Selling your home: saving and making money

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discount autocad lt Selling Your Home – Our Guide to Saving and Making Money

Selling your home

With ‘For Sale’ signs becoming a much more regular sight the country-over and with the housing market looking to improve, there is likely to be a lot of competition when it comes to selling your home. Truthfully, if you’re looking to sell then you may have to be prepared to improve the appearance of your home, in order to make it more desirable to prospective buyers.

If your rainy day-fund is not as looking as healthy as you wish it was, then the prospect of spending to sell may not be as enticing as it could be. Luckily, there are ways that you can save money when selling your home, which don’t involve a drastic drain on your bank balance, and as scary as some of them may be, they could potentially allow you to invest the money you need into improving the desirability and value of your home.

 

 

A Lick of Paint Goes a Long Way

If you have the capital, then forking out for an extension, even something as small as adding a conservatory to your home can vastly improve the value of your house. Fortunately, if you don’t have an emergency pot of money saved up, then making even the smallest of changes, such as touching up the paintwork or spending the odd weekend adding plants to your garden are a positive step.

Remember to opt for a neutral colour scheme if you choose to touch up your paintwork, as much as you might love that feature wall, the colours may not suit everyone. By painting the walls white, it will allow people to imagine the changes they could implement, to make this their home.

It’s important to make the house desirable to all senses, add flowers around your home, or plug in air fresheners to mask those nasty paint fumes once you’re done.

 

 

Private Sales or Estate Agent?

You could go down the route of avoiding the traditional method of selling your home via a pricey estate agent, which means you will also avoid their notoriously high fees, by opting to go down the private route of selling your home. This no-frills means of selling your property means that you avoid all of the expensive add-ons the high street sneak in.

By organising your own viewings, photographs and the like, you could save yourself thousands, as these companies don’t take such a hefty chunk of your final sale price. If you don’t fancy going down the private route, then it is worth using tools such as this calculator from The House Network, which will allow you to see just how much an estate agent could save you compared to other estate agents.

Tools like this are such an easy way of finding comparing savings, to find out just who is offering you the best option and only takes a few seconds to fill in. You will also be able to see what your savings will be in each of their different packages too – it’s always nice to have options.

These are just a few ideas to try help save and make money when it comes to selling your home, but there are plenty of other ideas out there too. It’s about finding out what works for you.

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6 thoughts on “Selling your home: saving and making money

  1. I’ve thought about trying to sell my home on my own. I find that realtor fees are way to high for the service I provide. I have never come across a realtor that didn’t just bring me to the open houses I found and pushed the paper work along. I’ve even hosted my own open houses because my selling realtor sucked….. There really needs to be a smoother way for people to sell their own houses with half of the fees and the seller does a little bit of the leg work themselves.
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  2. The first impression that creates in the mind of buyers is the outlook of your home. The more it looks clean & beautiful, there is more chance you get can a good price for your home. On the other part, I personally prefer private selling over estate agent. You can post your add on different home selling sites and social medias and in this way you can reach to a large number of audience. On the other hand the agents will introduce you to a limited number of buyers and try to play trick by demanding a huge amount from both the parties and that may hamper the deal.

  3. We have a property on the market which we have owned for 9yrs, during that time it has been rented for it approximately 4yrs, during the remaining 5yrs it has undergone extensive refurbishment including an extension to add an extra bedroom, and a conservatory. I have no income whatsoever and my Husband receives his state pension and disability benefits these are our only income. The expected profit on the house will be between £70-80,000. Could you advise us on the liability for capital gains tax?

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