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How to Maximise Profit without it costing you a cent!

By Aus Property Professionals

Promoted by

You’ve already heard countless advice on maximising profits when selling property.

And you’ve already realised these methods are costly upfront for small return.

But have you heard advice on how to maximise profit, without it costing you a cent!?

Probably not!

Whether renovating, an interior decorator, or NEW stylish furniture for your OLD home (that you will need to sell on gumtree when you move out anyway). They are all very costly methods to get little return.

 

My theory is simple…. You must make the buyers picture themselves living in your property to drive buyers interest. Common sense? Absolutely.

I have compiled my top 5 CENT-LESS tips below:

 

  • Go M.I.A in your own home.

Going “M.I.A” in your own property is my number 1 “free” tip. By this we mean, Missing In Action. You need to think like a buyer. Buyers need to believe they are walking into their future home, not that they are intruding on your family life!.

Although you love that enlarged print of Aunty Meryl’s 60th birthday, or your framed Yr 12 grad photo, this will actually make the buyer uncomfortable, like they are invading on your personal life.

Therefore, go M.I.A- remove all traces of personal items and family photos.

 

  • BEWARE OF THE DOG- No More!

Straight down to figures! 39% of Aussies own a Dog, 29% a Cat, 32% neither (source: 2013 Animal Health Alliance publication, Pet ownership in Australia) and with19% having allergies, you will unwittingly lock out a very large chunk of the market if there are traces of fluffy around.

Remove all pet pictures (see #1) also pet bowls, leashes, poo and pet fur from furniture!. Oh, and don’t forget that “Beware of the dog” sign.

 

  • Re-organise to maximise space.

It is completely cost effective (well, actually FREE!) to re-organise for your floor space to appear more spacious.

Stand back and take a long look at each room. If there any items of furniture that are blocking your view from one side of the room to the wall opposite there may be a better place to move this item for the space to be more open.

Through some basic changes to your existing layout, the buyer may think they are getting “more bang for their buck” when comparing to other properties of the same size.

Bonus Tip- remove any clutter for a similar effect.

 

  • Highlight

Highlight to buyers all the local amenities and conveniences (that great coffee shop, train station, etc) so the buyer is excited to live in your neighbourhood. You can leave (neatly) just a few brochures of nearby restaurants on the counter, or even a map of the local area highlighting all the amenities close by.

Another way to “highlight” your home is to turn on all the lights (GOOD selling agents should do this anyway) so your property is bright with plenty of sunlight. Who would want to live in a dark gloomy house? trust me- turn on those lights!.

 

  • Clean

Does this even need to be mentioned? It is a MUST to ensure all floors are shining clean, glass is sparkling, and dishes are washed. There is no excuse for dusty skirting boards.

-Renee Edge


About the Blogger

Renee is a Chartered Accountant who loves to provide cost effective tips for maximising profits. Like all accountants she likes to count every penny and seeks to find free solutions to everyday problems.

Renee is part of the Aus Property Professionals team, directed by renowned property investor Lloyd Edge

Lloyd is a seasoned and successful investor with a portfolio in excess of $8 Million that generates its own passive income. Lloyd is a member of the Property Investment Professionals of Australia (PIPA)

Lloyd holds real estate licences in NSW and Queensland. He has a thorough knowledge of the Sydney and Brisbane property markets as well as key regional areas in both states.

Book a free Aus Property Professionals one-on-one strategy meeting in your home or office, or by phone or Skype.

Contact us today!

 

Call 1800 1 INVEST (1800 146 837)

Email Us – [email protected]

Website – www.auspropertyprofessionals.com.au

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FROM THE WEB

podcast

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Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocharge your portfolio, maximise returns and make your overall investment experience seamless and stress-free!

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To hear more about these services, make sure to tune into this episode of Property Showcase!

 Make sure you never miss an episode by subscribing to us now on iTunes!

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Caifu Property\u2019s Automatic Equity program is designed to add a minimum of double the value of your salary to your portfolio every 12-18 months.\u00a0The program deals with five to six figures of instant equity, helps time poor investors generate equity in the shortest time possible without compromising your lifestyle or demanding your time.\u00a0<\/p>\r\n

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    In this episode of Property Showcase, Michael Beresford joins editor of Wealth James Mitchell to unpack why recent political changes are not reason for concern for Australian investors.<\/p>\r\n

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      Caifu Property’s Automatic Equity program is designed to add a minimum of double the value of your salary to your portfolio every 12-18 months. The program deals with five to six figures of instant equity, helps time poor investors generate equity in the shortest time possible without compromising your lifestyle or demanding your time. 

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      • The benefit of building rather than buying existing property
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Many investors who would have been successfully approved for finance last year are struggling now to either begin or continue their property investment journey because of the current financial climate.

In this episode of the Smart Property Investment Show, broker John Manciamelli and Momentum Media director Alex Whitlock joins host Tim Neary to discuss how APRA changes and the royal commission have resulted in a tighter lending economy and what that means for Australian investors.

They discuss what traps investors should avoid if they are trying to obtain finance, the four key growth drivers in a property market and unpacking trust structures while revealing one type of trust that you should miss.

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: FacebookTwitter and LinkedIn.

If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!

RELATED AREAS OF INTEREST:

How technology is changing the lending environment
Lessons from a falling market
APRA investor measures have ‘run beyond their usefulness’: industry body

 

RELATED AREAS OF INTEREST:

Hobart
Bondi
Deception Bay

 

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When buying property, it’s important to focus on what’s important. Investor Katarina Taurian shares just what exactly is important to her: having the mindset of looking past superficial cosmetic matters and homing in on the structural suitability and potential of a property.

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In this episode of the Smart Property Investment Show, Katarina joins host Tim Neary to unpack her entry into the property market and experiences of rentvesting, and how the Smart Property Investment Show was vital  in a number of decisions which she made along the way.

Katarina discusses about the team that she had help her along the way, why she thinks that you should never skimp on a good solicitor and accountant, and the red flags which tell her why buying a new property doesn’t necessarily mean buying a better property.

If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: FacebookTwitter and LinkedIn.

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Why buying new property doesn’t mean buying better property

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