Expert tips for sellers

IDEAS: SMALL THING CAN MAKE A BIG DIFFERENCE WHEN YOU SELL

How to create a good first impression without cutting your profit too much.

Creating a good first impression is easier than you might think.

You really don’t have to break the bank to make your home more marketable. When preparing a property for sale it so often happens that home owners make the mistake of overinvesting in costly home improvements to make their homes more ‘sellable’.

Although maintaining and improving your home regularly is always wise, spending large amounts of money on upgrades does tend to lower your potential profit margin without necessarily adding to the selling price, cautions Richard Smith, assistant manager of Pam Golding Properties’ Hyde Park office.

“Any home improvements that are undertaken with a view to improve the value of your home should therefore be undertaken only after careful consideration and planning,” adds Smith. “Fortunately, however, there is much you can do to prepare your home for sale which will improve your chances of making that sale and not all of it involves spending money.

“An impression of freshness, spaciousness and a welcoming feeling is what you want to create for possible buyers viewing your home. After all, it is often the small details that count the most,” advises Smith. “You can greatly increase the chances of a sale by focusing on small improvements.”

Spending large amounts of money on upgrades does tend to lower your potential profit margin without necessarily adding to the selling price

Richard Smith

Assistant manager of Pam Golding