{"id":1330,"date":"2019-10-10T10:06:40","date_gmt":"2019-10-10T14:06:40","guid":{"rendered":"https:\/\/www.beingbobblog.com\/?p=1330"},"modified":"2019-11-12T21:25:55","modified_gmt":"2019-11-13T01:25:55","slug":"selling-your-home-for-maximum-value","status":"publish","type":"post","link":"https:\/\/beingbobblog.com\/happy-holidays\/selling-your-home-for-maximum-value\/","title":{"rendered":"Selling Your Home for Maximum Value"},"content":{"rendered":"<h1 class=\"entry-title\"><\/h1>\n<div class=\"entry-content\">\n<p><a href=\"https:\/\/i0.wp.com\/www.bankingsense.com\/wp-content\/uploads\/2015\/03\/HomeChecklist.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-4246\" src=\"https:\/\/i0.wp.com\/www.bankingsense.com\/wp-content\/uploads\/2015\/03\/HomeChecklist-300x212.jpg?resize=300%2C212\" alt=\"HomeChecklist\" width=\"300\" height=\"212\" \/><\/a>Selling a home is almost as exciting and nerve-wracking as buying your first property. Fortunately, if you work with an experienced real estate agent and take the time to prepare your home, it will sell faster (and most likely net you an excellent price.)<\/p>\n<p>Don\u2019t underestimate the power of home improvement projects and home staging\u00e2\u20ac\u201dthese things can amp up your home\u2019s appeal inside and out, and have buyers\u00c2\u00a0<a href=\"http:\/\/www.forbes.com\/sites\/investopedia\/2013\/05\/28\/6-tips-for-selling-your-home-fast\/\" target=\"_blank\" rel=\"noopener noreferrer\">fighting to make an offer<\/a>. Preparing your home for the market is a chance to make money and gain experience\u00e2\u20ac\u201dtake advantage of this opportunity by working hard.<\/p>\n<p><strong>Home Improvement Projects and Repairs<\/strong><\/p>\n<p>Small repairs and upgrades often have the biggest impact. Buyers want a home that is move-in ready. Minor things like burned-out lights, broken windows and cracked pavement detract from a home\u2019s perceived value. Make sure everything is in good working order, and then tackle the upgrades. With <a href=\"http:\/\/www.frontdoor.com\/photos\/top-10-home-improvement-projects\" target=\"_blank\" rel=\"noopener noreferrer\">a return on investment of 130 percent<\/a>, replacing your front door is the top improvement.<\/p>\n<p>If you\u2019ve lived in your house for years, you probably have a few projects that have been on your to-do list forever. Some of these may be good choices, but others may be <a href=\"http:\/\/www.bankingsense.com\/selling-a-house-the-costs-you-can-expect\/\" target=\"_blank\" rel=\"noopener noreferrer\">prohibitively expensive<\/a>\u00e2\u20ac\u201dprojects that have excellent returns share these traits, as they are affordable and reduce maintenance requirements. They improve efficiency, and they address problems.<\/p>\n<p><strong>Improvements for Kitchens and Baths<\/strong><\/p>\n<p>The <a href=\"http:\/\/www.thisoldhouse.com\/toh\/photos\/0,,20511891,00.html\" target=\"_blank\" rel=\"noopener noreferrer\">kitchen and the bathroom<\/a> are prime candidates for remodeling, but you might be able to get away with less\u00e2\u20ac\u201dreplacing drawer handles and knobs is an excellent step. You may also want to repaint or refinish drab cabinets if they are structurally sound. Purchasing a new fridge or oven is also a nice step, as a premium appliance can give a room a measure of quality.<\/p>\n<p>Installing modern light fixtures is another winning effort. In the bathroom, neutral colors create a classic look. Install a new shower head, and make sure the floor and shower itself are in good condition. Replace the caulk. Review this<a href=\"http:\/\/www.houselogic.com\/home-advice\/home-improvement\/home-remodeling-projects-with-long-term-ROI\/\" target=\"_blank\" rel=\"noopener noreferrer\">home improvement guide<\/a> to see which projects are worth the work.<\/p>\n<p><strong>What about Paint?<\/strong><\/p>\n<p><a href=\"http:\/\/www.benjaminmoore.com\/en-us\/for-your-home\/painting-ideas\" target=\"_blank\" rel=\"noopener noreferrer\">Fresh paint<\/a> is one of the most welcome and recommended improvements if you\u2019re selling your home. This project is simple and inexpensive. With good preparation, paint can cover minor blemishes and nicks\u00e2\u20ac\u201dit can also conceal the bold paint in a child\u2019s bedroom (buyers generally prefer neutral colors). You can maximize your return and achieve professional results by completing appropriate <a href=\"http:\/\/www.diynetwork.com\/painting\/how-to-prepare-a-painting-kit\/index.html\" target=\"_blank\" rel=\"noopener noreferrer\">prep work<\/a>, masking the trim, spackling holes and sanding the base coat. <a href=\"http:\/\/www.consumerreports.org\/cro\/magazine-archive\/march-2009\/home-garden\/interior-paints\/overview\/interior-paints-ov.htm\" target=\"_blank\" rel=\"noopener noreferrer\">Low-VOC paint<\/a> is an excellent choice and can be a selling point when you\u2019re marketing your home.