Monday, September 8, 2008

Business Portal

Business Portal

Should You Really Be Improving Your Home with Modern Amenities?

Posted: 07 Sep 2008 12:48 PM CDT


Did you know that there is a heated debate occurring within the real estate world right now? Some people thrive upon renovation, but others will warn you to stick with the bare minimum. While a lot of people have suddenly decided that renovating an entire home is the only way to go, others have found that modern renovations can really detract from a home’s overall worth. It’s true, many renovations will automatically push some potential buyers away, but if you do not fix up those things that are eye sores, you may be sending buyers away as well. So, what should you do when it comes to preparing your home for sale?

First, let’s point out the obvious - if your shutters are hanging by their last nail, and your roof is completely bald, you will need to renovate. There are some repairs that are just necessary, so take a careful tour around your property (inside and out), and note those things that would immediately send buyers away. However, when it comes to the inside of your home, modern is definitely not always better.

So many beautiful, historic, homes have been ruined by contemporary walls and built in wall units. Before you decide to renovate, understand the true value of your home. If you plan to market your home as some sort of historic landmark, do not attempt to modernize the interior in any way. Also, if you can afford to do so, try and replace your home’s hardware (door handles, window frames) with hardware from the time period in which the home was built. By following the true nature of your home, you will certainly attract a niche market, and this can be extremely profitable. Then again, not everyone can afford to completely remodel, but there are still some things that you can do to improve your home.

One of the simplest things that you can do in order to enhance your home is to wash the outside of your house. You will be surprised at the difference a good wash makes, and your home will suddenly stand out to those passing by. Also, if you have a very old front door, apply a quick coat of varnish or paint, and watch your home’s exterior transform. Lastly, make sure to wash your windows and clean your window screens, a home that has dirty windows will take on a dull appearance.

For now, the debate continues, but you will have to decide whether or not to fix up your home when it comes time for you to sell. Chances are, there are some areas of your home that need a bit of touching up, but renovating that great old farmhouse may not be such a great idea after all.
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Saturday, September 6, 2008

Business Portal

Business Portal

Tips and Advice for Showing Your Home Tips

Posted: 05 Sep 2008 12:53 PM CDT


You probably know that you will need to show your home to numerous buyers before you sell your house. But, did you know that there are some ways to show your home more effectively?

If you are not sure where to begin, a wonderful idea is to visit a model home in your neighborhood, and take note of the way in which the salesperson shows you around. The people that show off model homes are highly trained, and they are also great salespeople, so you can easily learn a lot from simple observation. Next, make sure you have the right equipment in place in order to show your house.

You will need to have a small spiral notebook; a pile of blank contracts (you can buy these at nearly any office supply store); and a pile of 8 ½ x 11 inch fact sheets that list all of the important details about your home (price and description). Keep all of these things laid out upon a coffee table or counter, and encourage guests to sign the guest book (spiral book); take a fact sheet, and look over a contract should they show immediate interest. Next, you will want to take timing into careful consideration.

Believe it or not, the best time to show your home is at the same exact time that other homeowners in your neighborhood are showing. If a buyer heads out to a particular neighborhood in search of one listing, they will most likely stop by your home as well. Buyers do not want to go to the same neighborhood more than twice to visit homes, but if you can catch their eye while they are already in the neighborhood, you will have a great advantage. That brings us to the final piece of advice, how to attract buyers from the outside.

So many homeowners hold open houses that nobody notices. Why? Well, if you place a small advertisement in the local newspaper, you will only attract a handful of buyers. Likewise, if you place a small sign in front of your home, many people will not see the sign at all. Instead, place large, colorful, balloons in front of your house, and put some signs throughout your neighborhood. Make sure that your home address (and showing hours) are on the signs that you place, and try and arrange the signs to attract those potential buyers sitting in traffic.

Showing your home can be a great deal of fun, and it is a sure way to tell the world that your house is for sale, but there are some tricks that make showing a home easier. Make sure to heed the aforementioned advice, and remember that selling your home is really all about how you show it off in the first place.
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