Category Archives: Selling

Selling Your Home

Detach yourself emotionally

Buying real estate is an emotional decision, but the opposite needs to be true for selling real estate. Emotions can get in the way of selling your property. The more attached you are, the harder it will be to convince a potential buyer to see themselves as the new homeowner. Try to get used to the idea that the home will no longer be yours. Think of it as a product to be sold. Visit every room and say “good-bye.” Visualize yourself handing over the keys.

First impression

Outside:

Curb appeal can create a good first impression. Cut the lawn weekly while showing your home. Keep the lawn edged, fertilized and watered. Trim the bushes, prune trees and shrubs, remove weeds from the garden. Consider planting seasonally appropriate plants to add color. Plant shrubs to fill space where needed. Keep the yard tidy. Rake the leaves in the fall. Keep the walkways clear of snow in the winter. Store lawn equipment, toys, or any other large objects that my obstruct walkways.

Pressure-wash the siding or add a fresh coat of paint. Use neutral colors such as white or off-white. Repaint or replace the shutters or gutters as needed. A contrasting color is a nice touch. Add a new doormat. Repaint or replace the front door. Make sure the front door opens and closes securely and locks easily. Make sure the house number can easily be read (replace faded numbers and remove obstructions).

Inside:

Paint walls in a neutral color to appeal to a wide range of buyers. Replace burned out light bulbs. Replace carpeting or flooring that is worn out or dated.

Create an impression of order around the house (shirts in the closet facing the same way, coffee mugs in the kitchen with handles pointed in the same direction). Dishes should be put away or stacked in an orderly fashion.Towels should be freshly clean.

Keep the home bright. Open all blinds, drapes and curtains to let in maximum light. Turn on as many lights as possible, including appliance lights and closet lights.

Removing clutter

After years of living in your house, clutter collects everywhere. Removing it is a challenge since you are attached to some of these objects. You may not even be aware how much you’ve accumulated. Bring in another set of eyes such as a friend or neighbor to help point out areas that appear cluttered. Your agent can also help with this.

Remove as many personal items as possible – you want the buyer to visualize themselves as the homeowner and your personal effects could inhibit this process. For example, remove any family photos, books from the bookcases, and accoutrements from tables and shelves. Sell, donate or throw away items you no longer want or need. Rent a storage space to keep kick-knacks, photos, extra furniture, and other personal items. Essential items can be placed in a box and stored in a closet.

Create an open environment , free from clutter. Remove any extra furniture or objects blocking access to closets or cabinets. Keep walkways clear. Create as much space as possible. Allow the buyer’s imagination to flow freely.

*Useful tip: Remove built-in appliances and fixtures you want to keep. It could be a deal breaker if the buyer learns they are not included with the home.

Limit expenses

Fixing up your home for selling need not be an expensive proposition. Focus on the major issues, such as fixing broken windows or a leaky roof. Fixing a leaking roof is less expensive than having a buyer negotiate a new roof.

When inspecting a home, prospective buyers will often “kick the tires.” They’ll play with anything that has a handle or switch, turning on and off the faucets, flicking the lights, opening and closing doors, cabinets and drawers. Replace or polish handles, door knobs, light switches and faucetfixtures. Apply grease to squeaky doors. These are some inexpensive ways to create a good first impression.

Eliminate odors

Smoking and pets are a source of unwanted odors. If you’re a smoker, you may want to move your smoking outside while showing your home.An air neutralizer such as an ozone spray can help eliminate smoking odors while not leaving behind the scent of a masking odor. If you are a pet owner, you may have become desensitized to the odors your pets leave behind, but others are not so immune. Cat owners should change the kitty litter daily and hide the litter box when showing the house. Shampoo the carpets. Use a carpet freshener periodically. Invite a third-party such as a friend or neighbor to assess your efforts.

Air out the house just before a visit from a potential buyer. Fill the home with inviting smells, such as scented potpourri and fresh flowers. Baking cookies, cinnamon rolls or home-made bread adds a warm and inviting atmosphere to your home. Starting a fire in the fireplace is also a nice touch.


Residence Planning – Fact or Fiction?

It’s both. It’s a fact because planning now for where you will live in the years ahead, especially if your lifestyle needs change, can save you money and preserve home equity. And it’s fiction because so few people do it. Your residence is a major part of your retirement plan, yet planning for where you will live and how you will use your home equity is not part of that planning process for most people.
Sometimes you can remain in your current home for a long time, but your ability to maintain that home may outpace your physical and financial stamina. And, sometimes circumstances change unexpectedly, and your property must be sold in a fairly short time frame.
Not knowing how long you will live or the extent of your health needs makes it difficult to know when and how to spend your financial resources. With increasing economic uncertainty, you’ll face even greater challenges.
Four key areas in Residence Planning need attention as we move into the second half of life. Lifestyle Planning considers the changes that occur in the course of life. Emotional Planning looks at our core values – what do I want my life to stand for. What are your cherished belongings and where or who would you like to receive them?
Energy Planning acknowledges that you can’t do as much as you once could. How do you want to invest the energy you have for the quality of living you desire? There are things you could do, but no longer want to invest your limited energy in doing. And there are things you can no longer do that have to be done anyway.
Incapacity Planning considers the impact the potential decline in your physical or cognitive abilities will have on where you live. How will you manage if you can no longer climb stairs, vacuum the house, clean gutters or maintain the yard?
All of us want to be in control of our lives and continue as the decision maker we’ve always been. Looking at some “what-if” scenarios now about where we will live and determining reasonable next steps may be our ticket to staying in the driver’s seat. Nothing is a more powerful motivator than the sense that we’re the captain of our ship.
You could call these your “Possibility Projects.” Putting an action plan together today will help you make good decisions in the future if these situations present themselves. The day may never come when you actually use your plans. But if that day comes, you’re already prepared. A good offense is your best defense for future possibilities.
If you or any of your loved ones, colleagues or friends has questions about their future and where to live, have them call me. Residence Planning is a specialty I have developed that combines my expertise as a Realtor with my expertise as a Certified Financial Planner professional specializing in real estate. I offer a complimentary Residence Planning Consultation to help people find answers and define future directions.
And remember to check out my website, www.JudyMillerRealEstate.com to see all listings in the Rogue Valley. Inventory is down. Interest rates are the lowest ever. We have a great real estate market. It’s time to get off the fence and take action. Call me today.