10 Critical Steps To Take Before Listing Your House For Sale

10 Critical Steps to Take Before Listing Your House for Sale

Selling a house is much more work than buying a house. Just ask anyone who has done it. If you’ve never sold a home before, you may be surprised at how complex it can be. From determining the correct listing price, to navigating contractual agreements; it’s an exhausting process. The best place to start is by choosing a good Realtor who you trust and enjoy working with. Ask their advice through each step of the process and leverage their experience. A good Realtor will keep you focused on the things that will help you sell your home fast and for top dollar. Below is a list of 10 items that most Realtors will advise you to work on before listing your home for sale.

  1. Remove Personal Decorations 

    There will be many different types of people looking at your home when it is listed for sale. To encourage the most positive feedback, it’s best to create a neutral environment. The best way to do this is to remove any objects that reflect your personal choices and lifestyle. If a buyer can walk through your house and determine your religious preference, family size, profession, and/or favorite alcoholic beverage, you may have a problem. Some buyers have a hard time emotionally attaching to a home when a sellers lifestyle choices are front and center. This is particularly true when those choices conflict with theirs. Take out all evidence that you even live there and you will be on the right track. It will also help you to emotionally detach from your home and to start thinking of it as someone else’s. When a buyer has to ask if someone lives in your home, you have done your job.

  2. Hire A Home Inspector 

    Once you have an executed a sales contract with a buyer, the first thing the buyer is going to do is hire a home inspector to inspect your house. Why not beat them to it? An inspection usually costs around $300 in Abbotsford. That’s pennies in the grand scheme of things. Tackle all of the repairs upfront and you will not be surprised by buyers who supply a list of problems to take care of. Inspections are the #1 deal killer in this industry. You can eliminate the whole problem by dealing with the issue right up front. Sure, it may cost you some money out of pocket, but that is money that you will most likely be spending anyway. Buyers will second guess a house if the inspection report is loaded with issues. In my experience, when buyers know that there has been a previous inspection and all repairs have been made, they are more willing to pay top dollar.

  3. Clean Everything Thoroughly 

    Everyone has a different definition of “clean”. When you’re listing your house for sale, you need to get Martha Stewart clean! Pretend that you’re selling your house to a germaphobe. If you can afford it, hire a professional cleaning crew to spend a whole day doing a deep clean. It’s well worth the money! When a house is unkempt, it can be hard for buyers to emotionally attach to it, even if they are not clean people themselves. It’s an interesting irony that many home buyers expect the house they buy to be cleaner than the one they currently live in. This is a reality that must be accounted for. A clean house gives the impression that the property has been well maintained and is easy to move into.

  4. Remove Evidence of Pets &/or Kids 

    To sell your home quickly and for the most money, you want to appeal to every possible buyer. Not everyone is a fan of kids and/or pets. Your house may be the perfect layout, price, and design but if it smells like animals or has toys stuffed in every corner, you may have just lost your buyer. I have worked with clients that are so sensitive to pet dander that when I show them homes, they won’t even finish walking through the entire house if there is evidence of animals. Sometimes they will rule out a house simply based on seeing litter boxes in the property photos. And don’t forget the fact that you can never experience your home as a buyer would, because you live there and are used to its unique smell.Abbotsford is the most pet friendly city that I have ever lived in. Residents here bring pets when they go to breakfast, get their hair cut, or even shopping. Sometimes it seems as if everyone in this town loves animals, but it’s just not the case. There are many people with pet allergies; one of them might be your perfect buyer. Take the time to make your house appeal to them and it could pay off big time.

    Statistically, pet odors are one of the most common reasons for a home to stay on the market for a long time. A home that has been ravaged by children can be equally unappealing though. Be sure that any evidence of your kid’s presence in your home is kept to a minimum.

  5. Replace Outdated Fixtures 

    This is an easy fix that can have a huge impact. If you have brass door handles and brass chandeliers, you should replace them. It makes your home look dated. You can buy a contractor pack of brushed nickel door handles for $5 a piece at home improvement stores. If you are appealing to higher end buyers, spend some money for designer door handles. If you have old outdated light switch covers, replace them all. You’ll be surprised by how much of a difference it will make. Walk through your house and try to identify every fixture that reveals the date of the home. Replace as many of them as possible.

