When investing in landscaping, try to get the most bang for the least amount of buck. You never want to spend a huge amount of money on a property if you’re planning on selling in the near future.
The idea is to do whatever is necessary to make the yard look clean and efficient. Buyers want a home that is easy to maintain. Prune the shrubs, keep the grass nicely mowed and green, and possibly add colorful flowers near the entry ways.
Make sure that your yard is not extravagant when compared to the other homes in the neighborhood. A buyer will tend to pay only as much as the other homes in the neighborhood are selling for. Therefore, if you overspend, it is unlikely that you will be able to recover your expenses.
Showing posts with label selling strategies. Show all posts
Showing posts with label selling strategies. Show all posts
Tuesday, July 28, 2009
Tuesday, July 21, 2009
Where do Remodelling Dollars Pay Off the Most
It’s a proven fact that certain home improvement projects pay off when it comes time to sell, while others do not. If you’re looking into doing some remodeling to improve your home’s appeal now, don’t forget to take into account which projects will make a difference if you sell in the future.
Kitchen and bath improvements are high on the list of what buyers are willing to pay more for. Also, additions such as sunrooms are very popular. Try not to do anything that would be considered extreme or outrageous. Homes with very unique tastes are usually hard to find the right buyer for later.
Repainting in more neutral colors almost always pays off, and adding on a new deck is a good investment as long as the costs are not too unreasonable.
If a remodeling project is done by a professional, it is worth more in the long run. Ask your neighbors for recommendations of contractors that they’ve used, or give me a call for my list of people.
A good rule of thumb is to confine your total remodeling expenses to 10% of the homes estimated value. If you stay within this figure and plan wisely, you’ll most likely recoup most of your investment.
Kitchen and bath improvements are high on the list of what buyers are willing to pay more for. Also, additions such as sunrooms are very popular. Try not to do anything that would be considered extreme or outrageous. Homes with very unique tastes are usually hard to find the right buyer for later.
Repainting in more neutral colors almost always pays off, and adding on a new deck is a good investment as long as the costs are not too unreasonable.
If a remodeling project is done by a professional, it is worth more in the long run. Ask your neighbors for recommendations of contractors that they’ve used, or give me a call for my list of people.
A good rule of thumb is to confine your total remodeling expenses to 10% of the homes estimated value. If you stay within this figure and plan wisely, you’ll most likely recoup most of your investment.
Tuesday, July 14, 2009
The Scent of Your Home is Important to Buyers
How a home smells when a potential buyer comes to see it for the first time, can make or break the sale. Imagine for yourself the difference between the scent of fresh cut flowers and the smell of a cat’s litter box.
My experience with showing various homes over the years suggests that foul smelling odors do turn off a buyer from purchasing an otherwise perfect home. Even homes that are very attractive, with great curb appeal, can be overlooked by buyers if they fail the sniff test!
It is important when preparing for a showing of your home to do everything you can to eliminate unpleasant odors. Common odors to look out for are cigarette or cigar smoke, strong smelling foods, mothballs, pet odors, and the smell of trash left in receptacles.
Take whatever action is necessary to remove all of the above mentioned odors, and replace them with pleasant scents. Some fresh cut flowers placed strategically throughout the house, or mild potpourri could be used. One more tip, consider baking cookies or something with a cinnamon fragrance before an open house or showing. Everyone loves the scent of Mom’s home cooking!
My experience with showing various homes over the years suggests that foul smelling odors do turn off a buyer from purchasing an otherwise perfect home. Even homes that are very attractive, with great curb appeal, can be overlooked by buyers if they fail the sniff test!
It is important when preparing for a showing of your home to do everything you can to eliminate unpleasant odors. Common odors to look out for are cigarette or cigar smoke, strong smelling foods, mothballs, pet odors, and the smell of trash left in receptacles.
Take whatever action is necessary to remove all of the above mentioned odors, and replace them with pleasant scents. Some fresh cut flowers placed strategically throughout the house, or mild potpourri could be used. One more tip, consider baking cookies or something with a cinnamon fragrance before an open house or showing. Everyone loves the scent of Mom’s home cooking!
Tuesday, July 7, 2009
How Useful Are Open HousesÉ
Across the country, every Sunday afternoon, open houses are being held. The question is why? Statistics show that less than 3% of buyers who bought property in the last three years bought the property because they saw it at an open house.
Then why are so many open houses still being held? One reason is that sellers still think that agents should hold an open house. Most sellers see open houses as a way to find a buyer for their home. The truth is, open houses do find buyers, but most of the time not for the homeowner that is holding the open house. Buyers meet an agent, and over time, the better agents match the buyers particular needs to exactly the right home.
When a buyer comes through an open house, he may have simply dropped in to take a look without knowing anything about the homes price range or features. Most of the time the house does not fulfill the particular needs of the buyer.
It would be like going to a car dealer and deciding to buy the first car you see, without knowing it’s price, features, or financing options. What’s the chance that you would qualify or that the car would suit your needs? About the same chance that your home would perfectly suit a “drop-in” buyer.
So what’s the other reason open houses are still being held? Open houses are great ways for newer agents to get their feet wet. By holding an open house they meet buyers who might be interested in another property on the market. So don’t be surprised if a more experienced agent refuses to hold an open house on your property. Seasoned agents know what types of advertising and marketing work best, and won’t use your home as an avenue for finding buyers for other agent’s listings.
Then why are so many open houses still being held? One reason is that sellers still think that agents should hold an open house. Most sellers see open houses as a way to find a buyer for their home. The truth is, open houses do find buyers, but most of the time not for the homeowner that is holding the open house. Buyers meet an agent, and over time, the better agents match the buyers particular needs to exactly the right home.
When a buyer comes through an open house, he may have simply dropped in to take a look without knowing anything about the homes price range or features. Most of the time the house does not fulfill the particular needs of the buyer.
It would be like going to a car dealer and deciding to buy the first car you see, without knowing it’s price, features, or financing options. What’s the chance that you would qualify or that the car would suit your needs? About the same chance that your home would perfectly suit a “drop-in” buyer.
So what’s the other reason open houses are still being held? Open houses are great ways for newer agents to get their feet wet. By holding an open house they meet buyers who might be interested in another property on the market. So don’t be surprised if a more experienced agent refuses to hold an open house on your property. Seasoned agents know what types of advertising and marketing work best, and won’t use your home as an avenue for finding buyers for other agent’s listings.
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