Introduction - Emotion vs.
Reason
When
conversing with real estate agents, you will often find that
when they talk to you about buying real estate, they will
refer to your purchase as a "home." Yet if you are selling
property, they will often refer to it as a "house." There is
a reason for this. Buying real estate is often an emotional
decision, but when selling real estate you need to remove
emotion from the equation.
You need
to think of your house as a marketable commodity. Property.
Real estate. Your goal is to get others to see it as
their potential home, not yours. If you do not
consciously make this decision, you can inadvertently create
a situation where it takes longer to sell your property.
The
first step in getting your home ready to sell is to
"de-personalize" it.
De-personalize the House
The
reason you want to "de-personalize" your home is because you
want buyers to view it as their potential
home. When a potential homebuyer sees your family photos
hanging on the wall, it puts your own brand on the home and
momentarily shatters their illusions about owning the house.
Therefore, put away family photos, sports trophies,
collectible items, knick-knacks, and souvenirs. Put them in
a box. Rent a storage area for a few months and put the box
in the storage unit.
Do not
just put the box in the attic, basement, garage or a closet.
Part of preparing a house for sale is to remove "clutter,"
and that is the next step in preparing your house for sale.
Removing
Clutter, Though You May Not Think of it as Clutter
This is
the hardest thing for most people to do because they are
emotionally attached to everything in the house. After years
of living in the same home, clutter collects in such a way
that may not be evident to the homeowner. However, it does
affect the way buyers see the home, even if you do not
realize it. Clutter collects on shelves, counter tops,
drawers, closets, garages, attics, and basements.
Take a
step back and pretend you are a buyer. Let a friend help
point out areas of clutter, as long as you can accept their
views without getting defensive. Let your agent help you,
too.
Kitchen Clutter
The
kitchen is a good place to start removing clutter, because
it is an easy place to start. First, get everything off the
counters. Everything. Even the toaster. Put the toaster in a
cabinet and take it out when you use it. Find a place where
you can store everything in cabinets and drawers. Of course,
you may notice that you do not have cabinet space to put
everything. Clean them out. The dishes, pots and pans that
rarely get used? Put them in a box and put that box in
storage, too.
You see,
homebuyers will open all your cabinets and drawers,
especially in the kitchen. They want to be sure there is
enough room for their "stuff." If your kitchen cabinets,
pantries, and drawers look jammed full, it sends a negative
message to the buyer and does not promote an image of
plentiful storage space. The best way to do that is to have
as much "empty space" as possible.
For that
reason, if you have a "junk drawer," get rid of the junk. If
you have a rarely used crock pot, put it in storage. Do this
with every cabinet and drawer. Create open space.
If you
have a large amount of foodstuffs crammed into the shelves
or pantry, begin using them – especially canned goods.
Canned goods are heavy and you don’t want to be lugging them
to a new house, anyway – or paying a mover to do so. Let
what you have on the shelves determine your menus and use up
as much as you can.
Beneath
the sink is very critical, too. Make sure the area beneath
the sink is as empty as possible, removing all extra
cleaning supplies. You should scrub the area down as well,
and determine if there are any tell-tale signs of water
leaks that may cause a homebuyer to hesitate in buying your
home.
Closet Clutter
Closets
are great for accumulating clutter, though you may not think
of it as clutter. We are talking about extra clothes and
shoes – things you rarely wear but cannot bear to be
without. Do without these items for a couple of months by
putting them in a box, because these items can make your
closets look "crammed full." Sometimes there are shoeboxes
full of "stuff" or other accumulated personal items, too.
Furniture Clutter
Many
people have too much furniture in certain rooms – not too
much for your own personal living needs – but too much to
give the illusion of space that a homebuyer would like to
see. You may want to tour some builders’ models to see how
they place furniture in the model homes. Observe how they
place furniture in the models so you get some ideas on what
to remove and what to leave in your house.
Storage Area Clutter
Basements, garages, attics, and sheds accumulate not only
clutter, but junk. These areas should be as empty as
possible so that buyers can imagine what they would do with
the space. Remove anything that is not essential and take it
to the storage area.
Or have
a garage sale.
Fixing Up
the House Interior
Plumbing and Fixtures
All your
sink fixtures should look shiny and new. If this cannot be
accomplished by cleaning, buy new ones where needed. If you
don’t buy something fancy, this can be accomplished
inexpensively and they are fairly easy to install. Make sure
all the hot and cold water knobs are easy to turn and that
the faucets do not leak. If they do, replace the washers. It
is not difficult at all.
Check to
make sure you have good water pressure and that there are no
stains on any of the porcelain. If you have a difficult
stain to remove, one trick is to hire a cleaning crew to go
through and clean your home on a one-time basis. They seem
to be wonderful at making stains go away.
Ceilings, Walls and
Painting
Check
all the ceilings for water stains. Sometimes old leaks leave
stains, even after you have repaired the leak. Of course, if
you do have a leak, you will have to get it repaired,
whether it is a plumbing problem or the roof leaks.
You
should do the same for walls, looking for not only stains,
but also areas where dirt has accumulated and you just may
not have noticed. Plus, you may have an outdated color
scheme.
Painting
can be your best investment when selling your home. It is
not a very expensive operation and often you can do it
yourself. Do not choose colors based on your own
preferences, but based on what would appeal to the widest
possible number of buyers. You should almost always choose
an off-white color because white helps your rooms appear
bright and spacious.
