Tuesday, November 27, 2007

Tips For Selling Your Home In London

Here is an article on things you can do to better market your home for sale in the London area. It is not inclusive of course but I hope you will find it a valuable resource to get you pointed in the right direction.

Make a strong first impression by paying attention to the little details. Remember this is now a product that you are trying to market and the first impression is important. Make sure your home is very clean and well taken care of. If you do so the buyers will assume that you have taken care of the rest of the home equally. The reverse of that is if you do not then they may assume you didn’t maintain your home and you will lose money.

Go to the outside of your home and try to look at it as a stranger would. A stranger will notice all the tiny flaws like dirty windows, leaves in the eaves troughs, poorly maintained yard and hedges. Try to have all these things resolved and make sure you have a clear path to the front door. You want the potential buyer to feel comfortable approaching your front door.

In most circumstances your house is going to be shown by a REALTOR and a buyer client. In this case they are already likely interested in the features of your house on paper and it is time to appeal to their senses and emotions. It is important that a potential buyer gets a good feeling from the house and can genuinely feel like it could be their home.

Here are some things to make sure you do to help prepare you home and show it in the best possible light.

*Rent a storage unit
*Remove all clutter from all your rooms
*Clean, Clean, Clean
*Remove excess furniture
*Put away toys and games
*Make sure your house smells fresh, open windows and air it out
*Put away any valuables and fragile items
*Make sure doors and cupboard doors open and close easily. Oil if they squeak.
*Repair leaking taps
*Put fresh caulking around tubs and showers where needed.
*Put out fresh flowers
*Remember those closets, visitors will look there, so keep them tidy

Price your home to sell. This is one of the biggest hurdles a seller can have if you don’t properly inform yourself about the market. Do not take pricing advice from your mechanic, or doctor, talk to your professional REALTOR it is what we do full time. It is a common error that a seller will think their home is worth much more then it is and pricing too high will turn away potential buyers before they even see your home. That in turn means your house will stay on the market too long and you will lose money. Dropping your price large amounts later is a poor and costly marketing strategy. It is much better for you to stay firm on a lower price and have your REALTOR negotiate other value items and conditions. This will put more money in your pocket in the long run.

Selling a home is a lot of work but it will be well worth it if you make a plan and work through the process. It is important and there are many things that cannot be put in a simple one page list of tips so please contact your favorite REALTOR and get professional advice. If you are thinking of selling in the London Ontario area please contact me and I will be happy to help you sell your home and find you your dream home.

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