I could not have said this better so this is a re blog
RE/MAX Housing Blog
A 5-Point Action Plan for Your New Place
Tue, December 2, 2014
After waiting weeks for the keys to your new home, you probably want to treat yourself to something nice.
Here are some quick home improvements you'll likely be happy with:
1. Practical problems first.
Prioritize easy repairs and upgrades that affect your day-to-day living, such as leaky faucets, dirty or worn fixtures, poor paint choices, holes that need patching or flooring that needs updating.
2. Head-to-toe detail.
Detailing isn't just for your vehicle. Your new home deserves deep cleaning, too. Take advantage of it being completely empty, and hire someone to clean every inch.
3. Consider the view.
The right window treatments improve a home’s ambiance, comfort and privacy. They can even save you money in the long run. Drapes, curtains, blinds and shutters block unwanted light, let in the right amount of sunshine and keep your home warm or cool when drawn or shut.
4. Bright ideas.
Proper lighting also affects your comfort. After you arrange furniture, pay close attention for a few weeks and note which areas are too dark and which get too much light. From there, you can decide whether new overhead lightning, lamps or bulbs will do the trick.
5. The right appliances.
Major appliances – refrigerators, dishwashers, washing machines, dryers and stoves – impact your daily life, your home's appearance and your utility bills. Purchasing the right appliances now can set you up for savings and efficiency for years to come.
If you’re getting ready to sell your home, you want to get the most money for your investment, right? One of the key factors that will sell your home is price, and having a sound pricing strategy is a must if you want to find the right buyer.
Here are six common pricing mistakes all sellers should avoid.
1. Overpricing from the start – You might think your home is the best on the block and should command a price relative to the value you see. Wrong. You have to appeal to the value homebuyers see. Overpricing your home at the onset could leave out strong potential buyers, especially if recent sales and other factors in your neighborhood don’t justify your listing price. You also run the risk of needing multiple price reductions, which keep your home on the market that much longer.
2. Leaving out potential buyers in online searches – Entering a price range is the first search parameter most homebuyers use to narrow down their options. If a buyer’s price range is, say, $250,000 to $300,000, they won’t see your home if it’s listed at $305,000. It might make sense to list it right at $300,000 so that you capture potential buyers in the ranges above and below. Ultimately, this is up to you and your agent, but the range your home's price falls into is certainly worth thinking about – especially if you're teetering between price ranges anyway.
3. Not considering recently sold properties – To arrive at a listing price that will generate buyer interest, you can’t base your price solely on the prices of other homes in your area that are listed for sale. You also need to consider recent sales in your neighborhood and the final sale prices. An experienced agent can provide you with information on recent sales to help you see the bigger picture.
4. Getting too creative with your asking price – Make it easy for buyers and pick round numbers. Listing a home for $512,477, for example, will give potential buyers pause about your intentions and divert attention from your property to you, as the seller. Maybe it's best to save the creative juices for the property description.
5. Not being open to negotiation – The quickest way to kill a sale is to dig in your heels on asking price before the for-sale sign even goes in the yard. Negotiation is a two-way street, and if you refuse to budge on pricing or other conditions, you might be in for very bumpy (and long) ride. Ask yourself: Is it more important to get full asking price, or can you make a few concessions to find common ground that will ensure a closed sale?
6. Ignoring your agent’s insights – The best route to the right price starts with picking a great agent and then listening to his or her advice. Your agent will look at your situation from all angles – your home's features, the local market, recent sales and more – to help you make an informed decision about pricing.
operpricing , sold , buyers , negotiation
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