How To Squeeze $20,000 or MORE Out of Your Real Estate With No Hassle!
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How To Squeeze $20,000 or MORE Out of Your Real Estate With No Hassle!
How To Squeeze $20,000 or MORE Out of Your Real Estate With No Hassle!
This KISS simple checklist will be a big help to you business' bottomline.
When your real estate home business is about to sell some of the property within its portfolio, you need to make an excellent impression on potential retail buyers. If you've been following our tips for your home business and have a real estate listing at a good price, make sure that you are getting as much value and money out of the real estate as possible.
One way to do this is to realize that many buyers make their decisions based on their first impression of the real estate listing.
By following a few insider secrets, your real estate listing could net more money for your home business than you dreamed possible. With your real estate home business, ensure your real estate listing gives the facts about each piece of real estate you're selling. At the same time, make the real estate listing as emotionally appealing to buyers as possible.
Make that yard inviting so your buyers can imagine how wonderful it would be to arrive home at this property each day. Emotional appeal will generate more money for your home business when you market every real estate listing correctly.
When you’re selling an average family property in your real estate home business, you can easily add $20,000 of value to your real estate listing with just a few basic steps. Sure you can hire someone for it.
But many of these things can be done by the average start-up do-it-yourselfer:
1) Paint the outside front of the property only. Make sure you get everything that can be seen from the street. You can easily go to the Home Depot and by something called “Ooops” paint, which is discounted paint that customers have returned because they've mixed the wrong color. This is simply the most inexpensive way to quickly turn your real estate into a successful.
2) Tidy up the yard. Mow all the grass on the property, trim any plants and trees, making the yard as inviting as possible. Remove any weeds that are growing in between paving stones or sidewalk cracks, and ensure that the areas where the yard of meets the curb, driveway, or walk way are immaculate. This will instantly make your real estate more appealing to those interested by the real estate listing.
3) Reseal the driveway with low-cost sealant. This costs under $50 but will make your real estate look great, so don't overlook this before placing your real estate listing. Your home business and bank account will thank you for it. As you’ve probably noticed, these minor touch ups would take you a weekend.
These repairs focus on everything a potential buyer would see before walking into the property. This is crucial.
Buyers already have an impression of a property from the real estate listing. If you want to generate sales with your real estate listing for your home business, you need to make sure that the buyer is in a receptive state before they walk into the property. This is accomplished by making the first impression as positive as possible.
This can literally increase the real estate value by $20,000 or more. The buyer gets a better feeling about the real estate listing, and your real estate home business makes more profit. Granted, these tips are not earth shattering. But too often when investors have a few deals going at the same time, these details are an unfortunate after thought, and they forget to address them.
I'd recommend printing off this checklist and keeping it handy, then implementing it as SOP (Standard Operating Procedure) within your set of business guidelines when you come to this stage with your properties.
Cheers,
Brad Wozny
Originally Posted: Apr 20, 2007 at 9:12 AM Last Updated: Apr 20, 2007 at 9:12 AM
-- Current Rating: 3 of 5 Click here for a printable version.