<\/p>\n<p><strong>Outdoor Upgrades<\/strong><\/p>\n<p><a href=\"http:\/\/www.bhg.com\/home-improvement\/exteriors\/\" target=\"_blank\" rel=\"noopener noreferrer\">Exterior improvements<\/a> are extremely beneficial for improving your home\u2019s market value. Purchase new house numbers, replace broken or drafty windows, or install a new garage door. Invest in new siding, or make sure that your existing siding is <a href=\"http:\/\/www.bobvila.com\/articles\/how-to-clean-vinyl-siding\/\" target=\"_blank\" rel=\"noopener noreferrer\">free from mildew and stains<\/a>. If you want to make a more major improvement, build a deck or patio. These functional areas will help buyers visualize a new life in a new home.<\/p>\n<p><strong>Landscaping for Curb Appeal<\/strong><\/p>\n<p>Landscaping can increase your home\u2019s curb appeal and value considerably\u00e2\u20ac\u201dthe challenge is knowing where to start. First, how does your landscaping compare to other homes in the neighborhood? Is it lagging behind, or is it leading the way? Second, if your home has <a href=\"http:\/\/homeguides.sfgate.com\/trim-overgrown-landscape-51788.html\" target=\"_blank\" rel=\"noopener noreferrer\">overgrown landscaping<\/a>, it should be trimmed back, or even removed completely. Dying, neglected or overgrown plants will decrease your curb appeal. However, if you add a variety of landscape plants, your home\u2019s value can increase <a href=\"http:\/\/www.houselogic.com\/home-advice\/landscaping-gardening\/landscaping-home-value\/\" target=\"_blank\" rel=\"noopener noreferrer\">by as much as 10 percent<\/a>. You can easily double the money spent on plants, mulch and other supplies.<\/p>\n<p>If you spend just 2 percent of your home\u2019s estimated value on landscaping, you\u2019ll see major returns. A study by\u00c2\u00a0<a href=\"https:\/\/pubs.ext.vt.edu\/426\/426-087\/426-087_pdf.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Virginia Tech<\/a> found that adding landscaping increased the value of a $150,000 home by more than $8,000. The sophistication of the design, the diversity of the plants and the size of the specimens are generally the most important aspects.<\/p>\n<p>If you\u2019re getting ready to sell, you should have about two months to make changes to your landscaping\u00e2\u20ac\u201da bag of lawn fertilizer and a load of mulch are ideal for sprucing up a home quickly. Outdoor furniture, potted plants and seasonal flowers are excellent choices for improving the appearance of your yard, and adding value to your home.<\/p>\n<p><strong>The Best Times of the Year to Sell<\/strong><\/p>\n<p>You\u2019ve worked hard to spruce up your landscaping, and you want buyers to see the result. However, this might be impossible if your yard is <a href=\"http:\/\/www.realtor.com\/advice\/best-season-sell-home\/\" target=\"_blank\" rel=\"noopener noreferrer\">covered by a foot of snow<\/a>. Timing a sale is tricky, and it can\u2019t always be helped, but you can maximize your returns by understanding what drives the market. Traditionally, spring has been the best time to sell, though this <a href=\"http:\/\/www.washingtonpost.com\/realestate\/spring-may-not-be-the-best-time-to-put-a-house-on-the-market\/2014\/04\/17\/0e28c3e0-c3e5-11e3-b574-f8748871856a_story.html\" target=\"_blank\" rel=\"noopener noreferrer\">may not be the same<\/a> in every case.<\/p>\n<p>Buyers are active, and families want to get their kids settled before school starts. Approximately 60 percent of families who move do so in the summer, which shows how many homes sell in the spring. However, this trend is slowly changing. If you aren\u2019t ready to list in the spring, you still have a good chance to profit\u00e2\u20ac\u201dnew data shows that\u00c2\u00a0<a href=\"http:\/\/www.realtor.org\/videos\/november-pending-home-sales-rise-again\" target=\"_blank\" rel=\"noopener noreferrer\">November<\/a> is one of the hottest months for home sales. But why?<\/p>\n<p>Today, more than half of home buyers are retirees, single millennials, and couples without children. The school calendar doesn\u2019t affect these individuals\u00e2\u20ac\u201din fact, listing in the autumn and winter is advantageous, because the housing supply is lower. It becomes a seller\u2019s market!