Sellers Wanted! Three Reasons Why Winter is A Great Time to List Your Home
While the weather out there is screaming WINTER, the market says SPRING! With the holidays behind us, it’s time to get serious about listing your home. There’s no need to wait for warmer weather; getting your home on the market first can also mean getting it sold FIRST.
Top 3 reasons to list NOW:
1. Buyers are hunting, and less inventory means MORE attention for your listing.
You’ve heard of the theory of supply and demand. With fewer choices on the market, there’s a greater possibility buyers will be giving your home a look (or a second, maybe even a third). Is it a great fit? Let’s hope. If it’s not, they’re more likely to consider making adjustments rather than waiting for the perfect house to come along. Winter-time lookers tend to be more serious. Give them something to look AT (and never end a sentence with a preposition).
2. Lower inventory can also lead to HIGHER SALES PRICES!
“I want to sell my house for a lower amount.” (said no one ever). Put your house on the market now and you’re more likely to get full to above market value. Why? One word: competition. You don’t have as much. With fewer houses on the market, potential buyers have fewer options to compare and are less likely to negotiate aggressively.
3. Less business can lead to a SMOOTH TRANSACTION.
Everyone gets busy during the spring and delays can be a huge frustration for both buyers and sellers. With fewer transactions occurring during the winter months, lenders, appraisers and inspectors have more time to focus on your property. Bypass those long lines. Get your house on the market early and put your listing in the express lane.
If you’re ready to sell, there’s never a bad time to list your home, but don’t procrastinate (keep that New Year’s resolution). The buyers are ready and waiting. Let your house be the “new listing” getting everyone’s attention and let us show you how to do it.
Making the decision to sell your home can be overwhelming. Brandi Schildmeyer, at Build Collective, Coldwell Banker Realty, can help you understand the process and make sure you get the most for your home in the shortest amount of time.
Thinking of listing your home in the coming weeks or months? With so many of us spending far more time at home than usual right now, and actually looking for projects to keep up busy, it’s a great time to do a few things around the house that will really make a difference when you put your home on the market.
Here are eight things you can do right now to get your home ready to sell:
1. FOCUS ON CURB APPEAL
What’s the first thing someone notices about your home? Of course, it’s the exterior. Picking up garbage, doing a little pressure washing and making sure your gutters are clear can all add to that first impression of your home. Also, don’t forget about landscaping. Pulling weeds, planting a few flowers or even adding a fresh layer of mulch, can go a long way in upping your curb appeal.
2. DECLUTTER & PURGE
We all know how easily things can accumulate, but now is a great time to get rid of the clutter and unwanted items. Too many decorative pieces or even extra furniture in a room can make it feel small and crowded and that can make a buyer feel uncomfortable. You want a potential buyer to be able to envision themselves living in your home so do them and yourself a favor now by getting rid of the excess.
3. CONSIDER INTERIOR PAINT
Take this time to take a good look at your walls. Do you need to switch to a more neutral color? If you’ve updated some rooms, but still have that hot-pink bedroom or lime green kitchen, now is a great time to tone down that shade.
4. DIY MAINTENANCE
If you find yourself with loose faucets or shower fixtures or areas that need caulking, go ahead and make those repairs, if you are able. These are small things we can let slide in our day-to-day lives, but they almost always come up on an inspection report. You can take care of those issues now and save yourself a headache in the future.
5. ORGANIZE WARRANTIES & DOCUMENTS
Again, you can save yourself some time by getting all of these in order now because the new buyers will want them. Also, you don’t want to overlook something that could add value, like a transferable warranty
6. GIVE YOURSELF A SHOWING
Pretend you’re the buyer and take a tour of your home. Make sure to take notes on things that stick out to you or areas that need improvement.
7. CREATE A LIST OF IMPROVEMENTS & FAVORITE FEATURES
Remember the exterior lighting you added last year or the new sprinkler system? How about the open kitchen that you’ve enjoyed so much? Pointing out the enhancements and things that you’ve loved about the home can help the potential new buyers see that value as well
Nothing feels better than a nice, fresh and shiny house. It instantly makes people comfortable and they will feel your house has been cared for and loved. So now that you have the extra time, make it sparkle! Clean cabinets, baseboards, doors, and even the floors of closets. We promise, everything you do now will be noticed! And last but not least, make it smell nice… because clean sells!
If you’re ready to sell soon, take advantage of the extra time at home to prepare your home for the market. Buyers will notice the effort and your house be the “new listing” getting everyone’s attention!
Making the decision to sell your home can be an overwhelming. Brandi Schildmeyer, at Build Collective, Coldwell Banker West Shell can help you understand the process and make sure you get the most for your home in the shortest amount of time.
Tune in to see how we’re working with our buyers and sellers during COVID-19. Mike Hines (Build Collective) joins Tim O’Brien (Zipfel Capital) and Dan Orner (First Title) on the latest procedures when it comes to home buying and selling to keep you safe and informed.
As the top real estate team in Montgomery, Ohio, we are committed to keeping you well informed so you can always make the best decisions for you and your family.
Call Us With Questions
Have more questions? Need to sell or buy a home soon but don’t know where to start during these ever changing times? Please reach out to us! Mike Hines is available to chat or email at anytime…. 513.260.0424 or [email protected]
You want to make the most money possible when it comes time to sell your home. The way to do that is by improving and updating the things in your home that buyers look for the most.
