If you plan on selling your house in Centerton, it’s only natural that you would want to maximize the selling price. All other factors being equal, if you can increase the price of your home, you’ll walk away with more money.
It’s an obvious dynamic that most of us would take advantage of, given the opportunity. If someone makes a $200,000 offer on your home, and someone else makes a $250,000 offer on your home, you’ll go with the latter.
But in practical application, things are rarely this black and white, and just listing your home for a greater sale price isn’t guaranteed to help you make more money from the sale.
So what are the most practical and effective strategies to increase the selling price of your Northwest Arkansas home?
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Working on Your Centerton Home Early
Weeks, months, or even years before you plan on selling your Arkansas home, you can do the following:
- Make strategic improvements. First, consider making some strategic improvements to your home. Not every upgrade or renovation is going to add more value to your home than it costs you in expenses, but there are situations where upgrades or renovations make sense. If you plan on living in this house for a few more years, for example, it might make sense to upgrade the kitchen; you’ll get to enjoy a modernized kitchen with your family, and you’ll be able to recoup most of the costs when you eventually go to sell. The most important variable to study in this strategy is return on investment (ROI); in other words, how much can you add to the sale price by investing in this particular upgrade?
- Pay for an inspection. Another valuable strategy is to pay for a home inspection, as early as possible if you know you’re going to sell in the future. A general home inspection is going to cost you a few hundred dollars. However, this investment is going to reveal the most significant issues with your home, so you can identify and correct them long before you ever list your home for sale. Not every minor issue is worth fixing, but you should at least address the major concerns if you want to sell your home for all it’s worth.
- Repair unsightly elements. In line with this, it’s a good idea to repair any unsightly elements associated with your home. Your Arkansas house doesn’t need to be perfect, but it should at least be presentable; even superficial defects can give people pause, leading them to question whether there are other, more significant unseen defects. Minor jobs, like patching up holes in the drywall or replacing worn carpet, can have a surprisingly positive impact on your sale price.
- Spruce up the curb appeal. Curb appeal is disproportionately significant for boosting the sale price of a home. Put simply, the better your house looks from the outside, the more it’s going to sell for, and the more enthusiastic your prospective buyers are going to be. This is largely due to first impressions, but in any case, it pays to replace your front door, replace your siding, invest in landscaping, or take other actions to make the exterior of your home more attractive and inviting.
- Apply a fresh coat of paint. It’s amazing how much value a single coat of paint can add to your home. It’s relatively cheap, and it’s a job you can handle yourself, but it can make your house look fresher, newer, and cleaner simultaneously. Paint in a neutral color to broaden your appeal – and enjoy listing your house for sale at a higher price.
Making Final Adjustments to Your Centerton Home
In the weeks or days leading up to your initial listing, you can execute the following strategies:
- Work closely with a Centerton real estate agent. Although it’s possible to list your home for sale entirely on your own, it’s typically better to work with an experienced real estate agent from Centerton. Your real estate agent will be instrumental in helping you choose the right listing price, choose the right outlets, and ultimately devise a marketing strategy that can help you achieve the highest possible sale price. Trust their recommendations and follow their advice.
- Give the house a deep cleaning. Right before you list the home for sale, give it a deep cleaning; this is especially important if you’re going to host in-person showings or an open house. Pay for professional cleaners if you want the best possible results. If you plan on doing the work yourself, make sure to get all the nooks and crannies, as even a single unpleasant point could leave a bad taste in prospective buyers’ mouths.
- Consider home staging. Home staging isn’t always the best play, but sometimes, it pays off in spades. The art of home staging is all about making your house as beautiful and presentable to as many people as possible. It typically includes things like making the space more neutral, rearranging furniture, and even introducing new decorative items to make the space more aesthetically appealing and more inviting. It’s an easy way to differentiate your home and entice people to make higher offers, but it does demand an upfront investment.
- Hire the best photographer you can afford. No matter what, it’s a good idea to have professional photography in your real estate listing. These days, most people start shopping for a new house by searching online, and without pictures that show off your home in the best possible light, you probably aren’t going to attract many high offers. Your best bet is to hire a professional real estate photographer, but if you choose to go your own way, make sure you take quality photographs.
- Set the right price for your Centerton home. It’s also vitally important to set the right price for your Centerton home. If you set the initial listing price too high, many people won’t even consider it, even if they’re otherwise interested in the property. Conversely, if you set the listing price too low, many people will try to take advantage of it, and you won’t be able to sell your house for the maximum possible price. Work closely with your real estate agent on this strategic element.
Entering the Centerton Real Estate Market
Once you finalize your preparatory strategies and enter the market, you can focus on these tactics:
- Prepare for your own move. Don’t forget to prepare for your own move. Not only is this going to make the logistics of moving smoother and more accessible, but it’s also going to help you make the house emptier and more neutral, which is going to be more appealing to prospective buyers.
- Listen to expert advice. Rely on expert advice whenever you can. Real estate agents, lawyers, photographers, and home stagers typically know what they’re talking about, and they want you to succeed. That doesn’t mean you need to accept every piece of advice or recommendation that you receive, but you should work collaboratively and actively with experienced people in the field.
- Remain patient and objective throughout negotiations. Finally, remain patient and stay grounded in objective reality throughout negotiations. You’re much more likely to finalize a good deal with a high sale price if you can maintain your composure, make compelling counters, and stay willing to pass up unenticing offers.
Selling a Centerton home isn’t always easy, especially if you don’t have much expertise in the world of real estate. But with the help of real estate agents, marketing specialists, and other experts, everything becomes much easier – and you’ll end up with a far better chance of maximizing the sale price of your home.
Everything starts with a free consultation – so reach out today!
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