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Sep 05 2008

What To Do Before Your Open House

Posted by Hal James

by Hal James

The open house has been part of the real estate selling process for years. That being said, most people still do an atrocious job throwing them. That is until you read this article and put the tips into practice.

When you live in a home, it is part of your family life. When you put it on the market, it becomes nothing more than a product. Make sure you understand this distinction. With this in mind, here are the key tips that will make your open house a hit.

Consider the view from the various windows in your home. If there is a positive view, pull back all drapes and blinds so there is a clear and obvious view of it. If the view is not so hot, leave the drapes and blinds down, but sort of open.

Live anywhere for more than a few minutes and you will produce trash. Make sure all trash receptacles are empty before the open house. Open houses are about stimulating the senses, not making them curdle with the smell of garbage.

A bathroom is a critical room in the open house. Buyers will go over it with a fine tooth comb. Shower doors should be so clean you can see yourself in them. Use an industrial size squeegee to prevent streaks.

Just as important as the shower doors are the toilet. It should be clean from top to bottom. Do not forget the exterior foot area or the back of the toilet where it presses up close to the wall. Sellers will definitely look.

Moving to the kitchen, we have the holy grail of staging opportunities. Clean everything and then clean it again. The kitchen is the soul of any home and it will get the once over by any buyer.

If you need a priority list for cleaning the kitchen, start at the stove. Top to bottom, inside and out, it must appear to be not clean, but new. Buyers know this is where the action occurs every day and will inspect it closely.

The place we store our food is next on the list. The refrigerator is nearly impossible to always keep clean, but you need to do it now. Do a big clean the day before the open house and then give it a once over an hour before hand.

One thing that many people forget to remove for the open house is so obvious because it is in front of you all the time. I am talking about your family and pets. Get them out! The home is off limits until one hour after the open house ends.

Ultimately, you want the home to look as new and buffed out as possible. It is the equivalent of selling a used car. Get it spic and span. Only then will your open house be a success.

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Aug 22 2008

The Secret To Selling Your Property

Posted by Hal James

by Hal James

Listen to successful people and you will notice a common theme. Preparation is the key to success. This is also true for selling property. If you take time to properly prepare, you stand a very good chance of selling your home even in this market.

Tips are like mosquitoes in a swamp. There are a lot of them. This is also true for real estate topics. Frankly, it can get confusing because there is such a storm of information. Well, here are the key ones you need to know.

Ironically, the initial thing you need to deal with is yourself. If you are going to sell, you must come to grips with the fact this home is no longer your retreat from the world. It is like any other product that must be sold and you have to treat it as such.

Seriously, this can be the hardest thing for most people. Your tastes and views regarding your home no longer matter. It is a product like a car that needs to be positioned for sale. Just like you would buff out a car, you must do the same for the property.

Once you get a grip on this emotional change, you need to start pulling personal items from the home. Kids stuff on the refrigerator? Yank them. Personal photos around the home? Store them away.

The next step is to cast a critical eye towards clutter in the house. If you objectively do not use something, get rid of it. Most rooms have way too much junk in them, so really do a critical walk through. Space sells. Junk does not.

We all have one room we really live in. This is often the game room. In it you will find comfortable couches and chairs that are great for watching TV and the like. This comfortable furniture needs to go or be covered up.

Importantly, you need to understand that the entire home is going to be looked at by buyers. Closets will be opened, basements will be walked, attics will be snooped in and garages will be strolled. You should not expect any privacy, so remove anything private.

Finally, look for any obvious problems and fix them. A cheap upgrade you can make is to repaint any areas of trim. This includes around windows, doors and any other area that is framed. A little paint can really go a long way.

The current market is a tough one for sellers, but homes are selling. Take the necessary steps to get your home buffed out and you should be able to move it. Be positive and you will be surprised how well things can go.

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Aug 17 2008

Home Improvement - Know When to Stop Remodeling

Posted by Hal James

by Hal James

Did you know that some remodeling is too much remodeling? If you are trying to sell your home, spending thousands of dollars fixing it up may not be such a good idea. Do you know when to stop? If not, this article will help to clear things up a bit.

The way we live in homes is much different then their designs. How often do you hang out in your living room? Rarely. How about the kitchen? All the time! Guess which area should be remodeled? Yep, the kitchen because it is a focal point of the home.

Now, updating a kitchen is usually definitely worth the money. One has to be reasonable, however. If the home is drag and run down, spending all your money buffing out the kitchen is going to be a mistake. Instead, get the most bang for your buck by spreading things out.

Another area where people have remodeling problems is with the desire to express themselves. While you might like the blood red color, most buyers will not. So, should you paint the interior of the home blood red? Probably not.

As far as changing the actual structure of the home goes, do not expand rooms that don?t make sense. For example, expanding a small bathroom might be a good idea, but adding an oddly shaped addition to the home itself may be a turn off. If you must go through a remodeling stage, be sure to keep it simple.

There is a common theme to spending your remodeling money wisely. First, bring any problem areas of the home up to snuff. Second, upgrade the kitchen and bathrooms. Third, consider creating more square footage by adding a room or two.

I think it is again important to mention personal taste. Whatever you do to the home, make sure the improvement is within established norms. Odd designs and color combinations are hard to sell. You do not want to have to redesign the home twice.

Homes are great investments. Yes, even in this horrific real estate market. If you can ride it out, you will be a happy homeowner in a few years. Just make sure you focus your remodeling efforts on things that will return a hefty profit when you eventually sell.

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Aug 13 2008

Top Ways to Increase Home Values

Posted by Hal James

by Hal James

Selling a property in the current market can be tough. You need to make your home stand out from those around you. Of course, you want to get the most improvement possible for the minimum amount of cash. Here are some ideas.

Before we get into improvements, remember the golden rule. Do not spend more than you will be able to recover when you sell the property. This is critical. Chant it repeatedly when at Home Depot. Now, head to the landscaping section.

Curb appeal is critical if you want to sell your home. This means it needs to look good when buyers pull up to the home. Remove litter, dead bushes, boats, toys, and any other clutter around the front of the home.

Never underestimate the value of good landscaping. Real estate investors often by apartments that are bland, spruce up the landscaping and then resell the property for big profits. You should be focusing on the same thing with your home.

Almost instantly, your home will look better creating that desired curb appeal. Next, go around your home looking for things that really stick out. It is far better to spend your money on those things that can be seen rather than those things that may go unnoticed.

Now look for banged up elements of your home. The floor boards around walls usually need some work. From vacuums slamming into them to other items pounding them, they get dinged up. Buyers will look, so get them into good shape.

There is a gray area between an antique and something old. If you have doubts regarding one of the things in your home, update it. This is particularly true for kitchens and bathrooms. Appliances and fixtures are good places to start.

Now that you know what to fix, you can easily start working on your home. Of course, the best part about all of these suggestions is that they should not cost a bundle. Get the most bang for your buck. Remember to focus upon those things that can be seen, and always pick up the front of the home before listing it.

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