Given how much money it takes to buy a house, it’s only natural that you’d want to sell it for as much as possible. People sink money into all sorts of things to try and improve the value of their home, but not all of them work. Here are five pro tips on making cool profits from your home sale.
- Be Smart About Pricing
The easiest thing you can do to increase your chances of making a profit is to better understand the Las Vegas real estate market. Once you get an idea of house prices near you, you might be tempted to over-price the home just a little in the hopes of having someone negotiate down to the price you’re really happy with. This is a strategy you want to avoid.
Buyers find homes by choosing a price range they are comfortable with. If you want to sell your home for $350,000 but price it at $355,000 in the hopes of someone negotiating down, it means that people who search for homes at $350,000 won’t find it. Be smart about pricing and price the home for what it’s actually worth and what you actually want.
- Build a Better Online Presence
It’s important that your house look good for visitors, but you won’t even get visitors if your home doesn’t look good for the internet. The modern home buyer wants to view photos of a property online before coming to see it in person.
First impressions matter when it comes to Las Vegas home prices and selling your home in general. Be sure to hire a professional photographer to take pictures of the house. They have the equipment and knowledge to make a house as appealing as possible. The better the house looks to online visitors, the more physical visitors you’ll have stopping by.
Be sure to use any online tool you can to showcase your home. This includes using social media – both your own and your realtors – to let people know about your property.
- Don’t Skimp on Staging
One of the best things to do before selling a house is to get it properly staged. A home stager prepares the home by decluttering it and moving things around to make it more inviting and appear larger. This is a good step to take before even hiring a professional photographer. Hiring a stager does mean having to spend some money, but you’ll get a good return on investment. Staged homes sell faster and they can sell for up to 10% more than they would have otherwise.
If you can’t hire a stager then there are some things you can do yourself. Apply a fresh coat of paint, clean and organize the home, and hire professionals to clean the home and garden. Keep in mind the money you spend on these services will be worth it in the end. Give people the chance to see themselves living in your home, instead of leaving them wondering what your life there was like.
- Consider the Right Renovations
Renovations are another one of those things to do before selling a house. Renovations can add to the value of a property and make it more appealing. Just be sure to choose the right renovation projects. Don’t waste thousands of dollars on a huge renovation only to have it not affect the value of your property on the Las Vegas real estate market.
Focus on minor changes that can make a big difference to the aesthetic appeal of the home. Find ways to improve natural light, open up the floor plan a little, replace cabinets and appliances; these are all small projects that can do big things for Las Vegas home prices.
- Hire the Right Real Estate Agent
The best thing someone looking to sell a home – or buy one – can do is to hire a good real estate agent. A good agent understands no two sales are alike. You need a professional who can help guide you through the process.
If you plan on selling your home then be sure to price it properly, create a great online presence, and consider making renovations. Above all else though, you want to consult with a realtor and get their advice. They can help you to sell your home at the best price for the best profit. Get in touch with me Loralee Wood, and I will help you get the best price for your home. Call me on 702.419.3212 or send through an email to loralee(dotted)wood(at)cbvegas(dotted)com.