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How Do I Fix Up a Home to Sell?

By
Real Estate Agent with Mapleridge Realty, CT 203-206-0754 REB.0759001

How Do I Fix Up a Home to Sell?

Above all, most sellers find it difficult to remain completely objective and unemotional about the condition of their home, and how it will be perceived by buyers in the market, and this may have an effect on their judgment. For accurate information, it is best to obtain an impartial, third-party opinion by a professional in the field of home inspection. The first thing you need to do is stop thinking of your home as "home" and start thinking about it as a commodity that you want to sell. To be a successful seller you must detach yourself emotionally from your home and be brutally honest about how it should look in order to sell.

Property condition and appearance play a much bigger part in home sales now than they did in the run-away seller's market of the late 1980’s, when even rundown fixer-uppers sold at a premium. Today’s buyers discount the price if a home needs work, if they buy it at all.

You don’t have to spend a fortune preparing your home for sale. In fact, you shouldn’t. Concentrate on cost effective improvements that will give you a good return on your investment.

When people begin to think about selling their home, one of the first questions they ask is "how do I fix up their home to sell?"  You’ll be happy to know that a lot of what needs to be done to get your home ready to sell doesn’t cost a lot. It just takes time and elbow grease.

For instance, paint is one of the least expensive improvements you can make to your home that adds value instantly. A neutral color may seem boring to you but it is a safe bet from a resale standpoint.

Also, curb appeal is very important. Does your yard appear well maintained? Is your lawn neatly mowed? Above all, most buyers find it difficult to remain completely objective and unemotional about the house they really want, and this may have an effect on their judgment. For accurate information, it is best to obtain an impartial, third-party opinion by a professional in the field of home inspection.

How Do I Fix Up a Home to Sell?

Frequently Asked Questions #10

 

 

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Edward (Ed) Silva
Broker Associate

Serving Central Connecticut Sellers and Buyers

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Adrian Willanger
206 909-7536 AdrianWillanger-broker.com - Seattle, WA
Profit from my two decades of experience

Good Morning, excellent point! It's hard for sellers to be objective with repairs and other necessary items to get their homes ready to sell, much of what they can do themselves.

Jun 09, 2012 01:28 AM
Debbie Cook
Long & Foster Real Estate, Inc - Silver Spring, MD
Silver Spring and Takoma Park Maryland Real Estate

A stager and a pre listing home inpection are becoming common pre-requisites for listing a home in today's market and I think it's all for the better.

I haven't once had a seller that was not pleased and wowed with the changes made by my home stager.  Even the most "hard core", resistant sellers are convinced, once they see the results. 

Jun 09, 2012 01:56 AM
Brian Park
Park Realty Investments - Murray, UT

Part of my service is telling the sellers, I have a tough job for you to do before we expose your home to the market and that is to forget that this is your home and you want it the way you want it. Your job is to now declare that this is a house and only a house, and you have to do things that appeal to the buyers out their in the markket looking for a house, they don't want your home, they want a house they will make their home.,

if the buyers cannot relate the house to their needs, you get to keep it and if you really want to keep it then don't put it up for sale. That is the basic message attached to the old the way we live in a house that is your home verses the way you live in a house for sale is different but the good news M/M Seller is by appealing to the buyer's tastes you will normally net more money when it is sold.

Jun 09, 2012 02:45 AM
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Hi Ed,  It's that old thing about beauty being in the mind of the beholder !  It still comes down to " deferred maintenance " !

Jun 09, 2012 03:45 AM
Christine Smith
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com - Canton, MA
Exclusive Buyer Agent & Attorney, Canton, MA

Ed....you hit it right on the nose when you said condition and appearance are more important now than they used to be.  Many Sellers don't seem to realize this.

Jun 09, 2012 06:51 AM
Pamela Seley
West Coast Realty Division - Murrieta, CA
Residential Real Estate Agent serving SW RivCo CA

I have to agree with Lenn and Bill. "Deferred maintenance" is the issue these days for sellers. It would be better for sellers to make those repairs, unless they can take the hit on lower price.

Jun 09, 2012 07:28 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

David, selling a home can be stressful for the sellers, but getting rejected by buyers repeatedly only make it worse. Thanks for stopping.

Kathryn, standing back and being objective would always be the best way.

Lenn, I wasn't looking to imply deception, just to get the title completed simply. Deferred maintenance is probably the single most reason a home will not sell, and many times the seller is oblivious because the home was comfortable to them.

