Getting Your Home Ready for Sale And Get Top Dollar in Today's Real Estate Market How to Sell Your House (2024)

7 Steps to get top dollar for your home

Research and interview your Realtor - Make sure they know the market, and they belong to a Multiple Listing Service. Have the Realtor produce a CMA (Competitive Market Analysis) to price your home right, based on the sales prices in your surrounding area.

  1. List with a Real Estate Professional to maximize advertising your home. Most Realtors pay of all the advertising and will post on several websites.
  2. Price your home right - based off of what has sold in the last 6 months in your area. Your Realtor will help you with pricing.
  3. Get the Home Ready by organizing and removing clutter. Rent a storage unit, have a yard/garage sale. Have the carpets cleaned, touch up paint high traffic areas of the home.
  4. Consider having your home inspected by a qualified licensed Inspector, address any repairs that a future homeowner will want to be fixed (Buyers are encouraged by their Realtor to have the home inspected for their protection).
  5. Purchase a 1 year Sellers Home Service Contract. This insurance will protect you from major mechanical breakdowns, such as dripping faucets, toilets water heaters, furnace, and air conditioning units. Just to name a few companies, Old Republic American Home Shield, Choice Home Warranty.
  6. Consider hiring a home stager.
  7. Make sure you have a good survey. In most cases, they can be transferred to the new homeowner, provided you have not added an addition to your home or installed a swimming pool. Buyers will need a survey for the lender and for the title company. If you do not have one a new survey could cost you an additional 500.00

Top 5 Impressions Of Your Home - Use This Checklist

Now that your home is listed with a Realtor and all the marketing tools are in place.

There are a few inexpensive ways to make your home stand out. Find ways to make your home warm and inviting, standing out from the crowd.

Take a notepad with you and view your home from the curb. Take before and after photos.

The first impression of a home is ---Curb Appeal.

  • The Lawn is mowed
  • The driveway, curbs, and sidewalks are edged and free of obstacles and debris
  • Prune, trim, and weed the flowerbeds
  • If you like yard art, remove them, keep in mind not all buyers like yard decorations
  • Remove toys, firewood and other loose items from the yard
  • Roll up water hoses and check for leaky faucets
  • Inspect trim, doors, window frames, and garage door for rotting wood. Replace or paint if needed
  • Inspect screens, fix or replace if needed
  • Clean windows (tip: remove screens and store them-sparkling glass catches the eye)
  • Sweep porches and remove old patio furniture, BBQ grills, firewood, toys etc.
  • Remove spider webs, bird’s nests, and bees nests
  • Clean porch light fixtures and replace light bulbs

These few steps will make a difference. Take a before and after photo, so you can see the results.

The second impression of a home is what you see when you walk in the front door.

People subconsciously use their three senses - Sight, Sound and Smell

  • Consider hiring a professional stager as the stager will help in re-arranging furniture to make the most use of space. If your home is going to be vacant find a way to leave on all utilities. Easier to show when you can turn on lights, heating, and air conditioning units, as well as allow the buyer to have the home inspected.
  • Remove all family photos (this is for safety and privacy reasons as well as de-personalizing home).
  • Remove all valuables & mail
  • Have the carpets cleaned
  • Dust A/C Vents, ceiling fans, light fixtures, window treatments and replace light bulbs
  • Paint or Touch up paint baseboards and door trims
  • Clean closets and organize personal items
  • Use plug-in room deodorizers - tip place an open box of Tide in the laundry room - the power will leave a sense of clean fresh laundry.

The third impression of a home is the Kitchen.

  • Remove all small appliances from kitchen counter tops along with personal items such as mail
  • Clean microwave, oven, range, and refrigerator
  • Organize items in the cabinets, drawers, and pantry
  • Clean windows, light fixtures, and vents
  • With wood cabinets wipe down with Old English to restore shine and cover scratches and watermarks
  • Make repairs to appliances if needed
  • Repair leaking faucets if necessary

The fourth Impression is the Bathroom

  • Inspect faucets, toilet and shower heads for leaks and lime build-up replace if necessary
  • Organize drawers and closets
  • Clean windows, vents, and fixtures
  • Keep clean towels on racks and remove personal items from the counters
  • Remove laundry hamper
  • Tilex is a great cleaner that will remove mildew and soap scum. -- Tip: Tilex with bleach can make cleaning the stove top so much easier at it will dissolve greasy residue without scrubbing and is better than most products claiming to clean greasy stove tops and vent-hoods.

