So you’re getting ready to sell your house. Just thinking about it can be an overwhelming experience.
Should you hire a real estate agent? Do a FSBO (for sale by owner) to keep from paying that big commission? Should you spend a lot of money to paint and re-carpet—at least the front rooms?
Where do you start and what can you do to make sure you attract a qualified buyer as quickly as possible?
Hire a professional
A licensed real estate agent who is successfully moving properties in your neighborhood and comes with references will likely get you a better price for your home than you could get on your own. Most non-professionals (owner sellers) end up losing more in the transaction than the commission they would have paid a professional. You want the best and most experienced representative possible to sell your house—not your friends’ nephew who’s launching a new career.
No radical changes
Should you remodel the kitchen? Replace counters and fixtures in the bathrooms? Probably not, unless those appliances or fixtures are not working. Frequently, such updates and changes done to achieve a higher sales price don’t pay off.
Almost anyone buying your home will want to make their own changes, so you are not likely to recoup that investment of time and money. Unless your licensed agent recommends major changes like a new roof or exterior paint job, hold off and put your energy into other areas.
Credit at closing
Rather than discounting your sale price to compensate for worn carpeting, old appliances or outdated bathrooms, offer the buyer a credit at closing to pay for these items. For example, let’s say your electric blue carpeting is old and tattered. Rather than replacing it or reducing the sales price by $4,000 to compensate for it—offer the buyer $4,000 credit upon a successful close.
Now the buyer is motivated to make the deal because he will have the money to re-carpet the house with his choice of color and style.
Curb appeal is that initial impression your home makes when a potential buyer sees it for the first time. The cost to make certain your property is beautifully inviting will be money well spent.
- Repair cracks in the driveway and walk areas that approach the home.
- Keep the landscaping neat and tidy with flower beds blooming, weed-free, and well-cultivated.
- Make sure the home looks freshly painted. A good scrub down might do the trick.
- Keep the garage door closed.
- Make sure garbage cans, tools, and outside clutter are completely out of sight.
You want the inside of your home to appear as large as possible. That means all of the clutter from all of the rooms has to go. And don’t stuff it into the closets and cupboards. They need to be clutter-free and neatly organized. Motivated buyers look behind every door.
- Remove most or all of the items from your kitchen and bathroom counters. You want storage areas to look spacious so take items out of the closets and clear shelves of knickknacks.
- Pack up your collectibles if they are visually overwhelming. Leave only a few tasteful decorator items on the mantle. Your goal is to create a simplified and calm atmosphere.
- Remove quotations, signs, or pictures hanging on the wall that are specific to your family. Move all the papers, magnets and coupons from the refrigerator. You want buyers to envision their family living here, not yours.
- There should be nothing on the floors but floor coverings and furniture.
Soap and water are cheap. The cost to get your house ready to sell will come in terms of time and elbow grease. Your home should be so clean that a Marine sergeant inspecting it with a white glove could not find a single exception.
Clean every window inside and out including the tracks, sills and jambs.
Sanitize and scrub the bathrooms until they sparkle—even if they are old, they can be impeccably clean. Shine the faucets and fixtures until they gleam. Leave no water spots.
All toothbrushes, products, and implements should be out of sight. Clean ever trace of soap and scum from the tubs and showers. Clean shower door tracks with an old toothbrush, removing every trace of gunk and yuck.
No matter how old or worn, have the carpets cleaned by a professional. Clean, wax, polish or do whatever is necessary to make your hard floor surfaces glisten. Scrub the corners even if you’re sure no one will ever look there.
Clean the baseboards, scrub the woodwork, and the walls in every room.
Furniture and fixtures
Dust and polish until there is not a speck of dust anywhere. Vacuum all upholstered furniture. If you have so much furniture that your rooms appear crowded, move some of it out. Stand back and look at each room through the eyes of a stranger. Rearrange things to give a more pleasing visual impression.
There’s nothing more off-putting to a visitor than the smells of Fido and Fluffy. If your carpets have pet stains, you may have to remove those sections of carpet completely to get rid of odors that have penetrated the carpet pad. Do it. That’s how important it is that your home not have an offensive odor.
When you show your home, make sure it’s a pleasant experience. Put out a plate of cookies, fresh flowers and make sure something that smells good is cooking in the kitchen. Try a pan of simmering spices on the back burner.
It’s been said that you only get one chance to make a good impression. Never were truer words spoken than when you’re getting ready to sell your house.