Home Staging Tipes
You’ve heard it before- it’s all about first impressions!
Home staging simply helps your home look more attractive while highlighting some of its best features. If your home is on the market, your goal is to makes potential buyers feel like they could live there, and the finest way to do this is to neutralize the surroundings.
Below are some helpful styling tips to help put your home in prime showing shape!
- Clear out your closets and clutter
- Focus on highlighting the most visible areas in your home (kitchen, living room, master suite, family room etc)
- Remove personal items in your home like family photos and souvenirs
- Put away large items such as porcelains, plates and vases to create more space
- In the summer, water your grass and garden 30 minutes before an open house- this will make your lawn sparkle
- Do not cook anything that will leave an odor (fish, garlic etc)
- Set the dining room table with attractive linens and dishes
- Neatly arrange fresh flowers throughout your home
- Uses mirrors to help smaller rooms look more open
- Use as much natural light as possible
- Make small repairs to faucets, squeaking doors and fences
- Bring another set of eyes to help you catch something you may have overlooked
Why a Home Inspection
Whether you are looking to buy or sell a home, you should have a professional home inspection conducted. If you are buying a home, a home inspector will ensure the systems and foundation of the home are free from severe damages that may increase your liability in the future. Likewise, if you are selling a home, failing to receive a satisfactory home inspection will make it very difficult to sell your property.
GENERAL HOME INSPECTION ITEMS INCLUDE:
- Structural elements of the home (walls, ceilings, floors, roof, foundation etc)
- Exterior (landscaping, grading, elevation, drainage, windows, trim etc)
- Roofing (ventilation, framing, gutters etc)
- Plumbing (drain, waste, pipes, toilets, showers, sinks etc)
- Electrical (circuit breakers, main panel, wiring, grounding, exhaust fans, light fixtures etc)
- Appliances (dishwasher, oven, garbage disposal etc)
If you are purchasing a home, you need to know any underlying issues with the home before you close the deal. A professional home inspector will disclose any known problems with the home that may affect your buying decision.
If you are selling a home, you should know about any hidden problems before your home goes on the market. Usually, any buyers will require a professional home inspection as one of the contingencies before they decide to purchase. If the inspector addresses any serious problems, the buyer will likely back away from the deal. Any issues with the home should be fixed before your home is put on the market. This will make selling your home a lot easier.
Common Selling Mistakes
MISTAKE #1: SELLING FOR THE WRONG PRICE
Of course, every seller wants to get most money out of their property. However, this will not happen by pricing your property too high. A high listing price will cause buyers to lose interest before they even look at your property. On the flipside, a listing price that is too low will cause buyers to feel there is something wrong with the property, or you are hiding something. In general, your property should be priced according to its fair value, taking market conditions as well as other factors into consideration.
MISTAKE #2: FAILING TO PROPERLY SHOWCASE YOUR HOME
As obvious as this mistake may seem, it is still very widespread among home sellers. If you are trying to sell your home, it is imperative that you make your home as pleasant looking as possible. Failing to ensure your home is clean, presentable and welcoming will quickly turn away potential buyers.
MISTAKE #3: TRYING TO HARD SELL DURING A SHOWING
Buying a home is a very emotional experience. After all, it is likely the largest investment anyone will ever make. As a result, you should allow prospective buyers to comfortably examine your property. Trying to forcefully sell your home during a showing will take away from the pleasant home buying experience. This will surely make any potential buyers look elsewhere. The best idea is to point out any important amenities and be accessible to questions.
MISTAKE #4: TRYING TO SELL TO “WINDOW SHOPPERS”
Everyone who comes into your open house is not a prospective buyer. As a matter of fact, most individuals who attend your showing are not ready to buy. A good real estate agent will be able to distinguish between a “window shopper” and a real interested buyer. Trying hard to sell to the wrong people is very inefficient and time consuming. This will result in missed opportunities to focus your attention on real interested buyers.
MISTAKE #5: SIGNING A CONTRACT WITH YOUR AGENT WITH NO ESCAPE
Hopefully you take your time to pick the right real estate agent to represent you. However, as we can relate, circumstances sometimes do in fact change. Before signing a contract with your agent, make sure you are not bound to that realtor® in anyway. You should know the exact terms of the contract, so in circumstances where you want to find another agent, you can easily do so without any harsh penalties.
MISTAKE #6: INEFFECTIVE MARKETING AND ADVERTISING
Your real estate agent should have the experience to employ the necessary marketing techniques to help sell your home. Today, information technology and the internet are the number one means to attract prospective buyers. When searching for an agent, make sure they have the necessary skills and resources to use the internet effectively to attract buyers. Otherwise, you will risk your home being on the market longer than it should be.
Reasons To Sell Now
1 | INVESTORS ARE BUYING
There are many bargain hunting investors out there looking for great deals on properties. With the economy the way it is, this is a great time to buy!
2 | TIME TO DOWNSIZE
With the kids off to college or getting ready to move out, you shouldn’t work hard to maintain a larger property. Now could be a good time to look for something smaller.
3 | UPGRADE TO A FIRST-CLASS NEIGHBORHOOD
With the decrease in home prices lately, there are desirable homes in terrific neighborhoods all over!
4 | GET MORE WHILE YOU STILL CAN
In an uncertain economy, it is better to sell earlier rather than later when market prices decrease even further!
Your Selling Plan
1 | FIND A REPRESENTATIVE
The knowledge and dedication of your real estate agent is crucial to the successful sale of your home. A good agent will ensure a smooth, successful and stress-free sale.
2 | DETERMINE YOUR SELLING CRITERIA
Not only do you have to worry about selling your home, but you also have to think about where you are looking to buy. Determining a selling price is also important, but accepting an offer slightly below your asking price often leads to a quick sale. Your knowledgeable agent will ensure you are satisfied with the result of the sale.
3 | PREPARE YOUR HOME FOR SHOWINGS
Homes that are not prepared for showings are one of the main reasons why people fail to sell their homes. We all know the saying: “first impressions last a lifetime”- same thing goes for your home. If your home does not look its best, it will likely result in a sales disaster.
4 | KNOW ABOUT THE LOCAL MARKET
Knowledge about local market conditions is important for a smooth sale. Being realistic to market conditions will position yourself favorably to sell your home. There is no substitute for a real estate professional for acquiring market information.
5 | LIST IT!
Nowadays it is important to have an effective online presence. Most buyers begin their search online, and this trend is only growing. Your real estate agent should have the tools necessary to expose your home to a wide range of online sources.
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Listing and Properties data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board (TREB). In Canada, the trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.