Top 8 Open House Mistakes a Seller Can Make

download (79)When you’re ready to sell your house, you will need to get it in its best possible condition, especially in today’s competitive environment. An open house presents an opportunity to showcase the best features of your home and allows the potential buyers to get a feel for the property. If you ‘re a fist time home seller, you may think of the open house as the point at which your Realtor waits until you leave, turns into a magician and with a flick of his/her wrist, completely transforms your home into something out of Bravo’s Million Dollar Listing.

But here is the truth of it

Your real estate agent is not practicing wizardry on the side. And you aren’t completely free of responsibility when it comes to the open house. In fact, although you aren’t present for the open house (and you never, ever should be, if you want to sell the home), there are still quite a few ways that you can mess it up and drive away potential buyers.

These eight things could very negatively impact your chances of having a successful open house-and, potentially, the house sale.

Leaving your pets at home/Open house mistakes

Pets bring a lot of joy into our lives. Nevertheless, they can be a real problem when you’re showing your home. This is true for several reasons. Logistically pets make things difficult because you will have to keep them separate from the potential buyers, who might not like pets and certainly cannot picture themselves living in a house that once housed cats or dogs. This means that you will have to block off areas of your home, a real no-no in an open house. Pets also behave unpredictably. The last thing you want is your pet leaving his/her “mark” on the floor right in front of the viewers or even scaring the potential buyers. Which could also prevent them from viewing rooms and prove to be a distraction overall.

Take your pets to a friend’s for the day when you’re showing your house. You should also do your best to eliminate any signs of pet habitation, including bedding, toys, smells and stains. Selling a house with pets takes extra consideration and care. There are some home buyers who will see any signs of pets as a complete turnoff. This is definitely one of the top open house mistakes you should avoid.

Ignoring your kitchen needs/Open house mistakes

You may be surprised by how many home owners ignore their kitchens when selling their house. Putting the dirty dishes in the sink doesn’t make them invisible. Even if the rest of your house is staged to perfection, a repugnant kitchen will turn off the potential buyers-and that goes for the dishwasher too. The potential buyers will most likely want to investigate the fridge and open the dishwasher during the open house, hence it’s vital that you prepare your home accordingly: Clean and store the dishes, and remove any smelly food from your fridge. You should consider removing any kitchen appliance that can be neatly stored instead of being left on counter tops. The less clutter, the more spacious and inviting your kitchen will feel. If it’s an appliance that is used daily, such as a toaster or coffeepot, be sure to wipe it clean after each use. Open house mistakes made because of the Kitchen not showing well, can kill just about any deal.

You should also ensure that you check out and clean the other rooms in your home, even those that you think the potential buyers will not bother checking out, such as the closets garage or laundry room. Because guess what? They totally will.

You aren’t selling part of your home; you are selling your entire home; hence you should ensure that everything the potential buyers will see during the open house is in showcase condition.

Not hiding your dirty bath towels/Open house mistakes

Keeping the bath towels you have used (and intend to use again) tucked away in a closet benefit’s you two-fold: Not only does it make the bathroom look well staged, but it also keeps them free of germs and dirt from the day’s parade of viewers. Instead, swap in a clean set of decorative hand and bath towels for each open house. You do not want (people) wiping their dirty hands on the bath towels you wipe your body with.

Cleaning solo/Open house mistakes

When you think about how much money a house actually costs, it’s easy to understand why people expect cleanliness in an open house. Surprisingly, not everybody meets the mark when it comes to a clean house. If you have to hire a cleaning service to get the job done, do so.

Professional cleaners will scrub all the hidden spots you may miss (think switch plates and base-boards), they can also help eliminate messes and odors that go back years. Preparing for showings is particularly important when there are potentially a large number of visitors dropping by for a look. Showing dirty, messy homes to potential buyers is by far the greatest mistake most sellers make when holding an open house.

Not getting a second opinion/Open house mistakes

After you have cleaned and staged your house, a blunt tongued neighbor can be a blessing. Over time, you can easily get used to odors and smells that may linger in your home, even after a thorough cleaning. You need a neutral third-party who’ll tell you like it’s, not what you would like to hear. So do not be offended if the third-party tells you that your place stinks- literally or figuratively. You aren’t in a position to be all ego, you are trying to sell your home – and that is what you should focus on to avoid simple open house mistakes.

