When you’re selling your home, one of the key questions to ask is what appliances you should include with the sale. There are a few things to consider when making this decision, including the age and condition of your appliances, as well as what will appeal to potential buyers. In general, newer and more updated appliances will help sell your home faster and for a higher price. So if you’re thinking about selling soon, it’s worth taking the time to update your appliances first. Here’s a closer look at what factors to keep in mind when deciding which appliances to include with the sale of your home.
Consider if the appliances are built-in or easy to replace
When selling a home, one thing to consider is whether appliances are built-in or easy to replace. Built-in appliances require more work to install and often involve renovation, while easy-to-replace models usually just require a plug and can easily be swapped out when the need arises. If an appliance is built-in, it may be best to include it as part of the sale of the home. Making this consideration before listing your home is an important step that should not be overlooked.
Does the buyer need the home to be move-in ready?
When evaluating whether or not to convey appliances with the property, take into account how quickly the buyer needs to move and if they need the home to be move-in ready. If there is an urgency to their relocation, it may be best to offer to leave the appliances for them. Often it is cost-effective and more practical for a buyer to purchase the existing appliances so the home is fully functional when they move in.
Make sure all appliances are in good working condition – no one wants to buy a lemon
Keeping appliances well-maintained and in good working condition can ensure that they last for years. However, even the best-maintained appliance can be prone to malfunctions. When it comes time to list your home, you should decide the condition of the appliance and if you want to move it or you will leave it for the new buyers. Remember, no one wants to inherit an appliance problem but if they are aware of the age and condition of the appliance in advance, this will make the closing process much smoother. Be sure to always disclose any known defects to a buyer regarding appliances.
Decide which appliances you can’t live without and which ones you can do without.
One of the key considerations when selling a home is deciding which appliances you want to include with the sale and which ones you would be happy to leave behind. All potential buyers will have their list of priorities for what appliances they are looking for, so weighing up what you believe to be important against what prospective buyers may expect can help guide your decision-making. Though it may ultimately come down to personal preference, deciding ahead of time which appliances are non-negotiable and those that could go either way can make the process a lot smoother.
What’s customary in your area?
In most areas, there are common expectations for appliances that come with a home vs. those that typically do not. While a disclosure or contract can specify and override any expectations, knowing what’s expected will help you understand how significantly it may impact your home’s perceived value to a buyer.
Will it affect a likely mortgage?
Different loans have certain expectations about a home’s habitability. These expectations do in many cases include some appliances. Talk with your real estate agent about the types of loans a buyer is likely to come to the table with, and make sure your home and appliance offering is in line with the market needs to achieve the best results.
Consider convenience and cost
Though it may be convenient to bring your old appliances to your new home, consider if the cost and effort will be worth more in the long run. If purchasing appliances for your new home could save time and money due to improved efficiency, then investing in new appliances may be well worth it. Weigh the advantages versus the costs of either method to decide if easing your move with your existing appliances or splurging on newer models would better suit your needs.
These are all important factors to consider when selling your home and updating or replacing appliances. Consider how quickly you need to move, if the appliances are built-in or easy to replace, and if they are in good working condition. You may also want to decide which appliances you can’t live without and which ones you can do without. If you have time before selling your home, you could ease your move by leaving the appliances and splurging on new ones for your next home.
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Expert Assistance:
To reach out to Richard for expert assistance in the Decatur & Atlanta markets, reach out here.
You can also ask Richard for a copy of his contribution to the best-selling book Top Dollar – by completing the form linked here.
