Coldwell Banker Tomlinson Group Meridian

Create a Home Selling Budget

by Scott Dykstra 02/09/2020

A home selling budget can make a world of difference, particularly for individuals who want to avoid potential problems during the property selling journey. Yet crafting a home selling budget may be difficult. Thankfully, there are lots of things you can do to simplify the process of creating a home selling budget that matches your finances.

Now, let's take a look at three tips to help you create an effective home selling budget.

1. Analyze Your Home's Condition

The condition of your home can have far-flung effects on the home selling journey. If your house requires a wide range of repairs and upgrades, you will need to budget accordingly. Otherwise, assorted home problems may go unaddressed and could make it tough for you to maximize your house sale earnings.

Consider the buyer's perspective as you assess your house. That way, you can identify minor and major home issues and include various property repairs and upgrades in your house selling budget.

It may be beneficial to hire a home inspector too. If you have a property inspector assess your house, you can receive expert insights into myriad home improvements.

2. Determine If Professional Home Improvement Assistance Is Needed

If you find you need home improvement assistance, you should plan for the costs of hiring professionals. By doing so, you can avoid the risk of overspending to improve your house.

Reach out to dozens of home improvement professionals in your city or town. If you shop around for home improvement professionals, you can boost the likelihood of getting the best prices.

Don't forget to ask home improvement professionals for client referrals as well. If you get client referrals, you can gain firsthand insights into what it is like to work with a home improvement professional before you make your hiring decision.

3. Collaborate with a Real Estate Agent

A real estate agent can provide extensive support throughout the house selling journey. In fact, he or she may help you budget for all stages of the home selling journey and ensure that you won't have to break your budget to achieve your desired results.

Typically, a real estate agent will offer tips and recommendations to help you enhance your residence before you add it to the housing market. In many instances, a real estate agent can provide suggestions so you can upgrade your residence on your own. Or, if you require additional assistance, a real estate agent can put you in touch with the top home improvement professionals in your area.

A real estate agent also is happy to provide expert guidance as you navigate the home selling journey. This housing market professional can help you make informed decisions as you try to sell your home. As a result, a real estate agent can help you make your home selling goals come true.

Ready to sell your house? Take advantage of the aforementioned tips, and you can prepare a successful home selling budget.

About the Author
Author

Scott Dykstra

Associate With Excellence

With over 3000 Real Estate Agents in the Treasure Valley, you have a lot of choices when it comes to picking an agent to represent you in selling or purchasing a home. With over 22 years of experience working with Coldwell Banker, and being an Idaho native I'll apply all of my knowledge to your transaction. With a team of lenders, appraisers, title officers and home inspectors you can expect Excellence in every part of your transaction.

Excellence in Designations?

Yes, I have lots of designations and initials and I would be happy to tell you what they all mean. Realtor®, Associate Broker, CRS (Certified Residential Specialist), GRI (Graduate Realtor Institute), ABR (Accredited Buyer's Representative), CSP (Certified New Home Sales Professional), CRRS (Certified Residential Relocation Specialist), Chairman's Circle, President's Circle, and AANG (All Around Nice Guy)!

Full-Time Excellence
Being a full-time Real Estate Agent is a lifestyle more than a career. I will always try to answer my phone and be available for your questions or the questions from a buyer for your home. When a new home comes on the market I understand that sometimes I need to drop everything so we can look at it now! Being in the office almost every day I keep up with what the market is doing so you are free to live, work and play. 

Excellence & Expertise

Buying or selling a home is one of the most important and expensive transactions you will have in your life. Because of that, it is important that you work with someone you can talk to and feel comfortable with.  People trust me with their most valuable asset. It's a responsibility I take very seriously.

Let me guide you through the complexities of buying or selling your home, eliminating hassles and stress. I look forward to working with you.