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The housing
market has
become much more
competitive.
Many communities
are beginning to
see homes remain
longer on the
market and the
bargaining
pendulum swing
in favor of the
buyer. This is
called a buyer’s
market, as the
number of
available homes
outnumbers the
buyers. As a
seller, your
challenge is to
turn a buyer’s
market to your
advantage.
The right price
is vital,
because
overpricing your
home can cause
you to eliminate
potential buyers
and lengthen the
time that your
home stays on
the market. But
equally
important is
making sure that
you give your
home a
competitive edge
by giving it
creative eye
appeal.
Many homeowners
make the mistake
believing they
are selling
“their home,”
but once on the
market your home
is actually a
product. You
need to create
an environment
the buyer can’t
resist. In other
words, do
everything you
can to make the
home so
attractive,
charming, cozy,
inviting,
comfortable and
exciting that a
buyer will want
to buy that
lifestyle for
himself.
This can be
accomplished by
making just a
few improvements
in your home’s
presentation.
Here are some
guidelines to
make your
property
distinctive and
memorable.
1. Eliminate
clutter.
Have you ever
noticed how
model homes are
perfect with no
mess, clutter,
or mass of
personal
belongings
heaped about?
There should
only be a few
exquisite and
well-placed
accessories on
tables, desks,
chests, etc.
Also, clear
kitchen and
bathroom
counters and
furniture of
everything
except
decorative
accessories.
Put the personal
things--cosmetics,
toiletries,
clothes, bills,
papers, and
homework—out of
sight. Tuck
wastebaskets
under counters
or inside
cabinets.
Clutter and
personal
belongings
detract from the
important
features of the
home.
2. Create a
color theme.
If you embark on
any investment
decorating, like
painting,
wallpaper,
draperies or new
furniture
purchases,
create a color
theme that’s
consistent.
Wall-to-wall
carpeting should
be the same
throughout the
house. Neutral
colors are best
to please all
tastes.
3. Rearrange
the furniture.
Just the
slightest
readjustments
can make a big
difference. Pull
the furniture
from against the
walls to create
a more intimate
setting. Move
furniture from
one room to
another. That
extra armchair
in the living
room may create
a cozy sitting
area in the
guest bedroom.
4. Create
custom spaces.
Luxury master
bathrooms,
decorator
kitchens,
built-in
cabinets,
computer
workstations,
exercise rooms,
and children’s
play areas are
the kinds of
features that
generate sales
appeal. Even if
you don’t have
these specific
custom spaces,
you can fashion
them or suggest
the potential
for creating
them.
Accessories,
mirrors, plants
and fluffy new
towels can
generate a
feeling of
luxury even in a
plain-Jane
bathroom. Turn
an extra bedroom
into an exercise
room if you’ve
got the
equipment, or a
loft space into
a child’s play
area or hobby
center.
5. Keep it
clean and
pristine.
Dust, vacuum,
mop and polish
on a regular
basis. You’re
not selling the
furniture, but a
high shine on
wood furniture
and floors can
make a room
sing. Touch up
nicks on walls
and make sure
the porcelain
sinks and tubs
and metallic
fixtures shine.
Windows should
sparkle. Keep
yards and
landscaping neat
and attractive.
Add color spots
of flowers to
perk up
entryways and
yards.
6. Consult
with a
professional.
There are
decorator
professionals
trained to
“stage” a home
for sale. They
are able to
offer an
objective view
of what buyers
are looking for
in your
competitive
market.
Depending upon
location,
neighborhood,
demographics and
price range, the
special touches
that turn on
buyers may range
from splashy
master bathrooms
and gourmet
kitchens to
children’s play
areas or home
offices.
You don’t have
to spend a great
deal of money to
give your
property the
competitive
edge. Just try
to imagine the
kind of
lifestyle your
target buyer
would enjoy, and
use a few
decorative
touch-ups to
create it. |