Selling Your Home? It's Time to Clean House
What can you do to boost your profits dramatically when you sell your
home? Most real estate salespeople will answer with one word:
clean.
Don't be offended. No one's saying your house is dirty, but it does
need to be showcased to its greatest advantage if you want to get the
best possible price for it. REALTORS call this "staging" your
home for sale. It involves time and effort and may cost you from a few
dollars up to a few thousand, but the payoff will be there.
How much can a little elbow grease and attention to detail actually
be worth? A house in tip-top shape priced at $100,000 will get its asking
price or close to it, while you might have to take up to 10 percent
less - $10,000 - for one without the finishing touches.
A real estate professional can advise you on specific ways to present
your home. Keep in mind that their recommendations aren't meant as criticisms.
Rather, your home is competing against dozens of new and existing houses.
So enhancing your home's market value may involve one or more of these
factors:
Curb appeal. You have just one chance to make a good first impression
and this is it. Does your house need painting? Is the driveway free
of stains? Are the lawn and shrubbery manicured? Do the screens need
to be replaced? Buyers believe the condition of a home's exterior speaks
volumes about the interior. Be sure your house makes a good impression.
Front door. A freshly painted door, new or polished kick plate
and a pot of flowers are warm and inviting. Stains, scratches, dents
and cobwebs create an entirely different mood.
Odors. The number one complaint of buyers in touring homes for
sale is bad odors. Every house has a distinctive smell that its owner
gets used to. But pungent odors - pets, tobacco, food - can turn a buyer
off. A deep cleaning and deodorizing may be essential. Consider hiring
a service if you don't want to do it yourself.
Lighting and general appearance. As the song goes "let the sunshine
in." Even if you prefer a dark house, most buyers react positively to
a light, airy home. Besides, it makes your rooms seem more spacious.
Open up the curtains and blinds, make sure the windows sparkle, wipe
the baseboards, remove fingerprints from the doors and dust blinds and
light fixtures.
Carpeting and painting. Sellers often concede that carpeting
should be replaced or rooms painted but decide instead to subtract the
cost of these improvements from the sales price. The problem is that
buyers inflate the cost of these improvements. Buyers begin making mental
deductions from the moment they arrive. If something will cost $2,000,
they may mentally figure $5,000, or if it's $100 they may think $1,000.
In many cases they just don't want to bother. Seller are usually better
off having the work done before putting their house on the market.
Colors. Bold, vivid colors may suit your style, but neutral
tones will appeal to the widest range of shoppers. A new coat of paint
will earn you far more than it costs, including labor.
Furnishings and keepsakes. If your rooms look crowded and your
closets filled, your REALTOR may suggest that you rearrange or even
temporarily store furniture and hold a garage sale before showing. You
may also want to protect your collectibles by packing them away. The
goal is to highlight your house, not your possessions.
Kitchens and bathrooms. Kitchens and baths sell houses and a
thorough cleaning of those rooms is critical. But don't forget the extra
touches. You might put some place settings around the kitchen table,
dab a little vanilla on a light bulb with a cotton ball for a nice pleasant
scent, organize the cabinets, put out fresh towels and decorative soaps.
Clutter. Whenever you leave your home, the beds should be made,
the sinks empty, the clothes hung up. That's not all. Newspapers, magazines,
books, trophies, mementos and even large clusters of photos can all
be costly distractions if they become the one thing a prospect remembers
about your house. In this case, less is more.
Perhaps you're thinking that all this staging will strip the personality
from your home. Well, experts do find that depersonalized homes sell
faster and at a better price than those left as is. Just think of the
new, furnished model home down the road - that's your competition.
Some real estate pros suggest that you compare selling a house to looking
at a used car. The dealer keeps it in spotless condition, with no reminders
of the previous owner, so shoppers can picture the car as theirs.
That's just the reaction you want when you clean to clean-up on your
real estate investment. Remember, you never get a second chance to make
a first impression.
Contact Don & Kathy Vallee at (520) 219-1024 for more information
about how to prepare your home to be sold.