One thing that showing hundreds of homes through the years teaches you is this…Home Sellers can do a lot to show their home in a manner that gets it SOLD!
I have always found it mildly astonishing that homeowners who spend thousands of dollars in upgrades and improvements to their homes fail to invest time and effort in a few critical areas to ensure that their homes are perceived well in the eyes of potential buyers.
Some homeowners might be surprised to find out how far a little money will go. Particularly when you put $500 against a backdrop of tens of thousands of dollars which are left on the table because a home does not sell or sells far below the listing price.
Here are just a few Simple Things to Keep in Mind when you are showing your home to ensure it shows Sold!
In a competitive market, there are hundreds of homes vying for a buyer’s attention. There are some homes which don’t receive even ONE showing request in a 6 month period. When you place your home on the market, be prepared to SHOW IT. If you’re not…WAIT, until you are. Yes, it may cost you a little in sleep and inconvenience, but in this market, if a real estate agent calls to show your home when there are 50 others like it…don’t count on being given a second chance. COST: Time & Effort ~ Dollars – ZERO
If you can’t clean your home…hire someone else to do it for you. Why deduct Thousands of dollars from you life through a possible sale just because you can’t or don’t know how to clean a home. Buyers love the smell of ‘clean’ about as much as they like the smell of ‘new.’ A good new home cleaning crew will cost about $250…loss of a sale or a discount on a home on the market for over 6 months…15-20 percent of your initial asking price. COST: approx $150 – $250
De-Cluttering is probably the single biggest thing that most homeowners can do fairly inexpensively to Show their Home Sold! Hire a storage unit…beg your friends to store stuff in their basement; whatever you have to do…get your stuff out!
But, to clear your home most effectively will require going beyond the basics of clearing out excess furniture and belongings and neutralizing. Sometimes you need to do just a little more to be most effective…
COST: approximately $50/month for storage if required
Hiring the Services of a professional stager to primp your home may be the best investment you can make in the home selling process. Staging does not need to be an exorbitant cost. In fact a good staging experience will probably save money by attracting more potential buyers or creating a better response to your home when it is shown.
COST: Initial Staging Consultation: $75 – $150
Price it for the Market!
Today’s Grand Rapids Mi real estate market is changing so rapidly that even real estate agents find they must regularly check to verify that listing prices for homes are in line with the reality of the marketplace. A decade ago, an appraisal was valid for at least six months. Today, it may only be valid for 30 days.
As a home owner, it’s important to invest time in getting professional counsel about how to price your home. You can contact a real estate broker to get a FREE Certified Market analysis, or hire an appraiser for several hundred dollars. What’s most important is that you ensure that whoever you hire does have the experience and proven results. Hiring the right person is even more important in challenging times. The wrong one can be a draining tax on time and resources.
COST: FREE ~ CMA (Certified Market Analysis) Appraisal: $ 275 – $350
Less Time & Hassle on the Market
Moving on with your Life!
Think about this…What bank or investment fund would give this sort of potential return on your investment of $500? Where else could you put in $500 and enjoy living in a nice, clean well arranged environment with the potential of making it back fairly quickly by a Sale?
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