getting a house ready to sell
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shaleywhale
LIF Adolescent
Member since 12/09 537 total posts
Name:
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getting a house ready to sell
Thinking of selling our house in the (relatively) near future to move OOS. The house needs some updating - pretty much all cosmetic. We plan to do *some* things to make the house more sellable (is that even a word? lol); but we don't live in one of those highly desirable areas that seem to sell in less than a week for way higher than the asking price. boo. Basically, we don't want to waste our money, but we want the house to be at least somewhat marketable. What is the best way to find out what would be good to do and what probably isn't worth doing? Would contacting a real estate agent in the area be helpful? Even if we don't plan to sell for another 6 months to a year?
Jeez. Haven't even committed to putting the house on the market and already I'm stressed!
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Posted 6/3/16 2:38 PM |
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Prudential Douglas Elliman Real Estate
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JDubs
different, not less
Member since 7/09 13160 total posts
Name:
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Re: getting a house ready to sell
I would contact a REA in the area to get a sense of houses that have sold in the area recently and their selling price. I would not want to put money in a house if I wasn't going to get anything back in return.
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Posted 6/3/16 3:54 PM |
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MrsB12614
LIF Adult
Member since 4/14 1986 total posts
Name: Mrs
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getting a house ready to sell
I agree with the above poster. Get a REA- have them give you comps, things that can make your house sell for more etc. just so you know what to expect going in. I will say this- my house when I bought wasn't fully updated- my stove is legit from the 60s. The sellers NEVER updated the kitchen from 1968 when they bought the house, but when we bought another offer came in the day after ours, so you never know. If some cosmetic updates wasn't increasing the value where you would make your money back plus some, I would say just keep your house clean, free of clutter etc. I'm sure a REA can give you a ton of pointers!
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Posted 6/3/16 4:11 PM |
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LSP2005
Bunny kisses are so cute!
Member since 5/05 19458 total posts
Name: L
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Re: getting a house ready to sell
I would absolutely get a review from a couple of realtors. Then I would scope out your local competition to see what people do in your area.
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Posted 6/3/16 5:17 PM |
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queensgal
Smile
Member since 4/09 3287 total posts
Name:
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Re: getting a house ready to sell
Yes, I would ask an agent. They can pull comps and show you what similar homes sold for and how long the market moves.
Staging is important and pricing it right. You won't get the same price for a 1980 kitchen vs granite. But a clean, well maintained home will do much better than one that appears run down, cluttered, etc. few people are able to afford perfect dream homes so most of us buy knowing we have some work to do eventually.
I would look at any repairs, possible repainting, declutter and try to focus on homes positives.
You can do a lot with paint, simple light fixtures, replace a vanity vs whole bathroom, etc.
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Posted 6/3/16 6:44 PM |
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loveus
LIF Adolescent
Member since 9/13 684 total posts
Name:
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getting a house ready to sell
I would declutter and have a clean feel. I wasn't impressed while house hunting if someone had a new counter top but an old kitchen. It was a bandaid imo and something that I would replace so it added no extra value to me. My husband didn't like if someone tried diy and they did a bad job, once again it was still a fix and added no value to us.
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Posted 6/3/16 6:54 PM |
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PhyllisNJoe
My Box Is Broken
Member since 6/11 9145 total posts
Name: Phyllis
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Re: getting a house ready to sell
Definitely contact a REA for comps and pricing
Things to do to help freshen up the house without costing too much:
Decluttering Repair any holes/peeling wallpaper/scuffed walls Repaint in neutral colors in rooms that are dark/warn out If you have carpet, rent a cleaner - stains that won't come out? Try to cover with furniture or area rugs Clean. Clean, clean, clean, and clean some more. Scrub Grout, organize closets, dust ceiling fans, etc.
When we were house hunting, I had a lot of trouble looking past other people's dirt. Some houses - well... I wouldn't touch anything. Others were surface clean but you can tell they weren't clean (dirty fingerprints around doorknobs, food splatters by the garbage, etc)
You would think that shouldn't matter, but it does. For a lot of people, if they can't see themselves living there, it won't work.
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Posted 6/3/16 10:33 PM |
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Re: getting a house ready to sell
You definitely need to consult with an agent to get a sense of the current home value, and a good agent can also advise on what you can do to prepare your home for going on the market.
