Selling Your House? Here Are Some Quick Frugal Tips To Get It Ready To List | Mad Money Monster (2024)

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Whether you’re getting ready to sell or rent your current house, we have some low-cost quick fixes that will make sure it shines when that first potential buyer or renter comes knocking.

A few years ago when we were under contract to buy a house we couldn’t comfortably afford, we were gearing up to rent our current home. Even though we were planning on renting out our house, we were still getting it ready – the same as we would if we were planning to sell it. Therefore, this post holds true for those gearing up for the upcoming house selling season.

Ever hear offirst impressions? They hold true for houses, too. A potential buyer will make up their mind about the state of your home before they even set one foot inside the front door.

Last year when we were getting our house ready to rent, we made sure everything outside looked good and was in working order. I had noticed that there was a painted trim piece of wood around the garage that had started to chip. One day, we got out the ladder, a piece of sandpaper, and some touch-up paint. Within an hour, it looked like the day we bought it.

I had also noticed that there were some spots of our fence where the stain had started to wear off. Thankfully, I was resourceful enough to keep the leftover stain from the initial staining of the fence. We were able to take a paintbrush and spot-stain the areas where we could see some wear. Voila, after another hour, the fence looked good as new.

As you can see, these things typically don’t take too long as long as you have kept up the major maintenance on your home throughout the years.

Little things you’ll want to do:

-All outdoor light fixtures are in working order

-Weed the gardens

-Cut and trim the lawn

-Driveway and sidewalks clear of debris

-All trash cans and bags are out of sight

Related:How I Almost Committed Financial Suicide

Speaking of the front door – make sure the actual entrance is clean, appealing, and makes someone want to turn the knob. The porch area should be free of debris, plants shouldn’t be wilting, and the paint shouldn’t be peeling. These are all quick fixes that anyone can make on a budget to enhance the appeal of their home.

One of the best bangs for your hard-earned buck is paint. The front door is no exception. Stand back and take it in. Is your front door the right color? Is it inviting? Does it work with the rest of the exterior of your home? If not, change it. For the cost of a can of paint, you can transform the focal point of your home and completely change someone’s attitude about yourproperty. It could literally be the difference between a sale or not. Last but not least, add some new hardware. If you can’t afford new hardware, shine up the hardware you already have. Appearance is everything.

Related:Why We Love Being At Home

You’ll want to make sure that all themechanicals of your home have been maintained and are working properly. You don’t want someone hitting the garage door button and nothing happening, or worse, turning on a light switch that doesn’t work.

If possible, you’ll want to make sure you have some documents proving recent maintenance for the big stuff, like the HVAC system.

Selling Your House? Here Are Some Quick Frugal Tips To Get It Ready To List | Mad Money Monster (2)

This is an easy one. Just like you want to make sure the exterior of your home, lawn, and gardens are in tip-top shape, you want to make sure the interior has the same maintained look. Got lots of stuff on your kitchen counters? Clearing that out will showcase the amount of counter space there is and allow home buyers to envision their own custom stamp. Do you have a playroom or office that is bursting at the seams? Again, clean it up and organize things into boxes and bins. The more organized and clutter-free you can make your house feel, the more maintained it feels to a buyer and the easier it is for them to imaginetheir family living in the same space.

Fortunately for us, we’re frugal minimalists, so we didn’t have too much clutter to clear, with the exception of the basem*nt. The basem*nt was our dirty little secret. This is what it looked like before we threw almost everything away and transformed it into our family room. Did I mention we never actually moved? We’re getting to that.

Related:We Made Our Dream Home A Reality

Don’t forget the little general maintenance tasks you can do to make sure your home is in great shape. Things like replacing missing shingles on the roof, wiping down windows and sills, cleaning out gutters and window wells, caulking around windows, power washing decks and siding, and checking for cracks in the foundation – these are all things that can be done over a weekend or two with minimal expense but will greatly improve the overall appearance of your home. But if you feel that the maintenance is too much for you to handle, it’s always a great idea to call in the pros who specialize in this type of work. For example, if you have a mobile home, you can call Top Notch Mobile Home Services to make sure everything is running smoothly before it goes on the market.

If you’re unsure about how to stage your home to sell, just check out a few episodes of any show on HGTV. Before quitting cable, I think I watched every episode of every show they ever aired. However, that level of obsession is not required to stage your home to sell! All you need are a few key pieces that will set your house apart from the pack.

If HGTV isn’t helping and you’re still unsure of what to do,check online or go in person to higher-priced homes in your area to see how they’re being staged. And then, copy it.

Have an interesting pillow? Make it a centerpiece in the family room. Have a custom table? Make sure potential buyers can’t help but to see it. Roll towels up in the bathroom and drape throw blankets over the end of beds – this gives your homea retreat/spa feel that will be sure to make people feel like they are in a special space.

If you’re feeling really ambitious and you have a few bucks, you could consider updating some fixtures. Matching light switches and plates, updated lighting, or newfaucet fixtures can bring a home into the modern age overnight. And if you install these things yourself, it’s a huge savings. We did all of the above with the help of YouTube. 🙂

This might seem obvious but it still warrants a mention. Above of else, if you have no extra money to paint a wallor upgrade a single fixture, Clean Your House. Shampoo the carpets, dust the furniture, make sure everything is in its place. If a potential buyer walks in and feels as if there has been pride in ownership, they will not question whether or not the home has been maintained otherwise.

