Tuesday, March 25, 2014

Have pets? Here’s what you’ll need to do when you’re selling your home


When you make the decision to sell your home, there will be a lot of things that require your attention in order to put your home’s best foot forward to attract sellers. Hiring the right agent; pricing it correctly; marketing the home; staging.

Add one to the list if you’re a pet owner. If there is evidence in your home that you own a dog or cat, it can affect potential home buyers in a negative way. It can mean the difference between getting the right price and getting bids at all.


If you own a pet, there will be visual evidence as well as an odor. Believe it or not, how your home smells can affect potential buyers in a real and dramatic way.


Tips to help sell your home when you have pets:


Relocate your pets


Although you don’t want to kennel your pet for a long period of time, relocating your pet while your home is on the market may be the best option. Ask a friend or relative to take them in while you’re trying to sell. You might want to speak with your veterinarian about what is appropriate.


Get rid of the hair


Vacuuming doesn’t always work. You may have to attack the carpeting with lint rollers. In addition to the carpets, you’ll have to remove hair from furniture, drapes, vents and near the feet of furniture.


Find trouble spots on your carpet


You can buy a small black light that can identify trouble spots on your carpet. Mark any place that shows up under ultraviolet light and use enzymatic cleaners to remove the odor and stain.


Don’t forget hardwoods and tile


Hard surfaces can absorb pet odors; and the cracks between tile and slats can be hiding places as well.


Cleaning the walls


If you’ve had your pet for a long time, they can spray or rub against walls enough to leave discolored spots. The oils in their coats can discolor the wall and leave an odor. Some will just wipe away, but in some cases, you may need to repaint.


Clear the air


Rather than burning a bunch of candles, which is a good sign that you’re hiding something, replace your furnace filters and dab them with essential oils to pump clean, attractive scents throughout your entire home.


Don’t forget the yard


In addition to the most obvious evidence, you’ll also need to give attention to patches and dead spots in the yard.


On the day of a showing


If you don’t relocate them when you have a showing scheduled, don’t leave pets at home. If your pet is hyperactive around people, that’s definitely a negative, especially if the potential buyers don’t like animals. Remove litter boxes and vacuum up every bit of litter. Put pet food, bowls, cat condos, scratching posts and pet toys where they are less likely to be seen.


Your real estate agent will advise you on how to best de-pet your home prior to selling it. It will take a little work on your part, and you may have to hire a professional cleaner in order to remove evidence of your pet, but when it means the difference between getting no offers and getting the right price for your home, it’s time and money well spent.

Tuesday, March 18, 2014

How to ace the pre-listing home inspection


One of the things that nearly every home seller dreads is the home inspection. It's perfectly natural to have some anxiety when an inspector is coming in to evaluate your home.

As a seller, you may opt to have a pre-listing home inspection done as a way to anticipate what you may need to do prior to the buyer's inspection. Whether you choose to have a pre-listing inspection, or are preparing for the more traditional inspection, here are several things you can do to help your home inspection go more smoothly.


Remove clutter


Inspectors need access to electric panels, heating and cooling systems, water heaters, plumbing and any mechanical equipment. Those places are usually in places used as storage. Make sure to move everything out of the way so the inspector has easy access, including the cabinets beneath your bathroom and kitchen sinks.


Empty your appliances


Yes, they do look inside the washing machine, dryer, dishwasher and stove. They don't want to move laundry and dishes in order to make an assessment.


Provide attic access


Inspectors have to check insulation and for water damage from a possible leaking roof. Ensure that they have clear access to the attic. Usually that means going through the garage, so make sure to move vehicles.


Check light bulbs


They need to see everything, and you don't want them guessing as to whether or not the wiring is working. Make sure all the bulbs in the home are working.


Unlock everything


In order to expedite the process, after you let the inspector inside, unlock gates, garage doors, sheds and crawl spaces. An inspector needs to have access to everything on the property and they shouldn't have to stop the inspection to ask you to unlock something they need to see.


