8 Questions To Ask When Prepping Your Home For Sale

8 Questions To Ask When Prepping Your Home For Sale

Want to sell your home? Good idea! In order to boost the sale price and make it sell quicker, ask yourself these 8 questions before you change anything about your home!   

First, evaluate the temperature of the real estate market in your area. Assess the competition. Start with these three questions.

  • How quickly are homes selling? Talk to your real estate agent to get a feel for the market. In a seller’s market, you may be able to get away with some repairs and still have good results. Buyer’s market? Expect to do more repairs to impress buyers.

  • How soon do you need to sell your home? This will help you decide whether you should make pricey changes.

  • How does your home compare to others on the market? It helps to know what buyers are seeing in other homes so you can keep up with common updates.

Next, ask yourself these five questions to determine whether you should make certain repairs or changes.

  • Is there a faulty item that makes your home look like its been poorly cared for? If a potential buyer notices something that sends a red flag, they may not give your home a chance.

  • Is there a less expensive way to keep up with comparable homes?  Try painting kitchen cabinets or swapping out hardware instead of doing a full remodel.

  • How much should you lower the price if you choose not to make repairs? You could sell as-is, but remember buyers will also want a discount for the hassle.  Discuss other fixer-uppers in the area with your Realtor.

  • Will the buyer see it? You want to fix these repairs first in order to make a good first impression.

  • Is it a deal breaker? A house with a bad roof is a hard sell. Evaluate how hot the market is and how much time you have to make a repair.

Source: houzz.com

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Phone: 512-944-3121
Dated: December 1st 2015
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About Selden: Selden is a native of Memphis, TN where he attended Christian Brothers High School. After high schoo...

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