  6. Shampoo and/or Replace Carpets 

    Carpets show more damage than almost any part of your home. If you have carpet in your house, it’s probably going to be a problem. If the carpets are not stained and are newer, you can get away with simply getting a deep clean from a professional carpet cleaning company. If cleaning will not restore them, you’ll need to replace them.Most any Realtor will tell you that a home with worn out dirty carpets is hard to sell. If the property is a foreclosure, or priced under market value, it’s not as big of an issue. However, if you want to compete for top dollar, you’ll need to tackle this objection right away. Carpets hold a lot of dirt and odor. It’s important that they look and smell clean for your showings.

  7. Touch Up and/or Re-Paint 

    If it’s been more than a year since the interior of your house has been painted, then it’s time for some touching up. If you have paint left over from the last time you painted, use this to touch up areas when there are nail holes, scrapes, hand prints, etc. Touching up existing paint is very easy and makes your home look new again. If you do not have any touch up paint, you can try to peel off existing paint, or cut a small section of sheetrock (which you can repair later). Just do in an area where it’s not very noticeable, like in a closet or behind a door. Take the sample to a local paint store and have them color match it. You may need to do this 2 or 3 times to get the color right. Once you have a close match, use it to make your walls look new again.If you have any strong colors in your house (purple, burgundy, lime green, etc.), it would be wise to paint over them with a neutral color. I tell clients that they should not have more than 3 neutral colors in their home. The more colors, the more chance you have for objections. You can’t take it personally if someone else does not share your affection for orange. Remember, there are many different types of people and you’re trying to appeal to as many as possible. Neutral colors are the only way to appeal to the greatest amount of buyers. Even those who like strong colors are not always going to like your choices. Then you have to consider that their furnishings and drapes have to match as well. When you look at it this way it’s easy to see that the probability of your strong color choices working for most buyers is quite slim. For this reason, most good Realtors will recommend painting with neutral colors. People will rarely object to buying a home with neutral colors, but will often object to a home with strong colors.

    If you have exterior paint that is in need of restoration, take the time to work on it as well. This includes mailbox posts, fences, storage sheds, house siding, and trim work. The exterior of your home needs to look well maintained to encourage a good offer from a buyer.

    Bonus Tip: Paint makes a home smell new. People love new! If you have door trim with oil based paint, find a match to that paint and keep it handy. Before a showing, dab a little bit of paint on top of the door trim where no one would place their hands during a showing. The smell from the paint makes the home smell new. Oil based paint has a strong lasting odor so only use a little bit and do it every 15 feet, or so.

  8. Get a Storage Unit 

    If you actually live in your house like most people do, then your closets are full and your garage is packed from floor to ceiling. This is normal. The problem is that some of the homes you will be competing with are either vacant, or almost vacant. These homes show much better and buyers can visualize themselves moving in much easier.To stay competitive, it is wise to rent a storage unit and start loading it with everything that you are not going to need while your house is on the market. Start with all of your memorabilia and pack the unit with the items that you are least likely to need in the back. The more you put in storage, the better. If you have to question, “Should I store this?”, the answer is: “Yes!”. Start packing as though your house is sold and you only have a month left in it. The more you put in storage, the less you will need, because your home will sell much faster! Buyer’s love homes that look move in ready!

  9. Freshen Up Landscaping 

    Statistically, landscaping is the biggest bang for your buck when listing your house for sale. We’ve all heard about the importance of “curb appeal”, and know that first impressions are HUGE in real estate. The fastest way to freshen up your landscaping is new mulch. Spread a layer of it all throughout your landscaped areas. This is inexpensive and requires very little time commitment.If you’d like to make an even better first impression, plant some colorful flowers which will make your new mulch stand out even more. Trim any over grown plants and bushes and clean up your outdoor spaces to look new again. In a city with weather as beautiful as ours we spend a lot of time outside, so it’s likely to have a big impact on your buyer’s decision to purchase your home.

