5 LowCost Upgrades to Help You Sell Your Home

If you're looking sell your house but cannot afford huge renos, these little changes can catch a buyers eye.

Paint

A fresh coat of paint is the easiest way to brighten up a room, which makes it a top choice for sellers on a budget. Opt for neutral earth tones rather than bold hues. You want potential buyers to imagine putting their personal touch on the place, not force them to fall in love with your style. Picky buyers look everywhere, so don't forget to retouch the trim and paint the ceiling.

Cabinet Hardware

Can't afford a cabinet upgrade? Trick the eye by installing new hardware instead. Switching out worn or outdated drawer and cabinet handles for brand new ones can make your storage look like it's been given a major face-lift -- for a tenth of the price. Choose modern fixtures that compliment the design and colour of your cabinetry.

Countertops

The look of a kitchen can make or break a sale. Chipped, scratched or worn countertops are guaranteed to be an instant turn-off to potential buyers. Make them fall in love with your home by installing new ones. Laminate or ceramic countertops may be cheaper but are considered out-of-style in many neighbourhoods. If that's the case, opt to upgrade with Corian or Granite.

Lighting

If your home doesn't get a lot of natural sunlight you can fool potential buyers by tricking it out with fabulous light fixtures. Affordable "wow" factor fixtures are available - just shop around.

Yard

Curb appeal isn't just a myth. Potential buyers will be more impressed if you have a nice front yard. This doesn't mean you need to sink thousands of dollars into new landscaping. Simply mowing your lawn, trimming the edges, and adding a few shrubs and flowers can be the ticket to instant beauty.

Best Regards,

Denis Hrstic
AWESOME REALTOR® http://www.MyHomeAgent.ca

1.     People who look for a home during the Holidays are more serious buyers!

2.     Serious buyers have fewer houses to choose from during the Holidays and less competition means more money for you!

3.     Since the supply of listings will dramatically increase in the Spring, there will be less demand for your particular home! Less demand means less money for you!

4.     Houses show better when decorated for the Holidays!

5.     Buyers have more time to look for a home during the Holidays than they do during a working week!

6.     Some people must buy before the end of the year for tax reasons!

7.     January is traditionally the month for employees to begin new jobs. Since transferees cannot wait until Spring to buy, you must be on the market now to capture that market!

8.     You can still be on the market, but you have the option to restrict showings during the six or seven days during the Holidays!

9.     You can sell NOW for more money and negotiate a closing in early next year!

FSBO is tougher than you think.

After failing to sell his NYC apartment on his own as a For Sale By Owner (FSBO), Sambrotto hired a broker and paid a 6% commission in order to get the job done. His personal experience helps refute some of the myths Sambrotto has been espousing for over a decade. Let’s look at two of those myths:

Myth #1 – You Will Pocket More Money Selling on Your Own

 Most FSBO sites say you can save the commission by selling on your own. What happened in Sambrotto’s sale?

From the WSJ article:

“The broker, Jesse Buckler, said he told Mr. Sambrotto the apartment in the Lion’s Head building on West 19th Street near Sixth Avenue was priced too low and wasn’t drawing the right buyers.

By May, it went into contract, he said, after attracting multiple offers. It closed in the last few days for $150,000 more than the original asking price.”

Myth #2 – The Internet Alone Can Sell Your Home

Many have said that, with the introduction of home search on the internet, hiring an agent is no longer a necessity. What happened to the FSBO guru when he attempted to only depend on the internet?

From the WSJ article:

“Looking to move his family to the suburbs, [Mr. Sambrotto] said he carefully staged his apartment for sale himself, and put it on the market. But after using a mix of websites to publicize his apartment, he said he had only ‘middling success’ and switched to a broker because many buyers were so reliant on brokers.”

Bottom Line

50% OF LISTINGS SOLD TO OUR BUYERS

Best Regards,

Denis Hrstic
Investment REALTOR®   http://www.MyHomeAgent.ca

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