So you have decided that you are going to sell your home. While your home may work just as it is for you and your family and you don’t want to invest any more time or money into your property, there are a few necessary steps that every homeowner should take in order to ensure that their home will sell quickly and at the highest price possible.
Contact a REALTOR®. They can give you detailed Comparative Market Analysis on what your property’s potential value may be, what improvements your home needs to get the best price, and the best strategy to use to market your home. And, just like the micro climates of the Bay Area, there are micro neighborhoods that may require more attention to attract buyers than others.
Have Your Home Professionally Cleaned—While this may seem like an unnecessary expense, it can give your home that fresh appearance that really appeals to potential buyers. Bay Area/Silicon Valley homes average well over a million dollars. That price tag attracts a savvier and demanding client. I always use this analogy when explaining home condition. If you checked into a Four Seasons hotel and the carpet was dirty, the bed unmade and the bathrooms unkempt, you would want your money back or would demand a huge discount until they cleaned the room.
Todays buyers of Silicon Valley homes are demanding that type of cleanliness in the homes they are buying. Most want a plug and play home they can immediately move into with little or no additional maintenance or repair. Not presenting a well maintained home will affect the price they would be willing to pay.
Make All Necessary Minor Repairs—Taking a cue from my comments in the last paragraph, this is an inexpensive way to give your home a finished look and will convince potential buyers that the home is in good repair. This includes fixing any damage to walls and ceilings, installing new faucets or lighting fixtures, and making any cosmetic changes to the kitchen and bathrooms that will give your property a modern appearance.
Clear The Clutter—Giving your home an open and clean appearance can definitely make a huge difference in attracting buyers. Be sure you tidy any messy areas of the home, and depersonalize it by removing most photos and any items or collections that may distract buyers during open houses or while looking at pictures of your home.
Look At Your Home From A Buyer’s Perspective—Because you are use to it, sometimes you may not notice small imperfections or areas of your home that seem not to flow with the rest of the house. Try to take a walk through your home and on your property with fresh eyes, and be as critical as you would be if you were looking to buy your home again.
Make Repairs To The Exterior—Don’t forget the front and back yards, as well as the roof and brick or siding of your home, when making repairs to your property. Your investment is always worth it, and creating curb appeal can really make a difference in attracting buyers.
Have Professional Photographs Of Your Property Taken—The Palermo Properties Team only takes professional photos…Photographs are very important tools for home sales in today’s housing market, and having a complete set of high quality photos that best accentuate the features of your home is critical to the success of your marketing campaign.
Consider More Major Renovations If Necessary—If your kitchen or bathroom is very outdated or in bad repair, or you have electrical, plumbing, or mold problems in your home, these are all issues that can really stall the sale of your property. Fixing these problems will usually not only make your home sell more quickly, but will also increase the value of your home far beyond the expense associated with making the repairs in the first place. In the sellers market that we are presently in, I have seen for every dollar spent on improvements, up to a 120% return in value.