The fifth Impression is of the storage area, i.e. garage and sheds

  • Remove clutter from the garage you can have packing boxes, however, they must be organized
  • Remove clutter from storage sheds

**TIP-Consider having a garage sale, this will accomplish several things

1. Easier to prepare for the move in the event your home sells

2. Cleans up the garage, storage shed, and closets

3. This will allow neighbors and the local community to view your home, speak with family, friends, and co-workers that may lead to a potential buyer.

By taking these, few inexpensive steps your home will appear bright and inviting.

"Show and Sell"

Did you find this list to be helpful? Your comments are welcome.

Getting Your Home Ready for Sale And Get Top Dollar in Today's Real Estate Market How to Sell Your House (2024)

FAQs

Getting Your Home Ready for Sale And Get Top Dollar in Today's Real Estate Market How to Sell Your House? ›

One of the most effective ways to sell your home fast is to price it competitively. If you price it too high, you detract prospective buyers and price out potential bidders. In addition, it may take longer to settle the negotiation process if prospective buyers want your price to come down.

What sells a house for top dollar? ›

Here are seven proven tips to help you get top dollar for your home:
  1. Stage your home. ...
  2. Depersonalize it. ...
  3. Maximize light and space. ...
  4. Update and repair, but don't remodel. ...
  5. Focus on the kitchen. ...
  6. Boost curb appeal. ...
  7. Hire the right real estate agent.

What is the secret to a fast sale of a property? ›

One of the most effective ways to sell your home fast is to price it competitively. If you price it too high, you detract prospective buyers and price out potential bidders. In addition, it may take longer to settle the negotiation process if prospective buyers want your price to come down.

How much should you spend to get your house ready to sell? ›

Common expenses for home sellers in California
Common expensesEstimated cost*
🛠️ Prepping for sale$200 to $9,898
💸 Realtor fees2.00% to 7.00%
💰 Closing costs$5,515 to $23,223
🚚 Relocation expenses$735 to $5,749
2 more rows
Jan 4, 2023

How can I prepare my home to maximize my listing price? ›

Make Minor Repairs and Declutter Your Home
  1. Give the House a Deep Clean. You don't want any weird stains or bad smells dissuading potential buyers. ...
  2. Hire a Handyperson. ...
  3. Get Estimates for Any Major Repairs. ...
  4. Declutter Your Home. ...
  5. Paint the Walls. ...
  6. Depersonalize the Space. ...
  7. Get Your Home Photo-Ready.
Jun 14, 2023

What house sells fastest? ›

Homes that are well-maintained and recently updated tend to sell faster than those in need of significant renovations. Buyers are often willing to pay a premium for properties that are move-in ready. This includes houses with updated kitchens, bathrooms, and energy-efficient features.

What sells houses the most? ›

The kitchen, if presented appropriately, is almost always the room that is most likely to sell a house.

What is the common reason a property fails to sell? ›

The most common reason a property fails to sell is an unreasonable asking price by the seller. An asking price that's too high is the surest way to increase your days on market and have a "non-starter" listing that buyers simply ignore.

What is a ghost sale in real estate? ›

The term ghost offers likely was originated by a disgruntled realtor who was aggravated with local investors who would make offers on properties, get a contract on them and then not close when the time came. Often, these investors would cancel the contract under their inspection period clause.

What is the best day to list a property for sale? ›

Thursday is generally thought to be the best day of the week to list a house for sale. Studies show that homes listed on Thursdays are more likely to sell faster, and for a higher price. Talk to your agent about whether listing your property on a Thursday should be part of your home-sale strategy.