Not maintaining the yard/Open house mistakes

The front yard is the first thing the guests see, so ensure it is spotless. You want the potential buyers to focus on the curb appeal of your home – not your collection of yard tools. Additionally, objects strewed every which way can also be dangerous. You should also make sure that the grass is trimmed nicely and any bushes or flowers are in good shape. And unless it’s trash day, keep your bins out of sight. Nothing turns potential buyer off faster than a pile of trash and the thought of potential yard work.

Dirty exterior/Open house mistakes

Depending on where you live, the exterior of your house may gather a significant amount of grime as the seasons turn. You might not have noticed it if it occurred gradually, but visitors to the open house are sure to see the mildew and mold on the siding, the dingy windows and the clogged gutters. Like the home’s interior, the exterior should be fresh and clean-looking if you want to impress the potential buyers. Don’t make these simple to fix, open house mistakes.

Photos, religious art, drugs and politics need to go/Open house mistakes

When the potential buyers walk into your home, they should picture their family living in the house, not yours. They do not need to see your family photos or be able to tell your religious or political views as they walk through the house. These are huge open house mistakes.

There is a reason home staggers de-personalize your house. Certainly, they want the buyers to visualize themselves living within its walls-but they also want to remove any ammunition that may be used against you during the negotiating process. One of the places to look is the medicine cabinet, which should be emptied during the open house.

The same goes for family photos and things such as canes and walkers: For instance, if you are elderly, they may consider underbid your price under the assumption that you can no longer be able to take care of your house. Keeping the potential buyers from learning your personal details is not just good staging.

 

5 Secrets to Selling Your Home Above The Asking Price

download (78)Let’s face it! Every homeowner wants the best deal when they finally decide to sell their home. It’s every homeowner’s dream to see a bidding war ensue. Unfortunately, most homeowners end up settling for average or even below-average offers according to most real estate experts. What most home sellers fail to recognize is; getting a great deal isn’t a matter of luck, timing or even location. It has more to do with being equipped with the right knowledge concerning the psychology of a home buyer and showcasing the value to your home. Let’s get right into it and discuss the secrets to selling your home for more than the asking price.

1. Ask for less to get more

This is by far one of the best-kept secrets of selling a home for more than the asking price. Although this strategy appears to be counterproductive at first glance, it works wonders by creating the necessary attention required to create a fierce bidding war. It’s worth noting that bidding wars are created when there are multiple willing buyers and to get multiple willing buyers, the price has to be very attractive i.e. lower than the going market rate. When you price your home lower than the market rate (ideally, 5-10% lower), you are bound to attract more buyers who will be willing to offer better offers to outbid other interested buyers. You are also bound to get great offers since potential buyers will realize the true value of your home when they view it.

2. Don’t accept the first offer

This is another best kept secret for selling a home for more than the asking price. It doesn’t matter how good the first offer is, you should wait and see what other offers come your way. Ultimately you want to be able to cultivate fierce competition between interested buyers, which will ultimately increase your home’s final price. An interested buyer is always willing to offer more in the presence of competition.

3. Approach investors

Investors may not be the first people you think off when you want to sell your home, however, they are great because they are always ready to take on good deals and they also provide the much-needed incentive to force regular home buyers to part with some more cash. This strategy is great especially if you have a home with a great investment potential i.e. a home that can be easily remodeled to offer more rental space/fetch a higher price. Look for offers from investors just to motivate regular home buyers to offer more than the asking price.

4. Make your home stand out

You also need to make your home stand out for you to get more than the asking price. You have to carry out all the necessary renovations to make your home perfect. It is, however, important to invest in renovations that add value to your home as opposed to eating away your profit. Examples of renovations that will increase your home’s value include; repainting, landscaping, roof, attic and basement renovations. Such renovations boost the value of homes by approximately 10% or more as well as make homes stand out. To cut cost without compromising the outcome, you can consider doing some renovations yourself i.e. repainting and landscaping.

5. Highlight what makes your home divine/stand out from similar homes

Every home has a key selling point that may not necessarily be related to the features. It could be anything really from some extra garden space to a rare tree species in the backyard or a famous tenant who once lived in the house. You need to find out the most unique aspects of your home and highlight them to potential buyers to make them comfortable about offering more than the asking price. You shouldn’t settle for the average asking price for homes like yours. Find the most unique features of you home and highlight them.

