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SELL YOUR HOUSE IN WASHINGTON DC FOR TOP DOLLARS

Sell your home! Five tips to help you sell quickly for the highest valuation.

As we all know,the home sales have hit a record low even though this is a home buyers market and this will be the best time ever to buy a home since there are more supply than demand. However,some motivated home sellers have become savvy in doing whatever they can to sell their home. I would like to share with you what someone shared with me. Here are five tips to get your home sold quickly for the highest valuation:

- Prelist Home Inspections. These inspections allow home sellers to identify and repair problems rather than lose money during the sale. Statistics show that for every $1 of identified repairs, the home buyer would ask for double that in a price reduction. Paying $5,000 to repair a roof is far more enticing than losing $10,000 in the sale.

- Neighborhood Environmental Reports. These reports provide important information on known and potential contamination that may exist on or in the vicinity of a property. The seller could use this information to ensure buyers that the home is in an environmentally safe neighborhood.

- An overview of the neighborhood's assets. A list of the neighborhood's assets can help sellers market the area's positive attributes along with those of the home. Nearby schools, parks, community pools or other features can add value for a home buyer.

- Minor interior cosmetic enhancements. Upgrading or enhancing elements in a home gives potential home buyers the feeling that they can move in and feel comfortable in the home right away. Besides making kitchen and bathroom upgrades and cleaning floors and windows, the entry way should be well lit, clean and uncluttered, as it's the first room a potential home buyer evaluates.

- Minor exterior cosmetic enhances, curb appeal. Establish the right first impression by making a home's exterior more appealing. Make certain the lawn is green and mowed. Evaluate any stone walkways to be certain they're even. Plant flowers to add color and vibrancy.

If you are in the market to buy a house for sale in Washington DC,please visit my website at www.freelistofhomesforsale.com. I can also be reached at 202-378-0283 (Direct) or (301) 560-6700 x1154 (Office). Thank you very much. Looking forward to working with you and helping you make your home buying or selling process a stress free and very happy one. Have a great day. Lanre Folayan "Buy Washington DC Real Estate"

Mr "DC REAL ESTATE GUCCI MAN"

Posted by Lanre Folayan DC & PG County MD homes for sale on 11/12/2007 07:16 PM

Comments (29)

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Originally posted at: DC Real Estate and Area Events: SELL YOUR HOUSE IN WASHINGTON DC FOR TOP DOLLARS

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29 Comments on SELL YOUR HOUSE IN WASHINGTON DC FOR TOP DOLLARS

NOV

2007

Those are some great tips. Thanks Lanre.

Lanre,

Good post to 'bookmark' !!! Thanks, Fran

great tips, but most sellers' agents NEVER recommend them. I wonder why. Instead, they blame the buyer when they uncover some of these issues! I really don't get it.

Lanre - Fix everything possible, pre-inspect and make it spotlessly clean. These are the best things anyone can do. Thanks for sharing this with us.

best

Lanre,

Great job on this post, and you are so right! Things like this can be the difference between "selling, or sitting".

Lanre - Sound advice; fixing things ahead of time could save money later. Getting reports to show that the area is enviromentally safe is also very important, these days people are very concern about this issue.

Great post! I will share the info with other agents. Thanks!

NOV

2007

Jeff - Anytime. Hope you found them helpful for you. Thanks.

Fran - Glad you liked it. Thank you.

Joan - You are absolutely right. But how can they blame buyers for that? That's crazy though. Thanks again.

Gary - If only sellers do this. But a lot of them don't and they wonder why their listing is not getting no showings.Thanks for your comment.

Lynda - Selling or Sitting. I really like that. Thanks Lynda.

Jennifer - Buyers are very concerned about if the area is enviromentally safe.Thanks.

Brian - You are very welcome sir.

NOV

2007

How do you do with the pre-list inspections? Do you get a discount from your inspector? As a listing agent I have thought about this several times however convincing clients to spend 300 bucks on this is hard for me as I would think as a buyers agent I would still have to advise my clients to get a home inspection.....

I have a hard time seeing the value in this but I keep hearing about this subject.....but again have heard a lot of this but still have not ran into an agent that does this...

Todd Hueffed

http://www.thathomezone.com/ in partnership with Keller Williams North Seattle

NOV

2007

Excellent ideas to help sell the home as quickly as possible.

