Welcome to the UtahHomeSellingTeam.com Blog

2018-03-16 07:45:22
Reality Check on Your Home Before You Sell?

Here You Go, We get it—you spent years turning your house into a cozy home. And everything from that perfect shade of gingham blue you painted the cabinets to the quirky old chair rail you preserved makes your home priceless, at least to you.

Still, when it comes time to sell your house, you need to take off those rose-tinted glasses and regard your house as a buyer would. Without this shift of perspective, you run the risk of overpricing your home, or failing to make necessary renovations or repairs—all of which means your place could end up sitting on the market. For a long time.

Interview real estate agents

Sit down with a few real estate agents as you get ready to list your home. Not only will you get a sense for whom you want to work with, but you can also ask them for suggestions on how you should prep your home for sale. Should you repaint that purple office? Clear out the clutter in those hall closets? Remember, no one has better insight into what homes sell for and why than a real estate agent.

Hire a home inspector

It also helps to hire a home inspector for a pre-inspection, Besides dispensing a metaphoric wake-up call, an inspector will usually find problems with your home that you didn't even know existed.

Plus, you'll have to go through the inspection process at some point of a sale, and being proactive could save you some dough.

'When home buyers discover through an inspector that a home needs a $5,000 repair, they will ask for $7,000 off the purchase price,' But if you got that issue repaired ahead of time—and without it being a rush—it'd cost more like $4,000, meaning your net will be higher at closing.'

Consult with a home stager

To get a fresh perspective, hire a home stager to provide professional feedback on how your home currently presents itself and what suggestions would make it more marketable.

Visit open houses in your area

'Sellers don't learn,' says Ian Slater, a licensed real estate salesperson with Compass, in New York City. 'They sit inside their homes with an idea of its value and don't understand what the buyer pool is actually seeing.'

Do a walk-through with someone in your target market

So instead of inviting your mom or your friends to do a walk-through, ask your friend's niece who just graduated from business school or the young family at your church if they'd be willing to give you an honest assessment.

'Besides, it's easier to absorb critical feedback from people you don't know as well, and you won't hold a grudge against your mother-in-law,' 

Take pictures and post them to social media

A seller needs to realize that only 10% of buyers can see beyond what is presented, And what's presented to buyers on a listing site such as realtor.com® is all about the visuals. So to see just how your home comes off, snap pictures of your various rooms. View your photos and honestly ask yourself if a buyer would find the rooms bright, attractive, and updated.

Then post those pictures on Facebook and Instagram to get multiple opinions from a large pool of friends. Your home's appeal may become evident in the amount of likes—or lack thereof—you get.

Are you ready to Sell? Precision Realty LLC will research sale prices on other Comparable Homes in your neighborhood to help you set your sale price.  It’s important to get the price right the first time.

 
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