By: Jerika P – i-Lead Realty Social Media Manager
When you decide to put your home on the market, there are immediate steps to take to make the process as smooth and successful as possible. One of the best pieces of advice you can receive when listing your home is to follow your realtor’s advice and make the necessary repairs and improvements.
This advice should be taken seriously for a few reasons.
Revealing any areas that need work
This gives prospective buyers additional bargaining power, as they could purchase the property for a lower price to cover the cost of making the repairs themselves. Allowing the buyers to take on the project and potentially cut corners could also result in shoddy repair jobs, which may result in complaints in the future. Having the work done before listing can also speed up the entire process, removing the need for buyers to negotiate for repairs.
Value
Making the necessary repairs and improvements also provides another, less obvious benefit. A home in good condition, free of issues, and updated according to modern standards is inherently more valuable and can fetch a higher price on the market. Buyers prefer to purchase more move-in-ready homes that don’t require a great deal of work; that is what you should be aiming for. Any time and money spent in preparing the house for sale is well worth it when you can bring in more money in return and potentially have a faster sale.
Second Opinion
When living in a home, everyone becomes comfortable and familiar with the normal wear and tear that occurs over time. They can often overlook minor flaws that potential buyers may find off-putting. You may not think of replacing light fixtures or adding fresh paint to the walls, but these minor repairs can make a difference and could be the factor that sells the home quickly. Get a second opinion from a trusted real estate professional to identify the repairs that should be made, no matter how large or small they may be.
If you are searching for a Real Estate Professional or would like to learn more, you can contact us here.
Not sure if you want or need to use a realtor? Here are 4 reasons why you should. Watch the video here