How to prep your home for selling? ›

Preparing Your House For a Showing in 11 Steps
  1. Get Your Home Inspected. ...
  2. Interview Real Estate Agents. ...
  3. Ramp Up Curb Appeal for a Good First Impression. ...
  4. Make Minor Repairs. ...
  5. Tone Down Vibrant Paint Colors. ...
  6. Organize and Declutter. ...
  7. Give the Junk Room a Purpose. ...
  8. Hire Professional Cleaners.
Sep 21, 2023

How should I prepare my home to sell? ›

Follow these tips when preparing your home for sale to attract the most interest — and the best offers.
  1. Identify necessary repairs. ...
  2. Declutter, depersonalize and clean. ...
  3. Gather all the documents needed. ...
  4. Home staging, curb appeal and photography. ...
  5. Listing your home. ...
  6. FAQs.
Oct 26, 2022

Should you put money into a house before selling it? ›

Before you sell, you'll want to ensure your home is in the best condition possible so it appeals to buyers. However, you'll also want to monitor your bottom line. You don't want to invest more than you stand to recoup.

How do home sellers negotiate prices? ›

Real Estate Negotiation Tips: How to Negotiate Price as a Seller
  1. Work With a Real Estate Agent. ...
  2. Choose Your Real Estate Agent Wisely. ...
  3. Set a Realistic Asking Price. ...
  4. Get a Home Inspection. ...
  5. Counter at the Asking Price. ...
  6. Put a Deadline on the Counteroffer. ...
  7. Don't Be Afraid to Reject an Offer. ...
  8. Offer to Pay Closing Costs.
May 30, 2023

How do I attract buyers to my listing? ›

Attract Traffic to Your Property—How To Make Buyers and Agents...
  1. Make Your Home Easy To Show.
  2. Offer a Competitive Buyer's Agent Commission.
  3. Increase Traffic Through Market Exposure.
  4. Host an Open House Extravaganza.
  5. Make a Limited-Time Offer.
  6. Drop Your Price as the Last Resort.
Apr 12, 2022

How do you get a seller to come down on price? ›

Top eight phrases to use when negotiating a lower price
  1. All I have in my budget is X.
  2. What would your cash price be?
  3. How far can you come down in price to meet me?
  4. What? or Wow.
  5. Is that the best you can do?
  6. Ill give you X if we can close the deal now.
  7. Ill agree to this price if you.
  8. Your competitor offers.
Jun 15, 2022

What does it mean when a house sells for $1? ›

If you sell your home for $1, the sale is perceived as a gift. This means that the house has not been resold, only gifted. For tax purposes, that means the tax basis stays the same. A house you bought for $100,000 may now be worth $400,000 at fair market value.

What property makes the most money? ›

Commercial properties are considered one of the best types of real estate investments because of their potential for higher cash flow. If you decide to invest in a commercial property, you could enjoy these attractive benefits: Higher-income potential.

Where do millionaires buy houses? ›

These countries are among the top places where the rich people own real estate. The wealthiest cities in the world that have the highest number of ultra-rich people include New York City, Tokyo, The Bay Area, London, Singapore, and Los Angeles, among others.

Who sells the $40 million dollar house? ›

The show's star, Jason Oppenheim of the Oppenheim Group, handled the 2019 sale, and he's listing it again. Due to changes in construction permits, a house of this scale will never be built in the Hollywood Hills again, he said.

Top Articles
Latest Posts
Article information

Author: Greg O'Connell

Last Updated:

Views: 5636

Rating: 4.1 / 5 (62 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Greg O'Connell

Birthday: 1992-01-10

Address: Suite 517 2436 Jefferey Pass, Shanitaside, UT 27519

Phone: +2614651609714

Job: Education Developer

Hobby: Cooking, Gambling, Pottery, Shooting, Baseball, Singing, Snowboarding

Introduction: My name is Greg O'Connell, I am a delightful, colorful, talented, kind, lively, modern, tender person who loves writing and wants to share my knowledge and understanding with you.