Disclose your home's flaws


They will find everything anyway. Make sure they know that you're being forthcoming about what needs to be addressed, whether you'll do it prior to the sale or the buyer will have to do it after the purchase. What you're trying to avoid is a negative surprise.


Provide documentation


Save receipts and invoices of repairs and maintenance and put them in a binder.


Helping the inspector do his job can improve their impression of your home and improve their assessment of it, which can help your home sell faster and for more money.

Tuesday, March 11, 2014

How to attract younger home buyers


If you're selling your home, attracting younger home buyers is going to be important. For the most part, younger home buyers fall into these two groups – Generation X and Generation Y or Millennials.

The largest demographic of home buyers is Generation X, who were born between 1965 and 1979. Millennials, those born between 1980 and 2000, are the second largest. Although they may fall into two demographics, they share common ground not only when it comes to what they look for in a home, but how they look and the most effective ways to sell to them.


Online listing


Younger buyers are more likely to start the search for their new home online. According to the National Association of Realtors®, 90% of buyers use the Internet to search for homes, and 62% of buyers said they walked through a home after viewing the listing online.


Low maintenance


Working around the home is not high on the younger buyers' list. They prefer to keep their weekends free, avoiding chores and maintenance associated with home ownership.


Good location


Some prefer to be closer to the city and mass transportation, while others are considering schools if they have children. Know which your location will appeal to and make sure it’s included in the listing.


Updated kitchen and bathroom


They may not have a lot of money to put into a remodeling project after they purchase; most of their cash just went into the down payment and furniture.


Technology


Cellular service and high speed Internet matter more to younger home buyers, especially since they are less likely than ever to have a landline.


Open floor plan


Younger buyers seem to be attracted to a big kitchen that transitions into a TV room, opting for flow of the home rather than sectioning off a formal dining room, living room, etc.


Home office


Technology offers more people the opportunity to work from home and younger people are most often the ones to take advantage of the opportunity.


Energy efficiency


Whether they're going green or not, a home's energy efficiency is something that most home buyers will ask about.


Staging


Buyers are affected by the home's potential, or how comfortable they are the minute that they walk into a home. Staging, rather than an empty home, is more effective to help younger home buyers imagine themselves in the home.


Attracting younger home buyers will be more important - to sellers and agents alike - as the housing market continues to recover.

Tuesday, March 4, 2014

Using feng shui techniques when staging your home to sell


As you may know, feng shui is a practice that originated in China. It is an ancient art and science developed over 3,000 years ago and is a complex body of knowledge that reveals how to balance the energies of any given space to assure health and good fortune for people inhabiting it.

Literally translated, "feng shui" means "wind water." In Chinese culture, wind and water are associated with good health, thus good feng shui came to mean good fortune, while bad feng shui means bad luck, or misfortune.


For homeowners, everything we associate with staging the home to sell, have their basis in feng shui strategies.


Make the room inviting


If you stand in the entranceway to a room and all you can see are the backs of chairs, it's not very welcoming to guests. Creating spaces in the room where people can sit and talk improves the intimacy of a large room.


Create good traffic flow


Look at the room in terms of creating easy-to-navigate, open pathways. You don't want anything that's going to keep people from feeling that they can move through an area. Use space wisely, and if that means removing a piece of furniture (or even two!) that's OK. You want potential buyers to feel comfortable. Too much in a room can make it feel cramped or claustrophobic.


Use plants and water


Living plants and flowers makes the room vibrant and adds splashes of color. Feng shui also dictates the use of a water feature, because water represents prosperity. The back left corner of a room is the wealth corner. Try placing a small water fountain in that location.


Make a good first impression


Feng shui, like home marketing, is about making a good first impression. You want it to be friendly and positive for all buyers. Choose neutral art that appeals to everyone, such as landscapes and nature scenes. When you're selling, you also want to put away personal family photos and religious and spiritual icons. You want to make it easy for the buyer to imagine their family in the home.


Conclusion


Feng shui alone won't sell your house. You want to make sure to have the right agent, who will help you set the right price and the right marketing plan.