Updated: Apr 14
Selling your home is a great opportunity to make a lot of money. Everyone should make a profit when selling their house - if you don’t, something has seriously gone wrong.
Nevertheless, you might not get as much money as you could. Too many sellers settle for less than they should because they don’t know how to get more money when selling their homes. Below, you’ll see three tips that’ll instantly increase the sale price.
Improve its energy efficiency
These days, people want energy-efficient homes. Why? Because it helps them save money while doing their bit to save the planet. The problem is, your home might not be the most efficient house out there, particularly if it’s quite old. Improve this, and you could get way more money when selling your property.
Plus, some of the things you do to improve efficiency will also add more value to your home. As mentioned on philadelphiawindow.com, some new windows can provide 700x more insulation than old ones. This improves energy efficiency but it also gives your home some shiny new windows that buyers will love. The same goes for upgrading your heating system; it saves energy but is also a key thing buyers look for. So, the price of your house keeps on going up.
Pick the right time to sell
Did you know that your house could fetch more or less money depending on when you try to sell it? Statistically speaking, late spring and early summer are the best times to sell a house. This is when most people are looking to move - nobody wants to go house hunting during autumn/winter as these periods are typically very busy and the weather isn’t great.
However, you should also take the market into account. If we’re in a buyer’s market, it means loads of homes are on offer with hardly any buyers. In essence, the ball is in the buyer’s court as sellers are more desperate. Instead, aim to sell during a seller’s market - this is when there are loads of buyers and not many homes up for sale. It puts things in your control as buyers are desperate to get a house and will be willing to pay more. A simple little trick, but you’ll be stunned at how much money you can get extra.
Don’t use a real estate agent
This might seem controversial, but you can get more money when selling your home if you don’t use a real estate agent. Provided your house is well-maintained and looks brilliant, you shouldn’t need the help of a real estate agent. They’ll just take a chunk of the sale as a commission.
It depends on how much time you have on your hands and how confident you are doing it yourself. To be honest, it’s worth giving it a go alone and seeing how things far. If you manage to get some generous offers, then sell your house and pocket all of the cash!
Et voila! You’ve just sold your home for more money than you initially thought. Focus on energy efficiency, pick the right time to sell, and consider ditching the real estate agents.