  10. Get Specific Advice From a Realtor 

    Every property is different and will have unique and specific areas to address. Experienced Realtors look at dozens of homes with home buyers every week. When we walk through your house at a listing appointment, we have buyer’s voices in our heads calling out objections. We know what buyers want because they tell us every day. Every market is different and there are different tactics for each area. A good experienced Realtor will point out all of the objections that you can expect to hear from your potential buyers. There will always be Sellers that don’t want to hear it, but this is extremely valuable information, so be sure to take advantage of it early on in the listing process.

Final Thoughts

As you read through the list above, don’t be intimidated by the scope of work. Make a list of things that you feel are important for your home sale and then plan them out accordingly. Tackle one item at a time and before you know it, your list is done. Once your house is ready to put on the market it will most likely get an offer before your competition does. Many sellers will try to avoid some of the steps mentioned above. If you take the time and expense to tackle these issues, your house should outshine the others and sell for the highest sales price possible. When it comes to selling your home, the adage “you get out what you put in” rings exceptionally true. Your efforts will be well rewarded!

 

Advertisements
Posted in Uncategorized | Leave a comment

How The Wrong Pricing Strategy Can Cost You Thousands!

How the Wrong Pricing Strategy Can Cost You Thousands!

As you’re probably aware, the list price you set for your property has an impact on how quickly it sells — and how much you earn on the sale. What you may not realize is just how significant an impact it has. Consider the following examples.

Example 1: You price your property well above its current market value. As a result, many buyers don’t bother to see it because it’s outside of their price range. Those who do see it are confused by the high price tag, (and may even be suspicious.) They may wonder, “What’s going on?” In this scenario, the home will likely languish on the market for weeks or even months. You might even have to lower the price dramatically to reignite interest.

Example 2: You price your property just a couple of percentage points lower than what is necessary to gain the interest of qualified buyers. That might not seem like much of a problem. How much can a couple of percentage points matter? Those points matter a lot. On a $400,000 property, pricing your home just 2% lower than necessary could cost you $8,000 on the sale. That’s a serious amount of money! So, as you can see, pricing your home right is serious business.

Fortunately, a good REALTOR® knows how to set the right price.

Looking for a good REALTOR®? Call today.

Posted in Uncategorized | Leave a comment

Will the neighbourhood go up in value?

Will the neighbourhood go up in value?
When you purchase a home, you’re hoping it will continually go up in value
— just like a good investment.
However, there’s something else that you want to see go up in value as
well: the neighbourhood. In fact, the neighbourhood plays a key role in what
the home will be worth in years to come. If the neighbourhood goes down in
terms of desirability, so will the market value of the home.
That’s why, when shopping for a new home, it’s important to get a feel for
the value of the neighbourhood, and whether or not it’s on the upswing.
How do you do that? One way is to simply take a walk. Look at the
properties. Are they well maintained? Is the landscaping groomed and
attractive? Those are signs of “pride of ownership” — a clear indication that
owners value their homes and the neighbourhood.
Another way is to do some research. Has crime gone up in the
neighbourhood? Are there improvements planned, such as new parks? Is
the neighbourhood attracting the kind of people you want as neighbours?
How does the neighbourhood school rank?
Some of this information may be difficult to get on your own.

A good REALTOR® can help you. Call today.

Posted in Uncategorized | Leave a comment

How To Help Sell Your Home Quickly!

How to Help Sell Your Home Quickly
Usually when you list your home, you would prefer to sell it quickly. It’s like
being the first one served at a crowded ice cream parlour. It’s satisfying.
However, sometimes there’s more to it than that. There may be a truly
urgent reason why you need to find a buyer for your property as soon as
possible, such as a sudden job relocation.
If that’s the case, it’s important to explain your situation to your REALTOR®,
who will be able to put together an action plan for selling your home quickly
and for the best price possible.
During that conversation, ask what you can do to help the process along.
For example, you may be able to:
• Spread the word to your friends and other connections on Facebook.
• Canvass your neighbours and tell them about your listing.
• Stage your home so that it’s more attractive to prospective buyers.
When it comes to price, be prepared to be flexible. That doesn’t mean you
must settle for a price far below your home’s market value. However, you do
need to be prepared to accept a good offer rather than try to hold out for a
great one.
Also be open to as many viewings and open houses as possible. Having
many prospective buyers come through your home within a short period of
time may be a little inconvenient, but the payoff might be an offer!
Finally, work with your REALTOR®. A good REALTOR® will know the local
market well and have many ideas for selling your property fast.
Looking for a good REALTOR® like that? Call today.

