Spring – our busiest home selling season – is right around the corner. You will only get one chance to make a good first impression in real estate; if you want to stand out from the competition, maximize your sale price and sell quickly, your house needs to go on the market in tip top condition.
As soon as the listing of your home goes live, the days on the market start ticking. In the current Internet age, with easy access to a lot of up to date information, home buyers will definitely punish any seller whose house has been on sale for many months. If you cannot make the effort to ensure that your home is in its best condition, you should hold off on listing.
Prepping the house rarely occurs within one weekend. It takes thoughtful planning and time. If you are planning to sell your house this spring, below are a few steps you should take now.
It might seem counter intuitive to spend your cash on a property inspection, but you should know about the condition of your home. If there are issues – big or small – you should address, it’s better to know about them early enough so that you can either account for them with a lower-listing price or remedy them before going to market.
The last thing you want is for the home buyer to discover flaws once they’ve made an offer. For example, the inspection enables you to know about your home’s nearly-dead furnace or bad roof now instead of being surprised later. You’ll likely get stuck paying more under these conditions than it would cost you to resolve the issues now.
As you are preparing to sell your home, you should think of it as an investment and begin to look at it through the eyes of the market and the potential buyers. When you are trying to sell your house, the less is more approach applies.
Put away personal items and big furniture. Put away or store all the things you will not be using until you move into your new house. In the kitchen, you should make space in the cabinets for the items you’ll want to use every day, but will want to put them away for the showings.
It is quite common for home sellers to make cosmetic improvements before they list their homes. Bathrooms and kitchens sell your house. You should plan to have the grout in your bathroom cleaned and have some of the walls of the home painted so that you can give it a fresh look. By doing this, you also enable the potential buyers to more easily imagine how they can adapt the rooms to their requirements.
You should also take color down a notch. You may like your lime green bedroom, but it might sour the buyers. Paint the walls a neutral color which will appeal to a wide range of home buyers.
Consider painting kitchen cabinets, cleaning rugs or refinishing hardwood floors. If you are planning to list your house in the spring, you probably already have a good local estate salesperson helping you by now. Get their advice and ask for referrals to do the work. There are lots of inexpensive contractors who can help spruce up your home quickly.
The vast majority of today’s home buyers work with trusted real estate salespeople and lawyers who are not afraid to protect their client’s rights as a homebuyer.
When selling your home, there are issues you absolutely must disclose to a buyer, and issues that do not. Making a mistake either way can cost you a sale – or result in a costly legal battle. Talk to your real estate salesperson about any issues with your home and protect yourself against potential litigation.
The sale of your house is probably one of your largest financial transactions. You should get a real estate salesperson on your side early, and also make a list of the tasks you have to complete before listing your home this spring. Now is the right time to have these discussions. A good strategy and some smart planning will ensure a profitable, quick and painless home sale.