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Preparing Your Home For The Market Mira Wannous | Realtor | RLP Sterling Realty | 778.688.MIRA(6472)|[email protected]

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Page 1: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

Preparing Your Home For The Market

Mira Wannous | Realtor | RLP Sterling Realty | 778.688.MIRA(6472)|[email protected]

Page 2: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

When you prepare to place your home on the market for sale it becomes a product. Just like any product on the shelves at your local store it has features & benefits, pluses & minuses, and there are other products to compare yours to. To gain an edge in your marketplace you must be priced right and look better than the competition. Sometimes it is difficult to think of your home as a mere product, but it helps to think that way so that you can get top dollar for your property and sell in a reasonable amount of time.

When you sell your home, you are going to have to move. When you move, you are going to have to pack. Most of the principles of staging just mean that you are going to pack up some of your things early. It is a little bit of work, but you are going to have to do it anyway- so let’s do it now so that you can get top dollar for your property.

In 15 Seconds...YOUR HOME WILL MAKE A FIRST IMPRESSION

Page 3: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

People make snap decisions in new situations. This is especially true during a showing of a home they are considering. In preparing your home for the market, we need to put this trait of human nature to work for us. Your home needs to make an impression such that the snap judgments of potential buyers are favorable. During the showing, the buyer will make judgments about your home as they view it through the “lens” formed in that first 15 seconds.

Remember, people judge what they cannot see by what they can see. There is so much of what a home has to offer that you cannot see. So we need to make sure that what can be seen is presented perfectly. That’s the purpose behind this booklet.

4 FACTORS CONTROL THE SALE OF ANY PROPERTY

1. Price

2. Terms: This refers to market conditions: Interest rates, employment levels and confidence. We do not control any of these but they impact us as we market your home.

3. Marketing: Our team will be working very hard on the marketing for your property.

4. Condition: This can be as important as price. If condition is not model home perfect, price will have to be adjusted. If you have ever been in a model or show home, you know how great they look. When homes have that kind of appeal, they sell quickly and usually for the highest price possible. Another interesting characteristic of good- looking homes is that, usually, the transaction is remarkably free of problems.

Page 4: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

PRICE AND CONDITION

IT IS MOST IMPORTANT TO HAVE PRICE AND CONDITION PERFECTED WHEN YOUR PROPERTY FIRST GOES ON THE MARKET.

Implement the suggestions in this booklet as soon as possible because just like you cannot duplicate the first kiss, you cannot duplicate the debut of your property on the market.

After the initial surge of interest, the only people to look at it will be those buyers new to the marketplace. The initial impression we make with your property is critical.

(Use the Checklist)

Fix What Needs Fixing

If you have a “honey-do” list or know of items that need to be addressed at your home, do them up front. Do not let the buyer wonder if you have cared for your home. Fix anything that needs addressed upfront and avoid headaches later.

We Will Help You

Our decades of experience in the marketing and sale of homes will allow us to guide you in making low cost, high value enhancements to the positioning of your property.

Mira has almost 30 years interior decorating and staging experience so she will be able to tell you exactly what improvements make sense in order to net more money in your pocket and what changes are just a waste of time and money.

Let’s Get Started.

Page 5: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

PRESENCE AND STATURE

THE IMPRESSION YOUR HOME MAKES WHEN YOU DRIVE UP THE ROAD OR DRIVEWAY TO YOUR HOME.

Any agent will tell you that one of the worst things that happens to them in the course of showing property to qualified buyers is to drive up to a home and have them say: “I don’t want to look at this house” - before you have even put the car in park. This impression is nearly impossible to overcome.

GENERAL EXTERIOR

Start by standing in front of your home with this checklist and pen. Jot down anything that leaps out at you. Then, walk around the outside of your home with this checklist in hand.

FRONT YARD

1) Shrubs and landscaping should enhance, not hide, the home. Shrubs should be lowered to, at most, the height of the home.

2) As a rule of thumb, all tree limbs should be far enough from the ground so you can walk under them.

3) Flowers add color and beauty to the home. Flowerbeds should be clean, and look good in all seasons. Make sure all beds have a sharp edge and are free of leaves and debris.

4) Keep the lawn mowed and neatly edged. A perfectly mowed lawn does wonders for presence. You may have to mow twice per week during growing season.

