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3 Home Seller Preparation Lessons You Don’t Want to Learn the Hard Way

By
Real Estate Agent with Savvy + Company (704) 491-3310 228209

3 Home Seller Preparation Lessons That You Don’t Want to Learn the Hard Way

 

Most Charlotte home sellers make several home upgrades prior to putting their home on the market, whether they're minor renovations or significant improvements that come at a high cost. Remember, it's important to determine what renovations/rehabs/fixer-upper item will improve the value of your home and which ones you should forget upgrades you can forget about doing. If you're planning now for your renovations, here are three things to ponder before getting started.

 

Make a Budget & Stick to It

Budget

 

If you’re targeting a certain sales price on your home, it's important to go into home renovations with a clear head and decide beforehand how much you're willing to spend. You certainly won't be able to do everything but, by doing the smaller upgrades, adding a coat of paint or removing some outdated design features, you can likely spend less for a lot more value.

 

Keep in mind that once you've decided on a budget, you should to stay within that budget - the results can be disastrous if you don't have a budget...and stick to it!

 

Choose Complimentary Improvements

 

From year to year, what's popular in the design market changes and it can be testing the more inexpensive trends in the hopes of garnering a higher price. However, simply because something is trendy does not mean that it's going flatter the aesthetics of your home. Instead of choosing things that are trendy but, out of place in your home, opt for changes that will complement the general design style of your home, yet add the best value. Avoid trendy at all costs - or it will cost you!

 

Re-Consider the Space

 

Put yourself in your buyers' shoesWe’ve seen a surge in homeowners that believe in quantity over quality, meaning they have invested in renovations to add a second bedroom or a den. It might seem like an extra room is ideal but, if you're cutting into your kitchen, living room or flex space, it can completely change the aesthetics of your home. Buyers prefer open floor plans so, the focus should be on expanding the main living areas (perhaps having a structural engineer evaluate whether you can take out non-load-bearing walls, focusing fewer, larger rooms that will garner more buyer interest. Put yourself in buyers' shoes - or ask me! 

 

There are many renovations that can instantly improve the value of your home but, it's important to determine what will compliment your home and how much you want to spend before committing to anything. If you're planning to put your home on the market in the near future, let’s talk!  I’m happy to share with you my experience and knowledge in the preparation of homes for sale in the Charlotte market. Our focus will be on spending the least amount to garner the higher sales price but, give the buyers what they are in search of in our current market.  

For more Charlotte home seller information, visit www.ListMyCharlotteHome.com.

 

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | (704) 491-3310 | 3 Home Seller Preparation Lessons That You Don’t Want to Learn the Hard Way

Comments (14)

Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Debe: Sage advice for those who are considering putting their home on the local market. If you know what you want to accomplish it is easier to stay on-track (and on budget).

Jun 02, 2017 03:00 AM
James Dray
Fathom Realty - Bentonville, AR

Good morning Debe.  "Let's talk" says it all.  Lack of communication will cost  the sellers a ton of money, some renovations that are not necessary

Jun 02, 2017 03:41 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Excellent advice for any prospective home seller, Debe.  Thanks.

Jun 02, 2017 04:32 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

"Trendy"  doesn't always work for either the homeowner or the buyer pool..best to consult an expert and calling Debe Maxwell, CRS in Charlotte will guide  you thru that decision making process.

Jun 02, 2017 04:55 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Hi Anita Clark!  Yes, you're so right - even having a budget is something that some forget!

Jun 02, 2017 06:44 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Hi James Dray!  The most difficult thing is when you've arrived to a listing appointment and the sellers have already made changes that are not what today's buyer is looking for!

Jun 02, 2017 06:45 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thanks, Gabe Sanders!  I hope you have a fabulous Friday!

Jun 02, 2017 06:45 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thank you, Sally K. & David L. Hanson! Trendy or over-personalized, I lump into the same category - just don't do anything until we've talked! Seriously!!

Jun 02, 2017 06:46 AM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Starting off first with staying with a budget and having one is the most important.

Jun 02, 2017 07:15 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Yes, I agree, Joe Pryor! It's always surprising to me that some have no budget in mind!

Jun 02, 2017 07:49 AM
Shahar Hillel
Encino, CA
Mortgage Consultant, Loan Officer.

Debe hello.

Planning in advance and having the knowledge,

can make things a lot easier.

 

Jun 14, 2017 12:02 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Debe Maxwell, CRS ,

I'm so glad Gabe Sanders re-blogged this post as I missed it. Excellent advice for homeowners thinking of selling. "Let's talk" is some important with a professional like you! A home seller can learn what they need to do what is the best bang for their buck to attract buyers.

Jun 14, 2017 05:28 AM
Sharon Tara
Sharon Tara Transformations - Portsmouth, NH
Retired New Hampshire Home Stager

Great information. Most sellers need a professional to offer advice on what would be the wisest improvements to make. Seeking professional advice could make them and save them money!

Jun 14, 2017 06:15 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Thanks for the blog Debe. So many people don't know how to decide which if any home improvements they should make before listing their home for sale.

Jun 14, 2017 10:04 PM