Property experts will use all the tricks in the book to eke out as much value from their properties as possible. Some of these ideas will be months in the making, usually revolving around improving the property in some way, shape or form. However, other ideas tend to happen just when a house is being put on the market. When a pro is ready to sell, they will implement a few sneaky tricks that will increase the resale value of their property and increase their profits.
What do they do? Read on to find out…
Carry out general maintenance
Before taking photos of their properties, real estate experts will carry out some general maintenance tasks. This includes things like garden clearance, cleaning the home from top to bottom, gutter cleaning, boiler servicing, etc. Carrying out these simple maintenance tasks will make the home look considerably better, attracting more buyers. Thus, when the bids come in, they are likely to be a lot higher than if these tasks weren’t completed.
Take professional photos
Speaking of photos, they play a crucial role in determining what a house sells for. Why? Because the photos are what draw people in. Poor photos will mean nobody even clicks on your house listing, so you get hardly any attention. A lack of attention is bad as you can’t play buyers against one another. Taking professional property photos will ensure that every corner of your home looks amazing. The photos also highlight the best parts, encouraging people to contact you. This leads to many enquiries, with many possible buyers, so there’s a chance a bidding war can ensue and drive the price up.
Make the home look minimalist
A house that is packed full of furniture and clutter will not be very attractive to buyers. Some people could still be interested, but it’s hard for someone to imagine living in a home that’s full of someone else’s stuff. So, property experts will remove everything from a home and leave it as bare as possible. Sometimes, they may have basic furniture in rooms to give buyers an idea of what can go where. But, the minimalist layout makes it easier for people to walk around the home and imagine what they’d do with it. Plus, it gives the illusion of extra space, which people love.
List the property at the right time
It’s unwise to list your house on the market when we’re in a buyer’s market. Instead, you want to list it when there’s a seller’s market, meaning there are lots of people interested in buying homes, but hardly any up for sale. It puts the ball in your court and lets you list your home for more money. Property experts do this all the time, which is why they’re so rich! Likewise, choosing when you sell a home throughout the year is important. Selling in the winter is normally a bad idea as people don’t tend to look for homes towards the end of the year. Instead, listing a property in spring/summer will yield the best results.
The property pros will use these tricks all the time to slightly raise the value of their properties when trying to sell. Do this alongside any other home improvements and you will earn big profits.
(Disclaimer: This content is a partnered post. This material is provided as news and general information. It should not be construed as an endorsement of any investment service. The opinions expressed are the personal views and experience of the author, and no recommendation is made.)