5) Aerate and seed any bare or thin spots in your lawn. Consider using sod if necessary.

6) Arrange for a lawn fertilization company to set up an accelerated program to keep your lawn a deep green color and weed free.

Page 6: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

7) Mulch will do wonders to boost the presence and stature of your home at any time of the year. Always make sure all beds are freshly mulched. During the winter, at the very least, front yard and approach beds should be mulched.

8) Check your flower beds, lawn areas and driveway for weeds. It is better to pull them than to use chemicals. Chemicals take a long time to work and the dead and dying weeds look awful as they go from yellow to brown. Only use herbicides to maintain these areas once the main weeding has been complete.

9) In the fall, be sure to rake leaves from your lawn and from planting beds. This may need to be done every couple of days.

10) Inspect your property and remove all trash cans, discarded wood scraps, and trash. Re-stack wood piles if necessary and remove all storage containers, children’s toys and other unnecessary objects.

11) Make sure windows are spotless. This includes frames around the windows, the sills and shutters.

12) Consider repairing peeling paint on house, painting or cleaning any ornamental fences, light posts and railings. 13) Have tuck & pointing on all chimneys in good repair 14) Vacuum out and clean the glass on all of the exterior light fixtures.

15) If you have a covered entryway, add a bench or attractive set of chairs to help people imagine themselves relaxing here. If these items already exist, make sure they are clean, inviting and some place a person could actually sit. 16) Shovel walks and driveway in winter

Page 7: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

GENERAL EXTERIOR - OTHER YARD AREAS

1) Mow, open up and clear any pathways to water or other Amenities on your property. This includes trimming low hanging branches. It is important to remove these items as they should not line the path.

2) Keep driveway swept. If not paved, rake and add more gravel if needed.

4) Clean gutters & wash or paint the trim if needed. Repair any broken downspouts 5) Consider an exterior low pressure washing.

GENERAL EXTERIOR - FRONT DOOR

1) Consider a fresh coat of paint or varnish on the front door. At the very least, clean the door and hardware.

2) Make sure your doorbell not only functions but is not cracked or broken.

3) Keep your porch swept.

4) Hose cobwebs and bugs off of house 5) Have an attractive welcome mat for people to wipe their feet. A second mat inside is important during bad weather.

6) Make sure the mailbox is clean, consider cost of rust proof paint.

7) Verify house numbers are large, visible and easily read. We want to make sure buyers and agents are able to find your home.

8) Flood lights make a nice nighttime accent to landscaping A good impression outside the home will cause more buyers to request appointments to see the inside of your home.

Page 8: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

INSIDE APPEAL

You see your home through your heart. To get the highest price, you have to appeal to potential buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in price, they will choose the one in the best condition.

Remember, buyers will only pay top dollar for a home that they feel they can move into without a lot of added work or cost. Every extra touch that you put into your home will lend itself to a quicker sale at a higher price

The following checklist will help you give the inside of your home the greatest presence.

1) Get the home aired out. Someone who lives in a place is the last person to notice any peculiar odor that may be obvious to visitors. However, if you do notice any bad odor, search for and destroy its source.

2) Wash all the windows inside and out. Clean the window sills and the bottoms of the window jams. Wash the blinds and vacuum the drapes.

3) If your carpets look dirty or have not been cleaned in over a year, clean them. Buyers only know what they see .. not the way it is going to be. Unless your home is a “fixer”, badly worn or very out of date carpets should be replaced before coming on the market. Offering a buyer a credit to pick their own new carpet or discount off the price is far less effective and usually ends up costing more money and slowing down the selling process. Pick a light colored short plush or Berber carpet. Realtor beige or nowadays a light grey is a safe color…

Page 9: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

4) Clean or polish all floors.

5) Clean all the closets, cabinets, and drawers. Get rid of things you have not used in the past 5 years and pack everything that you have not used the past year (this will also give you a head start on moving).

6) Make sure the closets look like they have enough room to hold additional items. Make sure doors do not stick and nothing will fall out when opened. Get everything off the floor (unless very neatly arranged) and do not have the shelves piled to the ceiling. If necessary, box up off-season clothes (this is another head start on moving). All coats should be facing in the same direction.

