Selling Your House? Here Are Some Quick Frugal Tips To Get It Ready To List | Mad Money Monster (2024)

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Whether you’re getting ready to sell or rent your current house, we have some low-cost quick fixes that will make sure it shines when that first potential buyer or renter comes knocking.

A few years ago when we were under contract to buy a house we couldn’t comfortably afford, we were gearing up to rent our current home. Even though we were planning on renting out our house, we were still getting it ready – the same as we would if we were planning to sell it. Therefore, this post holds true for those gearing up for the upcoming house selling season.

Ever hear offirst impressions? They hold true for houses, too. A potential buyer will make up their mind about the state of your home before they even set one foot inside the front door.

Last year when we were getting our house ready to rent, we made sure everything outside looked good and was in working order. I had noticed that there was a painted trim piece of wood around the garage that had started to chip. One day, we got out the ladder, a piece of sandpaper, and some touch-up paint. Within an hour, it looked like the day we bought it.

I had also noticed that there were some spots of our fence where the stain had started to wear off. Thankfully, I was resourceful enough to keep the leftover stain from the initial staining of the fence. We were able to take a paintbrush and spot-stain the areas where we could see some wear. Voila, after another hour, the fence looked good as new.

As you can see, these things typically don’t take too long as long as you have kept up the major maintenance on your home throughout the years.

Little things you’ll want to do:

-All outdoor light fixtures are in working order

-Weed the gardens

-Cut and trim the lawn

-Driveway and sidewalks clear of debris

-All trash cans and bags are out of sight

Related:How I Almost Committed Financial Suicide

Speaking of the front door – make sure the actual entrance is clean, appealing, and makes someone want to turn the knob. The porch area should be free of debris, plants shouldn’t be wilting, and the paint shouldn’t be peeling. These are all quick fixes that anyone can make on a budget to enhance the appeal of their home.

One of the best bangs for your hard-earned buck is paint. The front door is no exception. Stand back and take it in. Is your front door the right color? Is it inviting? Does it work with the rest of the exterior of your home? If not, change it. For the cost of a can of paint, you can transform the focal point of your home and completely change someone’s attitude about yourproperty. It could literally be the difference between a sale or not. Last but not least, add some new hardware. If you can’t afford new hardware, shine up the hardware you already have. Appearance is everything.

Related:Why We Love Being At Home

You’ll want to make sure that all themechanicals of your home have been maintained and are working properly. You don’t want someone hitting the garage door button and nothing happening, or worse, turning on a light switch that doesn’t work.

If possible, you’ll want to make sure you have some documents proving recent maintenance for the big stuff, like the HVAC system.

Selling Your House? Here Are Some Quick Frugal Tips To Get It Ready To List | Mad Money Monster (2)

This is an easy one. Just like you want to make sure the exterior of your home, lawn, and gardens are in tip-top shape, you want to make sure the interior has the same maintained look. Got lots of stuff on your kitchen counters? Clearing that out will showcase the amount of counter space there is and allow home buyers to envision their own custom stamp. Do you have a playroom or office that is bursting at the seams? Again, clean it up and organize things into boxes and bins. The more organized and clutter-free you can make your house feel, the more maintained it feels to a buyer and the easier it is for them to imaginetheir family living in the same space.

Fortunately for us, we’re frugal minimalists, so we didn’t have too much clutter to clear, with the exception of the basem*nt. The basem*nt was our dirty little secret. This is what it looked like before we threw almost everything away and transformed it into our family room. Did I mention we never actually moved? We’re getting to that.

Related:We Made Our Dream Home A Reality

Don’t forget the little general maintenance tasks you can do to make sure your home is in great shape. Things like replacing missing shingles on the roof, wiping down windows and sills, cleaning out gutters and window wells, caulking around windows, power washing decks and siding, and checking for cracks in the foundation – these are all things that can be done over a weekend or two with minimal expense but will greatly improve the overall appearance of your home. But if you feel that the maintenance is too much for you to handle, it’s always a great idea to call in the pros who specialize in this type of work. For example, if you have a mobile home, you can call Top Notch Mobile Home Services to make sure everything is running smoothly before it goes on the market.

If you’re unsure about how to stage your home to sell, just check out a few episodes of any show on HGTV. Before quitting cable, I think I watched every episode of every show they ever aired. However, that level of obsession is not required to stage your home to sell! All you need are a few key pieces that will set your house apart from the pack.

If HGTV isn’t helping and you’re still unsure of what to do,check online or go in person to higher-priced homes in your area to see how they’re being staged. And then, copy it.

Have an interesting pillow? Make it a centerpiece in the family room. Have a custom table? Make sure potential buyers can’t help but to see it. Roll towels up in the bathroom and drape throw blankets over the end of beds – this gives your homea retreat/spa feel that will be sure to make people feel like they are in a special space.

If you’re feeling really ambitious and you have a few bucks, you could consider updating some fixtures. Matching light switches and plates, updated lighting, or newfaucet fixtures can bring a home into the modern age overnight. And if you install these things yourself, it’s a huge savings. We did all of the above with the help of YouTube. 🙂

This might seem obvious but it still warrants a mention. Above of else, if you have no extra money to paint a wallor upgrade a single fixture, Clean Your House. Shampoo the carpets, dust the furniture, make sure everything is in its place. If a potential buyer walks in and feels as if there has been pride in ownership, they will not question whether or not the home has been maintained otherwise.

