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Feb
22

How to Make The Most on a Las Vegas Short Sale

By Kathryn Bovard

When it comes to selling your home, the little things count too, and they can count big, especially if you are considering a short sale in Las Vegas. A new article by Christine Haughney in The New York Times gives some pretty unbelievable examples of small changes that home owners made to increase the value of their home. Here are a few of them:

1. If your home is cluttered, subtract 5% to 15% off the asking price. Homes that are cleared out of too many books, toys, etc. generally sell faster and for up to 15% more.

2. Buy a closet full of expensive shoes. No, seriously. They will end up paying for themselves and more. Potential buyers often unknowingly want to live the life they envision a new home will provide. And if the seller is able to maintain a lifestyle that includes a closet full of expensive shoes, the buyer will want a piece of that life.

3. Get rid of any old, dirty, or worn rugs. No potential buyer wants to move into a home that they envision is dirty. Replacing a prominent, old rug with a new $400 rug can up the asking price by up to $5000.

4. Get professional lighting advice. It may cost somewhere between $100 and $200 but the pay off on a $900,000 home is an additional $32,500 on the original asking price.

5. Buy new, fresh towels and pillows. After spending $700 on both, one home’s original asking price went from $450,000 to being sold for $475,000. That’s an increase of $25,000!

Some of these ideas might sound like flukes that the home owners just happened to be lucky to benefit from. But when it comes to selling your home in Las Vegas or considering a Las Vegas short sale, it’s good to have an agent that will think outside the box to get you the best value for your home. Kathryn Bovard is experienced with the often lengthy and sometimes stressful Las Vegas short sale process. If you are contemplating a Las Vegas short sale, she can assist and navigate you through the entire process. Call Kathryn direct at 702-348-7191 to schedule a short sale consultation today.

Related posts:

  1. Las Vegas Short Sale Time Frame
  2. Tips to Sell Faster in the Las Vegas Short Sale Market
  3. Will The Foreclosure Moratorium Impact Las Vegas Short Sales?

Comments

  1. Max Sabo says:

    I can’t verify the numbers, but taking these steps will help to reduce your homes DOM. This will, likely, reduce the number of mortgage payments you will have to make. If these improvements make you addition money that’s awesome!
    Thanks for the tips!

  2. [...] Want to know a few tips for a quicker Las Vegas short sale? Keep reading for a few tips on what buyers are looking for to help get you a better and faster deal on your home. [...]

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