Martocchia Realtors®'s Blog
It’s a competitive market for home sellers right now. That means it’s more important than ever to make your house stand out from the competition and draw visitors to your listings and open house, as well as attracting interested buyers with excellent curb appeal.
All of these preparations take time and planning. However, if done correctly, you’ll not only bring more potential buyers to visit your home, but you’ll also be able to increase your asking price based on a few key aesthetic upgrades.
In this post, I’m going to fill you in on some of the most time and cost-effective ways to prepare your house for sale to bring the most number of potential buyers.
Make a revitalization budget
Before you start spending on your home upgrades, take the time to make a budget for the things that are the most important to making your home look and feel great. This budget will help you keep your spending in check and get the most out of your sale preparations.
Start working on curb appeal
Without spending much money, many homeowners can drastically increase the curb appeal of their home. Pressure washing the siding and sealing and sweeping the driveway is a great start.
Before taking photos or receiving visitors, trim and edge the lawn and lay down some fresh mulch. You don’t need to spend hundreds on flowers to make a substantial difference on curb appeal.
To make your home stand out and look up-to-date, apply a fresh coat of paint to your front door. Choose a color that complements your home, but one that also “pops” and grabs your attention.
Declutter and organize
Preparing your home for sale also happens to be a great time to start packing away some personal belongings. Family photos and other items that are unique to your family are best left out of your photos and distract viewers from being able to picture themselves in your home.
Since our homes are built to live in, many of us keep our things in convenient places rather than tucking them away. Now is a good time to try and find ways to integrate some minimalism in your home so that visitors don’t feel crowded by clutter.
Spend money on the right items
Some home upgrades just aren’t worth the time and money they’ll take to perform before selling. So, it’s best to prioritize the things that will have the most impact on visitors and viewers of your real estate photos.
A new welcome mat and cabinet handles are a great example of inexpensive upgrades that can make a home feel new again.
Take a look around your home and find the accessories that look dated or worn and see what you can accomplish on your budget.
There are few things for a home seller that are more stressful than the home inspection. You hope and pray that everything will come out a-OK in your house so that your buyers will want to continue with the sale without asking for too many contingencies. There’s a few simple things that you can do to make sure your home inspection goes smoothly. The good news is that these tasks won’t cost you a lot of time or money. A few simple actions can save you a lot of grief in unnecessary service calls. Check out these tips to help you get through the home inspection with flying colors:
Check Your Light Bulbs
If you have a light bulb that’s simply burnt out, that could prompt the need for a check of the entire electrical system in your home. Avoid a costly visit from an electrician just by checking your light bulbs and replacing them where necessary.
Check Your Air Filters
The air filters in your home can be easily neglected and be a big problem in the home inspection process. Even if a filter looks a little gray, take the time to replace it. You should check your air filters and furnace filters for any potential problems like tears or excess dirt. For bonus points, you may want to just replace the filters before the inspection no matter how little dirt they have on them. Otherwise, a clogged filter can be a sign that your furnace or heating and cooling system isn’t working properly.
Check Your Sinks
A few dollars spent on some drain unclogging chemicals is a few hundred dollars potentially saved on a plumber. Fill up your sinks with water and see how they drain. If they’re a bit slow, get the chemicals that you need to work on unclogging the drains (such as Drain-o). If there’s a funny smell coming from the drain, be sure to address it. Lemons also work wonders on everything from drains to garbage disposals. Even some baking soda and vinegar can help to clean a drain wonderfully.
Fix Major Repairs Before Your Home Goes On The Market
If you know something pressing needs to be fixed or replaced in your home, be sure to fix it before the home even goes on the market. It’s much easier to take care of things before a buyer’s contingency and a time limit is involved. Although you may be hesitant to spend the money, you should replace certain appliances, fix the roof, or address that creaky floor before the “For Sale” sign even goes out front.
Looking to add your home to the real estate market? Ultimately, you'll want to do everything you can to maximize the value of your residence.
For home sellers, getting the best price for a residence may seem virtually impossible at times. Fortunately, we're here to help you plan ahead so you can get the best price for your house as soon as it hits the market.
Now, let's take a look at three tips to help you optimize the value of your residence, regardless of the current real estate market's conditions.
1. Examine the Housing Market
When it comes to the real estate market, it is important to understand how your residence stacks up against the competition.
Collect housing market data to learn about the real estate sector. Then, you can establish a "competitive" price for your home and boost your chances of a quick home sale.
Typically, home sellers should look at the prices of currently available residences in their cities and towns. This will enable home sellers to understand the local real estate market and establish a price range for houses that are similar to their own.
Don't forget to review the prices of recently sold houses as well. With this housing market data in hand, home sellers can find out whether they are about to enter a seller's or buyer's market.
2. Complete a Home Appraisal
Let's face it – what your home is worth today is unlikely to match what you initially paid for your residence. If you have completed a wide range of home upgrades over the years, the value of your residence may have increased. Or, if you failed to maintain your house's interior and exterior, your residence's value may have fallen.