It rarely makes sense to do any kind of updating (kitchens, bathrooms, etc.) to sell a home. It's very hard to get back the dollars you put in to renovations, and as others have said, you never know what your potential buyer will want. Clean white subway tile in a bathroom is perfect for some, but boring to others. Some people love dark wood kitchen cabinets, others want white. If you can do a little inexpensive stuff that takes more elbow grease than $$ (such as painting the walls with fresh paint, repainting trim, power washing the exterior and deck, spackling over holes in the wall, cleaning the carpets), that is often worth it.
The main things to do are cleaning, de-personalizing (you don't have to remove all personal effects, but try to put away taste specific collections and limit the number of personal photos on display), de-cluttering (thin out closets, clear off surfaces, start packing things away in boxes if you can... just neatly stack them in a basement or garage or even a spare room if you have nowhere else to put them), and repair anything that needs it (even minor things, like tightening loose handrails). It's important to give the impression that the house is well-maintained, even if dated.
Another thing that can help is some small-scale staging. I offer a complimentary staging session with an interior designer. This is not a major staging, with new furniture, all new accessories. It's a way to utilize what a seller already has, and rearrange things to maximize the space and showcase the rooms (especially if you have smaller rooms or awkward spaces).
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Posted 6/8/16 12:52 PM |
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LuckyStar
LIF Adult
Member since 7/14 7274 total posts
Name:
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getting a house ready to sell
I think just keeping it clean and decluttered is sufficient. And make it smell nice. I saw some stinky houses. In terms of painting, our house was freshly painted when we bought it. It was bubblegum pink. I have no idea what possessed them to do this but we repainted immediately so they wasted their money. Most people will likely want to choose their own paint colors. If you do NEED to paint, please close a neutral color.
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Posted 6/8/16 2:40 PM |
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Re: getting a house ready to sell
Posted by LuckyStar
I think just keeping it clean and decluttered is sufficient. And make it smell nice. I saw some stinky houses. In terms of painting, our house was freshly painted when we bought it. It was bubblegum pink. I have no idea what possessed them to do this but we repainted immediately so they wasted their money. Most people will likely want to choose their own paint colors. If you do NEED to paint, please close a neutral color.
Yes, I would not paint as a "par for the course" renovation. In most cases, selling "as is" is fine (especially when the seller is willing to price the home accordingly).
But there are some houses where the walls are very beat up or the paint is super dingy looking, even in the main living spaces. Or I've seen teenager's bedrooms in flourescent green or dark red with tons of holes in the walls... so in those cases, spackling the walls and putting on fresh, lighter paint can help. A fresh coat of paint in a neutral color can do wonders to improve how well the home shows. But it's not always necessary - only if the walls/condition of the paint is a true detractor from the sale. And in any case, painting doesn't really add value, but it can help get more interest/help it sell more quickly. It's like the old analogy that if you have a choice between taking a crumpled dirty dollar bill and a clean crisp one, everyone will grab the clean, crisp one first. But, at the end of the day, the value of both is still $1.
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Posted 6/9/16 9:12 AM |
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shaleywhale
LIF Adolescent
Member since 12/09 537 total posts
Name:
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Re: getting a house ready to sell
Posted by Century 21 Dallow - Christine Braun
You definitely need to consult with an agent to get a sense of the current home value, and a good agent can also advise on what you can do to prepare your home for going on the market.
It rarely makes sense to do any kind of updating (kitchens, bathrooms, etc.) to sell a home. It's very hard to get back the dollars you put in to renovations, and as others have said, you never know what your potential buyer will want. Clean white subway tile in a bathroom is perfect for some, but boring to others. Some people love dark wood kitchen cabinets, others want white. If you can do a little inexpensive stuff that takes more elbow grease than $$ (such as painting the walls with fresh paint, repainting trim, power washing the exterior and deck, spackling over holes in the wall, cleaning the carpets), that is often worth it.
The main things to do are cleaning, de-personalizing (you don't have to remove all personal effects, but try to put away taste specific collections and limit the number of personal photos on display), de-cluttering (thin out closets, clear off surfaces, start packing things away in boxes if you can... just neatly stack them in a basement or garage or even a spare room if you have nowhere else to put them), and repair anything that needs it (even minor things, like tightening loose handrails). It's important to give the impression that the house is well-maintained, even if dated.
Another thing that can help is some small-scale staging. I offer a complimentary staging session with an interior designer. This is not a major staging, with new furniture, all new accessories. It's a way to utilize what a seller already has, and rearrange things to maximize the space and showcase the rooms (especially if you have smaller rooms or awkward spaces).
