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10 Tips To Sell Your Home For More Money – Bankrate.com

Even in a seller’s market, where inventory is scarce and bidding wars are common, it still pays to invest some time and energy in positioning your home to sell for top dollar.

This effort can involve a variety of steps, from…….

Even in a seller’s market, where inventory is scarce and bidding wars are common, it still pays to invest some time and energy in positioning your home to sell for top dollar.

This effort can involve a variety of steps, from working with a real estate agent who truly understands the local market to spending some money on key renovations and improvements that will encourage buyers to pay a higher asking price.

Here are 10 tips for selling your home that Realtors say will separate you from the competition — and help you sell for more money.

1. Find a trusted real estate agent

Working with a skilled real estate agent who knows your local market inside and out can help you sell your home more quickly, and often, for more money. In fact, data from the National Association of Realtors shows that in 2021, homes listed without the assistance of a Realtor sold for a median price of $260,000, while those sold with one fetched a significantly higher median of $318,000. Interview several candidates before you commit to one agent — the better you get along, the smoother the process is likely to be.

2. Invest in value-adding improvements

Determining which home improvements to invest in can be daunting, and the costs can add up quickly. The key is spend your money on projects that will provide the most return on your investment. A garage door replacement, for instance, is the single most valuable investment when it comes to ROI, according to data from Remodeling magazine. The average return on a new garage door is just under 94 percent.

Minor kitchen upgrades are also a wise investment, says Realtor Jade Lee-Duffy of TXR Homes in San Diego, California. “The heart of the home is the kitchen, and many buyers will judge a property by its kitchen,” she says. “While a complete overhaul of this space can run into the tens of thousands, a minor update is where you can gain the greatest return. Think about resurfacing cabinets, replacing countertops, a fresh coat of paint or updating the fixtures and hardware.”

Updating a bathroom is another wise investment, says Katie Severance, a Realtor with Douglas Elliman in Palm Beach, Florida. “Renovated kitchens and baths are the ‘money rooms’ — those that add the most value to a home,” she says.

3. Up your curb appeal

Curb appeal should not be overlooked: As the saying goes, you don’t get a second chance to make a first impression. “Make sure your front yard is free of debris, the bushes are …….

Source: https://www.bankrate.com/real-estate/tips-for-selling-home/

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