Selling a home can be a complex process that requires an extensive support network to accomplish the transaction successfully. While it’s possible to gather information and start a market search for motivated buyers on your own, it’s a huge advantage to have the help of a qualified real estate team on your side from day one.
But what kind of effort goes into a luxury real estate sale? How can you ensure that you’re receiving the top offers? Come along with us as we discuss the key home-selling tips that an experienced real estate expert can bring to the table. Let’s get started.
Make high ROI home improvements
However, not all home improvement projects will bring the same return on investment. You want to spend your money wisely on upgrades that will catch the eye of buyers and help make your property stand out from the competition. Currently, the kitchen and bathrooms are the best areas of the room to invest in renovations. Installing custom cabinets, a fresh marble countertop, or a rain shower can draw in more buyers and raise the home’s list price before the first offer even comes in.
Don’t forget curb appeal
Ensure that the driveway, road, and sidewalk surrounding the house have been power-washed and that no excess tools or objects are cluttering the front yard. Fertilize the grass for at least two weeks before welcoming visitors and trim errant tree limbs. Consider repainting the front door and placing stylish urns and greenery around the entryway to create a visually pleasing border. Put a new layer of mulch around the trees and hedges and plant annuals around the front windows to give a sense of contrast to the facade.
Invest in pro listing photos and video
Consider hiring a team of expert photographers to tour the house. Stand out from the crowd by investing in drone video of the surrounding lot and a 360-degree virtual tour of the interior to maximize the visual impact you make on interested buyers. Another tip is to avoid photographing every single inch of the house and posting it all online before you have the chance to meet with buyers in person. There’s something to be said about cultivating a slight air of mystery about the property that will attract interested parties to learn more about the house on their own.
Go all the way with home staging
These experts will have all the know-how necessary to organize your rooms fashionably and prepare the light and negative space so photographers can work with a beautiful canvas. Make sure you don’t forget about staging the surrounding landscape and backyard, especially if you have a lot of high-end features like a pool, deck, and outdoor seating to show off.
Do the research when setting the asking price
Of course, the trends in home sale prices in your area will also have a big impact. Make sure your realtor keeps you informed so that your initial asking price is competitive but low enough to encourage buyers to make offers that set off a bidding war. On the other hand, be certain that your asking price isn’t too low. Otherwise, you could find yourself negotiating with buyers who aren’t motivated to increase their offer under the pressure of other buyers.