Lots of people who are preparing to sell their homes know the importance of making the residence look its best, and that can include renovating any areas that may be below par. Unfortunately, there's a bit of a misconception that whatever money you put into your house before it sells will come back to you once the residence sells. While it's true that remodeling old or worn-out areas can be beneficial, you shouldn't just dive into improving your home without some careful consideration first. Any time you're dealing with homes with land for sale, here are three reasons to discuss any planned renovations with your real estate agent before you begin.
Some Renovations Offer A Better Return
Discussing your renovation ideas with your agent before you begin them can ensure that you're focusing on the right areas of your home. Your agent will help you to identify the areas that need work in order to give the home the best chance of selling quickly. For example, while a lot of people know that renovations to their kitchen and bathrooms can be beneficial, this isn't always the case. If your kitchen and bathrooms are in good shape but the living room and master bedroom need work, your agent may advise you to focus on these areas instead.
Not Everyone Will Agree With Your Tastes
Another important reason to discuss your renovation ideas with your agent is that he or she will be able to tell you about the styles that many buyers look for. This can be valuable because not every buyer will appreciate your design sense. For example, if you decide to replace old hardwood flooring in the living room with brown carpet, there's a strong likelihood that more buyers would actually prefer the hardwood. In this scenario, your agent may advocate you refinishing the hardwood instead of covering it up.
The Agent May Recommend Certain Professionals
The process of hiring renovation contractors can be difficult, but not if you talk about your plans with your agent first. Listing agents often have a network of contacts in the trades, which will enable your agent to recommend whatever contractors you need to get the work done. In many cases, the contractors you hire may even charge you less than other contractors might charge, because they have a partnership arrangement with your agent. Discussing your renovation ideas with your agent before you get started can save you money, help you to make more money, and make the entire process less stressful for you.
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