5 Tips for Getting the Highest Possible Price for Your Home

5 Tips for Getting the Highest Possible Price for Your Home

  • 10/16/22
If you’re preparing to sell your home in Scottsdale, your real estate agent will be there with you every step of the way. Your agent will walk through your home and point out areas you may need to improve, highlight your home’s best features, and talk to you about setting a good sales price. But before you even call an agent, there are a few things you can do that may increase your home’s value so that when you do sell, you get the highest possible price. This guide explains.

5 Tips for Getting the Highest Possible Price for Your Home

Check out these tips for getting the highest possible price for your home in Scottsdale:
  1. Make all necessary repairs
  2. Consider minor upgrades, like fixtures
  3. Evaluate your appliances carefully
  4. Clean, declutter and stage your home
  5. Listen to your agent’s guidance on pricing
Here’s a closer look at each.

Tip #1 for Selling Your Home at Its Best Price: Make All Necessary Repairs

If there’s anything broken in your home – a cracked tile, a leaky faucet, or a peeling window sill – fix it before you put your house on the market. Potential buyers will be looking for flaws, and even small issues may signal to them that you haven’t properly cared for the home (even if you really have). Though you probably don’t need to hire a home inspector to tell you what’s wrong, it’s a good idea to walk through your home yourself and look for anything that may catch buyers’ eyes.
If anything major needs repairs, it’s essential that you make them. Otherwise, buyers will most likely use them to negotiate your price down.
Related: 15 of the best plants to use in home staging

Tip #2 for Selling Your Home at Its Best Price: Consider Minor Upgrades

While you don’t want to spend too much money on your home before selling, there are some minor upgrades that could really pay off. Replacing old fixtures, like door handles and light fixtures, can make a big difference in the overall look of your home. Giving your kitchen and bathrooms a good cleaning, or even painting them, can also help increase your home’s value. Your real estate agent will be able to give you more specific suggestions for minor upgrades that may help increase your home’s value.

Tip #3 for Selling Your Home at Its Best Price: Evaluate Your Appliances Carefully

If your home is more than a few years old, chances are that some of your appliances are outdated. Extremely old appliances can create a bad look; they can also signal to potential buyers that your home isn’t up-to-date. You may be able to get a better price for your home if you include newer, more energy-efficient appliances – but before you invest, you should talk to your real estate agent. There’s no use in spending money you don’t need to spend if it’s not going to affect your home’s sales price.
Related: 12 essential tips for downsizing your home

Tip #4 for Selling Your Home at Its Best Price: Clean, Declutter, and Stage Your Home

After you make all the necessary repairs and upgrades, it’s time to focus on making your home look its best. A good cleaning – both inside and out – is essential. Don’t forget to declutter, too; potential buyers want to be able to imagine their own belongings in your home, and it’s hard to do that when your stuff is everywhere. You may also want to consider hiring a professional stager who can help you arrange your furniture and decor in a way that makes your home look its best. If you need a referral to a good stager, ask your real estate agent; there’s a good chance they can link you up with someone they’ve worked with before (and who gets results).

Tip #5 for Selling Your Home at Its Best Price: Listen to Your Agent’s Guidance on Pricing

Once your home is in its best shape, it’s time to talk to your agent about pricing. Your agent will do a comparative market analysis (CMA), which takes a look at recent sales of similar homes in your area. This evaluation also looks at homes that were listed and withdrawn from the market, as well as homes that are currently listed for sale. Based on the CMA, your agent will have a good idea of how much your home is worth and can give you pricing guidance.
It’s important to listen to your agent’s advice when it comes to setting a price for your home. Your agent will be able to help you price your home according to what buyers are willing to pay for homes like yours right now.
Related: 5 designer touches that make homes irresistible to Buyers

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