Monday, March 14, 2016 / by Kimo Quance
Spring is only a few months away, and it will soon be home-selling season again. While the housing crash of 2007 may have temporarily shaken the market, the combination of low mortgage interest rates and increased demand, means the real estate industry is experiencing a steady recovery.
People decide to sell their homes for many different reasons; whether it's relocating to another city, or looking for a bigger space for their families. But wanting to sell and actually selling are two different things. We'll be the first to admit it, selling a home is no small feat, especially when you hope to sell quickly and at the price you want.
Some realtors have 100+ point checklists to help prepare homes for sale; everything from coordinating colours to contracts. We don't you to have to use such complex documents; instead we'll walk you through some of the more important tips to consider, if you want your home to sell for maximum value.
When selling, most purchase contracts include a home inspection by the potential buyer. This is usually the seller's chance to impress the buyer enough, to make them pay the asking price. It's no wonder some sellers simply opt to pay a stager to prepare the property for viewing. But, what if you can't find a stager on short notice? Or you just can't afford the extra cost?
We understand that not everyone wants to spend a lot of money 'fixing' up a home they're going to sell, so most of these tips will not involve you spending lots of money.
Start with a thorough Declutter
It's your home and over the years, you've probably amassed a lot of 'personal' stuff. But all that 'stuff' may be what's detracting from the beauty of your home by hiding its features. A cluttered home can also come across as being poorly maintained. Don't scare your buyers away; pack away your knick-knacks, photos and books.
You may even earn some money by selling some of that 'stuff'.
With the clutter gone, and more of the property visible, it's time to make those repairs you've been putting off. Whether it's unfinished repairs or any unfinished projects, they'll only reflect poorly on the overall state of the house. Any doubts about the maintenance of the home (ergo, its safety) will send prospective buyers scampering. Avoid this by making all necessary repairs.
Oh no, this won't be your everyday clean, or even your guests-are-coming clean. This is going to be your as-seen-on-TV clean! Make sure all rooms are clean and tidy (if they contain any furniture), but pay special attention to rooms that buyers are most interested in i.e. the kitchen, bathrooms, living room and the master bedroom.
Clean from top-to-bottom, left-to-right, all corners and crevices; no surface can be overlooked. Clean behind and under all kitchen appliances, in-between tiles in the bathrooms. Check carpeted areas for well-worn or stained areas. A stained carpet is an instant turn-off to potential buyers, therefore, you should try to get the carpet professionally cleaned.
Spruce up the Paint
Yes, we are trying to keep costs low, but think about it. A fresh coat of paint will liven and brighten any space. If you are really watching your expenses, paint only the most important rooms in the house. Be sure to paint the entryway, kitchen or master bedroom, as these are rooms that most buyers look at the hardest. This selective painting helps you maximize your presentation effort while minimizing keeping costs low.
Make a good first Impression
Making a good first impression really counts towards selling your home. Many realtors advise sellers to plant flowers in front of the home, to add a splash of colour. Speaking of first impressions, you should also endeavor to create the right vibe. Open windows to create a warm, welcoming feeling throughout the property.
One of the reasons you are showing the home is so that the buyer can 'see' themselves there. To help them visualize this, depersonalize the right rooms in the house, i.e. the living room, kitchen, master bedroom, dining room, bathroom and the guest room.
The Kitchen (Optional)
The state of the kitchen can make or break the sale.
However, before you start upgrading, remember that doing up a kitchen can quickly become very expensive. Depending on the value of the home, you can choose which kitchen upgrades will be worth the price. Some of our favorites are:
- Adding an island with storage options; this increases storage space in your kitchen.
- Update counter-tops by installing solid-surface counter-tops like natural stone or quartz; these add to the perceived value.
By sprucing up your home with these tips, you are much closer to selling at a favorable price point.
With the house ready to go, how do you make sure the selling process is easy, convenient and hassle-free? Plus, with all the sprucing up, you may be worried abut underselling.
The Quance Group
To determine the best selling price of your home, it's best to consult with a realtor. They can use their experience to assess the market, your home, and recent local sales to help you come up with an excellent selling price.
Finding a reliable realtor can be difficult, so we'll make it easy for you. If you want to sell your home in Santee for maximum return, look no further than the Quance Group. The Quance group are professional real estate agents, with one thing in mind; getting their clients the offers they want. No inquiry is a hassle, as they are dedicated to providing the best customer service, for both buyers and sellers.
For properties in the Santee area, the Quance group are your local community experts. Before you start on this list of home upgrades, contact the Quance group; you'll be glad you did.
Image Courtesy: flickr.com/MarkMoz