If you’re selling your home (or at least considering it) you’ll want to Read This. Feel free to pass it along to any friends or family members who are also thinking of selling.
In today’s market, the competition is as fierce as ever to get buyers to look at your home over your competition’s. Moreover, it’s tougher than ever to get them to make an offer without your home looking spiffy…especially if you want top dollar.
Here, we’re giving you some solid input on why you need to get repairs done before you sell and what the best process is to follow in getting them squared away. Now, you don’t necessarily need to wait to list your home until the repairs are done. We have a “Coming Soon” listing program that gets people excited about your home as you do what you have to do to prepare it for sale. It works like magic and you’ll have to call us and find out about it when you’re ready to sell.
That said, you won’t want to share your home until it’s picture perfect.
Enjoy the tips we’ve laid out for you and let us know if you’d like a complimentary review of your home to determine what, if any, repairs need to be made before you sell your home. You can call us at 914-902-3253
Repairs, renovations and upgrades are a must-do before you put your house on the market. All existing systems, including windows, doors, plumbing, and electrical must be in perfect working order. You may not have to replace or upgrade every item. But you need to know that buyers in this marketplace expect that the home they purchase is in perfect working order. The benefit for you is that this buyer pays you top dollar for a home that is “toothbrush ready.” That’s a real estate expression that agents often use to signify a house that is move in condition without any further preparation. “Just bring your toothbrush.”
4 Reasons Why Repairing Before You Sell Saves You Money
- Your potential buyers won’t be distracted by problems and repair items; they will focus on your home’s positive, not negative, features.
- Your actual cost to fix items will always be less than a buyer’s estimate.
- Your purchase negotiations won’t drag on and on over minor repair issues.
- You won’t have to do a price reduction to reflect the estimated (over-inflated) cost of repairs.
Ignoring Repairs Costs You Money!
You want to make the big bucks when you sell? You want to sell quickly? Then you are just going to have to bite the bullet and do all the needed repairs. It’s important to complete all these repairs before the sale because you are going to have to do them eventually. Yes, that’s right, somehow and at some point these repairs will cost you! And if you don’t do them before sale day, you’re going to be selling your house for a lot less than what these fixes cost. And here’s the real bottom line: Fixing them now is the most cost-effective way to take care of them. The longer you wait, the more it will cost you. Simple as that. So just do them!
Saving Money on Repairs
The least expensive way to deal with problems and repairs is to address them before you sell. Waiting to have the buyer inspect and then ask for a credit or price reduction always results in the cost of the repair being overestimated—costing you money. It also forces the negotiations to drag out longer—costing you money. It can force you to reduce the price of your house—costing you money. But most importantly, even the littlest repair or problem will distract your buyer as they walk through your house deciding if they want to buy and how much they want to offer. It takes them out of their positive emotional experience and forces them to focus on problems…not positive aspects. Again…and big time….costing you money!
Rummy Dhanoa Real Estate Experts