Carpet and Flooring
Unless
your carpet appears old and worn, or it is definitely an
outdated style or color, you probably should do nothing more
than hire a good carpet cleaner. If you do choose to replace
it, do so with something inexpensive in a fairly neutral
color.
Repair
or replace broken floor tiles, but do not spend a lot of
money on anything. Remember, you are not fixing up the place
for yourself. You want to move. Your goal is simply to have
as few negative impressions upon those who may want to
purchase your property.
Windows and Doors
Check
all of your windows to make sure they open and close easily.
If not, a spray of WD40 often helps. Make sure there are no
cracked or broken windowpanes. If there are, replace them
before you begin showing your home.
Do the
same things with the doors – make sure they open and close
properly, without creaking. If they do, a shot of WD40 on
the hinges usually makes the creak go away. Be sure the
doorknobs turn easily, and that they are cleaned and
polished to look sharp. As buyers go from room to room,
someone opens each door and you want to do everything
necessary to create a positive impression.
Odor Control
For
those who smoke, you might want to minimize smoking indoors
while trying to sell your home. You could also purchase an
ozone spray that helps to remove odors without creating a
masking odor.
Pets of
all kinds create odors that you may have become used to, but
are immediately noticeable to those with more finely tuned
olfactory senses. For those with cats, be sure to empty
kitty litter boxes daily. There are also products that you
can sprinkle in a layer below the kitty litter that helps to
control odor. For those with dogs, keep the dog outdoors as
much as possible. You might also try sprinkling carpet
freshener on the carpet on a periodic basis.
Costs of Repairs
Do not
do anything expensive, such as remodeling. If possible, use
savings to pay for any repairs and improvements – do not go
charging up credit cards or obtaining new loans. Remember
that part of selling a house is also preparing to buy your
next home. You do not want to do anything that will affect
your credit scores or hurt your ability to qualify for your
next mortgage.
See
Cost vs. Value reports
Fixing Up
Outside the House
Most
real estate advice tells you to work on the outside of the
house first, but unless there is a major project involved,
we believe it is best to do it last. There are two main
reasons for this. First, the first steps in preparing the
interior of the house are easier. They also help develop the
proper mind set required for selling - beginning to think of
your "home" as a marketable commodity. Second, the exterior
is the most important. A homebuyer’s first impression is
based on his or her view of the house from the real estate
agent’s car.
So take
a walk across the street and take a good look at your house.
Look at nearby houses, too, and see how yours compares.
Landscaping
Is your
landscaping at least average for the neighborhood? If it is
not, buy a few bushes and plant them. Do not put in trees.
Mature trees are expensive, and you will not get back your
investment. Also, immature trees do not really add much to
the appearance value of the home.
If you
have an area for flowers, buy mature colorful flowers and
plant them. They add a splash of vibrancy and color,
creating a favorable first impression. Do not buy bulbs or
seeds and plant them. They will not mature fast enough to
create the desired effect and you certainly don’t want a
patch of brown earth for homebuyers to view.
Your
lawn should be evenly cut, freshly edged, well watered, and
free of brown spots. If there are problems with your lawn,
you should probably take care of them before working on the
inside of your home. This is because certain areas may need
re-soding, and you want to give it a chance to grow so that
re-sod areas are not immediately apparent. Plus, you might
want to give fertilizer enough time to be effective.
Always
rake up loose leaves and grass cuttings.
House Exterior
The big
decision is whether to paint or not to paint. When you look
at your house from across the street, does it look tired and
faded? If so, a paint job may be in order. It is often a
very good investment and really spruces up the appearance of
a house, adding dollars to offers from potential homebuyers.
When
choosing a color, it should not be something garish and
unusual, but a color that fits well in your neighborhood. Of
course, the color also depends on the style of your house,
too. For some reason, different shades of yellow seem to
elicit the best response in homebuyers, whether it is in the
trim or the basic color of the house.
As for
the roof, if you know your house has an old leaky roof,
replace it. If you do not replace a leaky roof, you are
going to have to disclose it and the buyer will want a new
roof, anyway. Otherwise, wait and see what the home
inspector says. Why spend money unnecessarily?
The Back Yard
The back
yard should be tidy. If you have a pool or spa, keep it
freshly maintained and constantly cleaned. For those that
have dogs, be sure to constantly keep the area clear of
"debris." If you have swing sets or anything elaborate for
your kids, it probably makes more sense to remove them than
to leave them in place. They take up room, and you want your
back yard to appear as spacious as possible, especially in
newer homes where the yards are not as large.
The Front Door &
Entryway
The
front door should be especially sharp, since it is the
entryway into the house. Polish the door fixture so it
gleams. If the door needs refinishing or repainting, make
sure to get that done.
If you
have a cute little plaque or shingle with your family name
on it, remove it. Even if it is just on the mailbox. You can
always put it up again once you move. Get a new plush door
mat, too. This is something else you can take with you once
you move.
Make
sure the lock works easily and the key fits properly. When a
homebuyer comes to visit your home, the agent uses the key
from the lock box to unlock the door. If there is trouble
working the lock while everyone else stands around twiddling
their thumbs, this sends a negative first impression to
prospective homebuyers