Representing Exceptional People
Selling Real Estate Throughout Northern Los Angeles
Pricing Your Home to Sell
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 the seller will net upon the sale. It is very important to price your property at a competitive market value at the signing of your listing contract. It is currently a seller’s market, but a lot of sellers approach the market assuming their house must be worth more than the last. This is often not true.
An Overpriced Home:
Minimizes the number of simultaneous offers
Dis-incentivizes agents to show your home
Limits the number of qualified buyers
Limits financing options
Nets less for the seller when there aren’t more than one offer at the same time
When you are ready, contact me today for a personal market value analysis of your home. No hassles or obligation – just honest advice on how to get top dollar for your home!
Staging Your Home For Sale
- Grimy bathroom walls are a major red flag to buyers.
- Don’t replace a yucky shower door, but scour it.
- Pedestal sinks are a big hit with buyers. They show off square footage in small bathrooms beautifully.
- A master bedroom should appeal to both sexes.et rid of features that seem too gender-specific. Paint the walls a neutral color, and choose bedding that matches.
- Updating an old fireplace screen is a cheap (and quick) fix. After removing the screen and wiping it down to get rid of the dust, mask off the windows so you won’t get paint on them. Then, using a can of heat-resistant spray paint, give the screen a facelift.
- Stain dated kitchen cabinets instead of replacing them. Dated kitchen cabinets can be a big turnoff to potential buyers. Instead of paying big bucks to replace them, just stain them.
- Stainless-steel appliances are definitely in with buyers.
- Save money on granite countertops. Granite countertops are a huge selling feature, but they can be expensive. Here are a few ways to save on this investment:
- First, do the demo yourself.
- Shop for remnants from previous projects.
- New kitchen appliances bring high returns from sellers. Studies show that new kitchen appliances bring high returns from sellers, so get rid of old appliances that make the rest of the kitchen look dated.
- Buyers love built-in bookshelves. There’s a fine line between filling them with clutter and staging them to sell. The trick is to arrange neutral items in clusters. Make sure that no single accessory stands out too much. That way, you’ll show off your attractive built-ins, and not your personal belongings.
- Curb appeal is vital to attracting buyers. Plant flowers in bloom, and you’ll have buyers swarming like bees to your front door.
- A nice outdoor deck can be a big selling feature, but an old one is a major liability.
- Staging rooms to show off their true potential is essential when selling your home. Clear out clutter or other personal items that will distract buyers. Paint the walls a neutral tone, and furnish the space to show off how functional it is.
- Use tape outlines on the floor instead of actually moving furniture around. Rearranging a room to stage it for your open house? Here is a tip to save time and effort: Instead of lugging the heavy furniture around the room to see what feels best, put outlines on the floor with painter’s tape. Arrange the room according to your outlines, and save your energy for counting offers.
- Vinyl tile is an inexpensive way to update your home. Laying vinyl tile is an inexpensive way to update your home, but there’s a right way and a wrong way to do it. You need to avoid laying patterns that look too perfect. Instead, make sure to switch up the direction and placement of the tiles to mix the tones. That way, you end up with a floor that has a natural feel.
- Let the sun shine in. Buyers love light and airy living rooms, but dark and dingy isn’t on their list. Open up your window shades to let some light in. You can never have too many lamps. Last, arrange the space with lightly colored furniture, and you’ll have a living room that brightens your chances of a sale.
- Stage rooms with one purpose so buyers will know what it is. Potential buyers are confused by extra rooms that have a mishmash of uses. To avoid this problem, first clear away clutter and excess furniture. Paint the walls a neutral tone and then furnish the room with a desk to stage it as a home office in which buyers will want to get down to business.
- Unpleasant pet odors won’t win over buyers. Be sure to get rid of old carpet that can trap offensive smells. Replace it with fresh new carpet in a neutral color. Plus, if you paint the walls to match, your living room will look bigger. It’ll go from designed to smell to designed to sell.
- Pack up unnecessary items and furniture before you show the house. Pack up unnecessary items and furniture, and move items to your garage or a nearby storage facility.
- Storage space sells! Potential buyers love homes that have lots of storage space. Since they will open your closets, it’s a good idea to clear out unnecessary clutter, and organize your shelves to show off how much storage you really have.
- Create a nice flow in your rooms. Buyers are attracted to homes that have a good flow. You can create circulation by replacing square or rectangular dining tables with round ones. Cutting the corners adds room to this maneuver and creates a spinoff effect that adds flow to your home — cash flow, that is.
– Some of these tips were originally seen on HGTV, Designed to Sell designer Lisa LaPorta