A home appraisal will enable you to learn about your house's strengths and weaknesses. This assessment is performed by a professional property inspector who will take a close look at your house's interior and exterior. After the assessment is finished, the property inspector will provide you with a report that can help you price your house appropriately.
If you want to boost your home's value after a home appraisal, you can always complete various home interior and exterior improvement projects. That way, you can enhance your house both inside and out and move closer to maximizing the value of your home.
3. Consult with a Real Estate Agent
A real estate agent is a difference-maker for home sellers, and for good reason. This housing market professional will do everything possible to help you prep your house and ensure you can receive the best price for it – without exception.
Usually, a real estate agent will set up home showings and open houses, negotiate with homebuyers on your behalf and much more. He or she will even provide honest, unbiased home selling recommendations to ensure you can streamline the home selling journey.
Don't leave anything to chance as you get ready to add your house to the real estate market. Use these tips, and you should have no trouble getting the best price for your house.
If you plan to sell your house, you likely will want to do everything you can to maximize its value. Lucky for you, we're here to help you obtain the best offer for your house, regardless of whether you're operating in a buyer's or seller's market.
Now, let's take a look at three tips to help you get the best price for your residence.
1. Enhance Your House's Curb Appeal
Curb appeal is a difference-maker for any home seller, at any time. If you allocate time and resources to boost your house's curb appeal, you may be able to differentiate your residence from the competition. Perhaps most important, improving your home's curb appeal may help you increase the likelihood of a fast, profitable home selling experience.
To improve your house's curb appeal, you should mow the front lawn, trim the hedges and perform any necessary home exterior upgrades. Consider the homebuyer's perspective, and you're sure to find lots of ways to enhance your house's appearance.
In addition, if you need help with home exterior upgrades, there is no need to stress. Many home improvement professionals are available in cities and towns nationwide, and these professionals are happy to help you transform your home's exterior from drab to fab.
2. Determine the Current Value of Your Home
A home appraisal may prove to be exceedingly valuable, particularly for a seller who wants to establish a competitive initial asking price for his or her house.
During a home appraisal, a property expert will examine a residence both inside and out. This expert also will evaluate various housing market data. Then, the property expert will provide a property valuation based on the appraisal results.
Once you receive a property appraisal report, you'll have a good idea about the current value of your residence. You next can use a property valuation to set a competitive price for your home from day one of the house selling journey.
3. Collaborate with a Real Estate Agent
As you look for ways to earn as much money as possible from your home sale, you may want to consider working with a real estate agent. Because if you have a real estate agent at your side, you can receive plenty of support at each stage of the home selling journey.
A real estate agent understands what it takes to optimize the value of a home. First, he or she will meet with you and learn about your house selling goals. A real estate agent then will help you determine the ideal initial asking price for your residence and promote your house to potential buyers. And if you receive an offer to purchase, a real estate agent will provide a recommendation about how to proceed.
Want to achieve the best-possible results during the home selling journey? Use the aforementioned tips, and you can move one step closer to maximizing the value of your house.
Believe it or not, upgrading your residence's curb appeal won't necessarily force you to break your budget. Now, let's take a look at three cost-effective ways to improve your house's curb appeal.
1. Mow the Lawn
Tall grass and weeds are unlikely to do you any favors, particularly if you want to reap the benefits of a fast, profitable home sale. Fortunately, if you spend some time mowing the lawn and trimming the hedges, you may be able to boost your house's curb appeal.
It generally won't take long to perform lawn maintenance tasks. Then, once you complete these tasks for the first time, you can set up a schedule to complete them every week or every other week until your residence sells. That way, your lawn will continue to look great in the eyes of potential buyers.
2. Clear the Walkways
Dirt, dust and debris may make your home's exterior walkways look messy. Perhaps worst of all, these problems may drive prospective buyers away from your house.
On the other hand, neat, tidy walkways could help your residence stand out to potential buyers. If you devote time and resources to sweep and clean your house's exterior walkways, you can increase the likelihood that your residence will make a positive first impression on buyers.
3. Remove Decorations
Although plastic flamingoes, lawn gnomes and other home exterior decorations have helped you distinguish your house from others in your neighborhood, now may be a good time to put these decorations into storage. Because if you keep decorations on your lawn, it may be difficult for a buyer to envision what life may be like as the owner of your house.
Remember, your goal as a home seller is to make your residence as appealing as possible to prospective buyers. By removing home exterior decorations, you can show off your residence's full potential. As such, you can make it easy for buyers to fall in love with your residence as soon as they see it for the first time.
As you search for ways to upgrade your house's curb appeal without breaking your budget, you may want to consult with a real estate agent too. This housing market professional is happy to provide home selling recommendations and can help you transform your home's exterior from drab to fab.
Typically, a real estate agent will provide expert guidance at each stage of the house selling journey. He or she first will help you craft a home selling strategy and promote your residence to dozens of prospective buyers. Plus, once you receive an offer to purchase your home, a real estate agent can help you analyze this proposal. And if you accept an offer to purchase your house, a real estate agent will do whatever it takes to help you quickly finalize your home sale.
Ready to list your residence? Upgrade your house's curb appeal today, and you can move one step closer to achieving the best-possible results during the property selling journey.