A “For Sale” sign pops up on a house in your neighborhood. Suddenly, a variety of thoughts pop into your head. Why are they selling? Where are they going? I wonder who will move in there. How much is that house worth? How much is MY house worth? Maybe I should sell! There are lots of reasons for selling a house. Among them could be:
A job transfer, a job loss, empty nesters/downsizing, growing family/trading up, a death, or changes in family structure.
Do home sellers fix up before they sell, or sell as is?
The answer will be unique for each seller. There are pros and cons to both sides. It will involve your budget, how much time you have, and the market conditions in your area. Mona can help you determine what makes sense for your situation and what buyers are looking for in your specific neighborhood. She will show you the comparables (recently sold homes in your area). How does your home compare? If there is a big difference in price between a turnkey fixed up home and one that needs work in your neighborhood, and it’s only a matter of some paint, new carpet, and hiring a cleaning service, it might be wise to do those minor repairs. Look at what’s going on with the rest of the neighborhood, and aim for that. Putting super high end finishes into a house before selling, may not get you the return of that investment if yours is the only house that has them. Think clean, uncluttered, and neutral. Remember first impressions count. The yard should be trimmed and tidy. Here are a few other ideas for things that should be taken care of before selling.
•Patch all holes and cracks in walls and ceilings.
•Repair leaky faucets.
•Replace worn carpeting.
•Repaint dark walls with a lighter neutral color
•Replace broken windows.
•Repair the roof.
•Change out dated light fixtures or ceiling fans.
If time, budget or other concerns will not allow for any fix ups, it could affect your time on the market, and the price your house will sell for. On the other hand, there are buyers out there that are looking for a fix up opportunity. Letting the future buyers take on these major renovation costs could be a win win. It saves you, the seller, time and hassle and money, and the buyer can remodel it the way they like it. Plus you can save your remodeling energies and resources for your next home.
If you are thinking of selling your homes, one of the first things to do is get in touch with a good Realtor. Mona has 15+ years of experience in this area, and can help formulate a game plan to help you sell when and how you want to. Do you have time to fix it up first? Just enough time to do some cosmetic fixes? Or you need to sell fast because of a job transfer. Selling a house can be overwhelming. It helps to have someone to help clarify what happens and how it’s done. Call or email today. We will help you with navigating the signs!