Before displaying up a ‘For Sale’ sign outside your front door, be sure that you understand the housing market. If you are considering selling, and selling at an optimal price in the current volatile property market, then preparation is essential. Selling a property can turn out to be a very complex and specialized process. It is not for amateur and unreliable seller! If you are thinking about selling your home in Portugal, here are some of the top considerations to keep in mind.
Keep in mind that the return on investment on home improvements is mostly lower than 100%. Although a remodel definitely adds value, it is a lot like buying a new car that depreciates in value as soon as you drive it off the dealer’s lot. Thus, while it is recommended making small upgrades like replacing the kitchen sink faucet or updating an old water heater, we do not recommend doing any major remodels. If you have an extremely dated kitchen or bathroom, it is possible that you will earn more by just discounting the asking price.
8 Lessons Learned: Sales
Repair and Clean
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Execute any slight repairs necessary such as holes in walls, broken door knobs, smashed tiles, torn or frayed carpets. Many buyers want to move in without making a lot of changes, so keep this in mind. Clean everything till it gleams. Make sure that there are no limescale, clean and repair tile grout, wax wooden floors, make sure there are no bad scents, break out some fresh towels. This will ensure that the place is more charming and will allow viewers to see themselves living there. Tidy up the garden: cut bushes back, dispose lichen and dirt from the patio and furniture, and cut the grass. Despite the fact that this does not add a lot of value to your house, it makes it easier to sell because buyers can see themselves using the garden.
Find a Real Estate Agent
The perfect agent can help you in selling your existing home quickly. The wrong agent can foul up the transaction, leaving you at a disadvantage financially and nowhere to call home. Despite the high stakes, many buyers and sellers do not take the time to carefully select an agent, whether they’re buying or selling. Real estate agents are a essential part of the selling process, and can offer you helpful insights and experience. They also help you prevent of the stress from the process – helping you concentrate on the more vital things. Check out 2 or 3 real estate agents; do not hire the one who guarantees the highest price.