Posted in Uncategorized | Leave a comment

When to call a REALTOR®

When to call a REALTOR®

If you’re like most people, you go to see a doctor when you’re not feeling well or have a health concern. However, you may also visit your doctor for a check-up, or to ask questions about healthy living. In fact, consulting your doctor for anything health-related is a smart idea.

The same holds true when it comes to real estate. Many people only call a REALTOR® when they’re planning on selling their property or buying a new home, or both.

While that’s an important reason to speak to a REALTOR®, it’s not the only reason. Indeed, there are many good reasons for you to give a good REALTOR® a call. For example:

• • If you have a question about the state of the local real estate market. (Remember that it may be very different from what you hear on the news about the national market.)

• If you want to get a sense of what homes are currently selling for in the area.

• If you want to determine the current market value of your property.

• If you want to find out how much homes cost in neighbourhoods you’d like to consider.

• If you’re thinking about the possibility of making a move, but you’re not sure if it’s the right time.

• In other words, don’t be afraid to contact a good REALTOR® when you have a question or need some advice about the real estate market.

Posted in Uncategorized | Leave a comment

Avoiding Unwelcome Guests!

Avoiding unwelcome guests

There are unwelcome guests that most homeowners dread. They come into

your house, eat, sleep, make a mess, and never leave willingly. Each one

has at least six legs and sometimes flies.

They are, of course, insects. They’ve been freeloading in homes since

homes were invented. Here are some practical ways to keep these

unwelcome guests out:

Find out how they got in. Look for gaps around windows and doors,

and cracks in the basement. If you find a spider web, there’s likely an

insect entryway nearby.

Watch out for standing water near the foundation of your home. Make

sure rain gutters drain water well away.

Eliminate clutter. Insects love warm, cluttered, moist areas.

Check the seal around dryer vents and other vents, pipes and cable

wires going through the wall. Reseal if necessary.

Rinse recyclables before putting them into a bag or bin. Few things

are more tempting to a bug than the dark, moist, sweet insides of an

un-rinsed pop can.

If you do end up with a serious insect problem, call a professional

exterminator.

Posted in Uncategorized | Leave a comment

YOUR HOME AT A GLANCE

Your home at a glance

Have you ever driven up to a restaurant and your first impression was

disappointing? Perhaps the windows looked dark and gloomy, the façade

was worn and unattractive or for some other reason it just didn’t look like a

tempting place to eat.

It could still be a fantastic restaurant – a real gem. But, your first impression

has soured your anticipation. If you still walk through the front door, it will

likely be with the expectation of being disappointed.

This scenario often plays out in the real estate market as well.

A buyer drives up to a home for sale and quickly forms an impression based

on what he sees “from the curb”. That’s why you’ll hear real estate experts

talk about the importance of “curb appeal”. It’s one of the most important

selling points of a property.

If you plan to put your home on the market, you obviously want your home

to look as attractive as possible from the street. Fortunately, there are many

simple things you can do to improve curb appeal.

For example, you can trim shrubs and hedges, plant flowers, clean the

walkway and driveway, paint the front door and garage door, and clean the

exteriors of the windows. All these projects are relatively easy and

inexpensive. Yet, each can make a dramatic improvement to how your

home looks at first glance.

Don’t be like the great restaurant that’s hidden behind an unkept façade.

Make sure your curb appeal reflects the overall value of your property.

Looking for more advice on selling your home quickly and for the best price?

Posted in Uncategorized | Leave a comment