Let's face it we all buy with our eyes first! I myself have been known to choose a bottle of wine just for the label – heaven forbid. Selling your home is no different from selling any other product. A house that is visually attractive and “sparkles” on the surface will sell faster than its shabby neighbour, even though both are structurally well-maintained.
From experience, all real estate agents know that a “well-polished” house appeals to more buyers and will sell faster and generally for a higher price. Sometimes this can be a hard concept for us to sell to sellers as it can seem like a lot of work, effort, and money. Although at the end of the process when the contract is done and dusted I have never met a client that wasn’t happy.
You see its pretty simple, buyers will always feel more comfortable purchasing a well-cared for home because if what they can see is maintained, what they can’t see has probably also been maintained. Buyers are cynical by nature and so they should be its a big purchase. So if there are a number of obvious maintenance items before they have even walked through the door….well…you know how this plays out, and its usually in the form of a low sales price.
Time and time again I see this in the marketplace, that buyers are always more enthusiastic and more prepared to pay that extra dollar for the well-presented home.
I am always asked about the general things that need to be looked at in preparing a home for sale. As a professional agent, I usually have a home preparation team come in and provide the work plan for my clients to work from. But for those who aren’t quite ready to sell yet, here is an overview of what I generally suggest.
In preparing your house for sale, consider:
How much should you spend?
In preparing your home for the market, consider carefully the money you spend as large scale expenses will not necessarily equal an increase in sale price. Buyers will be impressed by a brand new roof, but they aren’t likely to give you enough extra money to pay for it. There is a big difference between making minor and inexpensive “polishes” and “touch-ups” to your house, such as putting new knobs on cabinets and a fresh coat of neutral paint in the living room and doing extensive and costly renovations, like installing a new kitchen.
Always use a local expert (like me !), who is familiar with buyers’ expectations in your neighbourhood, I can advise you specifically on what improvements need to be made. Don’t hesitate to ask for advice.
Maximizing exterior and curb appeal
Before putting your house on the market, take as much time as necessary to maximize its exterior and interior appeal. Tips to enhance your home’s exterior and curb appeal:
Maximizing interior appeal
Enhance your home’s interior by:
It may seem daunting but the results are well worth it. I like to compare the process to a project call “Let's increase the value of our home”. Let's face it if, at $10,000 maintenance plan generates you increased buyer numbers and an additional $100,000 over your expected sales price to match, it will be the best tax-free money you can earn.
I specialise in assisting families in getting their homes ready for sale. It's my passion to help families make sure they don’t leave any money on the table and squeeze every dollar they can out of the market place. After all – you don’t get to do it twice!