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How to Make Great Profits from Your Home Resale

Couple smiling for the camera with a house behind

If you are looking to sell your home and get the most money from it, consider the factors involved in the process. Read our Home Sellers Guide to help you get the most out of your property when you find yourself thinking, “It’s time to sell my house.”

  1. Be smart about the price

    Get your home appraised to see what it’s worth on the Orange County real estate market. You might be tempted to jack up the price – because you think it’s worth so much more or, more to the point, your emotional attachment to the house may be clouding your objectivity.

    You may also think of hiking the price and then negotiating offers that fall below your list price. Unfortunately, that’s not always the best approach. You actually stand to gain more by putting the property on the market for close to the actual value because buyers filter homes by price range. Even if they can afford your home, they won’t even know it exists because it is “outside” of their price range.

  2. Make a great first impression online

    With around 83% of buyers going online to search for properties, your prospects will take a close look at the pictures of your home first before they make an appointment to see your place in person.

    If you’re wondering, “How do I sell my house fast while still making a profit?” then the answer is to make a great first impression online. Hire a professional real estate photographer to capture the best angles of your home enough to make buyers pause from scrolling. They can make the home look its best. The better the home looks on the internet, the more people you’ll have coming over to take a closer look at it, the more opportunities you’ll have of negotiating a deal that will yield the best profit.

  3. Stage the home

    Make sure to stage your home before you have someone photograph it. Get rid of clutter. Move furniture around to make the room appear larger or capture its best features. Consider hiring professional landscapers and cleaners to spruce things up so your home looks good as new. Also, take a moment to remove personal memorabilia, like family photos. You want potential buyers to envision themselves and their family living there, not have them speculating about your life based on the stuff that they see in your home.

  4. Be careful about renovating

    It’s tempting to renovate the house to boost its value and appeal. Be careful going down this route, though. If the renovation doesn’t provide more than a simple dollar-for-dollar value then it isn’t worth it. Invest your money in remodels you know you can recoup the cost of when you sell your home. You don’t want to waste thousands of dollars improving your home only to find out that it doesn’t matter in the end.

    The Top 5 renovation projects with the highest ROI according to the national averages of the 2020 Cost vs. Value Report are:

    • Manufactured Stone Veneer – 95.6% ROI
    • Garage Door Replacement – 94.5% ROI
    • Minor Kitchen Remodel (Midrange) – 77.6% ROI
    • Siding Replacement (Fiber-Cement) – 77.6% ROI
    • Siding Replacement (Vinyl) – 74.7% ROI

    The key is to focus on smaller changes that boost overall aesthetic and value. Additional tips: Give buyers a lot of natural light. Repaint walls in a neutral color, or spruce up the exterior of the home. These changes make it easier for buyers to see what they could do with the property.

  5. Hire a good agent

    There is absolutely no substitute for having the right real estate agent on your side. They understand the market well and can properly assess your home. They can also help you stay objective and steer you away from making decisions based on your emotional attachment to the house.

Sell your house at the best price with the Echelberger Real Estate Group

If you want to sell your home in San Clemente, CA or in Orange County at the best possible price, the Echelberger Real Estate Group is your best choice.

Our association with Pacific Sotheby’s International Realty and
expert local knowledge and connections have served our clients well. We have a track record of stellar performance – see what our clients have to say here.

We welcome the opportunity to work with you and to help you achieve your goals! Call 949.498.7711 or email info(at)echelberger(dotted)com to get started.