Sell Your Home And Keep More In Your Pocket
Would you like to MAXIMIZE your sales price? We are in a Seller’s Market and homes are selling fast, often for above asking price. We offer a comprehensive home seller package which includes professional HDR photos, Video if needed, drone aerial photos, home staging, advertising on Facebook and Google AdWords, and 50 other real estate websites including Trulia, Zillow, Realtor.com and the MLS.
There are No Free Lunches
Offer Pad & Open Door are two of the latest companies to compete with “We Buy Ugly Homes”. These are companies that buy your home for a deep discount (often as much as $20,000 less) and then, in many cases charge you 10% closing costs (the market is about 7%). Often they will then discount your sales price by repairs to the property. Frankly we have heard stories where the seller discounts their home by 20% of a market prices which was “middle of the road”. In a Seller’s market there isn’t any need to sell to at a deep discount to an online real estate company, and in Buyer’s markets, these companies will not purchase your home. Discounted real estate companies have to make their profit and then turn around and sell this home at market prices, so who pays their profit? The Seller.
Unfortunately most Seller’s don’t find out the true cost of selling their home until it is dribbled out a little bit at a time. It usually begins with the Initial offer which is in the lower 50% range of the market, and to the Seller it seems as a fair “As is” price. Then the home inspection comes and the Discounter subtracts these repairs from the price (if they have not already done so in the low-ball offer), then comes the 8%-10% closing costs… By the time all is said and done the Seller could have sold the home through a Realtor® and NET proceeds would have been much more in about the some time frame. Please contact me to do a Net Sheet for you before you decide to sell your home and I will show you the the best marketing plan which will net you the most money for your home!
For more than 20 years, the benefits of staging a home have been well documented. Numerous studies show that staging helps sell a home faster and for a higher price. According to the National Association of REALTORS®, 88 percent of home-buyers start their search online, forming impressions within three seconds of viewing a listing. When a home is well staged, it photographs well and makes the kind of first impression that encourages buyers to take the next step.
Studies also indicate that buyers decide if they’re interested within the first 30 seconds of entering a home. Not only does home staging help to remove potential red flags that can turn buyers off, it helps them begin to imagine living there. Homes that are professionally staged look more “move-in ready” and that makes them far more appealing to potential buyers.
According to the Village Voice, staged homes sell in one-third less time than non-staged homes. Staged homes can also command higher prices than non-staged homes. Data compiled by the Development indicate that staged homes sell for approximately 17 percent more than non-staged homes.
A measurable difference in time and money – Best Chandler Realtor
In a study conducted by the Real Estate Staging Association in 2007, a group of vacant homes that had remained unsold for an average of 131 days were taken off the market, staged, and relisted. The newly staged properties sold, on average, in just 42 days, – which is approximately 68 percent less time on the market. The best Realtors in Chandler will agree with the benefits of staging as well as the return on investment to the seller.
The study was repeated in 2011, in a more challenging market, and the numbers were even more dramatic. Vacant homes that were previously on the market for an average of 156 days as unstaged properties, when listed again as staged properties, sold after an average of 42 days—an average of 73 percent less time on the market.
Small investments, big potential returns
Staging is a powerful advantage when selling your home, but that’s not the only reason to do it. Staging uncovers problems that need to be addressed, repairs that need to be made, and upgrades that should be undertaken. For a relatively small investment of time and money, you can reap big returns. Staged properties are more inviting, and that inspires the kind of peace-of-mind that gets buyers to sign on the dotted line.
What’s more, the investment in staging can bring a higher price. According to the National Association of REALTORS, the average staging investment is between one percent and three percent of the home’s asking price, and typically generates a return of eight to ten percent.
In short, less time on the market and higher selling prices make the small cost of staging your home a wise investment.
Interested in learning more? Contact your real estate agent for information about the value of staging and referrals for professional home stagers. Other items that should be done to maximize your net sales price.
*Deep clean the home, including baseboards, dusting fans, windows, carpet cleaning, wood floor refinishing, grout cleaning or repairs and possibly air duct cleaning.
*Paint inside & Out if needed
*Remove wallpaper or popcorn ceilings
*Service your AC units
*Consider making repairs or replacing major items like roof, AC units, pool equipment, resurfacing pool, plumbing & electrical repairs.
*Caulk around tubs and showers, replace old or cracked toilets, replace or repair bathroom fixtures, clean shower heads with CLR.
*Repair, Clean, Replace or Refinish front door and garage door. Curb appeal has a 130% return on your investment.
If you have not consistently maintained and spent 1 to 2% of your homes value on updates, maintenance and repairs expect to update the home prior to selling to justify a higher net sales price. You can get a 0% interest card at Lowes or Home Depot and pay off repair cost at closing or take a small short term loan if needed to get your home ready to sell. Give me a call to discuss what the Best Chandler real estate agents have to say about staging, property improvements, and other methods of maximizing your return on investment.