When you sell your home, you want to sell it as quickly and profitably as possible. But in today’s market and economic climate, how, exactly, do you do that?

recent video from realtor.com outlined some steps you can take to increase the chances that your home will stand out and sell quickly in today’s market, including:

When you sell your home, you want it to appeal to as many buyers as possible.

But there are certain things that can instantly make buyers say “no thanks” to your home, even if the issues are easily fixable and the home could actually be a good fit for them.

So what, exactly, are those turn-offs, and how can you avoid them to ensure your home is as appealing as it can be?

recent article from realtor.com outlined visual elements that can be a major turnoff for buyers, including:

If you’re a renter—or planning to become one in the near future—you’ve probably noticed that rents are high. That’s no surprise, especially with housing markets booming and the cost of living rising.

For many people, renting often feels more affordable than buying a place of their own, even if it comes with the sting of watching a significant chunk of their paycheck disappear every month.

But here’s a question: Have you ever paused to consider just how much you’ll pay in rent in your lifetime?

It’s probably not something you want to think about, but understanding the bigger picture of your rental expenses could be a game-changer, potentially saving you both time and money in the long run.

The Average Lifetime Cost of Renting

According to a study done by Self Financial, the average American will spend a staggering $333,065 on rent and related expenses over their lifetime. That’s roughly $25,620 per year from age 22 to 35. This figure includes about $241,303 in rent payments alone, with another $68,074 spent on utilities, and $12,145 on moving costs.

Of course, these numbers can vary widely depending on where you live. For example, if you’re renting in Hawaii, you could be looking at a lifetime rental cost of $599,242, or $46,096 per year, which is the highest in the U.S.

But it’s not just about geography. The study factored in that renters often move every couple of years, don’t recover about 25% of their security deposits, and spend a considerable amount on furnishings — some of which might be unnecessary or extravagant.

4 Tips for Keeping Your Average Lifetime Rent Costs Down

Now, before you start panicking at the thought of handing over a small fortune to a landlord over the years, let’s talk strategy. Here are 4 ways to minimize how much you spend on rent in your lifetime:

Renting a place to live for at least some period of time in life is unavoidable for many people, and some people spend their entire life renting. There’s absolutely nothing wrong with renting. But if you want to buy a home in the future, every year you spend renting nips away at the money you could be saving toward a down payment.

Hopefully just being aware of how much money gets spent on rent by the average person will give you enough motivation to put some of these tips into action, and cut down on how much you spend on rent, no matter how long you’re a renter!

The Takeaway:

Renting can drain a significant chunk of your paycheck over your lifetime, with the average American spending over $333,000 on rent and related expenses.

To cut down on these costs, consider staying with family longer, or at least minimizing the number of moves you make, avoiding damage to your rental, and furnishing frugally, if you do rent.

Or, turn the equation around entirely and become a landlord! Buying a multi-unit house, or a single-family home with extra space you can rent out, could not only save you from spending hundreds of thousands on rent in your lifetime, it could make you money instead.

When you’re under contract to buy a house, it may be tempting to ask the seller for certain accommodations.

Sometimes sellers are super cool and agreeable with anything the buyer of their home requests during escrow. Others, not so much.

Obviously a lot depends upon the seller you’re dealing with, and the dynamics between you. But here are 5 common requests buyers make before closing day, that even the coolest seller may not agree to:

1) Endless Visits to the House

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Of course the seller will expect you to need to get into the house for the necessary home inspections, and maybe even a pop-by or two for personal reasons. But some buyers think they can just ask to come over as much as they want to, and whenever they want to, to take measurements, get estimates from contractors, or even just to show their friends and family the home they’re buying.

Try to keep your need to swing by the house down to a minimum. The owner is still living there, and living their day-to-day life, on top of getting ready to move out. They don’t need a parade of people constantly coming through their home.

2) Moving in Early…

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It’s not uncommon for a buyer to be in between places to live for a period of time before closing on a home. It could be because their lease ended, or the house they were selling closed sooner than the one they’re purchasing. No matter what the reason, it can be difficult and/or costly to find a short-term place to stay, so some buyers ask the seller if they can move in before closing day, and offer to pay rent for that time period.

That’s a tough request if a seller is trying to time their own move. But even if the seller has already moved out of the home you’re buying, they may not agree to let you move in early. While you may have no bad intentions, many sellers hesitate to agree to this because they don’t want to take on the legal risks involved with having a tenant, especially if the deal ends up falling apart before closing day.

3) …Even if It’s Just Some of Your Stuff

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And that also goes for your belongings. They may have plenty of space in the garage, their attic, or basement, but that doesn’t mean they want you storing your stuff in it. Again, not only is it just the inconvenience or disruption it may cause in their lives, but it can also be that they just don’t want any legal issues if things go wrong before closing day.

4) That Also Applies to Deliveries

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It’s pretty common for a piece of mail to be delivered to your new house before you even live there, since you’ll likely be changing your address ahead of time with many of the important contacts and services in your life. But deliberately sending things you’re ordering on Amazon and Wayfair to the house in order to save some effort on moving day is a no-no.