7) There should not be too much furniture in the rooms. You will be far better off selecting the pieces that look best and putting the others in the garage or in storage. Store or discard old furniture that is not needed. Arrange furniture to create a smooth traffic-flow

8) Make sure fireplace mantels are not overloaded with items on display. A couple of well-placed items like a vase or small flower arrangement are all that is needed

9) Make the fireplace a focal point, the star of the room. Arrange seating to face the fireplace. Remove the television, if large and in a formal living room.

10) Clear the ashes out of any fireplace if it is not being used.

11) Clear out family photos and all other items that say “You do not live here” to a potential buyer. Fill any holes and touch up paint from taking them down.

12) Put maximum safe wattage of light bulbs in all fixtures.

13) Clean all wall switches and replace broken plates.

14) Make sure that any pull-down staircase is strong enough to be used safely.

15) Consider whether the posters currently in your children’s rooms are likely to offend any buyers. If so, store those posters for now.

16) Remove all ashtrays. If there is a smoker in the residence, all smoking must be outside (not in garage) while property is on the market.

17) Invest in some new and luxurious bedding (comforter, sheets, and accent pillows). You can take them when you move, and they will improve the look of the bedrooms while your current house is on the market.

18) If your house is the least bit dated, consider changing items that will increase your home’s desirability such as dated wallpaper, light fixtures, etc

Page 10: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

.

Kitchen and Bathrooms The kitchen and bathrooms are key to any buying decisions. The more you can make these rooms fresh, clean and non-cluttered, the faster you will move on with your life!

Clean, clean, clean!!! These rooms are very high on the list of first impressions! Fresh smell adds to the feeling of cleanliness Fresh, clean and neat towels and linens make a favorable first impression Ample lighting is important, replace burned out bulbs, etc. Appliances should be clean and in working order Minimize counter-top accessories giving the appearance of more work space Neutral floors and walls are always a plus Clean and repair grout and caulking Toilet lid in bathroom should be down Flowers and a bowl of fruit (in the kitchen) give a fresh, lived-in feeling Empty trash containers Clean or remove pet dishes and cat litter boxes

Page 11: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

KITCHEN in detail

The kitchen may be the most important room in the home. Clean this room like your sale depends on it- because it does!

1) Clean the oven and keep it clean; even if this means eating out (or getting deliveries) more often.

2) After cleaning the range, put new drip pans under the burners or foil over the old ones.

3) Clean around the seal of the dishwasher door.

4) Look at the kitchen as if you were a health home inspector. Paying particular attention to: a) Garbage area b) Cracks c) Corners

5) Make certain you get rid of all junk, broken or cracked dishes. Also remove disorganized items that have accumulated in the kitchen drawers and cabinets.

6) Keep everything put away that can be put away, especially on counters.

7) Check the cabinet doors and door handles for fingerprints.

LAUNDRY ROOM in detail

1) Put soaps and supplies in cabinets or containers.

2) Keep counters and sink clean and empty.

3) This is one room to take special care with lighting. Many laundry rooms are way too dark. Upgrade wattage in light fixtures if safe to do so.

BATHROOMS in detail

1) Repair all leaky faucets.

2) Caulk bathtubs, showers, and sinks.

3) Coordinate towels in one or two colors. Fold clean towels in thirds and hang onto racks each

Page 12: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

day. Purchase new towels if necessary.

4) Clear all items out of shower stalls and tubs except for necessities.

5) Clean or replace shower curtains.

6) If necessary, remove the shower door for cleaning. Use solution of one part muriatic acid to 10 parts water (use goggles when mixing), then scrub with plastic scouring pad and rinse clean.

7) Fresh flower arrangements do wonders for a bathroom, both in appearance and aroma. No plug-in air fresheners or scented candles.

8) If you have pets, be sure to clean around their food areas and empty litter boxes frequently.

