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Selling a Home
Simplify Your Experience
From preparing your home for sale, to setting the price, and showing
your home, a REALTORŪ will simplify the process. Keep in mind the
right agent is often the key to a successful real estate
transaction. Our REALTORSŪ will guide you through the entire
process.
Pricing Your Home
Correctly pricing your property is critical. Price your home too low
and you'll lose money; price it too high and buyers will shy away.
Your REALTORŪ will be able to give you a Competitive Market Analysis
for your home, which will help you determine the value of your
property, as well as give advice on the condition of the present
market.
Promoting Your Property
Effective advertising and marketing are essential when selling your
home. From descriptive, colorful ads to internet options, our
REALTORSŪ are able to attract potential buyers. Promotional
campaigns are most successful when the home is priced right and
shows well. Competition and current interest rates can also affect
the success of a promotional campaign.
Prepare Wisely
The presentation of your home will impact the buyer's first
impression. Buying a home is an emotional process and your REALTORŪ
can advise you on simple and inexpensive ways to prepare your home
for a successful showing.
Rewards
There may be a variety of reasons for deciding to sell your home.
Whether you're sizing up, down sizing, or relocating, it’s exciting
to start new adventures. The Internet can be an amazing resource for
any seller and we are here to help.
Challenges
Selling a home can be stressful and time consuming without the right
resources and information. There are plenty of practical matters
that need your attention. With the guidance of our REALTORSŪ, you
can avoid the potential hazards.
Resources
A Team Effort
The overwhelming majority of home sellers find it advantageous to
team up with a REALTORŪ. Most home owners feel that it is better to
entrust the sale of their biggest investment to a professional.
There are a number of complexities of modern Real Estate
transactions that should be considered, not to mention the access to
the MLS, advertising, marketing, and the screening of buyers which
are available to assist the seller. Your REALTORŪ will know the
condition of the market at the time you are selling. Your REALTORŪ
will also be able to help you determine the value of your property
with a Competitive Market Analysis.
Money Matters
Today’s buyer is well informed and price sensitive. A property that
is priced over the market can often deter buyers who are serious
about finding a property. If the property is under-priced, it will
most likely sell quickly - to the detriment of your net proceeds.
Care and research should be taken when establishing the original
listing price.
There are many factors that will affect the selling
price. The following should help you determine the price you can
expect to receive:
- What are the prices (listing and selling) of
similar homes in your area?
- What is the size, layout and condition of your
home in comparison to others on the market?
- What is the location of your home, are you in a
desirable area that is in demand?
- Does your home have amenities that are currently
popular in the marketplace?
- Is it a buyers' market or a sellers' market?
Get Ready to Show
It is time now to look objectively and unemotionally at your home.
Look at it no longer as your home, but as a product to be marketed.
Be aware of what you can and cannot change about your home. This
knowledge will allow you to concentrate on those items that will
bring the highest rewards.
First Impressions
The first thing a potential buyer sees is your home from the street
- the first impression is called "curb appeal." Take care to:
- Remove any junk or clutter from the yard.
- Have a clean, crisp lawn (a bit of fertilizer
makes for a greener lawn).
- Trim shrubbery and hedges.
- Wash decks and porches and make sure they are
stained or painted.
- Clean and paint or stain your front door.
- All exterior lights should be operational.
- Exterior windows should be clean and operational.
- Clean out gutters and downspouts.
- Walkways should be swept and free of snow or ice
during winter.
- Make sure the garage door is closed.
Through Open Doors
Most buyers do not have a vision - so help them. Present your home
dressed in its best! Here are some minor investments which may have
some major returns.
Paint - When it comes to preparing a house,
fresh paint gives you the best return for money
spent.
Flooring – At the very least, all carpeting
needs to be steam cleaned. Any worn, stained or foul
smelling carpet should be replaced. Any flooring
that is cracked or damaged should be replaced, if
possible.
Clutter – If something is not necessary for
your day-to-day life, box it up and store it or
throw it out!
Closets – Closets need to be neat, clean, and
organized.
Cleaning – The cleaner, the better. Dusting,
washing, waxing, and polishing everything will
always make a good impression.
Lights – Clean the fixtures and make sure the
bulbs work.
Windows – Replace any cracked windows.
Room to Room
Entryway :
- Clean and polish everything.
- Make sure it is well lit.