Ultimately, we decided to cancel our contract to purchase that big house in order to focus our effortson building wealth rather than keeping up with The Joneses. We’re currently living happily ever after in the house we already had. So much for all that prep work we did, but hey, it made our house look fantastic in a matter of a few hours!

Are you planning on selling your house? Or have you recently sold a house? Do you have tips on getting it ready to list? If so, we’d love to hear them in the comments section.

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Selling Your House? Here Are Some Quick Frugal Tips To Get It Ready To List | Mad Money Monster (2024)

FAQs

What is the secret to a fast sale of a property? ›

One of the most effective ways to sell your home fast is to price it competitively. If you price it too high, you detract prospective buyers and price out potential bidders. In addition, it may take longer to settle the negotiation process if prospective buyers want your price to come down.

How to sell your house quickly tips? ›

If you need to sell a house fast, consider these eight tips:
  1. Choose an Experienced Agent. ...
  2. Set a Competitive Price. ...
  3. Clean and Declutter Your Home. ...
  4. Stage Your Home. ...
  5. Take Professional Listing Photos. ...
  6. Consider an iBuyer. ...
  7. Choose a Financially Qualified Buyer. ...
  8. Sell to Someone You Know.
Aug 25, 2022

Do I need to fix everything in my house before selling? ›

So if you're wondering “can I sell my house without making repairs”, well, technically, repairs are not required to sell a house in California.

How to spruce up your house to sell? ›

A few recommended home-staging tips are to declutter, clean, or replace your appliances so they look new; remove any personal items such as photos and monogrammed towels; and get rid of odors.

What is the common reason a property fails to sell? ›

The most common reason a property fails to sell is an unreasonable asking price by the seller. An asking price that's too high is the surest way to increase your days on market and have a "non-starter" listing that buyers simply ignore.

What house sells fastest? ›

Starter homes are typically smaller, more affordable properties perfect for first-time buyers or individuals looking to downsize. They often feature two to three bedrooms and one or two bathrooms. What makes starter homes sell quickly is their affordability and broad appeal to a wide range of buyers.

Is it better to show a house empty? ›

Is It Easier to Sell Empty Homes? In short, emptying your home can make it easier to sell rather than leaving it as it is. However, staged houses may attract higher offers and decrease the time the house sits on the market. The reason is that potential buyers need to be able to visualize themselves living there.

Why is my house so hard to sell? ›

Reasons Why Your Home Isn't Selling. The real estate market is complex and numerous factors contribute to the saleability of a property. These reasons can include an overpriced listing, a slow market, necessary repairs, inadequate marketing, or even the lack of an experienced real estate agent.

How quickly do most houses sell? ›

On average, it takes 30 to 90 days to sell a home. However, timelines vary depending on your local market dynamics, home type and more. Home buyers can ask their real estate agent for insights on how quickly homes are moving or refer to websites for region-specific information.

Why does no one want a fixer-upper right now? ›

There are even TV shows about them. Why are they falling out of favor with buyers now? Veronica Dagher: Well, one of the reasons is they just don't want to hire a contractor. It's a lot of work to do that, and it's hard to find them these days, but the big factor here is high mortgage rates.

When you sell a house do you have to fill nail holes? ›

If you are the home owner and you are selling, you don't have to fix that stuff, NO. But you would be a fool not to fix everything. To maximize your sold price, you should make the house look as new as you can (within reason). If you literally can't afford to fix holes in the walls, then maybe you can't afford to move.

Should I fill holes when selling house? ›

Buyers generally do not want the leftovers from your fridge or burnt crumbs at the bottom of the oven! Cleaning should also include wiping down paintwork to a reasonable degree and where removal of picture hooks or curtain rails have left holes in the walls, these holes should be filled in and painted over.

What makes houses sell for more? ›

Invest in value-adding improvements

“The heart of the home is the kitchen, and many buyers will judge a property by its kitchen,” she says. Just don't go overboard: “While a complete overhaul of this space can run into the tens of thousands, a minor update is where you can gain the greatest return,” she says.

What is the 3 foot 5 foot rule in staging a home? ›

This usually includes decluttering, depersonalizing, and making cosmetic improvements. One important rule of thumb for home staging is the 3-foot 5-foot rule. This rule states that you should spend 3 feet in front of and 5 feet behind your home staged for sale.

What is the most cost effective way to sell a house? ›

What Are the Cheapest Ways to Sell a House?
  • For Sale by Owner (FSBO) FSBO helps the home seller save on real estate agent commissions as they manage the sale themselves. ...
  • Discount Brokers. Your home's value essentially determines the real estate agent's fee. ...
  • iBuyers. ...
  • “We Buy Houses for Cash” Companies. ...
  • Owner Financing.
Feb 7, 2024

What is a ghost sale in real estate? ›

The term ghost offers likely was originated by a disgruntled realtor who was aggravated with local investors who would make offers on properties, get a contract on them and then not close when the time came. Often, these investors would cancel the contract under their inspection period clause.

What does a quick sale indicate? ›

A quick sale is a real estate transaction in which the seller needs to sell their property quickly, usually within a short timeframe of a few weeks to a couple of months. The seller may need to sell quickly due to financial difficulties, a divorce, a job transfer, or other reasons.

What is a quick sale called? ›

It is called a short sale because the sale proceeds will be short of the outstanding mortgage balance.

Can you speed up a short sale? ›

This is where it could take potentially months for the bank to review the file and make a decision about whether or not to accept the short sale. There's little that can be done to speed up the process, aside from your agent encouraging the listing agent to stay on top of the bank.

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