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| 11 Keys for Selling Your House
for Top Dollar! |
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Saint Lucie West Communities: Lake
Charles | PGA
| The Vineyards | Heatherwood
| Magnolia Lakes | Lake
Forest | Lake Forest Point
| The Club | The
Belmont | Kings Isle 55+ Community
| Cascades 55+ Community
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Buying and selling a home is one of the largest transactions
a person makes in a lifetime. Typically, it is not a transaction
that occurs very often and, therefore, frequently results in mistakes
that could have been avoided by careful research or by hiring
a professional real estate agent. HomeValueHunt.com provides you
with some great tips on selling your home for top dollar--tips
that have been used by the top selling real estate agents in the
country to get homes sold quickly and for the highest possible
price in a given market and location.
A HOME HAS 60 SECONDS TO MAKE A LASTING
FIRST IMPRESSION, SO MAKE IT A GOOD ONE!
Remember the “60% rule” when it comes to the home buyers decision-making
process: It has been determined that 40% of the actual buying
decision is based on “curb appeal”--the first look at a homes
exterior from the street--as well as the property’s location and
neighborhood. Another 20% of the buying decision is determined
upon entering the home. In other words, sixty percent of the decision
to buy or not to buy a home is made when the buyer enters the
front door!
What is highest on the buyers “wish list” in today’s marketplace?
Most buyers are looking for an uncluttered home with a free-flowing
floor plan and a bright, clean interior that offers privacy, peacefulness,
and security for the family. Many buyers also want a guest room,
office space, an entertainment area for a big screen TV, and a
comfortable area in which to enjoy the family and good cup of
coffee!
Here are some great ideas to get your home ready for sale:
1. Put your home in tip-top condition. Pay special attention to
the landscaping and front exterior. Trim back trees and shrubs
that block windows, plant colorful flowers in the front, and paint
the exterior and trim, if needed. Pay special attention to the
front door, front windows and garage door. Be sure that the front
yard is cut and trim.
2. Get rid of clutter. Builders set up a model home with just
enough furniture to make the rooms appealing. Objectively evaluate
your own home. Remove large-scale furniture when possible—they
make rooms appear smaller. Open up tight traffic flow areas and
highlight key areas with lighting to accentuate the charm of your
home.
3. Make your home look spacious and bright. Change the light bulbs
to the maximum wattage allowed by your fixtures; open all shades,
shutters and drapes; and organize your closets. Have extra hangars
in the entry closet – room for coats. When replacing worn or dated
carpets, re-carpet everything the same throughout the house. If
painting the interior, use white or very light shades of color.
This creates an “empty canvas” for the buyer to work with.
4. Appeal to all of the senses. Make sure your home is free of
offensive odors, and use room fresheners to create pleasant aromas.
Nothing turns off a buyer more than odors. Good aromas include
fresh baked breads and cookies. A trick that works well is to
place a few drops of vanilla on aluminum foil and place it in
a low temperature oven. Turn on soft music and turn the TV off.
5. Make sure you disappear! When prospective buyers are viewing
your home, give them the privacy to discuss your home freely among
themselves. They need to feel at home in your home. A fast way
to lose a buyer is to make them feel as if they are intruding--interrupting
your dinner, your ballgame, or whatever. So, take a walk or visit
a neighbor while the buyers are touring your home.
6. Be sure your home gets proper exposure to potential buyers.
It is true that the more potential buyers that tour your home,
the greater is the chance that you will obtain top dollar for
your home. Be certain that the Marketing Plan for your home includes
advertising—locally and even worldwide on the Internet—using multi-media
methods as well as professional flyers and brochures, professional
“for sale” signs, and hold open houses for agents and the public.
Suggestion: List your home with a top real estate professional
who is experienced in all these methods!
7. Time your sale! The best buying seasons are Spring, Summer
and early Fall. Colors of Spring and the changing colors of Fall
may help sell your home. The hot summer months help sell homes
with pools. Always sell based on supply and demand: When there
are more buyers than homes for sale (sellers market), sellers
are able to obtain better prices and terms; when there are more
homes for sale than there are buyers, sellers may have to reduce
their prices and perhaps make other concessions in order to sell
their home. Also, keep in mind that it is easier to sell in a
low interest rate environment when more buyers can qualify for
a home loan.
8. Don’t let your listing get stale! Be sure your home doesn’t
stay on the market too long. If your home has not sold in a reasonable
period of time, take it off the market and try again later. A
house that stays on the market too long will go ” stale”, and
stale listings generally sell for a lower price!
9. Price it Right! DON’T UNDERPRICE AND DON’T OVERPRICE! If you
can back up your price with recent comparable sale prices for
similar homes, then you need not reduce your asking price. You
can negotiate from a position of strength, knowing that another
buyer will be willing to pay such a fair price. You may even end
up with multiple offers, thus creating a bidding war. Remember,
overpriced homes scare away both agents and buyers. Tip: One of
the best ways to know if your home is overpriced is if agents
preview your home but do not show it to prospective buyers.
10. Disclose! Disclose! Disclose! This is the time for the seller
to beware! Take the time to disclose, accurately and completely,
everything about your home! (See Disclosures)
11. Hire a top professional agent--one who enjoys a sound reputation
and good credentials; who will develop a Marketing Plan and a
Plan of Action for selling your home; and who has the staff to
carry out such plans to a successful conclusion. Be sure your
agent is a strong negotiator and will close your transaction without
compromising the sellers position in order to obtain a commission.
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COPYRIGHT ©
2003-2006 Melissa Conrad, Florida REALTOR. All Rights Reserved!
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