NOV

2007

Lanare,

These are great tips! I am going to share these ideas. In a traditional sale it is easy to make these suggestions but it is a little more difficult if it is a short sale. In fact, it is hard to get them to clean up. Any ideas?

D'Adrea Davie of Mother & Daughter Realty Team

NOV

2007

Great tips, I will incorporate them into my listing presentation and see if this help my sellers be willing to put out the money upfront to get that inspection. It is a good idea and it is a help with protecting us agents with disclosures about the property

#4, #5 and some things in #1 are covered by many professional home stagers - they will know what upgrades pay off, what enhancements need to be done, current color trends, highlighting architectural details, etc. My staging company thoroughly goes thru the entire inside and outside of the home - and makes a note of any leaking faucets, water stains, smells, etc.

A pre-inspection is a great idea.

NOV

2007

I do most of what youreommend with good results especially the inspections. I like the idea about listing the neighborhood amenities... good point often overlooked.

Perrin - I think a lot of people over neighborhood amenties. If you live in a very nice neighborhood,you should let buyers know about it.

Kathleen-You'll be surprised how some sellers dont want know pre-inspection before putting the property on the market. Again,if they identify the problems in their house and fix it before they put it on the market,their property will probably sell quicker.Thanks.

Rosemary -I am going to incorporate it into my new listing presentation as well. I think if sellers get a pre-inspection,it will help them sell their home fast and for even top dollars. Great post.

D'Adrea -You are right. But it is good to disclose it to your sellers. Sorry I don't have no ideas. But if I do,I will definitely let you know. Thanks for commenting.

Matthew - Thank you matthew.

Todd- I don't know why sellers wouldn't want to do something that will help them sell their house for top dollars. Me and you know of course that a small investment into making their home more salable could even yield more dollars than the asking price when they sell it.

NOV

2007

Lanre,

great information to share, as always it is appreciated when we help us each other, keep the good blog / work.

Best Wishes

Ray Saenz

NOV

2007

Thank you Ray. I really appreciate it. I just want to help as much as all the creative and brilliant real estate agents like yourself have been helping me.

NOV

2007

Lanre,

it is always good to help fellows here in our community, today someone from AR sent an email to let him know about where were the RE Contracts for Colorado, I was more than happy to give him the link for the Colorado Real Estate comission.

keep the good blog !

Ray Saenz

Lanre, It always helps to include lots of neighborhood information. I need to do more of that!

Patricia - As you know,some neighborhood actually sells the house for you if you market the property right. But you are professional,it don't like you need no help at all superstar. Great post.

Lanre,

The prelist inspection is really important for the reasons you state, especially in today's tough market. But many sellers prefer to hide problems in the hope of getting away with it and they usually don't. Good points.

NOV

2007

Great post Lanre - Thanks for the comment on mine. The Vegas market is definitely interesting. The Foreclosure trend/mortgage meltdown/oversupply has affected the Vegas market almost across the board. the are that I've notice is affected the least is the high-end market. Most of the BPOs I'm doing are for short sales or foreclosures. On the high-end, I've done a number of BPOs on custom homes that are nearing completion of construction. I'd be glad to share info with you anytime!

DEC

2007

Esko - They might as well disclose any latent defects or problems of their house upfront instead of trying to hide it only to be discovered later and can possibly lead to a lawsuit if the problem is bad. Thanks for commenting.

Lowell -I appreciate that Lowell. Thanks for commenting.

DEC

2007

Lanre, These are certainly things a seller should do to give their property a competitive edge.

Great tips, Lanre. One of my clients did have their home preinspected before putting it on the market and it did help quite a bit. It was a great selling point in that the home had a home inspection already.

Lanre - I'm a big fan of the pre-list inspections. They have certainly worked for me.

DEC

2007

Jennifer -I agree with you. And doing this would give them that edge. Thanks for commenting.

Terry - Very good. I am very happy to hear that. Hope the transaction goes smooth and quick for you. Thanks for commenting.

Darryl -I am too. I am definitely happy that it has worked for you. Thanks for commenting.

APR

2008

Lanre, I have loved your past posts, and thought I would visit your site to see what else you had. Of course, another great one, ,just as suspected! I'll borrow this for my sellers book! Thanks Lanre. Elizabeth

APR

2008

Elizabeth - As usual,you are always supporting me Liz. Thanks for your nice words. Thank you very much for your comments.

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