5) Getting a Head Start on Renovations

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Whether the house is a fixer-upper, or move-in ready, there’s usually some kind of project a buyer wants to get done before they move in. But that paint job, or floor sanding should be scheduled for after the closing date.

It’s one of the largest and most expensive assets most of us will ever own. It’s where we lay our head down at night, the place we make memories and call home. Selling it can be one of the most overwhelming and stressful experiences you may ever go through. So here are 18 tips for living in your home while it’s for sale to help you through the process:

  1. Yes, make the beds every day!
  2. If you smoke, don’t do it in the house! And if you’ve smoked in the house it would pay to have a restoration company come try to treat it or consider having it completely painted to rid the smell.
  3. Dishes up. 🙂
  4. Keep closets and storage areas organized, the larger they appear the better!
  5. Keep it smelling nice. If you cook something strange, air it out!
  6. Keep the temperature comfortable and season appropriate.
  7. Fresh flowers inside and out are always a nice touch.
  8. Keep your refrigerator clean and organized in case they look.
  9. Keep your trash cans emptied.
  10. Keep the floors vacuumed.
  11. Keep the yard tidy.
  12. Leave whenever possible and take pets with you; it makes the buyers feel more at ease. You want them to take the time to appreciate your home, right?
  13. Don’t talk to the other agent or buyer directly more than you have to. You hired your agent for a reason, so let them do their job.
  14. Be prepared for lights to be left on, doors left unlocked, and heaven knows what else I’ve had happen over the years. It’s not often but it’s also not the exception to the rule unfortunately these things happen sometimes.
  15. Wait patiently for feedback from your agent. Sometimes it takes a few days to hear back from the other agent and the buyer.
  16. Be as patient as you can throughout the process and try not to blame your Realtor if it doesn’t sell right away. If you chose the right agent, they have no reason in the world not to do everything they can to get your home sold as soon as possible and for that matter, for as much money as possible. They don’t get paid unless and until you get paid.
  17. Remove any really valuable items. Consider taking them to a safety deposit box or storage unit just to be safe.
  18. Breathe. When it’s meant to sell, that right buyer will come along. 🙂

For many people, a large, sprawling home is part of the American Dream. But with additional space comes bigger utility bills and oodles of upkeep. Depending on your lifestyle, you may suddenly find yourself with more house than you actually need or want.

While the thought of moving to a modest home can be daunting, you don’t need to sell off all your belongings and join the tiny home craze to downsize effectively. Also, as you shed square footage, you’ll find that you gain a range of benefits that make a big difference to some homeowners.

Wondering if it might be time to look for a smaller abode? Ask yourself these seven questions and you’ll have your answer.

1. Is routine maintenance taking up too much of your time?

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If you find that your weekends suddenly slip away as you attempt to keep up with your landscaping or just maintain your home’s interior, you may be ready for a little less housework. Sure, you could hire someone to take care of these tasks for you, but that’s less money in your wallet.

2. Do you have too much house?

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Are there some rooms in your home that you don’t enter for days at a time? Even if you’re not using them, you’re still paying to heat or cool them. (And did we mention dust and vacuum them as well?) Unless you’re planning to try your hand at AirBNB and rent out a room or two, you may want to think about downsizing.

3. Are your house-related expenses eating away at your savings?

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If your income has shrunk due to retirement or an unforeseen unemployment, you don’t want to have to tap into your savings each month just to make ends meet. A smaller house will require less maintenance while lowering your utility bills. You can also consider downsizing in an area where the cost of living is lower so your overall expenses will decrease.

4. Has your home appreciated substantially?

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Are homes in your ‘hood fetching top dollar? This could be the time to lock in your profit and
add that windfall to your retirement savings. Or, spend a little and see the world beyond your picket fence. Vacationing is easier when you leave behind a smaller home — especially one like a condo or townhouse where outdoor maintenance is handled for you.

5. Are you feeling isolated?

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If the kids have moved away and your neighbors have also downsized, you may feel like you’re the last man standing on your block. If the only person you recognize in your area is your mail carrier and that leaves you feeling isolated, it may be time to plan a move to a place where you’ll see some familiar faces.

6. Has your lifestyle changed?

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Even if you once reveled in the majesty of your two-story entryway, if the thought of climbing 28 stairs to get to your bedroom now leaves you wanting to sleep on the couch in the living room, it’s time to move. As many homeowners get older, they seek the ease and convenience of one-level living. If your house has become too large for you to comfortably and safely maneuver, make a change.

7. Are you sick of having too much stuff?

Hoarder Trash GIFfrom Hoarder GIFs

Whether you’re looking to explore the minimalist lifestyle or just wondering when and how you’ve accumulated so much stuff, you may want to consider streamlining your belongings. Holding a garage or estate sale is a great first step when thinking about downsizing. Organizations looking for donations abound online, with many offering free pickup and removal. Living in a tighter space forces you to really take stock of each item you allow through the door. Though it seems counterintuitive, having a smaller home may force you to really stay organized and not let clutter dominate your dwelling.