Selling your home can be an exciting time, but are you aware of the best ways to make profit? Here are 4 tricks of the selling trade from cost effective changes you can make to your home, easy ways to dress your home up and tips on marketing your property for the best results. The potential that real estate holds as a money-making venture can be seen in the total worth of dwellings in Australia, which according to CoreLogic RP Data has now breached $6 trillion.
To put that in perspective, if you managed to save $50,000 every annum, it would still take you 120 million years to top $6 trillion. If you would like to increase the profits from your sale, there are a number of renovations that can add disproportionate value. This means they take less from your wallet than they add to your home's price tag. Determining a price for your home can be an extremely hard decision, as you have to find a neutral ground between the market and your ambitions.
If you set the price of your home too high, it's very unlikely that it will sell and you will have to stump up the payments for an extended campaign.
To put that in perspective, if you managed to save $50,000 every annum, it would still take you 120 million years to top $6 trillion. If you would like to increase the profits from your sale, there are a number of renovations that can add disproportionate value. This means they take less from your wallet than they add to your home's price tag. Determining a price for your home can be an extremely hard decision, as you have to find a neutral ground between the market and your ambitions.
If you set the price of your home too high, it's very unlikely that it will sell and you will have to stump up the payments for an extended campaign.
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