Sunday, March 15, 2009

Home Selling with Thoughts of the Past

In today's "new" real estate market, we are finding that the economy is being compared to times past. For home sellers, we have started thinking that the past applies now, more than ever:

"Out with the old, in with the new"
Get rid of the tired decor. Take down the dated wallpaper, paint walls with fresh, current colors. Remove all the years of clutter. Take out old furniture, move furniture around to make rooms more appealing. If you can afford to, then hire a home stager to bring in additional furniture and accessories, as needed. If not, turn to your real estate agent for advice and assistance.

"If it ain't broke, don't fix it"
But if it is broken, DO fix it. If kitchen or bath faucets are tarnished, replace or polish. Replace broken or cracked windows. Fix or replace any items that say "fixer" to a buyer. This is an area where your real estate agent can give you valuable advice on what to fix, and what can be left alone. Let's face it - after spending money for a home, not too many buyers have additional discretionary funds to do fix-ups.

"A drop in the bucket"
What you spend to fix up your home is small compared to what you will loose in value if you do not.

"A job worth doing is worth doing well"
Think of selling your home as your new "job".

"A place for everything and everything in its place"
Need we say more?

"Clean as a whistle"
Do a "deep cleaning" before putting your home on the market. This means get rid of "dust bunnies" - both inside and out. Wash the exterior of the home, clean the baseboards inside. Gently used air fresheners can be helpful with room odors. Have your home looking clean, and smelling clean.

"Pretty as a picture
Make sure the photos of your home are pleasing to the eye. This means no cars in front of the house when the exterior photo is taken, rooms are light and bright. Many times the photos are what attracts a buyer to your home. And, make sure that there are photos of your home online and in ads.

"A bird in the hand is worth two in the bush
Remember this one when you get the first offer, and it's not the sales price you had hoped for.

"There's no place like home"
That's right! It's a great time to buy a home. So, to all home sellers, our advice to you is to transform your home into the one that will best appeal to a home buyer in today's "new" real estate market.

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