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Wanna Flip? 5 Money-Making Tips for Selling Your Home

Getting started on your flipping journey begins with learning how you can add value to your home and make it more valuable to potential buyers.

By Casey ChesterfieldPublished 4 years ago 3 min read
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Wanna Flip? 5 Money-Making Tips for Selling Your Home
Photo by Naomi Hébert on Unsplash

Home flipping is a lucrative side hustle, but one that requires you to be knowledgable about the housing market and the current needs and demands of homeowners. Getting started on your flipping journey begins with learning how you can add value to your home and make it more valuable to potential buyers. To help you make more money on your flip, here are five money-making tips for selling your home.

5 Home-Flipping Tips

1. Consider making major home renovations like building a pool

Some big projects can add immense value to the home if it is a desirable addition within that community or state. Say, for example, that you live in Bradenton, Florida, where summers are known to get quite hot. One great way to add value to your home is to consider installing a new pool where homeowners can cool off by themselves or with family and friends. Of course, it is important to remember that such an addition will only add value if it is done correctly.

Make sure to do a local Google search like "new pool builders Bradenton FL" to find a high-quality company like Olympus Pools. Olympus Pools specializes in designing and constructing beautiful outdoor spaces. Beyond the pool design (which can include spas and waterfalls), they have a reputation for developing beautiful outdoor kitchens and firepits as well. If you really want to boost your home's value, consider making major home renovations like building a swimming pool and enlisting the help of a reputable company like Olympus pools for the project.

2. Make your home more desirable with energy-efficient appliances

Most homeowners want to save money, but that can be difficult to achieve when using worn-down appliances that waste energy. Some great additions that can help you make your home more energy-efficient and boost its value include adding solar panels to the roof, purchasing new, energy-efficient appliances for the kitchen and laundry room, and taking care to install LED lights and double-paned windows. Just making a few of these minor changes can go a long way in helping your home sell down the road.

3. Focus on boosting your curb appeal

The first thing that buyers see when they are looking at your listing or going for a walkthrough is the front of your home. While the interior does matter, making a great first impression does too. You can boost the curb appeal of your home by tackling major landscaping projects, cleaning and repainting or repairing areas on the front of your home that have worn down over time, and adding small decorations that enhance the charm of your home. This will help homebuyers fall in love with your property long before they step foot inside.

4. Find small interior design changes or renovations that will attract the modern buyer

Older homes still have their appeal. However, if you live in a popular area known for its modern amenities, chances are that buyers in the area are looking for a modern home as well. Take your time to research what current buyers are looking for and make the necessary changes within your house to match those needs. Whether that entails buying minimalistic art and furniture or opening up certain sections of the home to transform separate rooms into an open floor plan, just a few small adjustments here or there can turn your average house into someone's dream home.

5. Do a deep clean to ensure that there are no repairs or problems with the house itself

In order for the sales process to go smoothly, you need to make sure that the property is well-maintained and has no potential problems to speak of. Go ahead and do a deep clean of the house, inspecting it along the way to ensure that everything is running optimally and there are no areas of concern that could come up in the future. The better you care for the house, the easier flipping it will be.

Whether you are selling your home yourself and are looking to make sure that everything is picture-perfect for your listings and open houses, or are planning to go the traditional route, flipping a home has a few basic rules that all good flippers follow. Use the guide above to learn more about how you can create a home that will truly wow buyers and result in a profitable flip for you!

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