How Can You Sell Your Property for Maximum Profit?

Your property is an asset that you’ve paid years of repayments for. It’s only natural to want to get the most out of your investment so you can move into a property that has all of the amenities you’re looking for.

Here are several strategies that can help you maximize your property’s value:


Stay Patient No Matter What

When it comes to getting the most for your home, holding power is everything. If you’re patient enough to hold out for the best offer, you’re in a powerful position to get the price you want. Unfortunately, if you’re in a rush to sell, you’ll have to take the first offer that comes your way.

If you’re in a situation where you’re not rushing, but don’t have a lot of time to sell, set a timetable and sell to the buyer who gave you the best offer once time is up.


Make Necessary Home Improvements

If you’re planning on selling your home in 2 – 3 years, now’s the time to start making home improvements. Yes, it’s an expense, but there are some home improvements with a payoff higher than the initial cost.

These home improvements include:

  • Hanging mirrors that visually widen hallways and brighten rooms
  • Repositioning furniture away from windows for a more spacious look
  • Polishing wood and marble surfaces
  • Smoothing or replacing curled wallpaper or vinyl flooring
  • Replacing cracked or stained showerheads, faucets, or other fixtures


Don’t Just Listen to One Property Agent

You should never listen to the first property you meet. If the property agent happens to be your friend, you must not let it interfere with business. Even if a property agent has the best intentions, no one has perfect knowledge of the property market.

You’ll need to meet with at least 3 – 4 property agents to get a feel for the right asking price.


Always Be Hands On

An agent can handle the selling of your home, but you should always be involved. Attend every showing and always take action on buyer comments. For example, if you hear comments that it’s too hot during noontime, consider purchasing some good blinds.

On the other hand, if you find good feedback and see an increasing number of buyers viewing your home, you’ll know to raise your selling price. Don’t assume your property agent will raise the price, as more expensive homes inconveniently take more time for them to sell.


Always Work With Your Property Agent

You should always be on the same page as your property agent. That’s because a serious buyer will speak to both of you to discover your home’s true condition. If you and your agent happen to give the buyer conflicting stories, you can bet you’ll lose the sale as a result.

So make sure you coordinate with your property agent on every question a potential buyer may ask. Rehearse with your agent before meeting with buyers so you can give them consistent answers.