ATTIC tips:

All lights should be in working order Make accessible, with no obstructions Make sure that any pull-down staircases, such as to an attic are working. Be sure that there is a working light in the attic, if equipped Roof sheathing and rafters should be visible and not blocked or hidden by contents Neat organization of contents will enhance the buyer’s perception of usable space Address any mold issues with a qualified mold expert

BASEMENT tips:

All lights should be in working order Neat organization of contents will enhance the buyer’s perception of usable space All basement walls should be accessible to buyer/inspector to check for signs of water

and / or structural defects Never hide basement water or structural issues Hire maintenance specialists to repair or replace pipes, vents, etc. that are in disrepair Have torn or broken asbestos wrap on duct work inspected by an EPA specialist

The following electrical issues nearly always cause challenges:

Knob and tube wiring and/or aluminum wiring 60 amp service Fuse boxes Exposed wiring junctions

If any of the above exists, it is recommended that a certified electrician inspect the electrical and make recommendations to make the home “inspector friendly”

Install any missing handrails Empty fireplace clean-outs Get older furnaces, hot-water tanks, etc. certified by an expert (replace furnace filter) Have utilities on and make sure pilot lights are lit for inspection

Page 13: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

GARAGE

1) Clean and sweep garage. Consider painting walls flat white and floors light gray.

2) Store any dangerous tools and arrange others neatly. Use containers and tool boxes as necessary.

3) Vacuum pipes around heating system which are visible.

4) Check garage windows and screens. Windows should be clean and screens free of rips and tears. Windows should be checked for cracks and holes. Replace as needed. 5) All lights should be in working order 6) Neat organization of contents will enhance the buyer’s perception of usable space 7) Walls should be visible and not hidden by contents 8) Consider storage units for unnecessary items 9) A clean appearance on garage doors gives a great first impression 10) Repair things that the buyer or inspector would want fixed

Remove all “junk” from the attic, basement, closets, garage, and tool shed. Large storage areas appeal to buyers. Rent a storage unit and clear out as much as possible to make your home feel open and roomy.

Additional tips:

All of these tips are intended to maximize the value of your home and to minimize buyer objections. Most of these tips are time-only investments. Even if you must hire someone to do some of the maintenance or repair, you will save money. Following is a typical example: Broken hinges on the stairway to the attic ($100 for a repairman) Left unrepaired, buyer/inspector perceive deferred maintenance and apply a reduction to your home’s value of $500 - $1,000) In is my experience, buyers begin negotiations at $500 and up for any items they deem to be a problem. By making your home “inspector friendly,” you can save hundreds and perhaps thousands of dollars. Look at all areas of your home through the eyes of a buyer or an inspector and prepare it accordingly.

Page 14: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

Predictable Buyer Objections Inside of a Home The number one objection we receive from buyers is having the seller, children or pets at home during a viewing. The buyer does not feel comfortable opening closets, drawers, etc. to really get a feel for the home. When the buyer does not explore, the buyer typically does not buy. If you must be present, please stay out-of-the-picture and do not converse with the buyer.

Clutter Dirty and/or dusty Odors (smoking and pets) Electrical issues and home-made shortcuts Evidence of water in the basement Any signs of mold Bright colored walls Peeling or dated paint Peeling or dated wallpaper Carpet stains or worn spots Obvious defects Obvious deferred maintenance

It is important to understand that while these things are very predictable objections, a seller should never hide defects, water stains, odors, mold, etc. If your home has any of these issues, consult with a qualified professional for guidance and recommendations.

Predictable Buyer Objections Outside of a Home Roof issues Rotting decks Broken downspouts Improper drainage from downspouts Low lying areas which lead to drainage problems Peeling or poorly painted entrance Broken windows Cracked driveways Uneven sidewalks Stoops that slope toward the house Wood stacked next to the foundation or in the garage It is important to understand that while these things are very predictable objections, a seller should never hide defects, water stains, odors, mold, etc. If your home has any of these issues, consult with a qualified professional for guidance and recommendations. Avoiding these objections will bring you a better price in a shorter amount of time

Page 15: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

Preparing for Your Photography Appointment

To produce the best possible listing brochure and internet tour, we recommend completing the following before we arrive to photograph your home. The interior and exterior of your home will be photographed from multiple angles. Every room will be photographed, including bathrooms, laundry room and garage.

EXTERIOR

1. Front and rear yards should be clear of lawn equipment, toys and debris.

2. Schedule a mowing for the day before if possible.

3. Garage doors should be closed.

4. Cars should be in the garage or parked on the street away from the front of the house, if possible.

5. Clear lawn and gardens of leaves and fallen branches. .

6. Close lid on grill and open any deck or patio umbrellas, no matter the time of year. Built- in grills need to be spotless.

7. Tidy piled up hoses, lawn decorations, etc. .

8. If you have a pet, please pick up any messes in the yard and remove the pet from the home for your photography appointment.

