5 ways to maintain and prepare your home for profit
5 ways to maintain and prepare your home for profit
Selling a home is an exciting process to be involved in, but it’s not necessarily easy. From placing your home on the market, showing potential buyers through it, negotiations to settlement, there’s a lot to consider.
Naturally, every homeowner wants to sell their property for the highest possible amount, but it’s not as simple just sitting back and waiting for the big sale to come to you.
That’s why the more prepared you are, the higher your property can sell for. That means getting the reward you want will only happen if you plan carefully and take the time and effort needed to professionally prepare your home.
To guide you with the process, below are five things you need to do to ensure your house gets maximum interest from buyers and sells for the price you want.
How to maintain and prepare your home for profit
As a homeowner, your home is likely your biggest asset.
That’s why it’s vital that you, as its owner, do everything you can to maintain your home so that you can maximise your return on investment.
So don’t just sell it without any preparation. You’ll be surprised by how small things go a long way to securing an amazing deal.
So in order to sell your home for the highest possible price, follow these five steps:
1.Conduct a maintenance audit
Having a physical or digital logbook of everything that needs maintenance such as repairs or replacements is crucial before the sales process begins.
You don’t want your prospects to visit your property and realise that it doesn’t feel like a home because of broken fixtures, wall cracks, and malfunctioning taps and switches. If anything, that will drive away anyone who thought your home only looked nice in the images.
So to make sure that your property looks attractive to your potential buyers, you need to walk through each room and list down everything that is damaged, doesn’t work, or looks bad, so you can make a list and get each one fixed or replaced.
Here are some things to take note of:
•Lights that don’t work properly (or at all)
•Chipped tiles in the bathroom or kitchen
•Exposed bricks in the garage
•Taps and flushes that don’t work
•Drafty windows or doors
List all of the problems down in a checklist so that you can easily keep track of what you’ve already fixed and which items still need to be completed.
2.Declutter your home
As a homeowner, you’ve spent years creating memories in your home. Especially for the sentimental types, the stuff in your house is what made it feel like home.
But while all the items in your home like picture frames and old books are important to you, your potential buyers might not see it the same way.
That means anything that is cluttering the space needs to be moved out (i.e to a temporary storage warehouse or to a friend’s or family’s place), sold, or thrown away. You’re moving out soon too, anyway.
You don't want to overwhelm potential buyers or distract them from the beauty of your property because of items that might be in their way.
Some things to remove include:
•Kids’ dollhouses and bikes
•Shoe racks by the doors
•Baulky cabinets, tables, and chairs (furniture is great for staging, but too much is not)
•Portraits on the walls
•Books that no longer fit in the shelves
•Outdated or broken technology (e.g. remote controls, unused consoles)
3. Make sure your home is spotless
Now that you’ve maintained and decluttered your home, you still need to make finishing touches to make sure it’s perfectly neat and tidy.
Potential buyers will see things that you won’t, so you need to make sure that every corner of your home is up to scratch.
That means each room will need some elbow grease along with a bucket of soapy water and a sponge.
Here are some things you need to pay attention to while cleaning:
•Walls and floors need to be cleared of dirty marks
•Burnt food needs to be removed from the stovetops and ovens
•Windows/mirrors need to be crystal clear
•Carpets must be vacuumed
•Sinks should be free from grim
•Ceilings and corners need to be dust-free.
With a squeaky clean home, you’re encouraging potential buyers to feel warm and comfortable and picture themselves living in your house.
4.Create curbside appeal
A welcoming environment starts from the street view, so your potential buyers will want to see a house that’s jaw-dropping as soon as they drive up to it and step out of their car.
This means that the outside of your home needs to be as eye-catching as it is inside.
Here are some tips to do that:
•Make sure your lawn is freshly mowed.
•Trim the back hedges and some tree branches that may obscure some views.
•Sweep your driveway and paths.
•Dig out weeds.
•Remove leaves from the gutters.
•Clean up after your pets.
•Store sports equipment and bikes neatly.
•Keep all your plants watered and healthy.
•Rake leaves off your lawn, paths, and beneath the hedges.
5.Get building and pest inspections done
Be a preemptive homeowner by removing one roadblock potential buyers face: knowing whether the property is structurally sound and pest-free.
No one wants to buy a house that’s possibly infested with mice, roaches, or termites, nor do they want to live in a building that might collapse above them in a storm.
While getting a building and pest inspection costs money, it offers peace of mind to both parties that nothing is wrong with the home you want to sell and a house somebody wants to buy. This will also put you in a stronger negotiating position.
Since the inspectors are experts, they’ll be able to inspect areas that you might have missed. Inspections typically cover:
•All outdoor spaces in your lot (i.e. garage, driveways, garden shed, fences, backyard, etc.)
Giving your prospects the proof to reassure them that your home is pest-free (and not slowly being eaten away from inside the walls and ceiling) will make it more attractive to them and speed up the selling process.
Setting your home up for sale can be a time-consuming process, but it’s the effort made early that produces the best results later.
Remember, your home is one of your biggest assets, so make sure you do what you can for it to boost maximum profit.