O.K. honestly I can't guarantee that a seller will sell in this market, but I can give you some helpful hints based on what I notice buyer's are looking for. And if it makes you feel any better, I'm getting ready to sell in the Spring market next year so guess what... I have to take my own advice.
The Absolute Musts
This information probably won't be anything new. Hopefully, you've already heard from the news or other professionals in the real estate business that in today's market, these things HAVE to be done to get the premium price.
- PRICE CORRECTLY - If you want to sell in the near future, price is critical and buyers know approximately what your home is worth because they have been in all your competitor's homes.
- CURB APPEAL - With so many homes on the market, this aspect is absolutely crucial. Buyers have been known to walk away because the outside of the home left something to be desired. From their point of view, if you won't keep up the outside of the home, who wants to go inside... it probably looks about the same as the outside... not good.
- BE FLEXIBLE - Unfortunately, as a seller and if you really want to sell, playing hard ball can cost you more time on the market. Don't give up the ship but be reasonable.
For a video relating to this view this link: http://activerain.com/blogsview/179720/The-Market-Is-What
Now, For More Detail
This area really has to do with what we call Staging. Because of the many homes for sale, staging professionals are really finding a niche in this market and are helping homes be the home that rises above the competition. As a Realtor, opinions vary about staging and painting. At one time, everything was supposed to neutral. Now, I've seen more homes with color and it seems to be something that buyers are drawn to. A really great resource that I like to view is HGTV. In their latest magazine, they gave some really great pointers that I wanted to share.
- White wash won't sell - The home that was picked consisted of mainly white walls throughout the home. Here's what the commentary was on the color white. "...white is not a neutral color, and therein lies a lesson. It can be downright bold and cold." (HGTV Ideas.) Instead the fix was to put color in every room, warm ginger in the living room giving it a sophisticated look, sage in the bathroom, and a smoky plum in the bedroom.
- Get rid of Clutter - Stagers are big on getting rid of the clutter in a house. By doing so they can create a room that looks bigger.
- Rearranging Furniture - Feel free to move the wing-backed chair from the living room into the master. Another item that I've noticed is that stagers have no problem moving the big living room sofa away from the wall. They tend to create more intimate settings and a lot of times the furniture is pulled away from the walls.
- Decorate with Extra Color - Fresh flowers, candles and focal point knick knacks really add to the room's cozy feel.
Do You Have An Ugly Room... You Do, Don't You?
I'm still browsing through this catalog more for personal reasons than anything else and I notice another great article from HGTV. How do you solve the Ugly Room issue.
To read more on this article click here:
References: HGTV Ideas. Grand Rapids Press. Summer 2007., "Designed to sell". "Where's your Ugliest Room?"
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