Should I Update My Home Before Selling It
Segment 2
Should I Update my home before selling?
Barb, this real estate market is red hot. Is it always necessary for home sellers to update their homes before selling their home?
To Get a Good offer on a home:
Three rules about selling for Top Dollar work every time:
Preparation, Pricing & Promotion.
Home Sellers Control the First Two and Getting this Wrong Could Mean the Difference between just getting an offer vs getting multiple offers and ultimately the BEST offer
This Segment is about Preparation:
Unless a home is priced WAY BELOW others that are similar
Preparation is hugely important
What does that involve?
HGTV made many buyers expect beautifully remodeled homes in any price.
While that is NOT reality the closer you can get the home to “Move in Ready”, the Better
The EYE CANDY - PICTURES
Buyers Eliminate Homes Based on the ONLINE Images:
If the Curb Appeal is not great – they move on
If the Condition needs $ into, they move on
Most buyers focus on:
Curb Appeal
Yard/View
Living Room
Kitchen
Master Bathroom
Master Bedroom
Systems Are as Important as Cosmetic Issues:
You should be Prepared for Inspections
You don’t want to deal with extensive repairs while under contract!
This means keeping the home well maintained to include:
Furnace
Water Heater
Roof electrical
Plumbing
Working Appliances
Septic and Sewer
Most common Property Issues
Health and Safety first
What does that mean?
Sewer Lines
What inspectors do
When has a home seller last checked?
Timothy Story
Septic Inspections
Can be Hugely Expensive
Can take MONTHS to Resolve
Pfost Story
Roof and Hail Damage:
Most common
Least checked by Home Seller
Under contract is the WORST TIME TO FIND OUT
More on Inspected Items:
Mechanical Systems:
Furnace
Water Heater
AC
Appliances
Electrical
Plumbing
Home Warranties Can Off Set Costs
We include them with our listings
They cover:
Furnace
Water Heater
AC
Appliances
Electrical
Plumbing
Buyer can expand to upgrade them to cover for next year
Getting Your Home Ready for Sale is a Process
The service we provide.
You can call our office any time to set up a time to meet with me or my team to learn:
What To Do and
What Not to Do…
To Get Your Home Ready for sale.
Find out what your home will Sell for and
How Much you Will Put in Pocket when it Sells by calling 719 301 3900
You are listening to the Real Estate Voice with myself Barb Schlinker of Your Home Sold Guaranteed Realty, you can reach me at 719 301 3900
We are talking about Preparing a Home for Sale and The Best Ways to Command the Most Money. Barb Does a home Seller need to spend a lot of money to prepare their homes for sale?
What Does it Cost to Prepare a Home for Sale?
Depends on the level of home owner upkeep.
A few key improvements can go a long way.
Tired Old Carpet
Buyers offers 7 times less
than the cost of replacing the old carpet
HOWEVER: Depends on Price Point & Competition
Claremont
Campstool
Our Program to HELP Home Sellers Get Top Dollar
We FUND the cost of updates/repairs
Up to $10,000
We Get Reimbursed at closing
The Sellers Gets the MOST Money for their home!
How our Help Program Got a Seller $30K OVER Asking Price
Seller had 1985 Red Shag Carpet
We put NEW carpet over the floors
Sold for $30,000 OVER Asking Price!
Even in this-HOT SELLERS MARKET preparing a home to get top dollar will pay off exponentially in most cases.
If you would like to find out what your home will sell for in this market, what to and what not to do to get ready to sell and how much you will put in your pocket when it sells, call us at 719 301 3900
