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Selling a property
is a very important step in homeownership. So now
you're going to sell your home and, of course,
want to get the best possible price. For starters,
you'll want to start by making a list of projects
needed in your home and others involving a real
estate agent. Preparing a House for Sale requires
several steps. Your first step in preparing your
home for sale is to create a list of things to do
including talking to your bank and any mortgage
and other financial needs. This consumer guide
is designed to help, but you must also consult
with an experienced real estate agent who
regularly handles properties in your neighborhood
and community. If you are still trying to decide
which real estate agent will list your home,
creating a things-to-do list is a good exercise
that will tell you a great deal more about a real
estate agent's experience and how comfortable you
are working with him or her. Preparing a list will
also help you, if decide to sell your home on your
own. Since you will still need to fix up many
little things prior to putting it on the market,
this list will get you on the right track prior to
selling your home.
What to Do with Your List : After you have
identified everything that you will need to do to
prepare your home for sale, review the list to
make sure that all permits and documentation are
in order to present to the buyer at time of
closing. Look at the overall list and decide which
things you want to handle yourself and which
require expert help. Keep in mind that sorting
through the clutter will take a lot longer than
you anticipate; therefore starting early is a good
idea. Nearly all do-it-yourself projects take
longer than you think, so you must be realistic
about what you can accomplish on your own and what
you need expert help with. In general, you will
save if you do it yourself, but things like
roofing and floor refinishing are almost always
better left to the professionals. You will want to
avoid a lot of last minute hassles and expenses by
having the professionals coming out to do things
that you have never got around to. That is if you
do not want to risk putting yourself in the
position of having to show the house before it's
really ready.
Your next step is to group projects by type and
expense. Group all plumbing things together, as
well as cosmetic repairs, such as painting,
flooring. Sometimes plumbing companies also deal
with heating issues, so they can be grouped
together as well, and then group electrical
to-dos. Don't forget phones, doorbells,
thermostats and outside lights, and landscaping to
make the property appear more attractive. Either
painters or anyone doing major repairs or
remodeling for you can usually handle small
carpentry and drywall repairs. Roofers can also
handle exterior caulking and anything to do with
vinyl or aluminum siding as well as gutters. Often
difficult to find is someone to do a very small
job. If you cannot do it all by yourself then try
and pair it with a larger project or group of
projects to make an attractive overall job for a
contractor. Grouping things in this manner will
usually also save you time and money in the long
run.
Your final step to is lay out projects so that
everything happens in logical sequence and you are
caught off guard doing them all at the last
minute. Involving a real estate agent: Involving
the real estate agent as you make your list is
important for many reason, but more importantly,
there are two: First, an agent experienced in
working with homes in your area is the most
qualified person to tell you how your home will be
perceived by potential buyers. For instance, an
experienced real estate agent can tell you whether
the kitchen needs painting or needs a new floor or
new countertops, or all of the above. Second, a
real estate agent is trained to be objective and
view your home through the eyes of an outsider,
just as potential buyers will. Things that look
perfectly fine to you because you have been
looking at them for many years may stand out as
needing attention in the eyes of an objective
observer.
It is important to listen objectively advice from
Real estate agents as they can be a great source
of resources, but are nearly useless if you make
it clear that you don't want any bad news. We all
become quite emotionally attached to our homes,
but being informed of our choices beforehand can
make the home selling process a lot less painful.
In many ways, your home is an extension of
yourselves, and it is difficult to have someone
tell us that the shade of paint we picked out for
the den is a liability when selling the house. We
are bound to be a little hurt and will often
respond defensively, wanting in effect, to
shooting the messenger -- our Realtor. The reward
for providing you with what he or she feels is
good advice, is that ultimately, it will help you
sell your home. Instead, we should make a decision
up front: do we want good helpful advice or do we
want to hear only what makes us feel good? Just
hearing what makes us feel good can end up being
quite expensive when the final sale price for your
home is determined. A house that doesn't show well
can also take a long time to sell, ending up on
the market for over a year or more. A Realtor does
not want to lose a listing; therefore if we make
it clear that we don't want to hear anything
critical about our home, he or she won't offer
such information.