Page 16: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

INTERIOR

9. Turn on all lights to make the home as bright as possible.

10. Open all window cover-ups and shades completely.

11. Clear all unnecessary articles from counter tops, coffee tables, dressers

and bathrooms.

12. Remove items that would impact the buyers’ ability to focus on the home such as family photos, collectibles, piles of magazines/books, coats, boots, etc...

13. Beds should be made and all unnecessary articles should be remove from floors and doorways.

14. If you have any photos, reading materials, videos or other items that would not be appropriate for all age groups to see, please put them away.

15. Put pet food dishes and litter boxes out of view of the camera.

Page 17: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

SHOWTIME

Your property looks great and you have a scheduled showing appointment. Here’s how to get ready quickly.

1) Open all drapes and window shades. Keep your home well light. Buyers will drive by at odd hours and you want your home to stand out. Keep ample lights on-both inside and out-until at least 9:00p.m. every day. Have plenty of artificial light for evening appointments, lighting is key! 2) Open all doors between rooms to give an inviting feeling.

3) Turn off the TV turn. 4) Soft, relaxing, very low volume, music adds flavor (the wrong music can be deadly)

5) Look around for clutter, including newspapers and magazines and clear it away.

6) See that the kitchen counters are free of unnecessary items and that any dirty dishes are put away.

7) Remember to take out the trash. If you have pets, get them out of the way and take care of their food and/or litter area.

8) Make sure beds are made and clothes are picked up.

9) Verify that the bathroom is straightened up: toilet lids down, counter tops cleared off, towels hung neatly, etc.

10) If it is fireplace season or you have a gas log, light the fire as buyers arrive.

11) NO air fresheners or scented candles. They can aggravate allergies and create an image of

Page 18: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

covering up or masking issues. BUT Flowers make a wonderful impression, inside and out 12) Comfortable room temperatures (use your AC in hot, humid weather and make it nice and warm and inviting during those crazy cold months))

13) Take pets with you or make sure that they are in a cage, etc., police yard to remove traces of

pets

14) Store and protect personal belongings, medicines, etc. Be mindful of valuables, put them out-of-sight and secure them

15) Cooking something in the oven on low creates a feeling of “home”

16) Neutralize the home: Remove pictures, etc. Allow the buyers to “picture” themselves in your

home 17) Leave notes or signs with special instructions: I.e., Don’t let the cat out (have a picture of the

cat on the note!) Make sure that security systems are understood or disarmed

Whenever you leave the house in the morning or during the day, please leave it as if you are sure it is going to be shown.

Yes, it is difficult sometimes and it might even mean you have to get up a little earlier in order to take care of these important items, but you never know when the right people are going to look at your home. This way, you will always be ready for them!

Please try to accommodate all showings. Buyers tend to look at multiple properties during each outing and may find another before you are able to reschedule.

If your electric bill does not go up while your house is on the market- you are doing something wrong! While on the market, your house will have the lights left on in case of a showing and a comfortable temperature should be maintained.

Keep pets out of the way during showings-preferably out of the house. Many people are uncomfortable around animals and may even be allergic to them.

During a showing, leave the premises. Take a short break while your home is being shown. Buyers are intimidated when sellers are present and tend to hurry through the house. Let the buyers be at ease, and let the agents do their jobs.

Agents should leave the home exactly as it was when they arrived. They do not know if you have another showing after they leave. So, if you would like certain lights turned off or blinds closed, please leave a note at your home.

If you need the name of a painter, house cleaner, handyman, roofer, electrician, etc... just give us a call. We would be glad to refer you to vendors we have worked with and from whom we have received excellent service.

Page 19: Preparing Your Home For The Market · buyers who will see your home through cold, calculating eyes. If buyers have the choice between two comparable properties that are similar in

Quick Tips for “SHOWTIME”

The number one tip is for sellers to leave the premises so that buyers feel comfortable exploring, questioning and commenting. All of those activities are needed for a buyer to feel “at home”

If you must stay on the premises, stay in one room and allow the buyer to ask questions of the agent, answering the buyer’s questions many times will hurt you more than help you

Do not disclose your motivation, time-line, etc. with the buyer or the buyer’s agent Tidiness counts (beds, dishes, countertops, store toys & newspapers, etc.)

Mira Wannous | Realtor | RLP Sterling Realty | 778.688.MIRA(6472)|[email protected]