Selling Your Home
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Sometimes, life just hands us the inevitable: just when
everything seems right with your home, something happens and you have to sell
your dwelling. No matter what your reasons are for selling, remember that
now is no time to dawdle, the process of preparing a home for sale can take a
month or more. So, here's how to start:
1. Take a Fresh Look at Your Home
Your home looks great to you, but a buyer wants to see it
since he and his family will be living in it -- so take fresh look at your
dwelling. Hop in your car, drive around the block, and then scrutinize your
home as a prospective buyer will see it for the first time. First, consider what's
called "street appeal;" does it need washing or painting? Does the
driveway need repair work? Is the landscaping in good shape? Remember, be very
critical; your buyer will be.
Next, pull into the driveway and take a good, hard look. Is the yard neat and
trimmed? What about the view from the front yard? Then, walk inside and size up
the interior as though seeing it for the first time. Take a tour and imagine
what your real estate agent might say about each room, look into cabinets, open
doors, check out the bathroom.
Then, make a mental note of the things that might put off potential buyers,
along with another list of the things that first attracted you to the dwelling.
Remember, the home's become a great place for you, but a new buyer will see
things that you don't.
2. Clean Out the Clutter Before You Start to Sell
Before putting your home on the market, get rid of clutter
in every area -- closets, attic storage, kitchen cabinets, drawers, bath
vanities, and shelves -- everywhere. Remember, this is no time to be
sentimental: if you don't use it, lose it. Potential buyers are seriously put
off by clutter, and most of us drag a lot more things through life than we
really need.
Also, don't forget the furniture and fixtures when getting rid of clutter --
most of us put too much in too little space, which makes a buying prospect,
think your home is too small.
Then, have a great moving sale with all the stuff you've collected and use the
proceeds for paint or whatever other materials you need for repair projects. If
you just can't bear to part with some possessions, store them in the attic or
some other place that's out of sight to a potential buyer.
3. To Sell, Sell, Sell -- Clean, Clean, Clean
After you've cleared out the clutter, it's time to really clean.
Have the carpets professionally cleaned, strip and polish the floors, scour the
bathrooms, go over the laundry room, polish the furniture, scour out the
cabinets, wash the windows and window coverings, and spiff up the ceiling fans
and kitchen appliances. In short, clean everything.
Don't forget the exterior; paint or power-wash everything that needs the work.
Remember, this is a ceiling-to-floor, roof-to-foundation clean-up project.
4. Get More for Your Home: Repairs Pay Off
After you've cleaned the place to within an inch of its
life, the next project is making all the repairs necessary to attract a buyer.
So, patch up the roof, touch up all the paint, repair the screens, spruce up
the porch framing, and make your entry area really shine. Don't forget to water
the lawn and landscape beds, and take the time to trim, mow, edge
and get rid of sick or dying plants. Inside, fix the grout in the bathrooms and
on tile floors, adjust any doors that need it, fix any scratches on the walls,
cover any stains, and be sure to fix any plumbing problems. Remember, do what
your home needs before the first buyer appears at your door.
Also, it's a good idea to get all this done before getting the real estate
broker to make the first listing -- a good agent will advise you on what needs
to be done. Also, if you have friends willing to be brutally honest about what
your home needs to sell, invite them to assess the fix-up needs.
There is, however, an alternative to the sweat equity you get from a total
fix-up --but it carries a price. An "as-is" sale keeps you from doing
all this work, but a buyer will assess about twice the price you would have
paid for the repairs. Then, the buyer will deduct that amount from your asking
price before making an offer.
5. Putting Your Home on the Market: Show It to Sell
It
After you have cleaned, shined, mowed, and generally whipped
your property into shape, it's time to attract a buyer.
Regardless of who markets your home, you or a broker, there are other, small
things you must do to attract buyers. For example, even if it's bright
daylight, open the blinds and turn on the lights. Also, open all the interior
doors to make the home appear roomier. Be sure to remove all your kids and pets
-- they're cute, but a prospect wants to see your home, not your pride and joy.
In addition, make sure your pet's litter pan is clean so the home smells clean
and fresh, not like air freshener. Remember, you need to make sure your home is
available to be seen by a prospective buyer with as little notice as possible.
That means less than an hour, or even five minutes, if possible.
6. Get a Sense of the Market
Before you put your home on the market, take a weekend day
to check out the competition: homes with similar prices and in similar
neighborhoods. Remember, you don't have to go out and buy new furniture just to
look like that beautiful new model in the new development -- what you want is
the feel of that new model -- clean, uncluttered, and fresh.
Remember, after location, the most important item to a buyer is a well
maintained home. Many flaws can be overlooked if the buyer knows he can move in
without a lot of trouble and expense.