Last Updated on February 15, 2021 by Maggie Sutton
Do you want to save money while selling your house? Since our founding in 2002, Homes for Heroes has accumulated valuable information on how to sell your house so that you can afford to move into your next home. Here are some helpful money saving suggestions from real estate professionals.
Real Estate Agent
Choosing an experienced real estate professional to handle the sale of your house is possibly the best way to keep money in your pocket when selling your home. A real estate specialist, like the Top Real Estate Agent Coldwell Banker Hulsey, will be an expert in the real estate market in your area and is in an exceptional position to help you pick the appropriate asking price for your house. They will also help you market your property effectively. It is vitally important to choose a fitting asking price for your home. The right list amount brings in buyers who make offers. An amount that is too high tends to drive buyers away from the house.
Along with setting an appropriate asking price, the real estate professional understands how to market your house to potential buyers. Successful agents use techniques offered by services similar to Render Vision to do virtual tours, open houses, mass mailings, and posting the house on the Multiple Listing Service (MLS). Recently, agents began utilizing the power of social media to introduce a property to potential buyers.
You’ll save money when you list your house at an appropriate price and market the house to a large pool of prospective buyers because your house will sell more quickly. Let’s say that the cost of your current home is $2,000 a month. With every month that the house on the market, you’ll continue to pay the $2,000. Choosing a real estate professional who is an expert at selling homes in your community will save you money because your house will receive offers more quickly and sell at the best price possible.
Homes For Heroes Gives Back
Using a Homes for Heroes affiliated real estate agent to sell your house is an excellent way to conserve your hard earned funds. You are a Hero, so to honor your service, Homes for Heroes will send you a Hero Rewards check after your closing. On average, heroes save $2,400 when they sell a home with Homes for Heroes.
In addition to this cost saving, your Homes For Heroes affiliated agent is an expert in selling homes in your community. Your real estate professional knows how to help your house sell for the right price in the shortest amount of time possible.
You can get the help of a transaction coordinator who can make sure all your home selling requirements are met accordingly. Most people get confused between a transaction coordinator and a real estate agent. While the former does most of the administrative tasks, the latter mainly focuses on finding a suitable buyer. You can read more about Transaction Coordinator Guide here.
Pre-sale Home Inspection
Are you worried that your house isn’t in perfect condition? Many people live with minor glitches in their house and only discover that they need to repair the problems during the home inspection part of the house sale. Finding out about issues, and fixing them, while dealing with a potential buyer is stressful and potentially costly. You can minimize this stress by paying for a home inspection before putting your house on the market.
According to homeadvisor.com, home inspections usually cost around $300. In many real estate markets, a few hundred dollars from your pocket is worth it because it tells you what needs to be repaired to sell your house. Based on the home inspection report, your real estate agent will help you figure out what repairs you should make to your house. The agent can also recommend professionals to perform the repairs at an excellent price.
Performing a home inspection before selling your house can also save you money because in many hot real estate markets the buyer will accept your home inspection instead of paying for a new report. Even if the buyer purchases another inspection, you’ll most likely save money by making necessary repairs before putting your house up for sale.
Experts say that renovating your home may not make it sell for more money. It may make it sell faster, though, and that can save you money. The trick is to make smart renovations that don’t cost too much money, yet inspire a buyer to make their best offer. One such renovation could include french hinged doors. These doors can add value to any home which has an antique element to it. Particularly, if the house has a patio, French doors are a match made in heaven to boost the resale value of the house. The real estate market in your area also helps to determine how many renovations you need to make your house competitive in the marketplace. For instance, properties in very hot markets need no improvement, whereas dwellings in slow markets benefit from cost-effective improvements.
Some smart and straightforward renovations include:
- repainting cabinets and updating cabinet hardware
- replacing old light fixtures
- replacing leaky faucets
- painting walls a neutral color
- replacing the badly worn carpet
In general, houses don’t require a major renovation, such as a kitchen remodel, to sell. More importantly, you probably won’t get the money that you spend on an expensive upgrade back when you sell. It’s a great idea to tour houses for sale near you to see what type of renovations might make your house stand out in the market. Also, your Homes for Heroes affiliated real estate professional has lots of experienced advice to share with you regarding making smart renovations.
One of the most cost-effective steps to save money when you sell is to create compelling curb appeal. Your house only has one chance to say hello to a buyer. Buyers will happily tour your home when the front of the house pleases their eye. Luckily, it is simple to uplift the front of your house through a few easy steps.
- Shine the windows
- Power wash the sidewalk and driveway
- Mow and weed the lawn
- Trim trees and shrubs
- Paint or refinish the front door if needed
- Plant colorful flowers
- Set out a new welcome mat
Once your house looks warm and welcoming, you must keep it looking fantastic throughout the sales process. If you’re busy with work and life, consider hiring a neighborhood teenager to help with the lawn maintenance.
In closing, it is possible to sell your house without spending a fortune doing it. Homes for Heroes helps Heroes like you with all of your real estate needs, and our affiliated real estate agents are experts at selling houses. Contact us today and start saving money while selling your home.