Across America, home sale proceeds are continuing to rise. After a record increase in 2021, house prices are set to rise by another 12% in 2022, indicating that the market continues to firmly be a seller’s one.

However, this does not mean that you should be complacent about your own house sale. Selling your home for a profit is never guaranteed, even in a white-hot market like the one we see today.

In order to maximize your home sale proceeds, you need to know exactly how to sell your house the right way. Here are our top tips for selling your house for a profit. 

When Repairs Drain Your Home Sale Proceeds

Very few of us have homes that are in perfect condition. This is a problem when it comes to selling the home since buyers invariably expect mint-condition, turnkey properties.

When assessing the cost to sell a house, you will need to determine all the essential repairs you will need to make, as well as any aesthetic repairs. If these costs are so high that they will devour your home sale profit, you might want to consider other options.

For example, you can use a sell my home cash buyer service such as Dash Buyers to instantly sell your home for cash, no matter what condition the property is in. This might be the smartest option if extensive repairs are required.  

Knowing Exactly When to List

In real estate, timing is absolutely everything. Repeated studies have shown that selling a home in the springtime tends to translate into much quicker sales and more offers.

Meanwhile, the wintertime tends to be the worst possible period to sell your home, since nobody wants to make a major move during the dark, colder months. Simply waiting for the best time to sell could substantially boost your potential profits. 

Using a Local Realtor

If you want to get as much money as possible from the sale of your home, you must use a local realtor that understands the market. Look for a realtor with extensive experience in your neighborhood and with a solid track record of quick, satisfactory home sales.

You want a realtor that knows exactly how you should price your home and exactly who will be the most willing to pay the asking price for your home. This is one home selling expense that you cannot afford to cut corners on. 

Be Smart with Upgrades

Not all upgrades will translate to a higher listing price. For example, extending the size of a room (and losing a room in the process), installing high-end appliances, and adding a swimming pool tend to add very little value to a home.

This is why you should opt for practical upgrades that will offer a solid ROI. For example, kitchen upgrades, new bathroom fixtures, and finished basements and attics all offer a boost to your home’s value that will likely outstrip the initial cost of these investments. You can even opt for budget-friendly DIY upgrades to maximize your potential ROI. 

Sell Your Home the Right Way in 2022

2022 may be another record year for the housing market, which is why you should be prepared to take maximum advantage. These simple tips will boost your home sale proceeds and give you more money to invest in your future.

For more expert, insider tips on selling your home the right way in 2022, we have got you covered. Make sure to consult our dedicated section for Home Buyers to learn everything you need to know.