When you’re about to sell your home, it may be disheartening to see so many other properties for sale in your neighbourhood. You may be thinking, “That’s a lot of competition! Will our property get noticed?”
Fortunately, there are many proven strategies for standing out in a sea of For Sale signs.
First of all, keep in mind that many home purchasers come from the REALTOR’S personal network of buyers who want to move into your area. So, choosing the right REALTOR® is crucial.
Second, remember that when there are other properties for sale on your street, curb appeal becomes even more important. There are many simple things you can do to make your property look great to those driving around looking at homes. Make sure your property looks as picture perfect as possible.
In a competitive market, it’s also more important than ever to highlight features of your home that are unique and enticing. If, for example, you have a large backyard deck and brand new hardwood flooring, make sure these are mentioned prominently on the feature sheet.
Finally, be as flexible as you can be when scheduling viewings and open houses. Don’t forget that other listed properties in your neighbourhood draw in buyers, who may notice your home. It’s not uncommon for a buyer to view a property and then scout the neighbourhood. So, you want buyers to be able to see your home on short notice and at a convenient time for them. If there are several other nearby properties for sale, it means things are hot from a real estate point of view. You want to roll out the red carpet to buyers.
Looking for help selling your home quickly and for the best price? Call Marina 416-843-1515 today!
There’s a long list of ingredients needed to sell your home quickly. Obviously, you want to make your home as clean and uncluttered as possible. You should also make sure any outstanding repairs are done. And, of course, all the little things you can do to make your home “show” well are important, too.
But the number one ingredient needed to sell your home quickly is the right price tag. If you set the price of your home just right, buyers will come to see it, and there’s a good chance you’ll get some good offers. If you price your home too high, however, few buyers will take an interest in your property and it might languish on the market for months. Worse, it might not sell at all.
So how do you determine the right price at which to list your home?
One of the best ways is to do an analysis of what similar properties in your area have sold for recently. What people are actually paying for homes like yours — in communities like yours — is the best indicator of the true market value of your home.
We are all staring at our smart phones days and nights. From the age of 1 to the age of 99. The phones are ringing, beeping, and making all sorts of sounds to be noticed. So, why on earth don't we respond?
Why on the phone, via text or e-mail cant we be polite just like we are in a face-to-face communication?
You received documents, or information, or e-card - just say "thank you"!
Someone asked you a question - just respond something, acknowledge, tell them you are working on getting the answer and will get back to them later.
Your phone rings and you cant answer? - text message takes 30 seconds and half a finger move to send - just let them know you are still alive
You don't know who you are ignoring so don't ignore. In any case those are people and people don't deserve to be ignored.
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If you're considering selling your house, you might be tempted to sink some money into home improvements. After all, gleaming new hardwood floors or a stunning wrap-around deck will make your property sell a lot faster, and for more money. And you'll more than recover your investment with the higher selling price. Right?
Maybe not. While those types of upgrades will certainly make your house more attractive to potential buyers - and may nudge the selling price up a little – you may not recoup all of your costs.
That's why major home improvements should be done for your own personal enjoyment, not as a tactic for preparing your property for sale.
So what types of upgrades do make sense? The good news is that the home improvement projects that are most likely to help sell your house are also the cheapest to implement. If you're planning on selling your house, consider doing the following:
- Make repairs
- Remove stains
- Trim hedges
- Plant flowers
- Improve lighting
Looking for good REALTOR in Toronto, Mississauga or Oakville?
Your home probably has dozens of great features that are going to help it stand out and sell faster. Perhaps it has a cozy sunken living room? Or an equipped and smartly decorated kitchen that Rachel Ray would envy? Or a location in a desirable neighbourhood?
All these things will help.
But there’s another selling feature you should consider adding: a pre-sale inspection.
A professional home inspection is usually done on behalf of the buyer before the deal to purchase a property is finalized. In fact, you can expect any offers to purchase your home to be “conditional upon satisfactory home inspection.” However, there are two good reasons why you, as the seller, should get the home inspection done:
A professional inspection can identify problems that might otherwise thwart the sale.
Say, for example, you get a great offer but the buyer’s home inspector discovers a minor leak in the foundation. That might be enough to jeopardize the deal. However, if you had a professional inspection done, you would have had the opportunity to get that problem fixed in advance of the offer.
Informing potential buyers that a professional inspection has been done is a great selling feature. It demonstrates to buyers that there are no hidden problems with the property, which gives them more confidence to make an offer.
A certificate of home inspection can be as enticing a feature to home buyers as a wrap-around deck!
Need more ideas for selling your home faster and for a better price?
You might have heard about home staging and wondered what it’s all about. There are even a few television reality shows that feature staging experts doing their magic on a particular house or condo.
So what exactly is it?
Home staging is simply setting up your home to maximize its appeal to potential buyers. It involves everything from cleaning and removing the clutter, to arranging the furniture and decorating. The concept was developed by Barb Schwarz, who has become a legend in the staging industry.
