Getting Your House Ready for the Market
6 Tips in Getting House in Top Shape
If you’re planning on selling your home, start with some prep-work to get your house in top shape before you list, if at all possible. Waiting to make improvements and/or repairs can be costly in the long run; and, it could cost you a sale. Depending on the nature of the repairs, you may have a tough time securing a buyer. And, if you are able to find an interested buyer, the repairs will most likely have to be made prior to settlement anyway. So why wait? Get your property in good shape prior to putting your home on the market.
Here are six (6) tips to getting your house ready:
1 | Conduct your own mini walk-through inspection. Consider asking a friend and/or neighbor for their opinion on your home’s appearance. Create a checklist of all items that need maintenance, updating and/or repair.
2 | Make cost-effective enhancements, cosmetics and necessary repairs prior to a professional home inspection. In getting your home ready for the market, you want to stick to your budget and spend as little money as possible. Consult with a REALTOR® who is familiar with buyers' expectations in your area and can advise you on what enhancements should to be made.
3 | Consider Getting an Inspection Before You List. A home inspection report will provide you with a more complete disclosure of the property’s condition. Also, it allows the buyer to make an informed decision and reduces the chances of the sales transaction falling through. Homeowners thinking of selling their home routinely ask, “Should I get a home inspection prior to putting my home on the market.” For many people, ordering an inspection may be the best way to find out what they need to do to get their home in good shape. For others, the answer isn’t always that simple. Whether you should get a pre-listing inspection really depends on your situation. Find out the pros and cons of having a pre-listing home inspection, prior to making your decision.
4 | Use the Inspection Report to create a list of needed repairs. If you decide to have a pre-listing inspection, evaluate each item on the report and decide a course of action based on your budget and where your time and money should be invested.
5 | Make repairs and improvements before you put your house on the market. Either properly replace or repair items on the list or provide professional estimates for repairs you can’t —or choose not to—fund at the time of listing. This will help buyers determine if they can afford the home and the repairs. Don’t make repairs yourself if you’re not qualified to do the work. Have the repairs performed by qualified licensed contractors.
6 | Document all repairs and enhancements. Use an accordion folder to organized and file all reports, estimates, paid receipts/invoices, etc.
Remember, the fewer overall concerns potential buyers have about your property, the more at ease (and less overwhelmed) they may feel about purchasing your house over the competition. Ideally, the closer you can get your house to “move-in-ready” status, the more likely you are to attract today’s cautious and discerning buyers.
Find Out Your HOME'S VALUE!
Letitia Stevenson, REALTOR® | Licensed in DE, PA & MD |
Berkshire Hathaway HomeServices Fox & Roach, REALTORS®
(Formerly Prudential Fox & Roach, REALTORS®)
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