3 Tips for Making a Profitable and Quick House Sale

Thomas Gilliam Uncategorized Leave a Comment

Putting your house up for sale?

Staging?

Repairs?

Renovations?

Done with all of these?

After a week of putting your house up on the market, you receive an offer and plan to sell it immediately. Yes, we know that if the house sits on the market for too long, it starts to lose value. However, selling it this fast will not bring in the big bucks. Maybe, if you had waited a little longer, you might have gotten multiple offers and the chance to drive up the sale value of the house in a bidding war.

This is a dream that every seller has and can achieve if they proceed with patience. Your home for sale in West Bloomfield, Michigan has a better chance of getting attention if you add some curb-appeal to it. A month or two will not harm your profits!

Here are a few tips that will help you make a profitable sale:

Presentation

Before setting the price of the house, give a little thought to its presentation, inside and outside. As you know, first impression matters and this is what will help you sell the house. Before inviting any potential buyer for a tour, make sure you are packed and ready to move out. Buyers like to picture their belongings on the wall and in rooms, and they won’t be able to do it if every surface of the house is cluttered. So, trim the garden, clear the backyard, re-paint the walls, clean the cabinets and hang a few abstract wall decorations. Make sure a fresh pot of coffee is brewing when the buyer enters the house.

Exposure

How do you plan to market your house? First, you need to know your target audience: entry-level buyers, high-end buyers, family buyers, leisure buyers, mature buyers or investment buyers. Once you know who you are marketing to, you can renovate the house accordingly. That way, your real estate agent will be able to add your house to the right listing.

Make use of social media to market your house and write down specific details that will give the buyers in-depth details about all the features. Post pictures of all the rooms and the exterior of the house from several angles. Make sure that your house looks exactly the same in pictures, as it does in real. If you post any deceiving information, people might spread bad word about your home for sale in West Bloomfield, Michigan.

Price

Since most people search a house by price, you need to make sure that your house’s price is set according to the real estate market trends. Once you and your real estate agent have set the price, compare it to the comps in the neighborhood and make sure that you are not exceeding the margin. If you are increasing the price, say $1,000 on your $250,000 house, then justify the raise. Don’t increase the price in competition… increase it according to the appraisal value of your house.

These are the three biggest factors that will help you make a profitable sale. When putting up your home for sale in West Bloomfield, Michigan, do your research and have all the papers ready, so that if the buyer comes with a counteroffer, you can evaluate whether it is worth the house sale or not.

Looking for a real estate agent to help you put up your home for sale in West Bloomfield, Michigan? Visit Homes2MoveYou now and get yourself a real estate agent for the right listing.

 

About the Author
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Thomas Gilliam

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I'm a Professional Realtor for 17 years with RE/MAX CLASSIC in the Oakland County MI and the Metro Detroit area and love what I do. Real Estate is my passion... Exceeding your expectations is my goal!