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Small Fixes
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Today's real estate market is booming. With the huge rise in home decorating
shows, home building shows, and home carpentry as a hobby, more and
more Americans are enthused about the idea of having a property they
can call their own. With that in mind, sometimes selling a house in
today's market can be trickier than you would think.
Of course, if you live in a highly desirable area, you will probably
get lucky. Houses in certain suburbs of Los Angeles and other large
cities or popular states will often sell no matter what the condition,
and sell quickly too, because people aren't paying for the house- they're
paying for location, location, location.
So what do you do if your house isn't about location? If you're feeling
a little overwhelmed, and like your little bungalow is just one of millions
out there on the ever-expanding market, don't despair. There are some
easy tricks that can give your home the extra edge it needs to make
a sale quickly and painlessly.
The number one trick is to check your market. This is hardly even a
trick, but amazingly, some homeowners skip this one, especially if they
are selling independently and not dealing with an experienced realtor,
who knows this one like the back of her hand. Check out comparable houses
in comparable neighborhoods, and price yours accordingly. The fact that
your parents built this house themselves forty years ago isn't going
to matter to a potential buyer. The fact that it costs a little more
than the one around the corner, but has a newer roof, is what will get
you the sale.
Assuming your house is priced correctly and is in fair condition, what
can you do to draw in the buyers and get the place sold at or around
your asking price? For starters, let go of your house emotionally as
much as possible, and take a good objective look at it from an outsider's
point of view. The cracked driveway might not matter to you, but perhaps
it will to a potential buyer whose spouse uses a cane. Your daughter's
rose-pink bedroom might be just fine, but what if your potential buyers
have three sons? Prepare yourself to invest a little time and money
into giving your house some general appeal. If it's possible to fix
a problem partially for a small investment, then go for it. Twenty dollars
for a gallon of paint, or two hundred dollars for some used appliances
that are newer than the ones currently in the house, can make a huge
difference when it comes to asking price.
Of course, real estate is sold on an 'as is' basis- provided the buyer
is fully aware of whatever conditions may preexist- and some repairs
or alterations might simply be too costly. These are things that will
all come into play when it comes time to negotiate the actual price
of the house with a potential buyer. But the trick is to catch the relatively
small things- before the buyers start looking- and use them to your
advantage.
About The Author:
Peter Dobler is a veteran in the IT business. His passion for experimenting
with new internet marketing strategies leads him to explore new niche
markets.
Read more about his experience with real estate; visit
http://real-estate.online-business-idea.com
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