Making Your List : Now that you have found an
experienced local real estate agent, and you've
made it clear in voice and action that you want
their professional clear analysis of what needs to
be done to prepare your home for sale. Using the
following discussion of six major factors as your
guide, you can help you to methodically develop a
list of what will need to be done and why. Your
real estate agent can help with the details and
help decide how far to go with each project, and
which not to pursue
One of the most important issues in determining
the salability of your house is how inviting
potential buyers find it from the street or curb,
that is why landscaping is so important when
selling your home. It doesn't really matter how
inviting you find the house, because whether the
house is inviting to you or not is based on a
whole range of factors that may be
incomprehensible to a newcomer, therefore you must
make it more appealing to a wide range of people.
Your real estate agent, as a newcomer with no
special emotional attachment to your house, is in
a better position to appraise your home's
appearance in a way that comes close to what a
prospective buyer sees. Curb appeal is critical
because many potential homebuyers will only drive
by your home, and not view it from the inside. If
they decide to go on without stopping, they're no
longer a prospect and your odds of selling your
home at a good price just dropped considerably. If
at all possible, when preparing your house for
sale, you want to insure that every person who
stops and looks at the house from the curb to be
adequately charmed in that they want to come in
and see more. Once inside the house, they have a
chance to establish the emotional links that
really drive buying decisions. Curb appeal is made
up of three principal components: the front
entrance, the entire front of the house, and the
landscaping.
When Preparing a House for Sale roughly the same
considerations for curb appeal are used for the
front entrance of the home. The front door, porch
and any neighboring windows and structures form
the focal point for the eye and for the heart as
well, for the buyer. The importance this image it
carries in proportion to the relatively small part
of the field of vision it occupies. The door needs
to look sharp, and a fresh coat of paint is
usually a good idea. If the door does not have a
small roofed area, the addition of one can
sometimes dramatically improve the overall
appearance of the house. Freshly painted or
polished doors a-hardware can also make it more
attractive. Easy-to-see house numbers, a freshly
painted mailbox, and an attractive, functioning
porch light is also important. The doorbell should
also work reliably. Railings and spindles should
be in good repair and freshly painted. Sometimes a
drab entrance can be dressed up substantially with
a couple of potted plants.
After checking out the entrance way and completing
your to-do list, look at the rest of the front of
the house, and ask yourself, is the siding clean?
Paint in good shape? Are shutters in good
condition, freshly painted and are hung straight?
Are the windows clean, free of spider webs and
vines and in good repair? If you have
old-fashioned windows with putty coming out and
paint peeling, it is probably a good idea to
replace them with modern thermal windows than it
does to try to restore them. Are the gutters clean
and sharp looking and hung properly and securely?
The third major component of curb appeal is the
landscaping of the house.
The Landscaping includes the lawn, plants and
other structures such as retaining walls, walks
and steps. Getting the lawn in shape usually takes
the better part of a year, depending on when you
start, so planning this part of the exterior work
should be done far in advance as it is important.
The lawn doesn't have to be perfect, but you will
want it to be one of the nicer lawns among homes
that are logical competitors to yours. Your real
estate agent can help you figure out how far you
need to go, when preparing the exterior of your
home. The trees and shrubbery need to be well
trimmed. Many older homes have overgrown shrubs
and weeds that hide the house and make it look
smaller than it really is, this is rarely a plus
to buyers. The garden beds need to be well defined
and freshly mulched. Sometimes the addition of a
few flowers or flowering shrubs can really dress
up a house and make it seem more attractive.
Walkways, steps and walls should also be in good
shape. Sometimes the best bet is to have a mason
apply a top layer of brick or flagstone over the
old concrete if the front walk is starting to
break up. In this way a minus gets converted into
a substantial plus for the exterior.
Once you've checked out these factors that may
drive up curb appeal, you need to look at any
major deficiencies in the rest of the home. A
leaking roof or wet basement should be dealt with
far in advance, and walls painted over. Often,
partway solutions aren't enough, to make a home
presentable. If a discerning eye can tell that the
roof is at the end of its useful life, a repair on
a leaking portion probably won't suffice, and may
delay or put off a potential buyer. People can
still assume they need a new roof and will
typically reduce their offering price by an amount
greater than the cost of the new roof. Some people
will rule out your home because they just don't
like dealing with expensive repairs, such as roof
replacements. The same is true for wet basements,
that don’t have sump pumps. If you think it's a
grading problem and perform some of the re-grading
work yourself, it may or may not take care of the
situation.
