Our Real Estate Blog
If you've recently put your home on the market -- or are considering doing so in the near future -- home staging is a priority which will soon take front and center!
Since "presentation is everything" when trying to catch the interest of prospective buyers, it's crucial to be able to see things through their eyes.
Unfortunately, being able to accomplish that objective is next to impossible because, as a homeowner, you're looking at your home and property through a completely different lens than the rest of the world. The longer you've lived in your home, the more your objectivity is compromised.
Here are a few reasons why it's really difficult to "see the forest for the trees" when it comes to home staging:
First of all, there's the emotional aspect of owning a home and seeing your life unfold there over a period of years. That's especially true for first-time homeowners, parents of growing children, and people who have sunk a lot of money, time, and energy into improvements and customization. Once you've added personal touches to your home to reflect your own tastes, personality, and lifestyle, you're viewing your home through a unique perspective that may cloud your objectivity as a home seller.
Solution: Think Like a Business Owner
For the same reason business owners and executives hire outside consultants to tell them how to improve management efficiency or profitability, home sellers often need professional marketing guidance from a real estate agent or home staging consultant. Getting input from home decorators, landscapers, or home improvement contractors may also provide you with helpful ideas, but their recommendations may not always be the most economical and cost effective.
When staging your home to enhance eye appeal and attract the most potential buyers, a good guiding principle to keep in mind is ROI or "return on investment." While you don't want to sink more money into sprucing up and staging your home than necessary, you do want to cast it in its best possible light. Depending on how recently your home has been updated or improved, your investment in home staging may be relatively inexpensive. On the other hand, if you haven't updated, repaired, or made improvements for more years than you care to remember, the cost of making your home irresistible to buyers may be a lot higher!
One More Scenario
If your tastes could be described as eclectic, "off the wall", or otherwise out of the mainstream, you might need to consider a major overall in the look and feel of your property. Unless you're lucky enough to have it be a "sellers' market" at the time you're putting your house up for sale, it's generally advisable to make your home appealing to as wide a range of potential buyers as possible. An experienced real estate professional is usually in the best position to provide the guidance you need to accomplish that key objective.
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Looking to sell your home? If so, it often pays to learn about the real estate market.
A knowledgeable home seller understands how to operate in any housing market conditions. As such, this individual can plan a successful home selling journey from day one until the final closing date.
Ultimately, there are many best practices for selling a house, and these include:
1. Clean Your House Both Inside and Out
A homebuyer's first impression of your house likely will impact his or her decision to submit an offer on it. Thus, if your home has a pristine exterior and interior, you can increase the likelihood of generating plenty of interest in your residence.
To boost your house's curb appeal, you should mow the front lawn, trim the hedges and perform myriad home exterior maintenance. Also, if there is chipped or cracked siding or other home exterior issues, you should complete assorted home exterior repairs as soon as possible.
When it comes to your home's interior, you should allocate significant time and resources to clean and declutter. Mop the floors, wipe down countertops and clean each room of your house. In addition, remove excess items from your home to show off the full size of your living space.
2. Conduct a Home Appraisal
What your home is worth today is unlikely to match what you initially paid for your house. Fortunately, a home appraisal can provide you with a good idea of the current value of your house based on its age, condition and other factors.
During a home appraisal, a property appraiser will evaluate your residence. Then, the appraiser will provide a property valuation.
With a property valuation in hand, you'll be able to establish a competitive price for your residence. And as a result, you can boost your chances of a quick home sale.
3. Collaborate with a Real Estate Agent
Selling a home may seem like a long, arduous process. However, if you collaborate with a real estate agent, you can take the guesswork out of selling a residence.
A real estate agent will learn about your home selling goals and help you plan accordingly. Therefore, if you need to sell your house quickly, a real estate agent is happy to assist you. Or, if you prefer to take a wait-and-see approach to the housing market, a real estate agent can help you do just that.
Furthermore, a real estate agent is a home selling expert who can provide recommendations and suggestions. If you have questions about how to upgrade your house's exterior, a real estate agent can put you in touch with local landscapers and contractors. Comparatively, if you're unsure about how to price your house, a real estate agent can provide you with housing market data to help you make an informed decision.
When it comes to selling a house, working with a real estate agent is ideal. Reach out to a local real estate agent today, and you can seamlessly navigate the home selling journey.