3 Tips To Get More Money When Selling An Inherited Estate

Posted on: 25 May 2018

If someone close to you just passed away and left behind their estate to you, you could be planning on selling it. If this is the case, then you are probably hoping that you can get the highest price possible for it. Of course, how much you are able to sell your inherited estate for will depend on a lot of factors, including the estimated value of the estate, the condition of it, and the real estate market in the area. However, these tips can help you get more for it.

1. Host an Estate Sale

For one thing, if you also inherited the items inside of the house and do not want to keep all of them, then you should consider hosting an estate sale. This is a good way to clean out the house and get rid of items that you don't want to keep so that you can prepare the home for sale. Additionally, it can help you get some cash for the items. Consider working with an estate sale planning company like Remember When Estate Sales, LLC. Such companies help with planning and hosting the sale, and you can help ensure that you get what you deserve for your items.

2. Make Minor Improvements

Next, if the house is outdated or in need of improvement, you may want to consider making some improvements before you put it on the market. Making necessary repairs and making a few updates, such as painting the walls, can make the house that much more appealing to potential buyers and can be a good way to freshen the place up before you put it up for sale.

3. Focus on Staging

Even though it might be hard for you to picture your inherited estate decorated any differently than it always has been, you may want to stage the house before putting it up for sale. Cleaning it up, arranging furniture and decor neatly, and otherwise making minor improvements to make the house more appealing can make a big difference. A real estate agent or home staging professional can help with this.

As you can see, if you are hoping to get more money when selling an estate that you have inherited, there are a few things that you can do. If you follow these tips, then you might be surprised by how much you can get from the estate that was passed down to you by a loved one.

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