Issue link: https://nest.uberflip.com/i/1318951
2 How fast are you looking to sell? If you need to sell your home immediately— say, because you have already committed to buying another home or need to move because of work—it is in your best interest to do everything in your power to ensure a quick sale at the highest price possible. If you have more flexibility, and you feel uncomfortable making too many pricey changes to your home before selling, it may make more sense to focus on cleaning, decluttering and making small cosmetic changes (like painting)—particularly if the market is hot and favors the seller. If you aren't getting the offers you would like, you can always decide to spring for a few bigger changes later and relist your home. New businesses such as Curbio help sellers with projects prior to listing. They bid, contract and oversee with no out of pocket expense to the seller. *Note home must appraise with ample equity in order for these businesses to collect funds at closing. They then do the work and put a lien on the property (as most contractors would) until they are paid in full, thus ensuring that they will collect at closing. 3 What is the condition of comparable homes on the market? It can be quite helpful to know a little about the homes that buyers in your area are looking at. Examine photos of homes for sale in your area or even attend a few open houses, and make a mental note of how the other homes compare to yours. Are the kitchens updated? Are the floors in good shape? If all of the other homes you see have a certain feature (for instance, an updated kitchen) that yours lacks, consider making that a priority. You don't need to make your home exactly like all the other homes on the market; just make sure there isn't a single factor that could give your home a disadvantage. Every year, sellers around the nation forfeit $28 billion dollars by selling inexpensive to investors, wholesalers, and flippers. A good amount of sellers are apprehensive to renovate due to the idea that overall costs and hassle will exceed the benefits of the venture. This is far from the truth. Foregoing presale renovation has its downsides, including: • Less bargaining power and more days on the market • A higher probability of a deal- breaking inspection • Lower sales price • Low offers from flippers