Tag Archives: selling your home

4 Home Updates That May Hurt You When Selling

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4 Home Updates That May Hurt You When Selling  – Updating your home is something that everyone wants to do, but thinking that they will make a positive return on their investment isn’t always accurate. Customized updates might be the best thing for you and your vision, however, they might not be the most practical option. Here are four home updates that will ultimately hurt you when you explore the options of selling your home.

 

Personalization

Personalizing your home might seem like the right idea for you; however, it won’t provide you with a positive ROI. It has the possibility of inhibiting the potential buyer from picturing themselves in your home, and therefore not purchasing it in the long run. To avoid an over personalization of your home, give it non-permanent personalized touches like furniture and accent colors.

 

Home Office Renovation

Many homeowners dish out a lot of cash to create their very own home office. Unfortunately for them, that isn’t necessarily an important feature that potential home buyers are looking for. To avoid this costly mistake, make updates to your home office that won’t necessarily be permanent. You want to give the person who buys your home the option of converting the room into a bedroom, or recreational room of their choice.

 

Additions

Additions to your home, like a sun room or additional garage, might end up hurting you in the long run. The extra space has the potential to hook the potential buyer into being a homeowner; however, they will not want to foot the bill of your expensive renovation and expansion.

 

Luxury Upgrades

Any type of luxury upgrade to your existing home sounds like it would be a benefit and provide a positive turn on your investment, right? No, not every luxury upgrade is beneficial. Unless you have a very high-end home, making upgrades like marble floors and custom bathrooms, will likely not pay off in the long run.

 

Customized updates to your home might be the best thing for you at the time, however, it might not be the best option for you to get the best return on your investment. To learn more about home updates that will hurt you when you sell your home, visit here.

 

How To Sell Your Home in 2015

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How To Sell Your Home in 2015

If you’re thinking about selling your home in 2015, you’re in luck – it’s predicted that the real estate market will make it easier to buy and sell, with more options and buyers than last year. For first time sellers, preparing and putting your home on the market is often an overwhelming and stressful process. It’s difficult to know where to start, what to do and what’s the best way to do it. That’s why we’ve put together this guide with a number of tips for everything from home improvement, selecting a realtor and staging your home.

With this as a starting point, you’ll be sure to have your home sold in no time. Happy selling!

5 Tips to Sell Your Home in 2015:

  • Know who’s looking and how much your home is worth. It’s predicted that 2015 will be a popular year for first-time home buyers. Many Millenials delayed buying when the recession hit, but many are now starting families and looking to purchase their first home. Make sure to prepare your home to attract this demographic, and know how much other homes in your neighborhood are worth.
  • Find a qualified real estate agent to work with you. The right agent can offer valuable knowledge, negotiate with potential buyers in your favor and guide you in the right direction. Ask your friends, neighbors and family for recommendations of real estate agents, or search online at reputable sites such as realtor.com. Attend open houses to see a potential agent in action and get a feel for how they do business.
  • Make your home sale-ready. This often means repairing, remodeling or staging for sale. The first step is to de-personalize the house. You may love the trendy colors, but neutral walls let prospective buyers can imagine the place as their own. Pack away family photos, knick-knacks and other personal items, make minor repairs like cleaning top to bottom and remove all the clutter that’s on your coffee table, kitchen counters and end tables, as well as anything you don’t need from your shelves. Your real estate agent will be able to give you more specific instructions for how to get your home ready for showing.
  • Get a professional home inspection. Most buyers will get a home inspection before signing any papers. Should they find anything serious, the buyer may offer less for your home than you were expecting. Prepare for this by taking care of any minor repairs before putting your home on the market and having your own inspection done. This way you can be aware of any problems and consider them when determining your asking price.

We hope these tips will help you sell your home this year. Leave a comment us below, or contact us if you have any questions!