1. Price it right
It’s clear that timing plays a role in how quickly you will sell your home. Some months are just better than others for speed and price. But in Nevada, the timing issue is not as big a factor as some states.
While sales slow down in January, the difference between that month and the fast month, August, is less than three weeks. The price differential is more significant.
I will sell your home at the optimal price no matter when you list it. I understand seasonal trends and have up-to-date statistics on specific neighborhoods here in the Las Vegas Valley.
This will allow to find the best sale price for your home, one that gives you an excellent return but also does not scare off good potential buyers.
2. Make repairs
It’s difficult deciding what repairs to make and which renovations to ignore. Most sellers feel that since they are moving out of the sale property, upgrades make little sense considering their cost.
But that’s not the best way to look at things. Think of the cost of repairs or renovations as an investment that will bring you a greater return when you make the sale. They can also help sell your home faster.
3. Don’t skimp on important renovations
What you need to keep in mind that repairs don’t have to cost tens-of-thousands of dollars. A good paint job on the interior and exterior of an older home can do wonders for attracting offers.
A renovated kitchen can increase your price by $15,000 or more. And polished floors or cleaned carpets go a long way to clinching the sale.
A good realtor will be able to guide you when it comes to the improvements you should consider. You don’t have to make every repair, but remember that if you leave repairs to potential buyers, you may lose some bids or offers may not be as high.
4. Stage, market, and list your home to attract qualified buyers
A modern looking or stylishly furnished home with tasteful décor can make all the difference in the bids sellers get for their home and the amount of the offers. That’s where staging comes in.
Staging is when you rent updated furniture and lighting to make your home appealing to your ideal buyer. It can cost between $1,200 and $2,000, but think of it is an investment that will pay off with a much bigger sales price. Empty homes sell for less than furnished homes.
5. Negotiate with buyers to get the best possible price
If you’re considering selling your home in Las Vegas, you need someone on your side who is a top negotiator. They must know the art of the deal and the science and statistics behind getting what you are asking for. Otherwise, you could lose tens-of-thousands of dollars when you sell your home. Or you may pass up excellent offers to only see your home stay on the market month after month.
Most home buyers will work with a buyer’s agent. That’s because they are not used to negotiating deals, so they go to someone with expertise. You need someone better on your side.