Thank you, everyone. The responses were super helpful. It is really hard to not look at my home and think of all the things that "need" to be done and not do them. lol. We definitely need to paint, that is a given. But the things I was confused on were things like a new driveway, for example. Ours could stand to be replaced, but the blacktop is still functional at this point. Stuff like that I wasn't sure about... I bought my house years ago as a foreclosure that needed a TON of work, both structural and aesthetic... so I obviously wasn't picky We've done all the structural repairs and upgrades... now the house really just needs aesthetic updates. I just wasn't sure what would constitute a dealbreaker for the majority of people.
I can't believe how stressful it is to just THINK about doing this! lol!
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Posted 6/9/16 12:41 PM |
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shaleywhale
LIF Adolescent
Member since 12/09 537 total posts
Name:
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Re: getting a house ready to sell
Posted by LuckyStar
I think just keeping it clean and decluttered is sufficient. And make it smell nice. I saw some stinky houses. In terms of painting, our house was freshly painted when we bought it. It was bubblegum pink. I have no idea what possessed them to do this but we repainted immediately so they wasted their money. Most people will likely want to choose their own paint colors. If you do NEED to paint, please close a neutral color.
OMG! Bubblegum pink... really??? That's pretty hilarious. Seriously, at what point does that seem like a great idea?
We do NEED to paint (I mean, I still have to live in the house until we decide to sell it!) but when we do... it will definitely be all neutral colors. Even though I kind of had my heart set on bubblegum pink throughout.
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Posted 6/9/16 12:45 PM |
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Re: getting a house ready to sell
Posted by shaleywhale
Posted by Century 21 Dallow - Christine Braun
You definitely need to consult with an agent to get a sense of the current home value, and a good agent can also advise on what you can do to prepare your home for going on the market.
It rarely makes sense to do any kind of updating (kitchens, bathrooms, etc.) to sell a home. It's very hard to get back the dollars you put in to renovations, and as others have said, you never know what your potential buyer will want. Clean white subway tile in a bathroom is perfect for some, but boring to others. Some people love dark wood kitchen cabinets, others want white. If you can do a little inexpensive stuff that takes more elbow grease than $$ (such as painting the walls with fresh paint, repainting trim, power washing the exterior and deck, spackling over holes in the wall, cleaning the carpets), that is often worth it.
The main things to do are cleaning, de-personalizing (you don't have to remove all personal effects, but try to put away taste specific collections and limit the number of personal photos on display), de-cluttering (thin out closets, clear off surfaces, start packing things away in boxes if you can... just neatly stack them in a basement or garage or even a spare room if you have nowhere else to put them), and repair anything that needs it (even minor things, like tightening loose handrails). It's important to give the impression that the house is well-maintained, even if dated.
Another thing that can help is some small-scale staging. I offer a complimentary staging session with an interior designer. This is not a major staging, with new furniture, all new accessories. It's a way to utilize what a seller already has, and rearrange things to maximize the space and showcase the rooms (especially if you have smaller rooms or awkward spaces).
Thank you, everyone. The responses were super helpful. It is really hard to not look at my home and think of all the things that "need" to be done and not do them. lol. We definitely need to paint, that is a given. But the things I was confused on were things like a new driveway, for example. Ours could stand to be replaced, but the blacktop is still functional at this point. Stuff like that I wasn't sure about... I bought my house years ago as a foreclosure that needed a TON of work, both structural and aesthetic... so I obviously wasn't picky We've done all the structural repairs and upgrades... now the house really just needs aesthetic updates. I just wasn't sure what would constitute a dealbreaker for the majority of people.
I can't believe how stressful it is to just THINK about doing this! lol!
I would not do the driveway. Buyers have to understand that they are not buying a new house, they are purchasing an existing home "as is." Often things in the house (even highly visible, major systems) are older and show their age. But as long as they are still functional and safe, it's not something that sellers will address. So something like wear and tear on a driveway would not be something I would spend money on if selling --- unless it is truly a hazard. But even things like huge cracks/lifts in sidewalks -- often inspectors will point out the hazard during a home inspection, but rarely do buyers try to negotiate a credit or repair (especially in this market).
It's easy to get overwhelmed when you are considering putting your home on the market, but often sellers overestimate what they need to or even should do in preparation. So definitely meet with an agent (or a few) to get their opinions. I bet most will advise you to do less than you think you need to do.
It's almost always the best course to sell a house as it is (and price it that way) versus trying to do work to do the house to help the sale.
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Posted 6/14/16 10:53 AM |
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