Think about some of the most attractive furniture showrooms you’ve visited. Remember that beautifully set table with the bottle of wine set perfectly in the centre? Did you notice the two wine glasses and place settings that made it look as if a couple were about to sit down for an enjoyable meal? That’s an example of staging.
Does staging work?
According to studies, it does. In fact, staging has been shown to help sell a home faster and for a good price. In some cases, effective staging has even increased the selling price.
Should you stage your home?
It’s definitely going to help make your property more appealing to buyers. When it comes to staging, you have a couple of choices: you can hire a professional stager, or you can stage your home on your own. A good REALTOR® can help by either recommending a stager or providing you with staging tips.
You can definitely do some or even all of the staging on your own. In fact, some of the simplest staging techniques are easy to implement. Putting fresh flowers in the kitchen is an example of staging. So is arranging furniture in a room so that it looks as bright and spacious as possible. But if you have a difficult space or you need to bring in or reorganize furniture, you may want to consider a professional.
Want more tips on staging? Call Marina 416-843-1515 today.
You’ve heard the story. Someone finds a home on the market that seems underpriced, grabs it, and subsequently discovers it’s worth tens of thousands of dollars more than the selling price.
What a bargain!
The truth is, bargains like that rarely happen.
Most properties sell for somewhere close to their market value. That’s why you need to find the perfect home for you, in the right neighbourhood, with a list price that is within your affordability range, and then buy that property for the lowest price your REALTOR® can negotiate.
When you shop for the right property at the right price, you have a good chance of finding and buying your dream home.
But if you go into the market with a plan to find a bargain, you risk overlooking those homes that might otherwise be great opportunities for you. Why? Because your price expectations will probably be a lot lower than the actual market prices.
The good news is that an experienced REALTOR® can help you find a home that’s perfect for you in every way: type, features, neighbourhood — and price.
What do you want from an open house? Obviously, you want to attract a lot of potential buyers — and have at least a few of them become seriously interested in your property.
So how do you make your open house as successful as possible?
You probably already know the basics: make sure your house is clean, bright and uncluttered.
However, there are some other open house success tips you may not know…
Get minor repairs done. A dripping faucet, a squeaky fence door, or a scuff on the wall may seem minor to you, but these problems can stand out like a sore thumb to a potential buyer.
Brighten things up. Make sure all areas of your home are well lit. Natural light has the most appealing effect. Open all the curtains.
Put away personal items. Trophies, pictures, mementos — all remind potential home buyers that they’re strangers in someone else’s home. Make each room look as impersonal yet inviting as possible. Stage your rooms as though they were in an attractive furniture store display.
Sniff around. There are probably smells around your home that you’ve become used to, or even like, such as lingering perfume scents in the bathroom or remnant odours from cooking an exotic meal. Try to make your home as scent-free as possible.
Take your pet for a long walk. Don’t leave them in the house during the event, no matter how friendly and well-behaved they may be. Some people just don’t like pets. Others may be allergic to them.
Make sure everything works. Check for burnt out light bulbs, run-on toilets, and derailed closet doors.
A final tip: Unless it’s absolutely necessary, don’t be at the open house yourself. Your presence can be intimidating to potential home buyers, no matter how cordial and helpful you try to be.
Need more tips on selling your home quickly and for the best price?
There are two main reasons why homeowners invest in a home renovation or major redecorating project: They want to enjoy the results of the new kitchen, bathroom, flooring or other improvement they’ve made; and/or, they hope that the money they spend will come back to them – at least in part – when they sell their home.
So which projects are most likely to increase the resale value of a home? A story by Joanne Cleaver, featured on MoneyWatch.com last year, identified five renovation projects that give you the most bang for your renovation buck.
Floors. Old, scuffed or dated flooring tends to get noticed by home buyers, regardless of how well the rest of the room is decorated. New flooring — especially stone, ceramic tile and hardwood – can make any room look larger and more inviting.
Kitchen. When it comes to selling your home, the kitchen is one of the most important rooms. The more modern, new and spacious it looks, the faster your home will tend to sell. That’s why you can expect a pay back of up to 80% of the cost of a kitchen renovation.
Bathrooms. Who isn’t impressed by a new and gleaming bathroom with a big shower, modern faucets and other attractive décor? That’s why hotels spend so much time and money making their bathrooms look great. According to the Cleaver article, homeowners tend to get a pay back of up to 75% of the cost of a bathroom upgrade.
Closets. Any improvement that makes a closet look roomy and organized tends to result in a pay back of most of its cost. Even something as simple as installing a good closet organizer can have a dramatic effect.
Energy-saving upgrades. In this age of increasing energy costs and environmental concerns, home buyers are drawn to such features as energy-saving windows, lighting, thermostats and more.
Keep in mind that home improvements don’t just have an impact on the selling price of your home, they also help to sell your home faster.
For more information, call 416-843-1515 Marina today.