Wednesday, September 4, 2013

How to get top dollar in any market: Factor 4

Another key factor to getting the best financial return on your sale is taking a close look at your paint and carpet.


Factor 4: PAINT AND CARPET


Paint is your best improvement investment for getting a greater return on your money. Paint makes the whole house smell clean and neat. If your house has chipped paint, exposed wood, or the paint looks faded, it is time to paint.


If your carpet is worn, dirty, outdated, or an unusual color, you may need to seriously consider replacing it. Many houses do not sell because of this problem. Don’t think that buyers have more money than you do to replace carpet. They don’t. They simply buy elsewhere.


So, are you ready to get top dollar?! Soon I will send you the last factor in achieving your goal.






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How to get top dollar in any market: Factor 3

Factor 3: ACCESS


Top selling agents will not show your home if both the key and access are not readily available. They do not have time to run around town picking up and dropping off keys. They want to sell homes! The greatest way to show a house is to have a key!


When your home is being shown, be sure to do the following:


Keep all lights on, including exterior “coach” lights by your front door

Keep all drapes and shutters open

Keep all doors unlocked

Leave soft music playing

Take a short walk with your children and pets

Let the buyer be at ease and let the agents do their job






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How to get top dollar in any market: Factor 2

Factor 2: CLEANING


Most people are turned off by even the smallest amount of uncleanliness or odor when buying a home. Sellers lose thousands of dollars because they do not adequately clean. If your house is squeaky clean, you will be able to sell your home faster and net hundreds, if not thousands, of dollars more.


If you are planning on moving, why not get rid of that old junk now so that your house will appear larger? Make more space!


Odors must be eliminated, especially if you have dogs, cats, or young children in diapers, or if you are a smoker. You may not notice the smell, but the buyers do! Most agents have a difficult time communicating to their sellers about odor. If you employ an agent to get the most amount of money for you, please don’t take offense if he/she must confront you about odor problems.






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How to get top dollar in any market: Factor 1

Did you know? The best chance for selling your property is within the first seven weeks! Studies show that the longer a property stays on the market, the less financial return the seller will net.


There are 5 main factors to achieving your goal of getting top dollar for your property.


Factor 1: PRICING


It is very important to price your property at a competitive market value right when you list it. The market is so competitive that even over-pricing by a few thousand dollars could mean that your house will not sell. I have found your first offer is usually your best offer.


An overpriced home:


Minimizes offers

Lowers showings

Lowers agent response

Limits financing

Limits qualified buyers

When you think about it, 80% of the marketing is done when we decide on what price to list your home.


For people unwilling to list a property at current market value, I usually recommend holding off on putting the property on the market for awhile.


Pricing is just the first of five factors in getting top dollar.






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