As any real estate agent knows, even in a red-hot property market, common issues can have an impact on the sale or jeopardise the sale outright. Some problems or issues may need repairing while others might call for an upgrade, either DIY or professionally done.
If you’d like the help tp identify what areas to focus on, here are some key things to consider, according to experts. Getting into the buyers’ mindset When trying to showcase a property in the best possible light, it’s crucial to get into the buyers’ mindset and view the house through their eyes. What’s the property’s current condition, both inside and out? What can its future potential be – and will buyers be able to see it? Does it feel comfortable and clean, ready to be moved into? And, if not, what can be done to improve it? Unless they’re looking for a fixer-upper, most buyers want a home that’s ready to move into right away, and certain problems may put them off or provide leverage for negotiating the price downwards. First impression counts First impressions matter in everyday life, and even more so in real estate. How the property presents to potential buyers can mean the difference between them scrolling past it or placing an offer. From boosting the property’s curb appeal through to decluttering, cleaning up, getting rid of pet odours, and using professional home staging, there are many steps your vendors can take. This extends beyond what’s inside the home: effective real estate marketing also goes a long way in getting in front of the right people, the right way. Repairing and upgrading: How much is too much? It's not always simple to decide how far to go with a pre-sale makeover. In some cases, a new lick of paint and some minor repairs around the house are sufficient. In others, the kitchen or bathroom may be overdue for a remodel. Here’s a good rule of thumb: repairs keep the property’s value from falling, while upgrades can boost the value. In other words, it’s important to fix anything that’s broken – big or small. As for renovations, it often pays to give the property a spruce up before putting it up for sale. Oftentimes, the choice between simple fixes and a more comprehensive renovation comes down to budget constraints. Some key issues to focus on Here are some common issues that, if left unchecked, may make a property less desirable – or even unsellable.
This article was originally published in the 2021 Spring edition of Real Estate.
0 Comments
Leave a Reply. |
Archives
July 2022
Categories |