Real Estate Investing Basics

Selling Points: Setting a Home Apart

Expertise:
10 Articles Written
Trying to attract potential buyers for your investment property? Especially in a struggling market, you should do everything you can to set your home apart from all the rest. Consider these most-wanted features: Upgrades – Anything that has been recently updated, whether it’s the flooring, landscaping or appliances, will add value to the home while [...] View the full article: Selling Points: Setting a Home Apart on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.

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    Steven Boorstein
    Replied over 11 years ago
    Some of the highest return on value improvements you can make are: kitchen upgrade, bathroom addition or makeover, addition of a family room or office, mastersuite concept, deck or paver patio, basement finishing, windows, and wood flooring. In any case, watch how much you spend. You might be able to increase the value of the home or make it more saleable, but there is a limit as to how much more price you can get. As a guide, take a look at what the highest price home in your neighborhood recently sold for and compare your property to that one. Then make sure that your cost of improvement doesn’t squeeze out your profits. Steven Boorstein Landlord Business Insider
    Tim foster
    Replied over 11 years ago
    I would suggest that you go on your Internet browser and search for “for sale by owner” type sites in your area. Use Yahoo or Google.It is a hard question to answer because most For Sale By Owner sites are local and the ones that are operating where I live might not be functional where you live. Being a REALTOR I would not think that you would be more successful going this route than having it listed but I can emphasize with your situation. The one way it might work is if you discounted the price of your home by the commission amount thereby putting the home in a totally different price bracket. Hopefully your home will sell soon and you can move on with your life…
    FSBOJane
    Replied over 11 years ago
    Tim, I’m not sure where the confusion came, but I’m not selling *my* home. I have worked with sellers for years, however, and I’m 100% convinced, dedicated, and passionate about the “for sale by owner” way. I can empathize with your situation, being a REALTOR, but you have given not one reason for choosing an agent over the by-owner route. Why would a seller knock down a price ONLY because it’s not with a realtor? The house is exactly the same. Would the buyer be getting something less? NO. That’s why selling on your own is so profitable: you sell a property and pocket the commission.
    jansen
    Replied about 10 years ago
    For me,upgrades are very important and you must be always up to date on your home interior designs. Also another important thing is the fireplace,you may want to invest much money to it so you can have the best fireplace and because usually this is the place that you want to hang out always specially if it is very cold.You can check the New Tampa Homes for Sale and see their designs