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6 Ways to Boost Your ROI

By
Real Estate Sales Representative with Top Agent Internet Marketing

Return on investment (ROI) is likely at the forefront of your concerns when it is time to sell. Even if your home is seemingly outdated, there are a number of ways you can boost the value of your space to make it more appealing to buyers. As your real estate expert for Yaletown condos, here are six ways I believe you can boost your ROI when selling.

Bump Up Curb Appeal

More often than not, the first thing a potential buyer is going to see is an exterior shot of your home. In order to make a great first impression, you can improve your home’s curb appeal. This can include: ridding your yard of any unsightly weeds, planting new flowers, trimming back hedges, repainting the door and shutters – anything to give your home a fresh and inviting look.

Paint Walls a Neutral Color

When buyers view the inside of your home, they need to envision themselves living there. While you may love that bright yellow color for the kitchen, or that deep red for the master bath, potential buyers may not have the same aesthetic taste. You can instead play it safe by giving the interior of your home a once-over with a neutral color. It’s an inexpensive way to greatly boost your ROI.

Invest in a New Roof

Not only is having a new roof installed a costly venture, but it can also be a major hassle. Most buyers are not looking for a home that’s going to need reno on moving day, so it can be smart to have a new roof put on if your existing one lacks something to be desired. Having a new roof can also be a major selling point when listing your house on the market.

Consider Your Appliances

Updating the kitchen entirely can be expensive and oftentimes unnecessary. One surefire way to give your ROI a little nudge without having to gut and redo the whole kitchen is investing in new appliances. A new fridge, stovetop and dishwasher can go a long way when showing the space to potential buyers.

Update Flooring

The latest trend in flooring is hardwood floors, thanks to their sheer beauty and durability. If you already have hardwoods in your home, having them professionally cleaned before you list your property can give them a like-new shine. For those of you who have carpeting in your home, be honest about the condition of the flooring. Does it need to be replaced? If so, having new carpeting put in could be better for your ROI.

Work with a Realtor

Of course, one of the best ways to increase your ROI is to work with a professional realtor. With the experience and knowledge needed to efficiently sell a home, your expert real estate agent will be able to ask for the most that your home is worth. By following their advice when putting your home on the market, your listing price may be much higher than it would if you were trying to go it alone.

Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

That is how I gauge all my real estate efforts (ROI)

Welcome to our ActiveRain community and now the real work begins; repeating and making it a habit Top Agent Real Estate Pro Team!

Oct 24, 2016 01:16 PM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

We would like to welcome you to the AR community. Looking forward to more posts.

Oct 24, 2016 01:18 PM
Robert Vegas Bob Swetz
Las Vegas, NV

Welcome to ActiveRain and congrats on your first post.

Oct 24, 2016 01:58 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Welcome to Active Rain, looking forward to reading many more of your posts, let me know if there is anything that I can do to help as you get started here.
All the best of success to you.
Bob

Oct 24, 2016 04:59 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Top Agent Real Estate Pro Team "the eye buys" and to stay on top of your game, maintain your property.... the ROI will be there....

Oct 24, 2016 08:28 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

and welcome to ActiveRain...it's a great place to learn, share, market and network....and I hope you enjoy it and benefit from all of it....

Oct 24, 2016 08:28 PM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Great advice for Sellers ! Did you place this post on your FB page(s) ???

Oct 24, 2016 08:42 PM
Top Agent Real Estate Marketing Team

Hi Michael,


Thanks for asking! This post was shared on FB as well, here is the link: https://www.facebook.com/yaletowncondopro/

Oct 25, 2016 03:52 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Welcome to Active Rain.  I hope you enjoy your time here.

Oct 24, 2016 10:11 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for the tips.

Oct 25, 2016 02:59 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

I have found the best dollar for dollar ROI to be fresh paint and curb appeal.  All the others are great considerations too, depending on the condition.

Welcome to ActiveRain.  It's a very valuable platform for sharing your knowledge and learning from other industry professionals.  

Oct 25, 2016 09:00 AM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Great advice!

Welcome to the AR community! Congratulations on your first blog post! 

Oct 25, 2016 04:40 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Top Agent Real Estate Pro Team thank your the tips.

Welcome to ActiveRain and congratulations on posting your first blog on this site.

Oct 26, 2016 12:14 PM
Greg Hamer, Realtor at Alain Pinel Carmel
Alain Pinel Realtors - Carmel, CA
For Life's Next Adventure, Live Where you Dream

Thanks for the tip!

Nov 14, 2016 11:33 AM