The housing market is at best confusing, and at worst chaotic. If you want to get the absolute best price available to you, you need to know the ins and outs of the market and your location. Here are some of the initial steps you can take in order to get the price you want.

Make Repairs

Repairs are the first thing you should investigate. Damage ranging from minor exterior problems to deep interior issues can all be compromising. Of course, no matter the repair, an investment will be required on your part. But it is an investment that will absolutely be worth it, both on paper as well as in the mind of the buyer. Start with the biggest problems. If the home has any issues with the walls, ceilings, floors, attic, basement, roof, or foundation, you’re definitely going to want to take care of that first. The home’s internal systems – such as plumbing, heating, HVAC, and electricity – will also need to be updated, fixed, and maintained.

Get an Appraisal

This is an essential step that must be taken care of before you put your home on the market and start seeking possible buyers. You can get a free estimate for your home online, although the accuracy of said estimate may be in question. Check online reviews and talk to others who are selling or have sold their home to find a trusted and experienced home appraiser. An appraisal from a professional may cost hundreds of dollars, though, so be prepared to make whatever financial sacrifice may be necessary. A variety of factors go into calculating your home’s value. The neighborhood, the market of the area, the space, the age, the condition, interest rates, and any significant updates or additions (such as solar panels) can all affect the price.

Choose the Best Buyer

Depending on your situation, you may or may not have multiple offers. Sometimes, you just have to pick the offer that you’re given. Other times, an agent can help you make the decision. But if you don’t have an agent or any other professional help, you’re going to have to choose single-handedly how to move forward. After deducting the costs of taxes, fees, and the like, ask yourself from which buyer you make the most profit. You may also want to factor in buyer flexibility in terms of timing and the concessions they ask for.

You deserve to get the absolute best price for the home that you’ve worked so hard on and lived in for so many years. The home market can be undoubtedly frustrating. But if you put in the time, effort, and money to repair and appraise your home, you’ll come out with the best option available.

Check out this article on important aspects of selling a home you shouldn’t forget about !