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Selling a Home
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 a 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.
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