Ultimately, we decided to cancel our contract to purchase that big house in order to focus our effortson building wealth rather than keeping up with The Joneses. We’re currently living happily ever after in the house we already had. So much for all that prep work we did, but hey, it made our house look fantastic in a matter of a few hours!

Are you planning on selling your house? Or have you recently sold a house? Do you have tips on getting it ready to list? If so, we’d love to hear them in the comments section.

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Selling Your House? Here Are Some Quick Frugal Tips To Get It Ready To List | Mad Money Monster (2024)

FAQs

What is the best strategy for selling a house? ›

10 tips to sell your home for more money
  • Find a trusted real estate agent.
  • Invest in value-adding improvements.
  • Up your curb appeal.
  • Get a pre-listing inspection.
  • Highlight with pro photos.
  • Stage your home.
  • Set the right asking price.
  • Remove personal items.
Apr 10, 2024

How should I prepare my home to sell? ›

How to prepare your house for sale
  1. Identify repairs and make a plan.
  2. Declutter and clean—make it feel spacious.
  3. Depersonalize your home.
  4. Paint where it needs it most.
  5. Set the stage—make it feel like home.
  6. Keep it clean and consistent.
  7. Takeaways.
  8. Home showings checklist.
Mar 9, 2020

What is the first thing that people wishing to sell their house should do? ›

Clean the whole house, remove clutter, and hide personal items so buyers can picture themselves in the space. Boost the curb appeal to make the right first impression. Clear away the cobwebs, paint the front door, and plant flowers.

How do sellers get their money? ›

A seller typically receives their money from the home sale 24 – 48 hours after closing. This timeline can be different depending on your state and whether the seller chooses to receive their money by cashier's check or wire transfer.

What is the secret to a fast sale of a property? ›

Price to Sell. We've said it before, and we'll say it a thousand more times: Price your house to sell. Even the price is part of the buyer's perception, and your real estate agent will help with this too. Setting a realistic and competitive asking price is one of the best ways to sell your house fast.

What brings good luck when selling a house? ›

Joseph Statue The St. Joe's statue ranks as one of the most pervasive real estate good luck charms. Legend has it that burying a small statue of the patron saint of carpenters upside down in the lawn or garden of the home—while also saying a daily prayer— will help sellers move their home quickly and at a good price.

How do you make an empty house look good to sell? ›

Things that you'll want to focus on include your landscaping, the quality and color of your front door and exterior paint or siding, and your lighting design. Done well, curb appeal should be enough to get people out to your home, and from there it's just a matter of showing off the potential of the interior space.

How do you survive selling a house? ›

The best way to sell a house comes down to a few basics:
  1. Keep your emotions in check and stay focused on the business aspect.
  2. Hire an agent. ...
  3. Set a reasonable price.
  4. Keep the time of year in mind and avoid the winter months if possible.
  5. Prepare for the sale.

How do you make money when you sell your house? ›

You must subtract mortgage payoff, prep costs, agent commission, closing costs, and all other fees from the sale price to get your net proceeds. Then, you have to do the extra math of subtracting the home's purchase price and any upgrades or improvements done to the home in order to get your true profit.

What is usually paid by the seller of a home? ›

For a $786,938 home — the median value in California — you'd pay around $21,277. Typical seller closing costs in California include the title and closing service fees, owner's title insurance policy, real estate transfer tax, and recording fees on the closing date.

How long after closing can you back out? ›

Rescinding a mortgage after closing

Unlike buying a home, a buyer who has received bank financing for their purchase has 3 days after the house closes to rescind the financing and reject the mortgage.

What is the best option to sell a house? ›

Here are 4 ways you can sell your house quickly in California:
  • List on MLS. ...
  • Sell to a “We Buy Houses for Cash” Company. ...
  • List With a Realtor. ...
  • Sell For Sale By Owner. ...
  • Pick the Right Time to Sell. ...
  • Hire a Professional Home Stager. ...
  • Improve Curb Appeal. ...
  • Offer to Pay Repair Costs.

What's the best strategy for pricing a home? ›

How to Price Your Home to Attract the Highest Offers
  • Price your home competitively. ...
  • Use strategic price points. ...
  • Consider value range marketing. ...
  • Hire an experienced listing agent. ...
  • Encourage two-way critiques. ...
  • Offer incentives & prepaids. ...
  • Use a pre-appraisal and pre-inspections. ...
  • Learn to fail fast.

What are the best numbers to use when selling a house? ›

What numbers are best for pricing real estate? When it comes to the last digit of your home's listing price, choosing a 7, 8, or 9 can be a solid strategy for a variety of reasons — especially if you can match the numerals in your listing price to where you live.

How much do sellers usually come down on a house? ›

The amount you may want to reduce your home's asking price depends on many factors, including the median price in your area, what comparable homes nearby are selling for and the length of time the home has been on the market. According to a Zillow study, the average price cut is 2.9 percent of the list price.

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