You’ve made the big decision to sell your home--congratulations! Now, one of the most common thoughts that comes to mind after making this decision is, "How can I sell my home for the most money in this market?" Here are the top 4 things you can do to make sure you sell for max value.
1. The price is right
The absolute most important part of getting your home sold (especially in this red-hot Denver market) is pricing your home right. When you hire your agent or brokerage to represent you, they will run a comparative market analysis (CMA) to give you a data-driven recommended price. They will evaluate the recently sold homes in your area, take into account days their on market and the condition of your home.
If you overprice your home, your home can sit longer and you run the risk of going stale on the market. Buyers will wonder why your home has been on the market for more than 10 days in the condition of Denver’s real estate market.
2. Get the right agent for you
Real estate agents are not few and far between. That's why it's critical to do your research and make sure they are someone you want to work with for the next 60-90 days. If you want to save the equity you've built in your home, it's important to ask the agent, "How much are you charging to sell my home?"
3. From the outside looking in
The ultimate goal is to give prospective buyers a blank canvas so they can begin to picture living in your home. As soon as they walk in the door they’re probably thinking, “Will my couch fit against that wall? How is my bed going to fit in that space?”
Homeowners can sometimes get carried away with making improvements like changing out the lighting and plumbing fixtures or replacing the cabinetry before putting their home on the market. The challenge with that is not every buyer’s taste is the same. A fresh coat of neutral-colored paint can go a long way in making the home feel updated. If you’re going to go the extra mile, we suggest starting with the two main rooms buyers pay attention to: the kitchen and the master suite. That’s a sure way to impress potential buyers.
4. First impressions count -- a lot
It’s human nature to begin evaluating and formulating an opinion on something as soon as we see it. That’s why it’s important to make a great first impression with your home’s curb appeal. The price range for updating your landscaping can be anything from a couple hundred dollars to… well, you name it.
Keep in mind that the same rule for updating the inside applies to updating the exterior of your home: your style will not necessarily be the same as the person looking at your home. Simplicity can go a long way.
We hope you learned a few tips on getting your home ready for the market and selling for max value! If you enjoyed this blog, please share with your friends and comment below with suggestions for our next article.