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| North Shore Properties |
GINA LOLLO (631) 335-7078 |
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Whether you live in a condominium or a single-family house, landscaping can certainly make your home easier to sell. But will attractive landscaping add value? It depends.
Potted plants, freshly edged green lawn, and weed-free garden areas will make your home more attractive and appealing. The more appealing the home or condo, the more marketable it is and the faster it will sell.
Well-manicured landscaping helps frame other elements of curb appeal. It is considered a value-added feature because it helps create a positive first impression. Most buyers, however, will not pay extra for trees and lawn, flowers and shrubs.
But you can almost always get a return on your investment in decks and patios. As decks have become more desirable, their resale value has continued to increase.
In the yard and garden of your single-family home or in pots on your condo deck or patio, use plants, trees, and other landscaping elements freely to make your home more appealing and help you sell it more quickly when the time is right.
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Prepare for your OPEN HOUSE
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As you prepare your home for the market, one thing to keep in mind is that you have only one chance to make a first impression. It is absolutely vital that prospective buyers form a good impression of your home--beginning the moment they drive up.
You can help create that good first impression by presenting potential buyers with a well-cared-for yard including a mowed lawn. Your front door and porch should be clean and neat, preferably freshly painted.
These first important encounters create a positive impression that carries through to the rest of your home. An inviting atmosphere implies that your house has been well maintained and taken care of. Homes that convey pride of ownership frequently receive the best offers.
If your home appears disheveled or uncared for, prospective buyers may quickly conclude it's been neglected and is in need of repairs. Such a negative impression can result in a less-than-generous offer--or possibly no offer at all.
Try viewing your home through a potential buyer's eyes. Would YOU buy your home?
I'll offer additional suggestions and tips from time to time. Please contact me by email or phone if I can be of further assistance.
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SERVICE, SERVICE, SERVICE! Jolie Powell Realty provides service that is second to none. We pride ourselves on making each client's real estate experience so successful in every aspect of the transaction-from the first day, through the negotiations and representaion, to ending with the closing-that those clients become customers for life! This is no simple feat to accomplish. It truly requires a keen understanding of the one common need of all our clients, strong and loyal representation |
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Once you have decided to sell your home, you want to put it on the MARKET, get OFFERS, and SELL and you want it to accomplish this as quickly as possible.
The key is to "position" your property so that it is desirable; attractive to buyers in the market place, & competitive; so that it competes well when compared to other similar homes in the area.
OVER PRICED HOMES:
When a home is "Listed" above what the buyers are willing to pay and what banks are going to appraise it for, we are just wasting our time. We wind up with:
- A home that sits on the market, has minimal offers and ultimately never sells.
- Disappointed sellers: the inflated price set the stage with a false sense of hope that they may get “$$$” for their home.
The best way to avoid all the disappointment is to market the home competitively from the very beginning. Below are some pointers for you to consider.
- Have an agent do a comparative market analysis of your home (CMA) This will give you a demonstration of what other buyers paid for homes similar to yours. The agent will make adjusts up or down depending on the amenities of your specific home.
- Get a bank appraisal to find out exactly what the bank determines your property to be worth. (If your home does not appraise for what you are asking, or even what someone is willing to pay, it will be very difficult for the prospected buyer to obtain a mortgage on the property)
Having a bank appraisal is fairly inexpensive when considering how much time you can/will save. And everyone knows what they say; “timing is everything" & "time is money"
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According to recent research, the Internet is a popular tool for homebuyers. Nearly two-thirds of potential buyers use it to refine their search. Most broker Web sites let buyers browse by house size, style, area, and price.
Many buyers will look only at those homes within their price range and may not even consider those beyond what they are willing to pay, much less make an offer. As a result, it's essential to accurately price your home for the market. The greatest number of potential buyers is for homes that are priced consistently within the range for their particular market. The higher your home's price is above the market, the fewer the number of interested buyers.
Overpricing can also make a home take far longer to sell.
Even if an overpriced home does receive an offer, there is no guarantee it will appraise at that price. Because most buyers finance their purchase, overpricing might make it difficult, if not impossible, for buyers to obtain financing.
The best strategy is to price your home at market value right from the start. A fairly priced home will capitalize on the flurry of buyer interest a home enjoys during the first few weeks on the market.
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| Despite the downturn in the housing market, millions of homes will still be bought and sold. At a time when price negotiations have become more vigorous, many buyers and sellers neglect one important element that could cost them thousands of dollars: the home inspection.
Mike Kuhn, co-author of The Pocket Idiot’s Guide to Home Inspections has spent nearly two decades trying to change a mindset.
“Approximately one quarter of homebuyers do not get a professional home inspection for their prospective home,” says Kuhn. “An even smaller percentage of home sellers acquire a pre-listing inspection to help them better present their home in a competitive way.” Years of witnessing costly and avoidable errors prompted Kuhn to help develop a guide to home inspections. He believed that if people knew more about the home inspection process, they’d understand what it includes, why it is necessary, and how to make the most of it.
A professional home inspection can help buyers avoid buying someone else’s problems, and for sellers the home inspection can help them eliminate potential defects that could turn off a prospective buyer.
A professional home inspector will review the major, visible and accessible components of the home and provide a detailed written report rating each element. The report should objectively include information in a detailed manner that allows the client to make informed decisions.
A professional home inspector also educates and provides tips on proper home maintenance. Buyers or sellers are encouraged to attend the inspection. Kuhn adds, “HouseMaster inspectors are specifically trained to communicate throughout the inspection, demonstrating how to operate many of the home’s systems and discussing maintenance needs.”
More than ever, buyers need to know what they are buying to reduce the possibility of making a very costly mistake. Sellers need to do what they can to make their home standout from the others on the market. The average home inspection costs between $350-$550, but in almost any kind of real estate market, a home inspection is a wise investment. For more information about The Pocket Idiot’s Guide to Home Inspections and other home inspection resources, visit housemaster.com. |
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Selling Your Home
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Selling your home is an involved process that affects your family and your future. Before you begin this process, you'll want to ensure that you have the most up-to-date information. When should you sell? How do you get the best price? What kinds of renovations should be made prior to the sale?
These home selling reports will assist you in answering the many questions that arise during the home selling process. When you're armed with the right information, and an experienced real estate professional, you'll be closer to reaching your goal - selling your home fast, and for the best price. |
Please contact me if you have any questions about selling your home.
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