- Make sure it is clutter free.
Bedrooms:
- Arrange the furniture for the flow of traffic.
- Make sure they are clutter free.
Living Room/Family Room/Den:
- Arrange the furniture for the flow of traffic and
to give the illusion of space.
- Remove ashes from fireplaces and woodstoves.
- Make sure all light switches work.
- Clean the drapes.
- Polish/ mop the floors.
Storage Areas:
- Basement, Garage, Attic.
- Remove all junk and clutter.
- If the basement is damp or musty, try a
dehumidifier.
- Make sure these areas are well lit.
Kitchens are under close scrutiny:
- Clean the exterior of all appliances, including
the stove hood filter.
- Clean counter tops and cabinet faces: the shinier,
the better.
- Clutter free
- Remove magnets and messages from the front of the
refrigerator.
- Clean the floor and consider replacing it if it is
worn.
- If you have ceramic tile, make sure the grout is
clean and white.
Bathrooms are also extremely important:
- If faucets drip, repair or replace them.
- Remove stains from all fixtures.
- Make sure all lights have the highest wattage that
is safe for each fixture.
- Put out fresh, clean towels.
- Check ceramic tile, make sure the grout is clean.
- Remove any mildew.
- Make sure drains are clog free.
- Shower doors should sparkle.
Finishing Touches
Finishing Touches
Most of the time you will be given at least a couple of hours notice
before showing your home. Before you show your home add these small
but important finishing touches. Your home will then put its best
foot forward!
Light and Bright – Whether day or night, a lit
house gives a “welcome home” impression. So turn on
all the lights, indoor and outdoor. Open all
curtains, shutters, and blinds to let in maximum
light. Your home looks more cheerful and it also
prevents harsh shadows.
Out of Sight – Prospective buyers may feel like
intruders if you are home during a showing. Allow
the REALTORŪ the opportunity to speak freely with
buyers and emphasize your home’s best features. If
possible, take a walk, visit the library, go
shopping or take the kids to the park. If you cannot
leave, try to remain out of sight and do not
accompany the buyers from room to room.
The Scent of Success – Scented sprays are too
obvious and may be found offensive. For a pleasing
fragrance, add a few drops of vanilla extract on a
stove burner or boil water and add some cinnamon.
Refrigerator cookies are quick and easy to bake, as
well as lighting a scented candle prior to a
showing. Both will make your home more attractive.
Waste Not – Empty the trash in the kitchen and
any other waste baskets before a showing. Garbage
does not send a positive message, even in small
amounts.
Comfort Counts– Make sure the thermostat is set
such that the house is at a comfortable temperature.
Turn off the television and turn soft, melodious
music on.
Pets – It is best to try and take your pets
with you while your home is being shown. If that is
not possible, at least keep them outside. Animals
under foot will put a damper on a showing.
The Offer
Once an offer is made, if you intend to accept the offer, or make a
counter offer, do it as soon as possible. Realize that at any time
prior to accepting or countering, a buyer can withdraw their offer.
When you make changes to an offer, they require
written approval of all parties for the contract to be
enforceable. Know that even minor changes facilitate the
opportunity for either the seller or buyer to change
their mind.
Closing
To put it simply the last part of the home selling
process is closing. It is the time between signing the
purchase contract (once an agreement on price and terms
has been reached) to the day the deed is actually
recorded transferring title. Once everything is signed,
then escrow closes and your home is sold.
Moving On
It doesn’t matter if you have moved once or several
times, it is never an easy task. There is a lot of
emotion associated with selling a home. So on to a new
adventure. The following are some tips you may find
helpful.
- Notify the post office of a forwarding address.
- Cancel subscriptions that would not be forwarded.
- Arrange for new checking account if needed.
- Arrange for utilities and telephone at your new
location.
- Plan for needs of children and pets during the
move
- Plan for sufficient cash/travelers checks during
the move.
- Are you packing/moving yourself or will a
professional mover handle the move?
- Once you are reasonably sure you will be
proceeding with the sale, begin weeding out your
possessions.
- Pack one room at a time.
- Keep the weight of your boxes reasonable.
- Start packing and marking every box according to
contents and room it will go in.
- If bubble wrap is not available, use towels and
blankets to wrap fragile items.
- If possible, pack audio-video and computer
equipment in their original boxes.
- Do not pack valuables, carry them with you.
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