Before the dust settles – Ways to get extra dollars on your home sale
When you put your Mount Isa home up for sale, you’re competing with all the other properties on the market. It’s crucial to make your property stand out so you can generate the maximum potential buyer interest and get the best price. Here’s how you can do that.
Tip 1: Do any repairs and maintenance work before you put your property up for sale
This includes:
- thoroughly cleaning your home.
- doing any necessary yard maintenance work.
- fixing any plumbing issues (like leaking taps).
- clearing gutters.
- giving the interior or exterior of your home (or both) a fresh coat of paint.
You don’t want any issues to crop up during a building inspection that could give your buyer a reason to try and negotiate a lower price.
Tip 2: Consider pre-sale renovation work to give you maximum bang for your buck
Minor kitchen and bathroom renovations can add plenty of value to your home. They can also be expensive, so make sure you set yourself a budget. Get any renovation work done before you list your property so that you can advertise it as a feature.
You could also consider some landscaping work in your front yard to enhance the street appeal of your home.
Tip 3: Hire an experienced local agent
An experienced local agent will understand what Mount Isa home buyers are looking for. This includes both owner-occupiers and investors. They will know the current market conditions and be able to advise you on selling strategies to get the best possible price for your home.
Tip 4: List your home at the right price
The right price is not too low, and not too high. If you price your home too low, you’re obviously missing out on potential dollars.
But if you price your home too high, then you risk scaring potential buyers off. It could also result in your home taking much longer to sell, which can reduce the eventual selling price you get. The longer a property stays on the market, the more ‘stale’ it gets. Potential buyers start to wonder what’s wrong with it.
An experienced local agent will be able to advise you on the right listing price to generate maximum potential buyer interest. The more interest you have in your home, the more likely you will get top dollar.
Tip 5: Presentation, presentation, presentation
There’s an old saying that the three most important factors in real estate are ‘location, location and location’. When it comes to selling Mount Isa homes for top dollar, you could just as easily say ‘presentation, presentation and presentation’.
Make sure you present your home in the best possible light for both in-person and online inspections. The potential buyers for your property could be locals or investors from out of town. Always remember another old saying – ‘you don’t get a second chance to make a first impression’.
Presenting your home well includes:
- using professional photography to highlight its key features in your online listing.
- making sure that your home is neat, tidy and decluttered (both internally and externally).
Tip 6: Be prepared to negotiate
If you’ve listed your home at the right price, you don’t have to accept low-ball offers. Once again, an experienced local real estate agent will be able to negotiate the best possible selling price on your behalf.
About Us
Jays Real Estate has been Mount Isa’s premier residential and commercial real estate agency since 1981.
If you’re thinking about leasing, renting, selling or buying any Mount Isa property, or you need your property managed, contact our team today for an obligation-free chat!
We’d be happy to provide you with advice and to answer any questions you have.