How To Sell Your Home Quickly

April 2, 2018 BY AFFCU in

Spring is in the air! Aside from the hum of lawnmowers, chime of the ice cream truck and pleasant sight of newly bloomed flowers, spring means the chance at a fresh start in a new home.

If you’re looking to sell your Baltimore, MD home and start over somewhere else, you likely want to see that sale happen sooner rather than later.

After all, it isn’t easy paying two mortgages at once! You may also be counting on the proceeds of the sale to help make a down payment on your new home.

15 Tips to Sell Your Home

Here are 15 fantastic tricks to get your home ready to hit the market and into the hands of new owners as quickly and easily as possible.

1. Price it right

You want to get as much as you can for your home, and ironically, that means pricing it lower than the going rate.

Find out the true worth of your home, and then hack 20% off that price. You’ll have buyers rushing to your home – and then bidding up the price to what you really wanted. They may even offer more!

2. Choose the right agent

Do your research before hiring a realtor. Your broker should have an excellent track record that includes recent sales, being updated on the latest market trends and knowing how to use technology to get the word out about your house.

Ask for references and credentials before making a decision.

3. Let the light shine

After location, the amount of light in your home is the second-biggest selling factor. Change your lampshades, add more lighting where necessary and use the maximum wattage for every light fixture.

You can also scrub your windows and remove drapes to fill rooms with more natural light.

4. Rent a storage unit

You want your house to be clutter-free and your closets to look as spacious as possible. To do this, you’ll probably need to get rid of half the stuff around your home and stored in your closets.

Consider renting a mini storage unit to house your belongings until your home is sold. As a bonus, you’ll have a leg up on the packing when it’s time to move!

5. Amp up curb appeal

First impressions matter the most. Attract buyers by sprucing up the exterior of your home. Splurge on a striking patio set, trim your shrubs and plant some pretty flowers along your walkway. You’ll likely get a 100% return on the money you spend.

6. Focus on the kitchen

The kitchen is the heart of the home. Buyers will spend the longest time here, and offers fluctuate according to updates. Depending on the state of your kitchen, you might want to do a quick remodel, including a fresh coat of paint, new cabinets, hardware and more.

Not convinced? Consider this: Replacing your old countertops will run you a few thousand dollars, but a buyer can easily shave $10,000 off the asking price by claiming your kitchen is outdated.

7. Upgrade – but don’t go overboard

In addition to the kitchen, you’ll want the rest of your home to look its best. It’s a good idea to do basic repairs and some remodeling to make it sell faster. But don’t go overboard, or you may end up losing money.

A paint job and some new light fixtures, door handles and rugs can do the trick.

 

Consider taking out a home equity loan or line of credit for home improvements and upgrades.

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8. Make it impersonal

To you, it looks homey and lived-in. To potential buyers, it’s just a mess. We’re talking personal effects. Get rid of them before showing your home. You want your visitors to envision their own family and personal belongings here – not yours.

9. Market it yourself

Be your own best agent. Let everyone and their neighbor know that you’re selling your home.

Post an attractive picture of your house on your favorite social media platforms, tell your friends to tell their friends and be sure to speak in glowing terms about your house to anyone who asks for details.

10. Make it sparkle

Don’t skimp on this one! Give your entire home a deep cleaning before showing it to buyers, scrubbing and buffing until every corner gleams. Nothing turns a potential buyer off like grimy counters or streaks on the bathroom mirror.

11. Hide your pets

Not everyone is an animal lover. If you’ve got some furry critters at home, hide the evidence! Don’t leave out a bowl of dog food or a half-chewed ball of yarn. If you’re hosting an open house, send your pets to a friend’s place for the day.

12. Time it right

Spring and summer are by far the most popular times for house hunting. Placing your home up for sale when more people are looking to buy will put you ahead of the game from the start.

13. Hire a professional to help you set up your home

Unless you’ve got an awesome eye for aesthetics, you might want to hire a professional to stage and photograph your home. They can arrange your furniture so it maximizes space and then shoot photos showing it in the best possible light.

14. Use extra rooms

Do you have a spare bedroom that houses your baby gear or boxes of your college stuff? Now’s the time to clear it out! Set up an empty room as something useful, like a guest room, an exercise nook or even a hobby room. It will look a lot more attractive to potential buyers than a room full of stuff!

15. Encourage people to explore the entire house

Entice visitors to check out the upstairs and to peek into bedrooms by placing a piece of artwork, a pretty vase of fresh flowers, an interesting light fixture or even painting an accent wall near the end of a hallway or at the top of a set of stairs.

Preparing to Sell Your Home

It’s not an easy endeavor to prepare to sell your home.  However, these tips can get you off on the right track and reduce the time your home is on the Baltimore, MD real estate market.

It’s also in your best interest to become familiar with financing options to aide in the process of preparing to sell. There is nothing worse than pouring your own money into a home you plan to unload. So, why not take out a home equity loan or line of credit to fund the work you put in before hitting the market?

Use Home Equity as Budget-Friendly Financing

Many sellers decide to take out a home equity loan or line of credit for home improvements and upgrades. Atlantic Financial Federal Credit Union in Baltimore, MD offers competitive rates and flexible repayment terms on Home Equity loans.

Let us help you lighten the financial burden of selling your home, so you can focus on the future.

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