Are you a new homeowner? Congratulations! As you settle into your new home, it’s time to consider selling it. Selling a home can be daunting, but with the right tips and information, it can be a breeze.
In this article, we will provide you with some tips to help you sell your home quickly and for top dollar. Stay tuned for more information on how to make the most of your home-selling experience!
Get the Right Price for the Home
The first tip for new homeowners attempting to sell their homes would be to get the right price for the home from the beginning. Your initial instinct would be to try to sell your house for as much as possible. However, this might not be the best idea. What you should try to do is get an accurate estimate of what your house is worth through trusted and professional Battersea estate agents and then take between 15 to 20% off of that estimate. Why? Because you will begin to get offers right away, and eventually, potentially, buyers will begin bidding by offering more than your price until, eventually, the offered price is higher than what your house is worth.
Don’t Forget Curb Appeal
Instead of making the mistake of focusing all of your renovations on the interior of the home and not allocating a budget for the exterior, you should not forget about curb appeal. Many buyers will not care how amazing the interior of the home is if the exterior looks dreadful. You should budget for a new coat of paint, retiling the roof, if need be, and any windows that need to be fixed. In addition, you need to make sure that after you are done with the renovations, you dispose of the waste and garbage made during the renovation process. To ensure this is done right, it is a good idea to look into skip hire so they can do it quickly and professionally. You can also make sure the flower bed is free of weeds and healthy; if you don’t have a flower bed, consider adding one.
Don’t Renovate Everything
The next tip might sound a bit counterproductive at first. However, it will make sense very soon, and that tip is not to renovate everything. Your first instinct would be to try and renovate as much as possible to increase the value of your home as much as possible. However, this strategy might backfire. One of the most important things you’ll need to do when selling your house is getting an estimate of what it is worth compared to the other houses in the area. If you renovate too much, you’ll increase the price of the home well beyond the average cost in the area, and then you might struggle to sell it, which means you will need to bring down the price and lose the opportunity to make back the money spent on renovations.
Focus on the Important Rooms
One of the most important tips for new homeowners trying to sell their home is to focus on the most important rooms if you are planning on renovating. You might not be aware of this, but there are two main rooms that potential buyers look at when determining if they will buy the house. Those two rooms are the kitchen and the master bathroom. The kitchen is the home’s heart; as such, you should focus on renovating it before any other room. New countertops, a walk-in pantry, and updated door handles are all features that could add to the price of the home.
Will You Buy or Rent Next?
Finally, the last tip for new homeowners who want to sell their homes would be to decide if they will buy a house or rent next. This is an incredibly important decision to make since not only will it affect your budget, but it will also affect the entire experience. If you are going to be buying, you need to either have enough to first buy a home and then sell your current one or time the transaction just right so that you can buy a home with the money you get from the sale. Keep in mind, you might also need to take out a loan. Renting until you buy your next home might be a simpler option, but this will also add to the expenses since you don’t know exactly how long you will be renting.