HOME SELLER TOOLS
Top
10 Tips for Selling A Home:
CMC has learned some valuable
pointers for preparing a home for a quick sale:
- Keep
both the exterior and interior of your home in
impressive condition. Paint any part of the house
that needs it.
- Enhance
your home's natural beauty by cutting and
trimming your lawn, making sure that landscaping
is in top condition.
- Clean
your carpets and patch or replace if necessary.
- Keep
your kitchen spotless and uncluttered. Remove
unneeded items from kitchen cabinets to show off
their spaciousness.
- Rooms
will appear larger if you remove or store any
excess furniture.
- Organize
your closets and clean the garage and basement to
show off their storage space.
- Clean
all appliances and have them in good working
condition.
- Repair
windows and screens so they show and work
properly.
- Remove
and replace any permanent fixtures - such as
chandeliers - if you do not want them to be a
part of the sale.
- Before
every showing, open the drapes and turn on the
lights in every room of your home. Also make sure
that pets are not obtrusive.
Preparing
Your House for A Quick Sale:
When
preparing to put your home up for sale, your first
concern should be the home's exterior. If the outside, or
"curb appeal" looks great, people will more than
likely want to see what's on the inside. Keep the lawn
and landscape nicely manicured. Trim the bushes (season
permitting); plant some flowers. Be sure your front door
area has a "Welcome" feeling. A fresh coat of
paint on the front door looks great.
Of all the rooms inside your home,
pay special attention to the kitchen and bathrooms. They
should look as modern, bright and fresh as possible. It
is essential for them to be clean and odour free. A fresh
coat of paint just may do the trick. Have any leaky
faucets taken care of. A call to a plumber is a wise
investment.
Since you want your home to look as
spacious as possible, remove any excess or very large
furniture. Make sure that table tops dressers and closets
are free of clutter. Don't use your garage, attic, or
basement to store these extra things. These areas also
need to have the impression of space. Instead, put them
into storage. Make sure walls and doors are free of
smudges and look for anything that might indicate a
maintenance problem, such as cracked windows, holes in
the wall or stained ceilings.
Finally, if your basement shows any
signs of dampness or leakage, seal the walls.
Your Asking Price:
Pricing
your home is a very important part of the sales process.
Here are some points to help you figure out how much your
home is worth:
- Forget
about personal attachments to your home. Buyers
don't care how much you paid for the home; how
many memorable moments you and your family shared
in the home; how much cash you need for the down
payment on your next home; how much time and
money you've invested in your home's hardwood
floors, fresh paint, lush landscaping, or other
improvements.
- Get
a CMA. Invite a CMC Real Estate Professional to
visit your home and provide you with a
"comparative market analysis" (CMA),
which shows the prices of comparable of recently
sold homes, homes that are currently on the
market and homes that were on the market, but
weren't sold. Keep in mind, the on-the-market
homes are the "competition" for your
home.
- Do
your own market research. Go to open houses in
your neighbourhood and try to make an impartial
assessment of how those homes compare to yours in
terms of location, size, amenities and condition.
Assuming all the asking prices were the same,
would you buy your home or someone else's?
- Consider
market conditions. Are home prices in your area
trending upwards or downwards? Are homes selling
quickly? Will your home be on the market in the
spring home-buying season or the dead of winter?
Are interest rates attractive? Is the economy hot
or cold? Will you be selling in a buyer's market
or a seller's market? Is the local job market
strong or are employees fearful of loosing their
jobs? All of these issues (and many others)
contribute to the "market conditions"
for selling your home. The CMC Real Estate Team
can work with you in assessing the market
conditions and evaluating how your asking price
fits in with current conditions.
Showing
Your Home:
Showing
your home is one of the most important steps in selling
your home. Keep these tips in mind when showing your home
to prospective buyers:
- Keep
it bright: A home should have
a bright and positive appearance. Indoor-lighting
plays an important role in the proper exhibit of
your home -- turn on lights throughout the house.
- Keep
it clean: A personal
inspection of every room before a showing is an
absolute must. Be sure to focus on the kitchen
and bathrooms.
- Keep
the noise-level down: Many
sellers make the mistake of thinking that soft
background music improves the showing.
Unfortunately, this just isn't true! Noises tend
to divert the potential buyers from focusing on
the beneficial features of your home. Turn off
all TVS, stereos, and radios.
- Neutralize
the smell: In the short term,
it may be necessary to avoid cooking certain
foods while your home is for sale. Strong
smelling foods might be offensive to a
prospective buyer. Also, check the entire house
for any distasteful odours.
How To Use Feedback:
A
good salesperson will tell you that customer feedback is
an important part of any sale. This is also true with
selling your home! A CMC Real Estate professional will make
sure important feedback from both potential buyers and
their real estate agents are collected after a showing.
After all, how can you improve your chance to sell if you
don't know what potential buyers are thinking?
Collecting feedback and reading it
is the first step, only, in using potential buyer
feedback when selling your home. Our Team
will work with you to interpret feedback and
recommending any action that may be necessary.
Usable feedback might include a
comment like: "the house seemed dark." This
kind of feedback is easily remedied during the next
showing by turning on more lights and opening drapes.
Another example: "the yard
seemed smaller than what was described." This might
be caused by too many items (toys, outdoor furniture,
play-equipment, etc.), spread throughout the yard.
Feedback is always
worthwhile; the issue is, knowing how to use feedback to
better your chances of a quick sale.
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