Saturday, December 02, 2006

Getting your home ready for sale - Agent or FSBO?

A poll of potential buyers revealed that sellers ought to do more than just look after required maintenance before showing their home. Many realtors offer basic advice on getting your home ready to sell. Ideas like making your house like a blank canvas that allows buyers to view it as their potential home by cleaning, removing clutter, and putting away family photos and other items that personalize your home to you and your family in storage. This also means diplomas (unless you went to Harvard) and want to give the buyers the idea that if they buy your home they're making a "smart" decision. Buyers usually prefer not to ‘have to’ change colors.

It helps a home to sell if it has good street appeal, is clean and uncluttered, and in a good neighborhood. Remove any tools or children’s toys from the yard – rakes, gardening tools, children’s swimming pool and bikes - then, get to work: Mow the lawn and manicure the edges and the grass around the mailbox; trim tree limbs and shape up any shrubbery; remove grass and weeds growing in the driveway, the sidewalk and any other walk ways; power wash dingy vinyl siding, windows, porches, steps and decks; clear gutters and finally; de-clutter, clean and organize your garage.

You will need to understand the value of your home. Wrongly pricing your home could mean a longer time on the market. If you need to sell your home quickly, a lower sales price for your home in order could speed up the process. It may be possible to generate a positive cash flow and lock in a higher selling price with a FSBO (for sale by owner) lease/purchase agreement. However, it will take some work on your part since you will be doing a lot of things that an estate agent might normally do. Selling a home yourself, without an expensive estate agent is easier than most people think. A good agent can give you sound advice and save you a ton of time.

You are probably a good candidate for working with an agent if you have never bought or sold a home before. One easy way to look at how much experience an agent has is to look on the Department of Real Estates website where you can see when an agent obtained their license, or to see if they are even licensed. You will almost certainly need an outside opinion from someone who has used them before, but you really need someone who can be totally dispassionate about his or her perceptions.

Technorati Tags:
, ,

No comments: