When you're ready to sell your home it can be a bit overwhelming to prepare your home for the market. However, following these tips will give you insight to what buyers find important when shopping for a new home. Understanding this can be critical for selling your home for the best price and in the shortest amount of time. Be prepared....read our seller's guide to preparing your home to sell!
No matter how good the interior looks, buyers have already judged your home even before stepping foot inside. there's no second chance to make a great first impression, so it's important to make people feel warm, welcome, and safe as they approach your home.
- Clean up your landscape and add mulch and colorful flowers.
- Remove old overgrown bushes and trees.
- Fix masonry/paver stones.
- Seal coat or repave your driveway.
- Paint your front door an inviting color and add a pretty welcome mat.
- Paint the exterior- especially the trim work.
- Get your roof cleaned to give it a brand new, fresh appearance.
- Bright white trim looks fresh and clean
DARK STAINED FLOORS
- If you have traditional honey oak floors or dated pickled floors from the 80s-90s, think about investing in refinishing. It is relatively inexpensive for the big impact that it will provide.
- If you have carpeting with hardwood floors underneath, uncover them! This is a huge asset you want to show off. Hardwood floors are "sexy" to buyers today, and can really help sell your home for more money.
WALLPAPER MUST COME DOWN
- Most – if not all - home buyers in any price range cringe when they spot wallpaper in a prospective home. They anticipate a huge mess and an expensive inconvenience. Although sellers tell me that they are willing to offer a credit to compensate buyers for this dated feature, most buyers just can't see past it when viewing photos online and may just click "next". Even if the buyers can see past the wallpaper, be prepared for them to overestimate the cost of removing and repainting. And many will add in some extra "hassle bucks!” For the most positive impact, you should take it down.
RE-PAINT THE HOUSE INSIDE & OUT
- Painting can be one of the least expensive preparations that can make the most impact. Have colors work in your favor instead of against you.
- Get advice from a color expert to help you choose. Neutrals, neutrals, neutrals. You want it to feel inviting and evoke the emotions of warmth and joy.
- If you have a home with dark stained molding/ windows, paint them white! Even though you love the look of dark wood trim, the buyers of today, generally don't. Dark wood crown moldings define the ceiling height making the room feel less open and spacious. Additionally, online photos with dark trim may indicate the home is dated. This may cause them to skip over your home, even though it's a minor issue.
- For a fresh look, paint the spindles and risers on your stair case white.
RENOVATED KITCHENS & BATHS SELL HOMES
- You don't want to do renovations... but neither do buyers. The idea of giving the buyer a credit to do it themselves just doesn't work. Even if buyers can get over the overwhelming negative connotation that the house feels old, they will want a discount for time and effort to do it. On the contrary, buyers will pay a premium for an updated, move-in ready home. If you aren't up for a complete re-do of kitchen and baths, implement simple alternatives to major renovations. Small, poignant fixes can really make an impact.
- Change the drawer pulls and cabinet knobs to stainless steel or brushed nickel.
- In 2014, brass is often viewed as outdated. Remove as many brass fixtures as possible.
- Some cabinets may benefit from being painted or re-stained. Consider refacing if the cabinet boxes are in great shape.
- Add new stainless steel appliances.
- Swap out your old countertops w/ granite and a new stainless steel sink.
- Regardless of your home's price range, buyers want and expect granite!
- Consider installing a stainless steel sink and pull out spray faucet.
- Buy pretty, fresh, white towels.
- Change out dated light fixtures.
- Add new, stylish drawers and cabinet pulls.
- Remove the big, outdated mirror and replace with a picture frame mirror.
- Add a new shower curtain to add to the updated decor.
- Consider adding a seamless shower door.
- Re-grout the tub and shower.
- Clean the grout on your tile floors.
- While this is the least expensive suggestion, it's also the most impactful. But, it can also be a time-consuming and emotional portion of your preparation to sell. Plan ahead! If you are looking to sell during the height of a spring market, don't wait to start cleaning. Starting 6-12 months ahead of time, is not too early to start! Too much clutter can make a buyer feel stressed and negative while walking through your home. Simplified spaces evoke positive emotions and help buyers envision themselves living in your home.
CLEAN UNFINISHED SPACES
- The unfinished spaces can have as much of an impact as the staged living spaces. Basements, utility rooms, garages, and storage closets are typically forgotten when prepping a home to sell. Buyers know to carefully examine basements and attics for the real story on how the home has been maintained and it's current condition. Super clean these areas like you would your kitchen. Make it sparkle!
BUYERS DO ONLINE RESEARCH
- One of the most important factors that bring buyers to a community is the school system! Even if buyers don't have school aged kids, most savvy buyers know that a great school system is crucial for a strong resale value down the road. Our schools have a fabulous reputation and that's why, in part, demand for our town continues to grow. It's always wise to check out how your home's elementary school fares, as well as the current reviews and ratings.
KNOW THE MARKET
- It is valuable to be aware of the current inventory of homes for sale, as these homes may represent your competition (or future comparable) when you are ready to sell. There is a finesse to pricing homes. Don't fall in to the trap of pricing high to leave a lot of negotiating room. In a high demand town like ours, setting a fair, appealing asking price can show buyers your home is a great value and can actually lead to a competitive, multi-bid situation resulting in a higher selling price. Try not to factor your own emotional feelings for your home when evaluating its market value. Try to be objective and realistic. This strategy will give you, the seller, more control in the deal. With attorney review and inspections still to come later in the process, fair pricing can be the key in keeping buyers from being overly demanding during the home inspection phase.
PRE - HOME INSPECTION
- It would be wise to have a licensed home inspector inspect your home. This can save you time and money in the long run. It gives you the opportunity to fix those distracting small issues, as well as re-mediate any larger concerns that are uncovered. Buyers can get spooked, even with small issues, especially if they are not handy people. Being preemptive and fixing these issues in advance, can keep nervous buyers calm and keep your deal from falling apart. The inspector can also test your home for radon and check for pests. If you have a pest maintenance contract, be sure to keep it in effect until after closing, in case the buyer's inspector finds some critters or wood destroying insects.