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25 Steps to Help Present Your Home to Sell


25 Steps to Help Present Your Home to Sell

Here are several things that sellers can do to make their home look and feel more marketable.

  1. Add power outlets with USB ports in rooms that lack them, especially      in the kitchen, bathrooms, and bedrooms where they’re most needed.      “Younger, more tech-savvy couples and individuals love them,” says Tyler      Drew, broker and property investor with Anubis Properties Inc. in Los      Angeles.
  2. Eliminate acoustic popcorn-style      ceilings since they      look dated and tacky.
  3. Remove exposed posts and half walls. Today’s buyers want more space, and      partial walls and posts gobble up room. The only walls that should remain      are those that offer privacy or conceal electrical wires or plumbing      stacks.
  4. Update wiring for the Internet and      flat-screen TVs. You      don’t have to run CAT-5 through walls, which can be costly and require      opening and closing and repainting walls. Instead, find a place to put a      wireless router, Drew says.
  5. Clean carpets and wood floors since they’re often the first part      of a room that buyers check out; you don’t need to replace them unless      they’re in terrible shape. A good carpet steam cleaning or wood floor      waxing can be relatively inexpensive, sometimes less than $200.
  6. Expand a small kitchen to make it work better and look      larger. Two quick fixes: Change the backsplash by adding mirrors,      stainless steel, or paint, which will introduce light and views; and add      an island, which requires only 30” between counters and the island to pass      through comfortably. If there’s not enough room for an island, bring in a      rolling cart with pull-out shelves underneath and a wood top, says Libby      Langdon, an interior designer, author, and expert with Liebherr Refrigeration..
  7. Clear out and clean a garage, a big selling feature.Power wash the      floor or paint it if it’s in bad shape, remove dated cabinets, and remove      all junk that’s been stored there, so prospects can see how much space      they would have for their stuff.
  8. Change out corroded or dented door      knobs and levers.      The replacements don’t have to be expensive but they should look new and      clean, Chicago architect Allan J. Grant suggests.
  9. Pay attention to landscaping, which can add 7 to 15 percent to a      home’s value, according to HabitatDesign.com principals Jessy Berg and      Bonnie Gemmell. Focus on mowing grass, removing crab grass, and      eliminating dead plants and tree branches. “I’d rather have dirt and the      potential to paint a picture for the buyers’ mind than a backyard full of      dead plants,” Drew says. But if you have extra funds, consider Sacramento,      Calif.-based landscape designer Michael Glassman’s ideas: Add lots of      seasonal color through blooming annuals and perennial plants and remove      problems like too much noise from traffic or neighbors by installing an      inexpensive fountain with trickling water.
  10. Paint exterior windows, doors, gutters, downspouts, and trim, then go inside and paint the home’s trim, doorways, and walls that are      in need of freshening. Don’t worry about the colors but consider those      that veer toward quiet and comfort such as Benjamin Moore’s Yosemite Sand,      Edgecomb Gray, or Carrington Beige. “Gray is a hot interior color now,”      says Manchester, Vt.-based designer Amy Thebault. Painting rooms other, lighter      colors such as white, yellow, and beige help to bounce and reflect      sunlight and use more natural and less artificial light, according to      Chris Ring, vice president at ProTect Painters, a professional painting      source. But in cooler months, Ring says, dark colors such as deep brown      and blue absorb sunlight, thereby reducing heating costs. And don’t forget      ceilings, which can be a “fifth wall.” You can improve them with paint or      old-style metal or faux-metal tiles, says Beverley Kruskol, a general contractor      and owner of MY Pacific Building Inc. in Los Angeles.
  11. Remove outdated wallpaper, replacing it with paint and      preferably a neutral color, says Shelley Beckes, ASID, CID, a designer      with Beckes Interior Design in Los Angeles.
  12. Remove, store, or discard excessive      accessories on      tabletops and walls and in cabinets. “Less is more, and you want the house      to be seen by prospective buyers without the distraction of too many      personal items,” Grant says. Some suggest following the rule of three:      Leave out only three things on any surface.
  13. Get the house inspected before it’s      listed to know its      condition and identify any structural issues that could derail sales. Many      problems can’t be detected by an untrained eye, including those in a      basement, crawl space, or attic, says BillJacques, president-elect of the      American Society of Home Inspectors. “There might be roof damage or a      plumbing leak. Many inspectors take photos and provide a detailed report,”      he says. “And if home owners have repairs made, they should be handled by      a qualified licensed contractor, so the home owner can get problems      corrected.”
  14. Outfit closets for extra storage to make rooms look larger and less      cluttered, but don’t redo all closets and elaborately. Top contenders for      redos are an entry closet for a good first impression, kitchen pantries      where storage is key, and a linen closet to keep sheets, towels, and other      stuff neat, says Ginny Snook Scott, chief design officer at California      Closets Co. “The costs needn’t be excessive. A linen closet can be fitted      with baskets and cubbies for between $500 and $600, an entry closet for      between $400 and $700, each dependent on closet size and features,” she      says.
  15. Tighten a home’s “envelope” to      improve energy efficiency and savings. Put money and effort into well-insulated      double-paned windows, sealed furnace ducts, energy-efficient appliances,      the newest programmable thermostats, LED and compact fluorescent lights,      and a smart irrigation box on a sprinkler to cut water usage, says Kate      Latham, energy consultant with WattzON,      a service based in Mountain View, Calif., which analyzes home energy use      to pare costs. “After a few months, sellers can show buyers how costs have      dropped. They also should put together a green manual to show which      features they added,” she explains.
  16. Improve a home’s healthfulness by using paints and adhesives with      low or no VOCs. Point out these changes to prospective buyers in another      list or manual, Latham says.
  17. Use what you have, and arrange each      room in a conversational way if possible. Don’t set all furnishings in a family room so      they face a TV, since most potential buyers like the idea of an open-room      milieu for socializing.
  18. Remove and replaced faded draperies, fabrics, and rugs,      or leave windows and floors bare to avoid showing lack of attention,      Thebault says. Slipcovers, which can cover worn furniture can also provide      an affordable decorative feature, changed for each season, says Hugh      Rovit, CEO of Sure Fit, a      manufacturer and distributor of ready-made slipcovers and other      accessories. The company’s slipcovers range from $49.99 to $149.99, based      on fabric and treatment.
  19. Replace old, dated, or worn bedding. Before any showing, fluff up pillows      and covers, and make all beds neatly. Affordable choices can be found at      stores like Target and Web sites like Overstock.com.
  20. Toss out old magazines. “You don’t want a People magazine      from a year ago; it looks like nobody lives in the house or cares,”      Thebault says.
  21. Check smells regularly. Besides getting rid of bad odors from      pets and mildew, introduce nice fresh fragrances, but don’t go heavy on      scents from candles. A light lavender or citrus spray is smart and      inoffensive. Open windows before showings to bring in fresh air.
  22. Make rooms lighter and larger for      showings with good lighting. Thebault prefers warm, cool colors rather than fluorescents.      Additionally, 60-watt bulbs are a good choice, even though they’re not as      energy-efficient.
  23. Go with plants rather than flowers      indoors since they      last longer, but either choice can add vivacity to a room.
  24. Pay attention to your bathrooms. Specifically, make sure you have      freshly laundered towels, new soap in soap dishes, spotless mirrors, and      no mildew in view.
  25. Be sure your house is priced      competitively with the current market and homes in your area. In most regions, it’s still the No. 1      “fix” to sell quickly. Go a bit under the market price, and you may even      bring forth multiple offers that are higher than expected, says Jill      Epstein, a REALTOR® with Nourmand & Associates in the Los Angeles area

