blog-profitReal estate is a huge investment and people want to get a big return when they sell. Unfortunately, profiting from a sale is not a done deal. This is why you should prepare ahead of time to give yourself the best chance at a profitable sale.

Get an evaluation. An honest, third-party evaluation will help you set a good price and arm you with written information that you can share with buyers and realtors if anyone questions your price. It will keep you from setting your price too high or too low when you put your house on the market.

Check comparables. Your evaluation will include information about your competition but also more than that. It will also have information about homes that have sold recently in your area. This will give you an accurate idea of your market.

Remodel or update the kitchen. Most consider the kitchen the heart of the home and potential buyers will probably want to look at that first. A full blown remodel may not be entirely necessary unless you have outdated appliances, in which case it would be a good idea to look for more reliable and energy efficient replacements. Upgrading to more modern lighting and hardware with a fresh coat of paint can make a huge difference to a kitchen as well.

Upgrade your doors and windows. Homebuyers want to see modern options. They aren't going to care if your front door is the highest quality of oak if its aging and outdated. The same goes for the doors throughout the house. Replacing the doors with more modern options can have a big impact on the overall attractiveness of your home. Windows are the same.

Improve the exterior. Curb appeal is key in most cases. The outside of your home is the the first impression for buyers. A fresh coat of paint and landscaping will go a long way.

Advertise. When you choose a realtor, consider the advertising options that he or she utilizes. There are so many different ways to advertise anymore and you want your house to be in front of people at all times, in as many ways as possible.

 

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