Getting The Most For Your Home

value for home

We all know that there’s a standard procedure for trying to get the most for your home when putting it up for sale.

There are also very specific techniques that some people use to try and sell it faster or get cash for their home rather than waiting 2-3 months through traditional sales process and going back and forth with buyers.

So, what’s the best way to handle getting your home sold?

It really does come down to preference and the situation that you’re in.

If you have time, then go for the the highest amount

If you’re not on a tight timeline and you can be patient, then it might be best to simply go for the highest amount possible.

You’ll want to explore the top things to do to get your home’s value raised as well as the best methods to get the home sold.

Much of this you can find online, but this is one of our go-to resources when it comes to showing a few tricks you can do to get your home’s value raised.

Curb appeal is commonly listed as one of the most important factors when selling a home, so be sure to check for anything that you can quickly do to make it appear as your home is in pristine condition as soon as someone sees it from the street.

One of the things that almost never comes up is home maintenance and warranty.

Similar to how you might appreciate a used car that comes with all of its maintenance records and upkeep, buyers would know that a home was well taken care of knowing that there was a home owners insurance and home warranty that took care of any issues that may have arisen during its previous owner’s reign.

When you’re on a tighter timeline

When you’re at the mercy of a timeline, whether that’s foreclosure or simply relocating for a job, then you’re forced to look at some alternatives that might get you the result you’re looking for more quickly.

This might involve selling on the MLS at a drastically reduced price or working with a real estate investor who is willing to take the house off your hands without requiring you to do any repairs or extra work.

They’ll also generally take care of all the fees related to the title transfer, which is an added perk when you’re trying to move fast.

If that house just won’t sell

Sometimes you’ve done everything right and the house just won’t sell.

If the market is currently in some sort of stall, supply might be higher than demand, which is one clear way of having houses not move as quickly as before.

You may consider lowering your price or changing the offer.

Otherwise, you may either be missing a few things that buyers are looking for, or you simply haven’t found the right buyer yet.

This is especially true in luxury homes where the list of potential buyers is much more narrow.

If you’re working with a house that is having a hard time selling, you’d definitely want to check out this information about how you might help get rid of that wall.

Maybe it’s best to turn it into a rental

Some homes can be used as rentals instead of selling it.

If that’s an option for you, you might consider taking on a long-term tenant or going into the short-term business.

The short-term rental business requires a little more maintenance.

If you’re up for it, it could bring in multiples of regular long-term rental income.

But if you’d rather not deal with that yourself, you can explore what’s called the master-lease option, which many investors are now doing in order to make short-term rental income through airBnB without owning the property.

It’s essentially allowing an investor to sign a lease agreement with you, with the caveat being they can sublet to short term renters through sites such as airBnB, and they will take over the management and maintenance of everything involved.

This type of arrangement makes it so that you don’t have to be there and don’t have to deal with much of anything other than the mortgage payment and putting your profit in the bank.

There are many ways to deal with real estate

Real estate is one of those things where there are a lot of different ways to handle homes.

From selling to making passive income, homes can be used in multitudes of ways.

Hopefully you’ve find some of this information useful. It’s based on some of our experience in real estate.

Keep checking back for more info on our homepage!