Real Estate:
Selling it Off
by Mike Walker
Whether you're in the market to buy a used car,
coat or credenza, your initial impression of the object can help
determine whether you'll stay around long enough to evaluate its
features. If you initially like what you see, you'll be more
inclined to buy it (even with its one or two flaws) or - at the
very least - haggle over its price with the owner.
On the other hand, if your first impression is
negative, that the jewel before you will require too much money
or time to make it shine, you'll probably walk away and not give
it a second thought.
The same principle applies to the purchase of a
condo, co-op or house. As the seller of a property you'll want
to remember this as you prepare to show it to potential buyers.
It's not that unusual for a person to fall in love with the
first place they see and then head out to do some
comparison-shopping. If, however, your house catches their
senses and their heart, there's a good chance they'll come back
and make you an offer.
In an ideal world, you'll have been keeping up
your property a along so that when it comes time to sell all
you'll have to do is spruce it up a bit. In an imperfect world,
you may have to spend a few hours (and dollars) before showing
it to the world.
Many factors go into making your home preferable
to all the others someone may look at around town. There are
things can do, however, that will make your stand out - some of
them pretty simple. For instance, a welcome mat at the door can
be inviting; placing vases of fresh flowers around the house
will provide an instant sense of home; putting bright bulbs in
all your lamps and keeping the shades and blinds open will give
a sense of space; and clean (vacuumed, waxed, and polished)
floors look spiffy.
Obviously, cleanliness being the next best thing
to godliness, you'll want to make sure your home is free of dust
and grime. Scuffmarks and their ilk should be removed from walls
and touch-ups on the painting should be done. If the walls are
in bad shape, says Jim Vaughn, repaint them. "Walls that have a
lot of touch up on them look terrible."
Other steps you can take to make your home more
presentable (and, therefore saleable) are:
-
Bathroom: Dripping faucets and running
toilets are verboten Fix them before you try to sell. Check
for damaged caulking around tub, shower and sink. The
toilets, tubs and sinks all need to sparkle, says Jim
Vaughn, who suggests using vinegar for the job. Clean the
floor, put out fresh towels, and hang a new shower curtain.
-
Bedroom(s): Floors clean, clear under the
bed, bed made.
-
Deck/balcony: Whether you're selling a house
or apartment, make sure your deck or balcony is sparsely
populated and clean.
-
Exterior: Of less concern in apartments
(co-ops or condos), the "exterior" of a house is the very
first thing visitors will see. The windows and doors should
be in good condition, including caulking. Wash the window
panes and clean the blinds. Sweep and wash down everything -
sidewalks, siding, steps and stoops. Make sure gutters are
free and clear, light fixtures are in good shape, the roof
is in good - if not perfect - condition. If you expect night
visitors, place bright bulbs in your outside lights. Make
sure the door bell works, the mailbox looks mail-worthy,
broken fences are mended, squeaky gates are silenced. and
flowerbeds are free of weeds. Finally, find a place to hide
the extra cars. boat and helicopter.
-
Exterior, Yard: If you have a yard, trim the
lawn, tidy the shrubs, cut back the trees. and scoop the
poop.
-
Garage: The garage should be shipshape, tidy
and clean. You want to give the buyer the impression that a
car actually fits in your garage. And if you do have a car,
clean and polish that, too.
-
Heating and Cooling Systems: Make sure that
the appropriate heating and cleaning systems are in good
condition and doing the appropriate job for the day of the
viewing. The last thing you need is to have heat in August
or air conditioning in February. For those with wood burning
fireplaces, Jim Vaughn suggests cleaning them out and
stacking new firewood on the grate. "It's easier," he says,
"to imagine a cozy fire than if there are chunks of
partially burned wood on top of six inches of ashes. "
-
Kitchen: You won't be serving food off the
countertops or the floor, but you want it to look as if you
could if necessary. Like the bathroom, you want things to
shine. Fix leaky faucets; organize the cabinets, drawers,
and refrigerator (yes, someone is going to look in them);
and store things you don't use. Vaughn says using baking
soda and water does a great job of cleaning the stove and
refrigerator.
-
Lighting and light fixtures: Make sure that
all the lights are working and that the fixtures sparkle;
don't forget to clean dead bugs from inside the light
fixtures!
-
Sense Appeal: Appealing to the potential
buyer's senses can be instrumental in securing a sale.
Take advantage of lights to increase a cheerful atmosphere,
remove posters or signs that might be considered offensive,
and use neutral paint colors on your walls to appeal to even
the most conservative of Washingtonians. Schedule your
viewings during times when outside noise (traffic,
construction, etc.) will be at a minimum and think about
using soft background music during the open house.
Diminish unwanted odors, such as animal smells, that can
spell disaster at an open house. There are a multitude of
ways to temporarily disguise odors, and probably the best
known way is to oven-bake something fragrant prior to the
open house (heaven knows you don't want to throw a pizza in
the oven!). In lieu of that, Jim Vaughn suggests an
alternative.
"If you want a pleasant aroma wafting through the house and
don't want to deal with baking bread, put some cinnamon
sticks and whole cloves in a small pan (with water) and
simmer (don't boil). This combination is very clean and
pleasant - much better than the chemical potpourri stuff."
In this regard, Gretta Flint, an agent with Long & Foster
Real Estate Inc., likes to quote Barb Schwartz, a speaker
and author of several real estate books: If you can smell
it, you won't be able to sell it.
-
Storage: It seems that the more space you
actually have, the easier it is to fill it with clutter. But
clutter is a deterrent to any home sale. Emptying your
closets and basement into storage bins is a good way to
handle this problem, offers Michael Kiminiski a local
independent residential appraiser. "While no buyer is
interested in how much of your stuff you've crammed into the
available storage, they will be inspired by how much of
their stuff these newly emptied spaces might hold."
Gretta Flint agrees and suggests storing items away from
your home so that potential
buyers don't stumble over your hidden cache of possessions.
"Often we accumulate too much stuff that keeps perspective
buyers from seeing the actual house and having their eye
cling to the stuff." It's a fact that half-filled closets
look bigger than those crammed full; and empty attics and
lofts signify that your house has lots of storage space.
-
Ugly Furniture: Kiminiski suggests disposing
of those "cute little side chairs and coffee tables". He
says the "eat up valuable floor space, make it difficult to
walk around, and strain the potential buyers' imagination as
they try to place their cute little items around your living
room."
Remember. your goal isn't to deceive the buyer
or create an illusion that your property is better than it
actually is; your goal is to hold their attention long enough to
discover all the special qualities that make your home better
than the next one on their list.
Try to look at your home from the buyer's
perspective and consider carefully those things that would be
important to you if you were going house hunting. Odds are that
some of the things you use to judge someone else's property are
the very things by which they'll judge yours.
If need be, consider having a friend walk around
with you to help you determine needful areas. And, please,
always consult with your agent prior to making even the smallest
home improvement, as he or she is in a better position to know
which enhancement will bring you
vantage.
- 30 -
Return to Index
of Writings by Michael Walker
|
|