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6 Steps to Make The Most Money From Selling Your Home

6 Steps to Make The Most Money From Selling Your Home

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    For many people, their home is their largest asset, so when they sell, they want to maximize the return. Though there can be some forces out of your control that affect the price you get for your home, there are plenty of issues you can control. Here are six steps to help you get the most money from your home.

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    1. Price it right

    One of the most important factors in getting a good price for your home is to price it right, which doesn’t necessarily mean to price it high. Your home’s price needs to match the other similar homes on the market. If you price your home too high, it could sit on the market, requiring you to reduce the price later anyway. If you price your home too low, you could wind up getting less than it is worth. Finding a price point that will get you maximum dollars while also allowing you to sell your home quickly is key.

    2. Sell at the right time

    Another key factor in getting top dollar for your home is the timing of when you sell. This is a very important thing to learn about if you are not using a real estate agent and selling your home FSBO. Most people start looking for homes in the spring, and the buying season continues well into the summer. Putting your home on the market during this period is likely to put it in front of more buyers and increase your chances of getting top dollar. You also want to avoid putting your home on the market when prices are depressed. If you don’t have to move, you might want to stay put for awhile and wait until the market improves.

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    3. Market your home as much as you can

    To get top dollar for your home, you need to attract the right buyer, and to do that, you need to get your home seen as much as possible. A Realtor will get your home in the Multiple Listing Service and will put up a yard sign. If you are selling on your own be sure to use your own yard sign. Get your home on as many websites as you can and promote it on your social media accounts as well.

    4. Spruce things up

    People don’t pay top dollar for a fixer upper or a house that looks tired. You can boost your chances of making the most from your home sale by sprucing things up a bit. You don’t have to make major renovations; in fact, doing so may not be cost effective. Small changes, such as repainting, updating window treatments and light fixtures and sprucing up your landscaping can help you get top dollar when you sell.

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    5. Be flexible on showings

    It’s hard to sell your home for any price if people can’t get in to see it, so be as flexible as possible about showing your home. While open houses are more convenient, most sales come from appointments. Keep your house clean and ready to show and make plans for pets and children so you can show your home on a moment’s notice.

    6. Consider all offers

    Negotiation is part of the home sales process, so you need to consider all offers that you get. If an offer comes in lower than what you want to sell for, don’t be afraid to counter. And don’t be afraid to reject a final offer if it is not as high as you think it should be. It is okay if you are not an expert at this. There are many books you can read to give you a good foundation to sell your home for the right price.

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    Last Updated on March 24, 2021

    8 Smart Home Gadgets You Need in Your House

    8 Smart Home Gadgets You Need in Your House

    We’ve all done it. We’ve gone out and bought useless gadgets that we don’t really need, just because they seemed really cool at the time. Then, we are stuck with a bunch of junk, and end up tossing it or trying to sell it on Ebay.

    On the other hand, there are some pretty awesome tech inventions that are actually useful. For instance, many of the latest home gadgets do some of your work for you, from adjusting the home thermostat to locking your front door. And, if used as designed, these tools should really help to make your life a lot easier—and that’s not just a claim from some infomercial trying to sell you yet another useless gadget.

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    Take a look at some of the most popular “smart gadgets” on the market:

    1. Smart Door Locks

    A smart lock lets you lock and unlock your doors by using your smartphone, a special key fob, or biometrics. These locks are keyless, and much more difficult for intruders to break into, making your home a lot safer. You can even use a special app to let people into your home if you are not there to greet them.

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    2. Smart Kitchen Tools

    Wouldn’t you just love to have a pot of coffee waiting for you when you get home from work? What about a “smart pan” that tells you exactly when you need to flip that omelet? From meat thermometers to kitchen scales, you’ll find a variety of “smart” gadgets designed to make culinary geeks salivate.

    3. Mini Home Speaker Play:1

    If you love big sound, but hate how much space big speakers take up, and if you want a stereo system that is no bigger than your fist, check out the Play:1 mini speaker. All you have to do is plug it in, connect, and then you can stream without worrying about any interruptions or interface. You can even add onto it, and have different music playing in different rooms.

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    4. Wi-Fi Security Cameras

    These are the latest in home security, and they connect to the Wi-Fi in your home. You can use your mobile devices to monitor what is going on in your home at all times, no matter where you are. Options include motion sensors, two-way audio, and different recording options.

    5. Nest Thermostat

    This is a thermostat that lives with you. It can sense seasonal changes, temperature changes, etc., and it will adjust itself automatically. You will never have to fiddle with a thermostat dial or keypad again, because this one basically does all of the work for you. It can also help you to save as much as 12% on heating bills, and 15% on cooling bills.

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    6. Smart Lighting

    Control your home lighting from your remote device. This is great if you are out and want to make sure that there are some lights on. It is designed to be energy efficient, so it will pay for itself over time because you won’t have to spend so much on your monthly energy bills.

    7. Google Chromecast Ultra

    Whether you love movies, television shows, music, etc., you can stream it all using Google Chromecast Ultra. Stream all of the entertainment you love in up to 4K UHD and HDR, for just $69 monthly.

    8. Canary

    This home security system will automatically contact emergency services when they are needed. This system offers both video and audio surveillance, so there will be evidence if there are any break-ins on your property. You can also use it to check up on what’s happening at home when you are not there, including to make sure the kids are doing their homework.

    Featured photo credit: Karolina via kaboompics.com

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