Thursday, January 24, 2013

5 BIGGEST TURNOFFS WHEN TOURING A HOME


courtesy of Zillow:
Here are five huge turnoffs agents and their buyer clients see when touring homes and how to avoid them:

Pets and their stuff

Pets bring so many great things to a family and home. But no potential buyer wants to see a dirty cat litter box next to the breakfast table or Fido’s bitten, saliva-filled bone on the sofa in living room.
When your home is for sale, nobody needs to know that a pet lives there. Potential buyers who are allergic to dogs or cats will be turned off immediately, and the mere presence of a pet will send some buyers right out the front door. Have a plan in place to keep the pet remnants at bay, the home tidy and your pet’s stuff out of sight. It may seem like a burden, but if you are serious about selling, this is of utmost importance.

Toys and baby supplies

Selling your home when you have children — especially a newborn — can be trying and stressful. For the most part, buyers can appreciate that keeping the home tidy under such circumstances is a challenge, and they are forgiving. But it is important to make an effort before showing the home.
If possible, have a toy chest or large closet dedicated to storing your kids’ stuff. Also keep in mind that buyers have a hard time with the more sanitary or personal items associated with infants. Leaving breast milk, a breast pump or dirty baby bottles on the kitchen counter could make a buyer feel that the home isn’t clean or sanitary. If you have a newborn, put a plan in place and allow 20 minutes to store baby items before a showing.

Cluttered counters and dirty dishes

Kitchens and bathrooms help sell a home. Most people spend the majority of their time in the kitchen, and buyers will want to spend some time in yours.
If the counters are crowded with the blender, coffee maker, toaster oven and other items, it will appear that there is little counter space, or worse, that your kitchen lacks cabinet space. And last night’s meatloaf caked onto plates sitting in the sink is sure to turn buyers off. Clear the countertops and put away the dishes before leaving home for a showing.

Personal items and toiletries

Don’t stop with the kitchen; the same holds true for bathroom countertops as well.
Clean the toothpaste off the sink and put away your prescriptions, open body lotion containers, toothbrushes and dirty towels. Buyers want to feel clean in the bathroom, and although it’s clear that they won’t be the first to use this bathroom, they don’t need to be reminded that they will be taking over a “used” bathroom.

Toilet and toilet seat

Imagine a serious buyer touring your home. They’ve fallen in love with the chef’s kitchen and are already planning where they would put the television and how their sectional couch would fit in the living room. Then, they stumble upon your bathroom to find the toilet seat up and not clean.
The last thing anyone wants to see is a dirty toilet, so make sure the toilet seat is down at all times. Will buyers be scared off otherwise and not move ahead with an offer? Probably not. But you want them to fall in love with your home, not be turned off.
Most home sellers won’t make these mistakes, but for the 20 percent who do, these five turnoffs could mean the difference between a full-price or lowball offer — or worse — an offer on a competing property.

3 TIPS FOR SELLING YOUR HOME IN 2013


courtesy of Zillow

1. Know the comps

One of the first people you’ll want to reconnect with is your real estate agent. They are your “feet on the street” and have their finger on the market’s pulse. Real estate agents generally pick up on trends or shifts in your particular neighborhood or market before the press or the bloggers.
So get on your agent’s radar as soon as possible. Start going to open houses to see what’s selling and to get a feel for values and how homes are being presented. Likely a home you see at an open house in February could sell by the time you list in May or June. Future buyers will probably use this home as a “comparable” sale. Having seen the “comps” yourself puts you in the buyers’ mindset. It enables you to get ahead of the curve or learn from the mistakes of other sellers.

2. Have your property inspected

The buyer, after they have a signed contract on a home, is supposed to pay for an inspection, right? While that’s true, you can beat them to the punch and know what needs to be repaired before you go on the market.
Imagine if you list your home and have a great offer from a solid buyer. But the buyer finds out through the inspection that the roof needs replacement and the deck has dry rot. That excellent offer may not seem so great if you have to negotiate thousands of dollars in credits with the buyer.
Having your property inspected months in advance will allow you time to make a plan to get the big (and small) things repaired. If you can identify the problems upfront, you can fix them for a lot less money than those repairs would get negotiated for down the road. Or, you can price your home factoring in the needed repairs. Plus, a home with a clean bill of health can be advertised as such. Many buyers are looking for a home in “move-in” condition, free of any needed repairs or fixes.

3. Hire a designer or stager

Your real estate agent should have a good designer or stager they like to work with — someone who can help you start to view your home as a product to be marketed. This should be someone you reach out to once you have the place inspected and know the property’s condition.
Many people think a designer means big money or a wasted expense, but this isn’t always the case. Many designers charge by the hour. It could be as easy as hiring a designer for two hours to help you decide on colors to paint a room or two; a stager to help you declutter or decide which furniture to move out to make some rooms show better.
Based on your real estate agent’s feedback, you may decide to engage the designer on a minor kitchen or bathroom remodel. An old kitchen with linoleum countertops, knotty redwood cabinets and avocado-colored appliances can easily be updated with an inexpensive cabinet makeover and new stainless steel appliances.

You’ll save money in the long run

Like any major decision, selling a home takes a lot of planning, timing and consultation. Consulting with professionals and getting the facts in advance will help the process go a lot smoother, will help you make an informed decision and will most likely save you a lot of money when you sell.
If you’re a homeowner, transitioning to a seller mindset isn’t necessarily easy. The sooner you start that transition, however, the easier the process will be. But be aware there can be an unexpected, if ironic, outcome: Some would-be sellers do the fix-it work to their homes, clean up some rooms, or paint and update the entire place — only to fall in love with their home all over again and decide to stay.