If you are thinking of buying or selling talk to a REALTOR who can give you the facts you need to make an informed decision.

As always, if I can help with any of your real estate needs, please don’t hesitate to text or call me at 615 417-8182 or email me at RolandLow1@gmail.com.

Roland

www.GreaterNashvilleRealEstate.info

Source: REALTOR Magizine

Survey Reveals Success of REALTORS® vs. FSBOs


Survey Reveals Success of REALTORS® vs. FSBOs

Home sellers are more than twice as likely to get their homes sold if they use a REALTOR®, rather than trying to sell their home on their own, according to a new survey conducted by home owners nationwide.

Seventy-three percent of the home owners surveyed said they used a REALTOR®. On the other hand, 21 percent of those surveyed said they tried to sell their home themselves.

The survey found that 66 percent of the home owners who used a REALTOR® were able to successfully sell their home compared to 30 percent of for-sale-by-owners.

What’s more, the survey found that 22 percent of the for-sale-by-owners eventually decided to use a REALTOR® to try to sell their home. More than half of those who did were then able to sell their homes too, the survey found.

If you are thinking of buying or selling, talk to a REALTOR who can get you the facts you need to make an informed decision.

As always, if I can help with any of your real estate needs, please don’t hesitate to text or call me at 615 417-8182 or email me at RolandLow1@gmail.com.

Roland

www.GreaterNashvilleRealEstate.info

 

Source: REALTOR Magazine

4 Strong Reasons to Buy a Home Now!


4 Strong Reasons to Buy a Home Now!

There has been a lot of news lately about the strong turn around in the housing market.  Yet, many people are skittish about jumping into the market and buying a home.  The time is ideal to buy a home, especially first time home buyers.

Recently I listed property in middle Tennessee and it sold for nearly list price in less than two weeks.  The biggest problem that I have heard from agents – including myself – is getting enough listings to satisfy demand.

Here are four reasons why now is a great time to buy a home.

1. The price is right. The median single-family home price hit its lowest in more than a decade when it reached $154,600 in January, according to the National Association of REALTORS®. That was the lowest since October 2001. During the height of the housing market in July 2006, the median home price for a single-family home was $230,900.

2. It’s cheaper to buy than rent. In nearly every major metro market, it is cheaper to buy a home than rent. Rents have been on the rise the last few years and are predicted to continue to rise. Meanwhile, home affordability is at record highs, which means that buying a home is more within reach to the median income family.

3. Inventories of for-sale homes are shrinking. Ned Davis Research estimates that excess inventories of homes to be eliminated by the end of next year. “When excess supply dries up, people start building more new houses, which has the virtuous effect of reducing the unemployment rate and increasing the economy generally,” according to the USA Today article.

4. Mortgage rates are at record lows. Mortgage rates have hovered near record lows for weeks, which have helped pushing housing affordability higher. For example, the average 30-year fixed-rate mortgage, which is the most popular among home buyers, is 3.59 percent, according to Freddie Mac—just above its record low set on July 26 of 3.49 percent average.

If you are thinking of buying or selling, talk to a REALTOR who can give you the facts you need to make an informed decision.

As always, if I can help you with any of your real estate needs, please don’t hesitate to text or call me at 615 417-8182 or email me at RolandLow1@gmail.com.

Roland

Source; REALTOR Magazine