capitalize on your home sale and walk away with more money.
1. Time Your Sale
If you have the flexibility, you will want to be aware of timing in order to make the most of selling your home. A seller’s market is an ideal time to sell your home as it will give you more leeway in negotiations and may also allow you to boost your asking price. That being said, you can still get a good price in a buyer’s market if you focus on other ways of making the most of your sale.
2. Choose the Right Real Estate Agent
The right real estate agent could make or break your home sale. A good real estate agent will have a great understanding of your local market and be able to guide you through the entire home-selling process. They can help you with timing your sale, pricing your home, getting the house ready for the market, marketing the listing, and sorting through offers. As a result, you have a much better chance of walking away with more money in your pocket when the deal closes.
3. Get a Home Inspection Beforehand
A pre-listing home inspection gives you an idea of any major fixes or updates that need to be made before you sell your home. This type of inspection can give you a jump start on any work that could delay the transaction or even keep the deal from going through. Even better, these repairs and updates could boost the value of your home and allow you to bump up your asking price.
4. Focus on Your Curb Appeal
First impressions are important in the real estate industry, especially when you are trying to sell. Another way to capitalize when selling your home is to work on increasing your curb appeal. Some simple landscaping and power washing could help transform the front of your house and draw more buyers in. As a result, you could see more offers as well as higher ones.
5. Make Updates to Your Home
With 77% of buyers saying they won’t consider buying a house that isn’t move-in ready,1 making updates before you sell is a necessity. Not only can these updates help your home get off the market faster, but also they can help you capitalize on your home sale and make more money. In the end, selling your home as-is is a great way to leave money at the closing table.
6. Get Your Home Staged
Appearances matter when you sell your home. In order to get the most from your home sale, your home needs to look its best. Along with making any necessary updates or repairs, the easiest way to help your home make a good impression is to get it staged. While this process may seem expensive, the return on investment for staging is often well worth it.
If you are ready to capitalize on your home sale and make more money, we want to help you. At Curbio, we help homeowners make repairs, updates, and upgrades before they list their homes on the market. The best part is you do not have to pay anything until the deal closes. That is right; our pay-at-closing price model allows you to make the updates you need without worrying about their price tag upfront. As a result, you can sell your home for more and walk away with more money in your pocket at the closing table.
- Curbio (2022). Preparing to Sell: 2022 Home Improvement Report