How much preparation should you do?
Local home prices are continuing to appreciate, demand is high, and the supply of homes continues to be low – the perfect market for selling your home. So why not just put your home on the market “as is” at a high price and see what happens? Because the statistics clearly show that is not a good strategy for selling your home for the best possible price. Well priced, well marketed, and well prepared homes are selling quickly and for top dollar. Homes that are not selling quickly, even in today’s market, are sitting because they weren’t well priced, well marketed and/or were not well prepared.
Here are some tips on how you can prepare your home for a top sales price:
- Enhance Your Curb Appeal. Clean the roof, pressure wash walkway/entrance, mow & edge lawn, put down fresh bark, and add a spot of color (flower beds or flower pots). Buyers want to come in to see a house when the outside looks crisp & nicely maintained.
- Prepare the Entry. Make sure your front door/entry is crisp and clean… this sets expectations for buyers as they wait to enter your home and keeps them excited about the potential. Repainting your door has the highest return on value of any remodeling for resale project.
- Depersonalize. You want your home to appeal to as many buyers as possible – by depersonalizing it you help them visualize themselves in the house and not feel like they are trespassing on your home and memories.
- Maximize Space. Declutter, declutter, declutter – throughout the house – walls, floors, counters, shelves. Remember you will need to pack up when you move, doing some of it before you put your home on the market will make a big difference. Help people see where they could put all of their possessions.
- Interior Condition. The interior condition will dictate the price – have it in the best condition possible that is consistent with your pricing strategy. Generally – fresh neutral paint on the walls, clean carpets, clean/refinished floors, sparkling windows, organized cabinets & closets, fresh grout & caulk in the bathrooms – everything should be as crisp and clean as possible. Consider doing a pre-inspection and taking care of all major problems in advance. Make it move-in ready.
- Differentiate. Determine and emphasize what is special about your home – the style, the layout, the view, the privacy, the low maintenance, the local schools etc. Professional staging, feature cards, and in-home marketing materials can all help make sure the buyer knows why they should stop looking after they see your home!
If you would like a complimentary market analysis to understand how to prepare, price and best market your home give us a call. The Blue Team – working twice as hard for you and providing you with the right expertise to guide you in all your Real Estate Transitions!