Many people will assume the problem still persists
and will be looking for an assurance that can be
provided simply by installing a sump-pump system.
Today, disclosure requirements and the associated
liabilities make it mandatory not to hide current
and potential problems from homebuyers. Kitchens
and bathrooms present their own deficiency
problems and should also be addressed. The
question is whether renovating a kitchen or bath
or adding a bath will pay for itself, or possibly
more than pay for itself, by way of an increased
selling price. As a general rule, a kitchen
perceived as a negative when compared to other
houses on the market, can be turned into a
positive. If either one are not completely up to
date but is on a par with the other houses in the
market, no major changes need be made. If you do
need to fix it up however, your home seller should
be able to guide you as to what is really
necessary. Often a fresh coat of paint (even on
the cabinets), a new countertop or floor are
sufficient to bring a kitchen up to speed without
great expense.
The same is generally true of most bathrooms.
People often consider adding a bath or making a
half-bath into a full bath, but this only makes
sense if your lack of baths is likely to be
perceived as a marketing negative. Again, your
broker will likely know what other houses on the
market have or don't have and how buyers perceive
that flaw. The next major issue to consider when
getting your home ready for sale is often one of
the least expensive and the most troublesome:
getting rid of clutter. Most if not all people are
totally convinced that their homes aren't
cluttered, so the honest advice of an outsider is
vital. Because we tend to attain furniture,
knick-knacks, and doodads of clutter over the
years, we often are not aware of the amassing of
so many goods. The effect of clutter, whether
caused by expensive art, luxurious couches, books,
or any other kind of clutter, whether valuable or
worthless stuff, is to make rooms look smaller and
darker. Getting rid of all this stuff is sometimes
difficult because we've become quite attached to
it. The question is, what can you do?
First of all, you have to decide to actually do
it. Nearly all of the homes will show better if at
least 30% to 50% of the clutter is removed, from
within and the outer portions of the home.
Typically material reductions are called for when
moving time comes, but it is still difficult for
people to figure out what they are willing to part
with. To help you see the effect of clutter and
get a perspective on how it impact the sale of
your home, go to other people's open houses. Go
into a room, walk back out immediately, and
visualize in your mind how big the room is, and
then go back into the room and see how accurate
your visualization was. Now walk into a similar
room with a few furnishings spread out in front of
a wall and your mind's eye notes the room's
dimension extending all the way to the wall, and
not a limited view. Apply that same perceptual
difference to all four walls and you begin to see
how much difference the clutter makes in how large
or small a room "feels” to you.
If you are unable to take on the clutter problem
effectively, the next best way to avoid the
problem (or at least delay it) is to put things
into a local storage facility until you're ready
to sort through them or move. You can also make a
deal with the moving company, to make this a part
of your moving expense. Also you may want to
donate a lot of your goods, as this can be
considered a charitable deduction on your taxes.
On rare occasions, people get carried away with
clutter reduction and clear the room of
practically everything. If rooms are so barren
that they feel cold, sterile or unlived in,
prospective buyers will not be able to relate
emotionally to them.
Ironically When Preparing a House for Sale,
getting rid of clutter while considered time
consuming and emotionally difficult, is usually
the only preparation that leaves you with more
money than you started with! Whether you have a
yard sale, have someone else conduct a sale at
your home, or even donate it all to charity and
take the tax deduction; you'll be surprised at how
much money you can save. The most organized and
disciplined home sellers often realize enough
money from their yard sale to pay for many of the
other home improvements and spruce-ups necessary
to get the home ready for a sale. You will also
save with reduced moving expenses, because you are
moving less items!
The next area of concern is getting the interior
surfaces ready for the sale. Carpets, walls,
floors, countertops, ceilings and appliances
should all be reviewed with a critical eye.
