In today's real estate marketplace, there is one undisputable fact. There are more homes and condominiums for sale
than there are buyers. When selling your home, I must ask you, "what is your motivation?".
If you had previously purchased your property with the expectation of flipping and making a killing, this may not be the
right time for you to sell unless you are trying to avoid a financial delema. If you have owned your home for three to five years
and have decided to move out of the area, setting your sales price should be a well thought-out decision.
You’ve decided to put your house on the market and make
that big move. Here are some tips on making your house show better to
prospective buyers.
We are all notorious for our decorative flair. . .
painting walls bold colors and collecting statues, paintings, photos and knickknacks.
An unsuspecting buyer might think that they had just walked into a museum or
a trendy boutique rather than someones home. Some homes are so cluttered from years of
being a packrat that it is next to impossible
to see how much space is actually there for all of the stuff. Your
Real Estate agent shouldn’t have to clear a path as they show your home.
Homes that are uncluttered and are painted neutral colors show better and
give the appearance that they are larger than they actually are. If you are
serious about selling your home and don’t want to waste your time showing
your place over and over again to no avail, I suggest a serious makeover.
Think of your taste in decorating in terms of ones' taste in ice cream. Some
people like pistachio. Although, pistachio is mighty tasty, there are more
people who will settle for vanilla than pistachio. If your taste for
decorating is pistachio, there will be a few buyers who will fall in love
with what you have done. The majority will pass and would have been attracted
to your home if you would have toned it down a bit.
A fresh coat of paint goes a long way toward sprucing up your home. Select neutral
colors like white, off-white or light beige. I know what you’re thinking. How vanilla!
But trust me on this one! Secondly, go through every room and start packing
up those stacks of outdated PEOPLE magazines, travel guides and
newspapers and throw them into the recycle bin. It may be a good time to hide
anything that might be of a extreme personal nature. It’s also a
good idea to go through your closets and start donating unused clothing to
your favorite charity. By emptying half of your closet space, your closets
will have the appearance of being more spacious than they really are.
Buyers have a hard time imagining living in a house full of your stuff. They
want to be able to imagine living in their new home filled with their stuff.
It's a scientific fact that people who own pets tend to live longer. It's
also a fact that people who don't own pets will pick up on the smell of your
babies the second they walk through your door. Even that little accident that
Chopper made on your living room floor that you thought you thoroughly
steamed out of your carpet may carry a lingering odor. And you know that
litter box that you keep under the bathroom sink? Bingo! Very unpleasant to a
non-cat owner.
When preparing to show your home to a prospective buyer, it's a good idea to
spray the place down with room deodorizer and burn scented candles when
possible to mask any telltale smells. I know that you've become accustomed to
those familiar odors (of course, it's your home), but you don't want
to run the risk of turning off a buyer over something that's so easily
remedied.
If you intend on staying in your house until it sells, don’t go manic on us.
You want your house to look lived in. Just keep it clean, uncluttered and
neutral.
Lastly, consider allowing your Real Estate agent to place an electronic
lockbox on your house. The lockbox contains the keys to your home and allows
for easier access to agents who want to show your house. By making your home
more accessible, you are increasing the likelihood that a prospective buyer
will see your home and fall in love with it.
What buyers are looking for
By Marshall Loeb
MarketWatch
Posted January 21 2007
Selling a home is never easy, but in this housing
market it's going to be even more difficult. All is not lost, however. There
are ways to make your home more appealing to buyers, which could result in a
faster sale. Many homeowners make improvements before putting their home on the
market; the key is in doing them the right way.
Mark Nash, author of Real Estate A-Z for Buying and Selling a Home and 1,001
Tips for Buying and Selling a Home, says that sellers in 2007 should
consider the trends that are going to be popular with home buyers this year.
After surveying 923 real estate agents, Nash has the following eight
suggestions for making your home attractive to buyers:
If you're redoing a kitchen or bathroom, consider using glass tiles instead of
ceramic ones. They're gaining popularity again because of reflective qualities.
Avoid installing a bowl-shaped above-the-counter bathroom sink. They look
pretty, but have proven to be harder to maintain and keep clean.
Use engineered stone compound for kitchen countertops. The material is less
expensive than granite and is expected to be the latest trend this year.
Don't install too many glass cabinet doors in your kitchen. They look better in
magazines than they do in real life -- where homeowners must keep their
cabinets in perfect order or suffer embarrassment.
Consider replacing a wood or chain link fence with a wrought-iron one on your
property. Wrought-iron fences portray a look of luxury.
When repainting trim for shutters, doors and window frames,
go with bold and deep colors. And don't get rid of the trim around interior
window openings -- it only looks cheap.
If replacing floors, avoid bamboo wood. This flooring was popular when it
debuted, but now users are saying that it is easily dented and scratched. It is
also more likely to warp because of weather and humidity.
If you're adding new construction, don't employ concrete blocks in exterior
walls. They are not attractive and are more likely to leak moisture if not
properly installed.
Reprinted with permission from Sun-Sentinel. By Marshall Loeb.
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