We compiled this list for those looking to boost their resale value. It’s important to focus on the renovation projects that will net you the highest ROI. All of the projects on this list were chosen for their ability to produce high ROI as well as create a more desirable home. Remember – it’s important to make money. But it’s also important your house doesn’t sit on the market for a year.
Make these updates and you should fetch a high sale price, quicker than you would otherwise.
1) Remodel the Kitchen
The decision among real estate experts about where you get the highest ROI renovating your home is unanimous. The answer is in the kitchen. For some reason people just want nice kitchens and care about it more than the rest of the house… Maybe it’s because that’s where people like to entertain guests. Your main priority when renovating a kitchen should be layout. Creating a structure (or bones) that is functional and can easily be updated is super important. It’s one thing to replace a counter-top and cabinet doors. It’s a different story to completely renovate the whole kitchen.
Once you get the structure out of the way, search for materials that have a high quality look without a big price tag. You can make a space look modern and luxurious without having to use marble and granite.
2) Update Bathrooms
Bathrooms are the second place buyers typically place the most value in a home. The good news is that making updates to a bathroom doesn’t have to cost a fortune. En-suite/master bathrooms are the most important. As they say, it’s where the magic happens. Cast a spell on potential buyers with a beautiful en-suite. That was really corny I know…
3) Repair plumbing issues
Can we say structural problems? This is the #1 worry of all potential buyers. No one wants to move into a beautiful new house and have a disaster occur two or three months down the road. Re-doing your old piping and updating it to a newer plastic solution is a huge selling point. This removes some of the potential fear that comes with buying a home.
4) Remove paneling
Wood paneling and Stucco are common in older homes. Mainly because when it was popular, we didn’t have walls without imperfections like we do now. Not only are these two things ugly, they also show potential buyers that you lack the ability to update your home. “If you can’t update this, what is is lurking?”
5) Attic Renovation
Attic renovations are a popular choice among DIY projects as expenses can be minimized. In many houses you will have the bones for a room. All that is required of you is putting up walls and handling the cosmetics. Updated attics can sometimes be a stronger selling point than updated basements.
6) Replace Siding
Since curb appeal is so important, it makes sense to focus on the biggest factor. The outside of the house. Everyone knows the dingy, yellow siding that used to be white 60 years ago look. If your house looks like that – sorry. It’s time to update. For those on a budget you can also try power washing. Power washing sometimes brings better results than you could imagine. And it barely costs
7) New Garage Door
In addition to replacing/refreshing your siding and landscaping well, your garage door can play a big part in selling your house. It’s another element of curb appeal that can draw in or turn-off potential buyers. Luckily, new garage doors re-coup on average 80% of their investment in the long term. Basically, it will help you break even (or make money) while making your house more desirable.
You want to sell your home in the least amount of time and for the most amount of money possible. The way to do this is by performing renovations with a high ROI. In addition, you want to focus on the most desirable updates. Doing so will ensure you attract more interest on your property.
Each of these on the list may not be necessary or feasible with your budget. Remember that curb appeal, kitchens and bathrooms are important. If you can focus on nothing else, focus on those things. These projects will reduce your risk of losing money in the renovation process and also help you sell quicker.
Need more information on selling your home in the area? Give me a call!
It feels like Spring. So, lets start acting like it! After all, the market sure is! Over the past 2 months, the market has been on fire and listings are selling faster than ever. But the secret to success is not just slapping a home up on MLS and tossing a sign in the yard.
Before you list your home, there’s a simple checklist that you should work through to make sure you put your best foot forward. No, we’re not talking about staging the house or remodeling. We’re talking about the practical, quick fixes that can make your house shine in just an afternoon!
Here’s our Build Cincinnati’s must-do list:
Mulch – If you’re about to list your home, immediately go to Home Depot to grab a few bags of mulch. In an hour, you can spruce up the curb appeal drastically with just a few bags of mulch and spreading them around the beds.
Flowers and Grass Cutting – You don’t need a green thumb to make your house stand out. It’s all about the photos on the internet that attracts people into you home. So, the more color and orderly your yard looks, the better you’ll compare to your competition. If all else fails, call your local landscaper!
De-clutter We all have too much stuff! This is just life, unless you’re a true minimalist. Our solution: grab a few boxes and start to shovel some of the extra personal items in there. These can be knickknacks, photos, cluttered wall art, magazines, or anything else that catches your eye. The motto ‘less is more’ is key when prepping your home for photos and showings!
PURGE! Chances are you won’t be taking everything with you when you move. So start the purge now. Grab a garage can and start to remove the items now. This will make the move more manageable when that time comes.
Act like you don’t live there! This is the hardest task. We understand that life pulls you in different directions and kids/animals aren’t always cooperative. But, keeping your house clean and tidy is key to putting your best foot forward for every showing. So as you leave every day, try to emulating a Pottery Barn catalog best you can!
Now, we could name 100 others quick fixes, but we’ve found that time is normally tough to come by when you’re planning to sell your home. In an effort to make the preparation process manageable for you and other Sellers, these items should be the top priority rather than getting side tracked by other glitzy sales ideas!
And, if you have time to spare once these items are complete, we can always make a few other recommendations!