WHEN IT COMES TO A BUYERS MARKET DO NOT OVER IMPROVE : DO YOU AGREE?

By
Real Estate Agent with RE/MAX SOLUTIONS 9695882

When it comes to a buyer's market it is very essential to improve your home ,however the idea is to try to give your home a marketing edge, without overdoing it that is not overimproving it.

I think you would agree with me that the objective of improvements  you should make is not necessarily to give you a return on your money, but instead  such improvements should be generic, cosmetic improvements that actually enhance your home's functionality, efficiency and aesthetics which gives it all a contemporary feel.

A lot of times it may be simply cleaning up and removing cluther, a new coat of paint, putting a new carpet, even freshly manicured landscaping or even updating fixtures, even windows, doors and other nice touches will put your home in the best light for a quicker sale.

Oh! by the way i am never to busy for your referrals.  I hope you will enjoy this few tips.

Thanks to those who will find any portion useful for implementation in their own home or their clients homes.

Comments (3)

Tara Colquitt
Tara Colquitt, The Credit Woman, LLC - Philadelphia, PA
Credit Counselor
Paul: I agree. Most buyers don't care what the sellers did. A clean and clutter free place is most important.
May 03, 2008 11:11 AM
Elizabeth Cooper-Golden
Huntsville Alabama Real Estate, (@ Homes Realty Group) - Huntsville, AL
Huntsville AL MLS
Paul, I agree with Tara...clean and clutter free! Make it sparkle!
May 03, 2008 11:36 AM
Michelle Pimentel
Empire Home Staging Solutions - Upland, CA
ASP, IAHSP Empire Home Staging

Paul,

De-clutteriing, manicuring the yard,giving the house a fresh coat of paint, etc. These are all small cosmetic updates that can easily change the look of any home.  For most home sellers, this is probably the case, but as you know every homes condition can vary from house to house.  I have seen many times, where sellers will over spend on upgrades that perhaps were not necessary and then they can't re-coop their expenses at the time of sale! Or they may do the opposite and not spend enough, or repair enough of the houses flaws, and then they are not able to sell, or they just don't recieve offers strong enough to accept! It would be advisable for home sellers to get advise from a professional home stager, their realtor and or a combination of both to see where their dollars will be most effective when spending on renovations around the house.  This will allow them to make the right choices and stay within their own personal budget, so that they don't eat up all of their homes equity! Continued success!

May 03, 2008 03:56 PM