Profit Potential with Pre-Listing Renovations
As a real estate agent, your main goal is to help your clients sell their homes quickly and for the highest price possible. One way to achieve this goal is by unlocking profit potential by recommending pre-listing renovations. These are improvements made to a home before it goes on the market. With these improvements, there is a goal of increasing a home’s value and the appeal to buyers. By guiding your clients through the pre-listing renovation process, you can help them maximize their profit and make your job as a real estate agent even more successful.
Selling for more money- profit potential with pre-listing renovations
When selling a home, condition and updates matter! Homes in good condition definitely sell for more. Renovated homes sell for an average of 17% more, according to the National Association of Realtors (https://www.nar.realtor/). This can mean a big profit increase for your clients. Pre-listing renovations can also avoid costly negotiations and increase the chances of a successful sale. Additionally, you will be unlocking a lot more profit potential when competing pre-listing renovations on a home that would traditionally be sold as-is.
Navigating a market with higher interest rates – don’t lose out on profit potential by selling as-is
With interest rates on the rise, it can be more difficult for buyers to secure a mortgage. This means that buyers become more selective. Ultimately, they are looking for properties that are in top condition and ready to move in. By completing pre-listing renovations, you can help your clients make their home more attractive to potential buyers and increase the chances of a successful sale, even with the higher interest rates. Properties that have undergone renovation are more likely to sell quickly and at a higher price than those that have not.
Identifying the right updates and improvements to make! This is a big part of the profit potential with pre-listing renovations.
As a real estate agent, it’s important to guide your clients in identifying which updates and improvements will have the biggest impact on the home’s value and appeal. According to the National Association of Home Builders (nahb.org), the kitchen and bathrooms are the most important areas of the home to renovate before listing it for sale. Updating these areas can yield a return on investment of up to 80%. Additionally, repainting, and making energy-efficient upgrades can also have a positive impact on the value and appeal of the home. By recommending cost-effective updates, you can also help your clients stay within their budget.
Don’t worry if this is not an area that you are an expert in! MaxHousePrice was created to help you with this process from start to finish.
Saving time on the market, increasing profit potential with pre-listing renovations
It’s also important to keep in mind that pre-listing renovations can also help your clients save time on the market. According to the National Association of Realtors (nar.realtor), homes that have undergone pre-listing renovations spend an average of 15 days less on the market than homes that have not been updated. This can save your clients a significant amount of time and stress. Also, it will allow them to move on to their next home faster!
Working with a professional company to maximize profit with pre-listing renovations
In order to ensure that your clients’ homes are in top condition and ready to attract potential buyers, it’s important to work with a professional and reliable company like MaxHousePrice! We are experts in home renovations and we can help guide your clients through the process of preparing their home for sale. By working with a professional company like MaxHousePrice, you can ensure that the renovations are done correctly and with attention to both quality and detail.
We can help guide you and your clients through the renovation process. We can help real estate agents and their clients increase the potential sales price, navigate a market with higher interest rates, and save time on the market. By providing your clients with solid data and facts, you can help them make informed decisions about pre-listing renovations. Ultimately, this can lead real estate agents to a more successful sale and, in turn, more satisfied clients!
Here are some case studies where you can read about the profit realized with pre-listing renovations:
Contact MaxHousePrice to maximize the profit potential of your listings w/ pre-listing renovations
In today’s market, it’s more important than ever for real estate agents to think outside the box and offer their clients unique solutions! By recommending pre-listing renovations all managed and handled by a reputable company, MaxHousePrice; you can definitely set yourself apart from other agents. You will be providing your clients with a valuable service that can help them achieve their goals. So, if you haven’t recommended pre-listing renovations to your clients yet, it’s time to start! With the help of a professional company, like MaxHousePrice, you can ensure that your clients’ homes are in top condition and ready to attract potential buyers.