Private Property Sales, Anyone wanting to sell the property on his own might be in a quandary as to how to do it. One great problem he will face is how to value the property to set the correct market price, which involves many factors, among them sentiment. If you are wondering, how can I sell my house quickly and for top dollar, follow these tips.
House repair. The value of a house necessarily depreciates over time and usage. Those who sell property professionally know this and thus often recommend repairing the house –at least in the obvious places— to raise its selling value. Lived-in houses often bear marks: crayon lines, juice or coffee stains, scratches or nail holes in the wall and shiny newel posts where numerous hands have been placed over the years. These may be quaint and homey manifestations of the lives lived there, but many buyers want a functional home they can make their own marks on.
But the greatest reason is that a prospective buyer who sees a broken-down part of the house may immediately assume it may also have faults in hidden parts. That will automatically downgrade the property’s value in the mind of the buyer, arguing that expenses will be incurred to make repairs. And of course the reverse is also true: a well-kept house raises its intrinsic market value to both the seller and would-be buyer.
Therefore repairing that dripping faucet or torn downspout prior to putting the property in the market will enhance its selling chances. If the owner can show the buyer something new he did prior to marketing the house, the buyer would assume it is a well-maintained home, and he should not have numerous problems with the building. Actually, what sells the house is not the cost of repairs made, but the impression that repairs meant a well-cared for house.
House additions. A deck in the back part of the house to spend quiet afternoons in, a swimming pool for the children, a study room or small library where the student-children can keep their books and study, a two-car garage to stow the children’s outgrown bicycle in, even a breakfast nook can boost the house’s value immensely. These are amenities that are worth much that their actual costs, simply because not all houses may have them. Often, small things such as these can be very significant factors in the buyer’s decision-making. Thus the essential strategy of quickly selling property such as a house is to make it appealing to the buyer by making repairs and adding amenities if possible. Such repairs and additions make the property attractive to the buyer, hopefully enough for him to buy it.
But in the final analysis, these repairs and additions are only plus factors in the property’s value. Those who professionally sell property will assist you in estimating your home’s selling value, based on many factors. What the final selling price will be will ultimately depend on the agreement of the buyer and seller, even if it is the seller who initially proposes the selling price. A professional company or individual who sell the property as living can help you immensely in selling yours. They might even buy your property directly from you if that is your best option. Sell your Private property now with zero commission for more contact now
Dale Purdon, director and founder of IMAGINE Properties, Easy Home Sales any many more. Prior to setting up IMAGINE, Dale set out to build his own property portfolio in South Africa where he focused on acquiring high yielding rental properties in the lower end market and gained extensive experience in stock-sourcing as well as portfolio management.