5 Myths and 5 Truths About Selling Your Home
Misinformation can waste your time and cost you money. When it comes time to list your home, you’ll need to do your research so you can separate fact from fiction. Real estate agents participating in Zillow’s 2014 Home-Selling Season Survey identified five top real estate myths; the debunking of them should put you on the fast-track to selling your property:
Myth No. 1: I need to redo my kitchen and bathroom before selling.
Truth: While kitchens and bathrooms can increase the value of a home, you won’t get a large return on investment if you do a major renovation just before selling.
Minor renovations, on the other hand, may help you sell your home for a higher price. New countertops or new appliances may be just the kind of bait you need to reel in a buyer. Check out comparable listings in your neighborhood and see what work you need to do to compete in the market.
Myth No. 2: The outside of my home isn’t as important as the inside.
Truth: Home buyers often make snap judgments, often based simply on a home’s exterior. Therefore, curb appeal is very important.“A lot of buyers I work with have done some preliminary online searches or they’ve driven by properties before they even call us. “If a property looks bad, if the yard is cluttered or the driveway is all broken up, there’s a chance they won’t ever enter the house – they’ll just keep driving.”
Curb AppealThe great news is that it doesn’t cost a bundle to make some big changes to your home’s exterior appearance. Start by cutting the grass, trimming the hedges and clearing away any clutter. Then, for less than $50, you could put up new house numbers, paint the front door, plant some flowers or install a new, more stylish porch light.
Myth No. 3: If my house is clean, I don’t need to stage my home.
Truth: Clean and tidy is a good first step, but the bar has risen. It’s not enough anymore to toss dirty laundry in the closet and sweep the front steps.
We, as Real Estate Stagers strive to make homes appeal to a broad range of tastes. We can skillfully identify ways to highlight your home’s best features and compensate for its shortcomings. A stager might, for example, recommend removing blinds from a window that has a great view or replacing a double bed with a twin to make a bedroom look bigger. It’s common for stagers to de-clutter and depersonalize homes by putting furniture and family photos into storage. Or, if you’ve already moved out, a stager can move in furniture to give potential buyers a sense of how rooms might be used.
An unstaged house will pale when compared to others on the market. If others are not staged, your results will be even more impressive.
Myth No. 4: Granite and stainless steel appliances are no longer “in.”
Truth: The majority of home shoppers still want granite counters and stainless steel appliances.
“Most shoppers just want to steer away from anything that looks dated. When you a design a space, you need to decide: ‘Am I doing this for myself or for resale?’ If you’re not planning to move anytime soon, you can decorate any way you like. If it’s likely your house will be going on the market within the next couple years, stick to elements that have mass appeal: neutral paint and tile colors, matching appliances or top-of-the line appliances.
“I recently sold a house where the kitchen had been remodeled 12 years ago and everybody thought it had just been done because the owners had chosen timeless elements: dark maple cabinets, granite counters and stainless appliances.”
Myth No. 5: Home shoppers can look past paint colors they don’t like.
Truth: Moving is a lot of work and, while many home buyers realize they could take on the task of painting walls, they simply don’t want to. That’s why one of the most important things you can do to update your home is to apply a fresh coat of neutral paint. This also helps a property standout in online photographs – which is where most potential buyers will get their first impression of your property. You could buy the paint and do the job yourself or use a handyman for much less expense than a professional painter. Either way, if a fresh coat of paint helps your home stand out in a crowded market, it’s a worthwhile investment.
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5 Myths and 5 Truths About Selling Your Home