Edward, I have had inspectors do a pre-listing inspection and only charge a fraction of a full inspection primarily because they do not provide a complete detailed report but just the summary. In this circumstance, they had already shown the issue to the seller when they were there.

Michael, it gets difficult to detach completley

Fred, it is amazing that a seller will live with an issue and only get it fixed when they want to sell the home. Maybe it would ave been cheaper had they fixed the problem when it originally presented itself.

Thanks for taking the time, John

Richie, it is a simple premise, yet sometimnes they fail to see the logic.

 

 

Jun 09, 2012 07:54 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Heather, it's understood that the more expert advice the seller gets the more productive and profitable the sale can become.

Myrl, maybe it's the fear of making it look so good to sell that they decide not to sell after all.

Debbie, if all the solutions were simple then the clients might not really need our help and just do it themselves

Jordan, thanks for taking the time to stop.

Kevin, for the seller to fix something may cost $100. The buyer sees a cost closer to $1,000. It makes sense to take the negative away from the buyer or else price to reflect the work needed.

Rob, I agree, the idea is just to take the negative out of the mind of the buyer

Adrian, the more a seller can do to help the house get sold the quicker and better it goes.

Jun 09, 2012 08:05 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Ed  "The first thing you need to do is stop thinking of your home as "home" and start thinking about it as a commodity that you want to sell."

You are right but that is very hard for most homeowners to do, even though they really need to.

Jun 09, 2012 08:08 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Debbie, the longer the seller has been in the home, the better the decision to bring in the specialists

Brian, it may be harsh, but it certainly saves time

Bill, it is amazing how bad the sight gets within their homes and when they are also looking to buy something else they get 'eagle eyes'. Thanks for stopping.

Christine, when the house sits on the market the message will ultimately sink in.

Pamela. deferred maintenance is one issue and issues that are unknown is another and even worse.

Jun 09, 2012 08:11 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Gosh, George, I didn't think I was that profound until I saw it highlighted in your comment

Jun 09, 2012 08:13 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

I agree that paint can be the least costly fix with the biggest impact if the seller does the work himself. If he hires a painter, it can be costly.

Jun 09, 2012 12:39 PM
Joy Daniels
Joy Daniels Real Estate Group, Ltd. - Harrisburg, PA
Yes we need to tell our sellers several times...selling your home needs to be a Buiness decision.
Jun 09, 2012 12:59 PM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Ed - "stop thinking of your home as "home" and start thinking about it as a commodity that you want to sell"

This is so true, and it's so hard for some people to do when they decide to sell.

Jun 09, 2012 03:48 PM
Edward Gilmartin
CRE - Boston, MA

It is great when the person you list home for is also looking for a new home with you.  It opens his or her eyes to things he or she should take care of from seeing other peoples mistakes.

Jun 09, 2012 11:06 PM
Virginia Fisher
Showhomes - La Jolla - Encinitas, CA

#16, #9 and #19- Couldn't agree with you more. With so much on the market you need your home to stand out. Work with a professional- many of whom have options that are very affordable. Our staged homes sell faster and at higher prices. This is even more true if for some reason the home is for sale and vacant! Professionally decorated and if need be, professionally occupied homes tend to present much better. So many advantages for owners and realtors when done well.

Jun 10, 2012 05:03 AM
Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Ed, it's so difficult for a seller to detach themselves emotionally from their home.  I don't know if they can completely do that, but introducing a third party such as a home stager is a good start.  Two of the easiest, least expensive points you mentioned were painting and curb appeal, unfortunately it's a battle we fight almost daily with our sellers.

Jun 10, 2012 06:38 AM
Al & Peggy Cunningham, Brokers
RE/MAX West Realty Inc., Brokerage - Brampton, ON
Our Family Wants To Help Your Family!

Great advice Ed! We find so often it is hard for Owners to be objective and unemotional. That's why they need our advice, its a realtors job to stay objective!

Jun 10, 2012 08:03 AM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Ed, you're so right - some times the simplest, least expensive things will help a home sell at the highest price and in the quickest time.  Clean, freshly painted homes really show off a home to it's best advantage.  The rest is all in the pricing.  Great job. 

Jun 10, 2012 01:20 PM
Doris Freeman
Zach Taylor Real Estate - Gallatin, TN
Broker/Agent, 615-961-7799

Thanks for the great information, and a home inspection prior to a buyer submitting a contract is always good, that's where I ' start with fising it up, next home staging.

Have A Great Day

Jun 10, 2012 01:39 PM