Is it time to sell your Glendora home? Selling property is an excellent opportunity to put some money in your pocket. But you have to remember that selling your home is an expensive task. You have to pay real estate agent commissions, hire professional cleaners and stagers, pay closing costs, and cover several other expenses.
However, there are ways to earn more money with a home sale! By planning ahead and using innovative strategies, you can lower the overall expenses and walk away with more cash in hand. Here are some money-saving tips to help you during your home sale.
Leverage the Market to Your Advantage
If your home is in a seller’s market, you could get a higher price than expected. There is a vast shortage of inventory in a seller’s market. Home sellers have the upper hand, and you can expect multiple offers from buyers to drive up the price.
Time It Right
The time of listing has a significant impact on how long you’ll have to wait to sell it and the final price you get on your home. Early spring is the best time to list a home. Homes listed during spring are historically sold faster and for higher prices.
Skip the Real Estate Agent
One of the most significant expenses while selling a home is the real estate agent commissions. Typically, agent commissions cost around 5% to 6% of the selling price, which can run to tens of thousands of dollars depending on your final offer. You can avoid this expense by skipping the traditional route of selling and going with cash buyers.
Cash buyers purchase your home for cash and handle all the expenses, including closing costs. You don’t have to pay any additional fees or commissions, leaving you with more money in your pocket. Reach out to trusted cash home buyers in Glendora to get free cash offers on your home. Compare the offers and choose the buyer who offers you the best deal and saves realtor commissions.
Make the Right Upgrades
When it’s time to sell your home, you might be tempted to do a top-down overhaul. However, make sure to discuss your planned upgrades with an appraiser. Not all home upgrades are worth it, and some expensive upgrades may not fetch you good returns.
For example, the average kitchen remodel costs around $25,000. But studies estimate that adding a new kitchen adds only around $18,000 to your home’s resale value. Spending this much on the upgrade isn’t worth your money. Instead of time-consuming and expensive projects, you can go for simpler upgrades that deliver value, like adding a fresh coat of paint and redoing the landscaping.
Sell As-Is
If you don’t want to spend on repairs, you can sell your home as-is to cash buyers. At Diamond Home Buyers Inc., we buy houses in Glendora in any condition. We quickly inspect your home and provide you with a fair offer. If interested, we can complete the sale as soon as possible, helping you save thousands of dollars on repairs and upgrades.