3 Ways to Save Money When Selling Your Home

Amy Schuman
Amy Schuman
Published on August 12, 2024

Selling your home can feel overwhelming, especially if you’re not sure where to start. The good news is that you can streamline the process and save money with a few strategic moves. If you’re in Savannah, Georgia, or surrounding areas and looking to sell your home in 2024, this guide is for you. Here are three effective ways to save money while ensuring a smooth selling experience.

1. Choose the Right Real Estate Agent

Selecting the right real estate agent can make a huge difference in your selling experience and how much you save. While it might be tempting to go with the first agent you meet, taking the time to find the right fit can pay off.

Key Considerations:

  • Experience and Local Knowledge: Choose an agent with a strong track record in Savannah or your specific neighborhood. They’ll have a better understanding of the market and what buyers are looking for.
  • Commission Rates: Agents typically charge between 5-6% of the home’s selling price. Negotiate the commission rate upfront and consider agents who offer competitive rates without compromising on service.
  • Marketing Strategies: A good agent will have a comprehensive marketing plan to showcase your home, potentially saving you money on advertising and attracting more buyers.

2. Make Cost-Effective Upgrades

Before listing your home, consider making a few strategic upgrades that can increase its value and appeal without breaking the bank. Focus on cost-effective improvements that offer a high return on investment.

Suggested Upgrades:

  • Curb Appeal Enhancements:
    • Plant flowers and shrubs
    • Mow the lawn regularly
    • Clean the driveway and walkways
    • Paint the front door and trim
  • Minor Kitchen and Bathroom Updates:
    • Replace old faucets and fixtures
    • Repaint or refinish cabinets
    • Install new cabinet hardware
    • Update lighting fixtures
  • Energy-Efficient Improvements:
    • Install energy-efficient windows
    • Add a smart thermostat
    • Seal any drafts around doors and windows

3. Stage Your Home Smartly

Staging your home can help it sell faster and for a better price, but you don’t need to spend a fortune to make it look great. Here are some budget-friendly staging tips:

Staging Tips:

  • Declutter and Depersonalize:
    • Remove personal photos and memorabilia
    • Clear out excess furniture and knick-knacks
    • Organize closets and storage areas
  • Rearrange Furniture:
    • Create inviting, open spaces
    • Highlight your home’s best features
    • Use furniture to define spaces
  • Use Neutral Colors:
    • Paint walls in neutral tones like beige, gray, or white
    • Use neutral bedding and towels
    • Add pops of color with accessories and decor
  • Add Small Touches:
    • Fresh flowers in vases
    • New, fluffy towels in the bathroom
    • Tasteful artwork on the walls
    • A cozy throw on the couch

Bonus Tips:

  • DIY Where Possible:
    • Fix minor repairs like leaky faucets or squeaky doors
    • Paint rooms yourself to save on labor costs
    • Clean carpets and floors instead of hiring a professional
  • Leverage Social Media:
    • Post photos and videos of your home on Instagram and Facebook
    • Share your listing in local community groups
    • Ask friends and family to share your posts to reach a wider audience

Selling your home in Savannah or the surrounding areas doesn’t have to be a costly endeavor. By choosing the right real estate agent, making smart, cost-effective upgrades, and staging your home effectively, you can save money and achieve a successful sale. Remember, a little effort and strategic planning can go a long way in ensuring you get the best possible return on your investment. Happy selling and feel free to contact us to jumpstart your home selling journey!

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