There is no lack of information about real estate buying and selling. The information is often unsolicited and confusing, and if you’re not careful, it can be inaccurate and misleading. You could end up wasting precious time and hard earned money. When you are putting your home on the market, it’s essential to separate fact from fiction and determine which investments are worthwhile and likely to yield the best returns.
The Top Five Myths About Selling Your Home:
Myth No. 1: To get a good price for my home, I need to undertake major renovations to the kitchen and bathroom.
It’s true that kitchens and bathrooms sell houses. They are something every buyer invariably evaluates and bases decisions on, and a modern kitchen and stylish bathroom can greatly increase the value of your home. However, undertaking a major renovation just before you sell your home may not necessarily increase the value of your home in proportion to the money, time, and effort you spend on the renovation. Remember, renovations and upgrades have a tendency to go over budget. Instead, you should focus on minor renovations such as new appliances or perhaps a new countertop to create the illusion of an upgraded kitchen or contemporary bathroom without actually spending big bucks on a major overhaul. You will find that smaller repairs and cosmetic touch-ups will often yield a much higher return on your investment when selling your home. It’s also a good idea to check listings in your area to compare what you are up against. If the majority of the homes in your neighborhood come with state-of-the-art kitchens and upscale bathrooms, then you should plan your renovation to adequately compete with them.
A common myth that home sellers subscribe to is that buyers are only concerned with how the inside of a home looks. In fact, the outside of your home is a buyer’s first impression, and they may subconsciously make a snap decision before they even step over the threshold of your home. Buyers will often drive past a property to get a feel of the neighborhood before they show up for a visit, and a cluttered yard, broken driveway, and generally untidy exterior may put them off before you have a chance to show off your interiors. Therefore, curb appeal is crucial to reel a buyer in when selling your home. You should give serious consideration to sprucing up the outside of your home before you put it on the market. It doesn’t have to cost the moon – simply tidying up, decluttering, cutting the grass and trimming the hedges can make a difference in appearance. You should also consider making minor investments in things such as painting the front door, putting up a shiny new house number, installing a contemporary looking porch light, and planting some flowers. These suggestions are all inexpensive ways to make a measurable difference. Seattle has some very charming neighborhoods, including Queen Anne homes for sale and Ballard homes for sale, where most of the homes have great curb appeal so make sure your home stands out when selling your home.
Myth No. 3: My house is essentially clean and I don’t need professional staging.
You may pride yourself on your clean and tidy home, and that’s a great first step, but professional home stagers have set new standards in selling your home. It’s simply a matter of competing in a cutthroat real estate market, and making a savvy investment by enlisting the services of an expert can take your home to the next level. You would simply put dirty laundry out of sight and clean up before a home showing, but professional stagers know all the tricks of the trade to focus attention on the best features your home and cover up any shortcomings. Stagers understand how to appeal to a wide range of tastes and have some clever tips up their sleeves. They may rearrange furniture to make a room immediately look more spacious or ensure that your master bedroom appeals to both sexes. Stagers may even be able to successfully turn an unattractive feature into a unique selling point. If you’ve already moved out, stagers understand how to depersonalize your home to make it appealing to all kinds of buyers. If you don’t want to hire a professional stager, be prepared to do some research and try it on your own. (Check out the Top 8 Open House Mistakes a Seller Can Make and 4 Tips When Staging Your Home) However, if other homes in the area are prepped and staged by professionals, you may find it hard to compete without expert help. On the other hand, if staging is not yet common in your neighborhood, it may yield impressive results for you.
Myth No. 4: Granite and stainless steel are outdated.
Stainless steel appliances and granite countertops are always in. While marble and quartz countertops also appeal to some buyers, you can’t go wrong with granite. Stainless steel appliances have a timeless appeal. When you design your home, it’s important to stop and think how long you plan to live in it. If you’re planning to live in the home for the foreseeable future, you can use whatever design elements appeal to you, but if you plan on selling your home anytime soon, it’s always a good idea to go with a classic look that will stand the test of time. To appeal to a wide range of buyers, go with neutral colors, maple cabinets, granite countertops, and stainless steel appliances.
Myth No. 5: Buyers will ignore paint colors.
It’s a common home selling myth that buyers can look past unusually bold and distinctive paint colors. The majority of buyers do not want to undertake the herculean task of painting a home as soon as they buy it. When you’re updating your home by applying a fresh coat of paint, remember to choose colors with mass appeal. Neutral tones may not be as eye catching, but they are likely to be attractive to a larger number of buyers. When selling your home, neutral paint also photographs better, and photos are where potential buyers form their first impressions. As a matter of fact, a fresh coat of paint may be the single best investment you could make before putting your home on the market. Repainting the entire home can set you back by thousands of dollars, but you can save big by buying the paint and getting to work yourself.
Selling your home can be quite complex, and if you’re thinking of putting your home on the market, we hope that busting these myths will help you showcase your home’s best features and give your property maximum exposure. After you do sell and then find your dream home, make sure you check out How to Take the Stress out of Moving to a New Property.
Other must know info about selling your home:
- What’s my home’s value?
- Free Insider’s Guide to selling your home in Seattle.
- 5 Top Tips for first-time home sellers.
Wondering how to go about selling your home in Seattle WA? It’s important you understand the home selling process in Seattle WA but also how to truly get top dollar for your home. The information above should provide helpful but if you haven’t hired a top real estate agent in Seattle WA yet to assist you with your home, contact me, and I’d love to discuss your real estate needs further!
Dave Hanson Home Team – Exceeding Expectations – 206.686.7525