Regardless of the surface, if you are going to
refurbish it, choose neutral colors, as loud
colors may offend some buyers. It doesn't really
matter whether you like the color, but it may
appeal to more buyers. What really does matter is
that as few people as possible will dislike the
color. With paint, that nearly always means
off-white. With floors, stick to lighter colors in
the most popular patterns, as the rooms will
appear brighter. If you are unclear about what
direction to go in, once again visit a couple of
open houses in new home developments and see what
patterns and colors they have used. They usually
spend quite a bit of money determining which
furnishings will do the most to help them sell the
homes. Don’t forget to check while you're there
the clutter level in their models!
In most cases, if you haven't done much painting
recently, it makes sense to repaint the entire
inside of the house. Sometimes it is hard to
anticipate what a difference any chances will
make. Even white walls become yellowed over time
it is still smart to put on a fresh coat of paint
as it will make the home your are selling more
attractive. The process is so gradual we can't see
it, and the old wall still looks white to us, but
after a fresh coat of paint the wall becomes much
brighter and cleaner. Don't make the mistake of
planning for piece-meal painting--a wall here, a
ceiling there--because when you repaint one
surface in a room, the contrast makes the old
finishes look much worse and you end up needing to
repaint everything anyway, therefore, paint
everything!
When Preparing a House for Sale If carpets are in
good shape, a thorough professional cleaning will
usually suffice and make them shine again. If they
are old and ratty, stained or musty smelling, you
may be better off either replacing them or
removing them and sprucing up the floor
underneath. Hardwood floors are quite popular
again, so if you if lucky enough to have those
under the carpet, consider removing the carpet and
refinishing the floors. If the hardwood floors are
in good shape, simply refinishing will usually do
the trick. If they are stained and worn, they will
probably have to be sanded and then refinished, to
make them look nice.
In bathrooms and kitchens, replacing tired old
vinyl flooring can really brighten things up. Use
good quality materials, and avoid patterns and
colors that are overly exciting to you and not
appealing to a vast number of people. In general,
if you get really excited about a color or
pattern, it is a color or pattern you should avoid
as being too loud.
When Preparing a House for Sale checking all of
your plumbing and electrical fixtures, a
systematic approach is best, and wise. Go through
each room and try every electrical outlet by
plugging in a portable lamp or outlet tester. Test
every light switch, replace bulbs when necessary,
and insure that all minor electrical issues are
addressed. In general, you want the maximum
wattage bulb permissible for the fixture to
brighten up the rooms, and remember light sells!
Also When Preparing a House for Sale each
bathroom, check each faucet, and don't forget the
shower and bathtub. Note any may be leaking or
otherwise in need of servicing and also note any
tile or caulking problems that need attention,
caulking deserves special attention. If a
prospective buyer comes into a bathroom and sees
layers and layers of caulk, he or she will assume
that you have a persistent leak and who wants to
inherit frustration? Your best bet is to remove
all of the old caulking around the shower or tub
and re-caulk where necessary. If you use masking
tape for edges and your finger for a smooth
finish, you can make the tub look sharp, turning a
liability into an asset.
When Preparing a House for Sale and review your
list of projects to prepare your home for sale,
make sure your home ends up with a couple of
distinctive features. Perhaps you already live
next to a park, have a nice wooded lot, or have a
Victorian gazebo in the back yard, these are areas
that should be highlighted. These become "selling
points" that help your real estate agent and
others entice potential buyers to your home. If
your home is lacking in selling points, and you
are doing a number of repairs, look for
opportunities to expand one or two of the repair
projects into something distinctive, and
appealing. Freshly refinished hardwood floors
would be a good selling point. If you have to
replace a rotted back porch, consider enlarging it
into a small deck at the same time.
The idea is to beautify and highlight certain
features that don't require much additional
expense, or is time consuming. Often, one of the
places this is most easily accomplished is
landscaping the property. If you need to do a fair
amount of work out front anyway, consider
investing a bit more and making it into a
showpiece to rival those in the community. A
selling point that also contributes to curb appeal
can be very effective. Keep in mind that you are
sprucing up an activity that you're going to do
anyway.
When Preparing a House for Sale, it will rarely
make financial sense to undertake major home
improvements unless the item or feature needs
substantial work.
Preparing a House for Sale by movingdeal.com
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