<\/p>\n<p>As a general rule, homes listed in the fall and winter are <a href=\"http:\/\/www.redfin.com\/research\/reports\/2013\/why-winter-is-the-hottest-time-to-sell-your-home.html#.VHzqZIvF-UU\" target=\"_blank\" rel=\"noopener noreferrer\">10 percent more likely to sell<\/a> for the listing price, and to sell within six months. Don\u2019t fear the holiday season either! If you can handle showings during this hectic time of year, feel free to list your home. Wintertime buyers are often in a hurry to relocate for a job, and thus need a home quickly. If your home is available, they may be willing to pay a premium price.<\/p>\n<p><strong>Staging a Home<\/strong><\/p>\n<p>Homes that are <a href=\"http:\/\/www.hgtv.com\/shows\/designed-to-sell\/15-secrets-of-home-staging-pictures\" target=\"_blank\" rel=\"noopener noreferrer\">staged<\/a> sell faster, and for more money. You could hire a professional, but many of these things can be done on your own (and for a fraction of the cost). Home staging starts with a thorough cleaning\u00e2\u20ac\u201dstrip waxed floors, shampoo carpets, and make every surface spotless. How much light a home has is also a major selling point.<\/p>\n<p>Wash the drapes, or buy new curtains. Clean the windows and screens to let in more sunlight. Put in high-wattage bulbs that show off your home.<\/p>\n<p>After you\u2019ve cleaned, it\u2019s time to <a href=\"http:\/\/www.realsimple.com\/home-organizing\/organizing\/professional-organizers\" target=\"_blank\" rel=\"noopener noreferrer\">declutter<\/a>. Remove family photos and keepsakes. Clear out the garage. Donate items that you don\u2019t use. Then, store the rest!<\/p>\n<p>Ideally, your home should be 90 percent packed when it\u2019s time for a showing. Closets and storage spaces are especially important to buyers. Make sure closets are tidy and no more than half full.<\/p>\n<p>Finally, arrange furniture to give each room a distinct purpose. Multi-purpose rooms give buyers a mixed message\u00e2\u20ac\u201dit\u2019s better if the buyer imagines a home office in a spare bedroom, rather than seeing a computer desk crammed next to a daybed.<\/p>\n<p>Test your improvements by walking around your home and looking at everything like a buyer would. Staging gives you the power to decide what potential buyers see (and what they don\u2019t see), including your children and your pets.\u00c2\u00a0<a href=\"http:\/\/www.hgtv.com\/design\/decorating\/design-101\/30-cant-miss-home-staging-tips\" target=\"_blank\" rel=\"noopener noreferrer\">This process<\/a> starts before you list your home, and continues through the showing. It can be a good idea to brainstorm a variety of home staging ideas in advance.<\/p>\n<p><strong>Aromatherapy for Home Sellers<\/strong><\/p>\n<p>Staging makes your home look great in listing photos, however, <a href=\"http:\/\/activerain.trulia.com\/blogsview\/867042\/can-aromatherapy-help-you-sell-more-homes--you-bet-\" target=\"_blank\" rel=\"noopener noreferrer\">pleasant smells<\/a> can make your home appealing in person. Before you get out the air freshener, it\u2019s important to remove unwanted odors. Pet odors and cigarette smoke are two of the biggest turnoffs for home buyers. If you have a problem with either, take steps to address these issues early in the process.<\/p>\n<p>Some homes suffer from musty odors. Open the windows regularly to draw in fresh air. Clean the walls, carpets, upholstery and any surfaces that harbor unwanted odors.<\/p>\n<p>Scientists know that olfactory experiences have a great effect on behavior. <a href=\"http:\/\/www.foxnews.com\/leisure\/2013\/04\/04\/home-staging-tips-scents-and-songs-may-snag-buyer\/\" target=\"_blank\" rel=\"noopener noreferrer\">Neutral and natural scents<\/a>, such as lavender, orange, lemon and pine, appeal to potential buyers. Avoid overbearing blended fragrances or artificial air fresheners. Studies show that strong scents create a mental disturbance and inhibit the decision-making process that is critical when someone is making the biggest purchase of their life.<\/p>\n<p>Vanilla extract and essential oils are excellent choices for perfuming various areas of your home. You can also boil cinnamon sticks or orange peels about an hour before a showing.<\/p>\n<p>Think seasonally, and consider what fits your home and the buyer. Avoid derisive scents like patchouli, and keep in mind that many people are sensitive to powerful fragrances. <strong><br \/>\n<\/strong><\/p>\n<p><strong>Hiring the Right Realtor<\/strong><\/p>\n<p>All of your hard work up to this point won\u2019t pay off without an effective <a href=\"http:\/\/www.realtor.com\/realestateagents\/\" target=\"_blank\" rel=\"noopener noreferrer\">real estate agent<\/a>. The right realtor can make the process of selling your home easy and profitable. It\u2019s tempting to hire the realtor who originally sold you the home or who found the perfect property for a friend, but these choices can prove to be less than ideal.