Now that the real estate market is starting to improve, you may be wondering what you can do to start improving the returns you could realize in the market. Depending on your area, sometimes the low selling prices make this easier, but most of ทาวน์โฮมมือสอง the time it takes more. Here are five tips that can help keep you on track to maximize your returns.
First, for buyers looking to scoop up some investment pieces, financing rules have been relaxed and it can be easier once again to get financing. This gives you a chance to get a potential investor or homebuyer into a better property than he or she might have otherwise been able to buy. That higher priced property means a higher return - and a bigger commission.
Second, encourage your sellers to do some basic remodels, too, in rooms that return nearly 100% of the investment or more back to them. They should be strategic about what remodeling projects they take on. A new house will not benefit from a remodel, but a house that looks dated or even has some damage in the kitchen or bathroom will be much more likely to give a better rate of return. Those remodels will boost the value of the house significantly, and therefore raise your return.
Even small home improvements can give a lift in the home's selling value. That way you won't be making your seller incur a lot of debt during the process.
Third, consider hiring a home inspector. You will have to pay him or her for the time spent evaluating the property, but it can pay off in the long run by discovering any and all issues before the sale process gets started. Discovering there are structural issues in the house during the sale often means the price of the house has to be reduced, and that cuts into your return, sometimes significantly.
Fourth, have your seller clean and stage the house. A clean house really attracts buyers and gets them motivated to buy because it is friendly and welcoming. A sale that occurs as close to the listing date as possible goes for the initial list price more often than not. That means a house is not sitting on the market, getting the price reduced every few weeks trying to move it. And, a lower selling price means less money coming back to you.
Lastly, make sure the house looks good on the outside. This can mean a fresh coat of paint on the exterior of the house, or it could mean doing some work on the landscaping. Proper pruning of existing plants and planting some new, brightly colored annuals can give the home an inviting appearance. This might seem like something silly, or at least something that won't give you a good return, but nothing could be further from the truth. A nice "curb appeal" draws people to your house at open houses and that translates into more opportunities for a sale.
Sometimes it can be just a simple thing that will improve a home's value, while others need some more work. It's all worth it in the end, however, to pay attention to the details so you can maximize your returns.
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