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Selling
Your Home
Sometimes, life just hands us the
inevitable: just when everything seems right with
your home, something happens and you have to sell
your dwelling. No matter what your reasons are
for selling, remember that now is no time to dawdle,
the process of preparing a home for sale can take a
month or more. So, here's how to start:
1. Take a Fresh Look at Your
Home
Your home looks great to you, but a
buyer wants to see it since he and his family will
be living in it -- so take fresh look at your
dwelling. Hop in your car, drive around the block,
and then scrutinize your home as a prospective buyer
will see it for the first time. First, consider
what's called "street appeal;" does it
need washing or painting? Does the driveway need
repair work? Is the landscaping in good shape?
Remember, be very critical; your buyer will be.
Next, pull into the driveway and take a good, hard
look. Is the yard neat and trimmed? What about the
view from the front yard? Then, walk inside and size
up the interior as though seeing it for the first
time. Take a tour and imagine what your real estate
agent might say about each room, look into cabinets,
open doors, check out the bathroom.
Then, make a mental note of the things that might
put off potential buyers, along with another list of
the things that first attracted you to the dwelling.
Remember, the home's become a great place for you,
but a new buyer will see things that you don't.
2. Clean Out the Clutter
Before You Start to Sell
Before putting your home on the
market, get rid of clutter in every area -- closets,
attic storage, kitchen cabinets, drawers, bath
vanities, and shelves -- everywhere. Remember, this
is no time to be sentimental: if you don't use it,
lose it. Potential buyers are seriously put off by
clutter, and most of us drag a lot more things
through life than we really need.
Also, don't forget the furniture and fixtures when
getting rid of clutter -- most of us put too much in
too little space, which makes a buying prospect,
think your home is too small.
Then, have a great moving sale with all the stuff
you've collected and use the proceeds for paint or
whatever other materials you need for repair
projects. If you just can't bear to part with some
possessions, store them in the attic or some other
place that's out of sight to a potential buyer.
3. To Sell, Sell, Sell --
Clean, Clean, Clean
After you've cleared out the
clutter, it's time to really clean. Have the carpets
professionally cleaned, strip and polish the floors,
scour the bathrooms, go over the laundry room,
polish the furniture, scour out the cabinets, wash
the windows and window coverings, and spiff up the
ceiling fans and kitchen appliances. In short, clean
everything.
Don't forget the exterior; paint or power-wash
everything that needs the work. Remember, this is a
ceiling-to-floor, roof-to-foundation clean-up
project.
4. Get More for Your Home:
Repairs Pay Off
After you've cleaned the place to
within an inch of its life, the next project is
making all the repairs necessary to attract a buyer.
So, patch up the roof, touch up all the paint,
repair the screens, spruce up the porch framing, and
make your entry area really shine. Don't forget to
water the lawn and landscape beds, and take the time
to trim, mow, edge and get rid of sick or dying
plants. Inside, fix the grout in the bathrooms and
on tile floors, adjust any doors that need it, fix
any scratches on the walls, cover any stains, and be
sure to fix any plumbing problems. Remember, do what
your home needs before the first buyer appears at
your door.
Also, it's a good idea to get all this done before
getting the real estate broker to make the first
listing -- a good agent will advise you on what
needs to be done. Also, if you have friends willing
to be brutally honest about what your home needs to
sell, invite them to assess the fix-up needs.
There is, however, an alternative to the sweat
equity you get from a total fix-up --but it carries
a price. An "as-is" sale keeps you from
doing all this work, but a buyer will assess about
twice the price you would have paid for the repairs.
Then, the buyer will deduct that amount from your
asking price before making an offer.
5. Putting Your Home on the
Market: Show It to Sell It
After you have cleaned, shined,
mowed, and generally whipped your property into
shape, it's time to attract a buyer.
Regardless of who markets your home, you or a
broker, there are other, small things you must do to
attract buyers. For example, even if it's bright
daylight, open the blinds and turn on the lights.
Also, open all the interior doors to make the home
appear roomier. Be sure to remove all your kids and
pets -- they're cute, but a prospect wants to see
your home, not your pride and joy. In addition, make
sure your pet's litter pan is clean so the home
smells clean and fresh, not like air freshener.
Remember, you need to make sure your home is
available to be seen by a prospective buyer with as
little notice as possible. That means less than an
hour, or even five minutes, if possible.
6. Get a Sense of the Market
Before you put your home on the
market, take a weekend day to check out the
competition: homes with similar prices and in
similar neighborhoods. Remember, you don't have to
go out and buy new furniture just to look like that
beautiful new model in the new development -- what
you want is the feel of that new model -- clean,
uncluttered, and fresh.
Remember, after location, the most important item to
a buyer is a well maintained home. Many flaws can be
overlooked if the buyer knows he can move in without
a lot of trouble and expense.
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