Naturally, you want to sell your house for the most money possible. And the best-case scenario, of course, is actually selling it for more than it’s worth. To do that, you’ll need to know exactly what is driving home sales in your local market and then make your house stand out and take the right approach by deploying some proven tactics. To help you achieve your sales goal, we offer these 5 tips to sell your house for more than it’s worth in Albuquerque.
1. Sell at the Right Time
One proven way to help you sell your house for more than it’s worth in Albuquerque is simply selling at the right time. This means selling at the right time of year and at the right time in your life.
“The time of year you list your home can affect what it sells for – or how long you’ll have to wait to sell at the price you’d like. Research has shown the best time to list a home is in early spring. In most of the major cities in the U.S., homes listed during that time have historically sold faster and for higher prices.”
The right time to sell your house also depends on what’s going on in your life both financially and personally. For example, It’s best to sell when you have enough equity built up to cover the remaining mortgage, the selling costs, and the moving costs. In addition, you wouldn’t want to sell when you have to sell fast in order to move for a new job. You’ll simply be in a much poorer bargaining position in this instance.
Do keep in mind, though, that the best-selling season can vary from local market to local market. So be sure to contact your Albuquerque agent at 505.514.0189 before listing.
2. Upgrade Wisely
You also need to be financially prudent when making upgrades to sell your house. While this may not allow you to sell for more, it will let you come out with more money in your pocket – which amounts to the same thing in the end.
“Sometimes you can stray off course and be upgrading things that have no return to you, but you thought were important . . . Before you spring for the new deck or kitchen, consider this Remodeling Magazine report that looked at the return on 22 remodeling projects across 101 U.S. real estate markets. With only a handful of exceptions, in specific regions or cities, almost all of the renovations cost more than they recouped upon selling.”
So before making upgrades, contact a Albuquerque to find out which ones will actually yield a good return on the investment. To find out more, just call 505.514.0189.
3. Work on Curb Appeal
Enhancing curb appeal is a proven, effective way to sell your house for more than it’s worth in Albuquerque. And it doesn’t have to cost a lot, either.
First impressions are hugely important. “You only get one chance to make a first impression, and making inexpensive cosmetic improvements to the outside of your home can have an outsize impact.” Curb appeal is what gets potential buyers into your home to see more. Without good curb appeal, your chances of selling for more are instantly diminished.
4. Give Them a Great Experience
The experiential aspect is often overlooked in home selling. But if you want to sell your house for more than it’s worth, you simply can’t neglect what buyers experience.
Here’s what industry pros have to say about this: “Making your home a place that people don’t want to leave and must buy is the goal. As intrusive as it is to your life when people view your property, you have one shot at making an impression. Take a play from the hospitality industry and make the showing experiential by stimulating all of the senses during a visit from potential buyers.”
So, first, make sure your home is uncluttered and clean and that it has been depersonalized. Then take care of staging, put out fresh flowers, and work on décor to make it as visually appealing as possible. “Turn on the music if you have surround sound. Light the fireplace. The small touches show that you care about your home and are often good indicators of how well kept the home is in less visible areas of the property.”
And don’t forget the sense of smell. “Your home should smell appetizing too. No one wants to smell that you have three stinky dogs or like cooking venison stew in the fall. You could bake cookies, light candles, or run a diffuser with a clean smelling essential oil blend – whatever you decide choose something neutral and universally liked.”
5. Work With a Local Albuquerque Agent to Sell Your House
Finally, it pays to work with an experienced local real estate agent. With local markets changing so fast today, most sellers need the help of a local agent who has her finger on the pulse of the local market. So if your goal is to sell your house for more than it’s worth in Albuquerque, don’t hesitate to contact us today at 505.514.0189.