<\/p>\n<p>A selling agent needs to be on top of the market and understand all the nuances of your neighborhood, including the sale prices of comparable homes\u00e2\u20ac\u201dpricing a home is an art!<\/p>\n<p>If you start with <a href=\"http:\/\/www.bankingsense.com\/home-values-3-great-websites-to-estimate-worth\/\" target=\"_blank\" rel=\"noopener noreferrer\">the right number<\/a>, you\u2019ll get more offers and still have room to negotiate. If you start <a href=\"http:\/\/www.realestateabc.com\/homeselling\/toohigh.htm\" target=\"_blank\" rel=\"noopener noreferrer\">too high<\/a>, your home might sit on the market, face price reductions and eventually sell for less than it would have.<\/p>\n<p>Look for an agent who is experienced and works in your area regularly. You need an accurate market analysis, not an inflated valuation. Here are a few questions to ask to help you find the right realtor.<\/p>\n<p>1. <a href=\"http:\/\/www.realtor.org\/topics\/existing-home-sales\" target=\"_blank\" rel=\"noopener noreferrer\">How quickly<\/a> are your homes selling? How does this compare to the average selling time?<\/p>\n<p>2. Did the homes sell for more or less than the listing price?<\/p>\n<p>3. What will you do to market my home locally and online?<\/p>\n<p>4. How often will you update me on any progress?<\/p>\n<p>5. May I speak to your most recent clients? Ask about the agent\u2019s communication skills, sales strategy and interaction from the listing through the closing.<\/p>\n<p>How well you prepare your home for the market can alter a buyer\u2019s perception and help you get top dollar. Everything you do should send the message that your home is well-maintained and ready for new owners. If you\u2019re\u00c2\u00a0<a href=\"http:\/\/www.northamerican.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">preparing to move<\/a>, you\u2019re probably ready to buy, which means that you should be able to see your home from a buyer\u2019s perspective. These strategies will help you sell your home quickly, and capitalize on its full value.<\/p>\n<p><strong><a class=\"addthis_button\" href=\"http:\/\/www.addthis.com\/bookmark.php?v=250&amp;username=xa-4bc9c938643e7c7d\"><span style=\"color: #000000;\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" style=\"border: 0;\" src=\"https:\/\/i0.wp.com\/s7.addthis.com\/static\/btn\/v2\/lg-share-en.gif?resize=125%2C16\" alt=\"Bookmark and Share\" width=\"125\" height=\"16\" \/><\/span><\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Selling a home is almost as exciting and nerve-wracking as<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,12,13,6,9],"tags":[989,988,987,984],"class_list":["post-1330","post","type-post","status-publish","format-standard","hentry","category-all-posts-comments","category-events","category-listings","category-real-estate","category-technology","tag-curb-appeal","tag-home-sellers","tag-outdoor-upgrades","tag-right-realtor"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","chromenews-featured":"","chromenews-large":"","chromenews-medium":""},"author_info":{"display_name":"Being BOB","author_link":"https:\/\/beingbobblog.com\/happy-holidays\/author\/admin\/"},"category_info":"<a href=\"https:\/\/beingbobblog.com\/happy-holidays\/category\/all-posts-comments\/\" rel=\"category tag\">All Posts &amp; Comments<\/a> <a href=\"https:\/\/beingbobblog.com\/happy-holidays\/category\/stuff\/events\/\" rel=\"category tag\">Events<\/a> <a href=\"https:\/\/beingbobblog.com\/happy-holidays\/category\/real-estate\/listings\/\" rel=\"category tag\">Listings<\/a> <a href=\"https:\/\/beingbobblog.com\/happy-holidays\/category\/real-estate\/\" rel=\"category tag\">Real Estate<\/a> <a href=\"https:\/\/beingbobblog.com\/happy-holidays\/category\/technology\/\" rel=\"category tag\">Technology<\/a>","tag_info":"Technology","comment_count":"0","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p822aG-ls","_links":{"self":[{"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/posts\/1330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/comments?post=1330"}],"version-history":[{"count":0,"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/posts\/1330\/revisions"}],"wp:attachment":[{"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/media?parent=1330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/categories?post=1330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beingbobblog.com\/happy-holidays\/wp-json\/wp\/v2\/tags?post=1330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}