The above information highlights the top secrets to selling a home for more than the asking price. You don’t get the best deal for your home because of sheer luck, the location or selling your home at the perfect time. It’s more about understanding what makes a potential home buyer consider paying more. Creating bidding wars is a great way of getting more than the asking price. You should also focus on making your home outstanding as well as highlighting your home’s uniqueness.

 

How to Get a Cash for Home Offer on the Sale of Your House

download (76)You may have plans to sell your house for many reasons such as moving to another city for better prospects, promotion, to start a family with your high school sweetheart who lives in another city, inherited property making one of the houses redundant, etc. In all these cases, you may want to sell your house fast, in the least possible time. Home buyers make a quick cash offer and help you realize your dreams.

Cash for home companies are the best alternatives to the traditional real estate agencies; as dealing with traditional realtors proved to be time consuming. Real estate agencies do not buy your house directly; they only list your property online or office, so that the prospective customers may show interest in your house. However, this takes a long time, firstly, for prospects to show interest in your house, you need to get everything fixed. The property you have inherited or the property you have been living so far that you looking to sell may have structural problems such as leaking roofs, stained walls, foreclosure, regulatory issues, etc.

Sell your House Easily to Cash for Home Companies:

Cash for home companies offer the best solution with your sell house As Is request. You consider the sale closed only if you realize the sale amount, and with an all cash payment for your house, they offer the perfect solution.

Right from the beginning, ‘We buy Homes’ companies offer you the most attractive way to sell your houses. Dealing with these companies, you do not have to go through a lengthy process of traditional realtors, as they help you sell your house fast in an easy and hassle-free manner:

• Sell House As Is: The major problems when dealing with the traditional realtor is that they want all the repairs or renovations done before listing the house, so that when you stage the house, the prospect does not have any complaints about the leaking roof or stains or clutter. Unfortunately, repairs and renovations cost a lot of time and money, which no house owner is willing to invest on a house that they intend to sell. On the other hand, with cash for homes companies, you can sell your house in an As Is condition, without having to repair or renovate, just sell the house as it is.

• Sell your House in 7 days: Once you contact the cash for home companies, they set up an appointment for a quick inspection of the house to verify the documents, evaluate the repairs or renovations that the house may need, and estimate the sale value. If the company is satisfied, they will make an offer within 10 minutes of such inspection, they may even make an offer over the phone. Such house buying companies make a reasonable cash offer and upon accepting the offer, you may sell the house in as little as 7 days’ time.

No doubt, working with cash for home companies is the best option, when looking to complete the sale fast, but make sure they are professional companies and have an experience of over 15 years.

 

House Selling Tips for Winter

download (77)For those who are willing to sell their house during the winter months, they will be faced with a bit of a challenge. Experienced buyers agents are already familiar with this challenge, but they still know how to work to close the deal. For those who are accepting this challenge, the winter market can bring some kind of disappointment because people are not in a mood to inspect houses during the cold weather. This means that there will be fewer properties on the market so you may also enjoy some advantages.

The first thing to do is to find an agent and start receiving proposal from people who want to make purchase during this season. The importance of a good first impression means everything. so make sure to take care of the exterior of the property. The outside of the house is probably dark and the plants are frosted which may appear a little bit depressing. To attract committed buyers you need to create a warm atmosphere of comfort. A roaring fire will be a great asset if you want to create cosy feeling and people will be also grateful if you offer a warm tea and a piece of home-made cake. If your home is already warm when people arrive they are not going to be rushing into the cold rooms to oversee a viewing so this is the perfect time to heat the house before the potential buyers came in.

On dark winter days you will also want to add some light in your home as well. Without much sunshine you need to impress your buyers with outside light and bulbs so invest in those if possible. If you are planning to sell your house, you want to make it as light as possible so that it is engaging and inviting and it brings people in. As a homeowner, you need to make all repairs before putting your property on the market. You need to create an inviting feeling to anyone who is about to enter your home – because people will judge everything during the inspection. At the same time, the interior also needs to be immaculately clean so you may want to take the unnecessary details out and make the rooms look bigger.

Nothing will affect the outcome of the sale more than a price tag. In order to set the right price you need to consult with an agent to develop the price according to the market conditions and the neighbourhood as well. The truth is, you need to attenuate and inform yourself with what is happening on the market. You can’t look across to the changes in the local economy and the housing demands. This means you have to list your property for a price that people are willing to accept because they are inpatient on higher priced properties.