Home Seller – Make Needed Repairs

Before a buyer can take your home seriously, it must meet her needs in a number of ways. It should be a suitable neighborhood, travel distance, size, layout, etc. If most of these requirements are met, the buyer will move on to making an offer for your home. The purchase decision is an emotional and intellectual response based on the level of trust in your home. Therefore, it makes sense that your goal in preparing your home for sale should be to enable the buyer to build trust in your home. Your first step is to fix the obvious and hidden repair problems.

Make a complete list

Keep in mind that potential buyers and their real estate agents may not have their favorite personal memories and acquaintances about your home. They will look at it with critical and discriminating eyes. Anticipate their concerns before they visit your home. You could look at a leaky pipe and think about the $10 section at a home depot. This is a $100 plumbing bill per buyer. Consider how buyers who walk through each room will react to what they see. Make a complete list of all necessary repairs. Doing them all at once would be more efficient. Use a handler to quickly fix things. If your home is a fixture-upper, keep in mind that most buyers expect a significant profit over the cost of labor and materials. When a home needs clear repairs, buyers will assume that there are more problems than they can see. Take care of repairs before you market your home. Your home will sell faster and at a higher price.

Get a check

It is a good idea to have your home inspected by a professional before marketing. You may find some issues later in the buyer's inspection report. You can address the items on your own time, without the involvement of the prospective buyer. You do not have to repair all the items that are written. For example, due to changes in the building code, you may not see the code for handrail height, distance between ballasters, stair dimensions, single glazed windows and other items. You may choose to leave items like this as they are. In the inspection report, note what items you have repaired and what is left. Attach the report to your seller's disclosure along with any repair receipts you may have. A professional inspection answers buyer's questions early, reduces negotiations again after the contract and creates a high level of reliability in your home.

Offer a service contract

The buyer may be offered a home service contract for the first year of their ownership. A third party warranty company will provide repair services for certain systems or components in the home for one year after the sale for about $350. These policies help to reduce the number of disputes regarding the condition of the property after the sale. They protect the interests of both the buyer and the seller.

Do you want to rebuild?

Our clients often ask if they want to remodel their home before marketing. I believe there is no answer to this - just selling a home does not mean better improvements. Studies show that remodeling projects do not return 100% of their value at the sale price. Usually, there is no charge for replacing cabinets, remodeling kitchens, renovating bathrooms or adding space before selling. There is a good record between renovations and repairs. You need to draw this line when reviewing your home.

repair decisions

Countertops are outdated: If other elements of the home are up-to-date, the kitchen can be greatly improved with new and modern countertops. Although this is a renovation, it is worth doing as it is not a renovation and the kitchen has a significant impact on the value of your home.

Carpet is worn or outdated: Carpet replacement is almost always worth doing. Sellers often ask if they should pay an allowance for the carpet, allowing the buyer to choose. Do not accept this approach. Choose a neutral shade and change yourself. The new carpet makes everything in the house look great.

Wall texture is bad: You may have an outdated texture style or acoustic ceiling. In most cases, it makes no sense to strip and re-texture the walls. any religion personal guarantee of the repair.

Structural and trim repairs: Fix any sheetrock holes, damaged trim, torn vinyl, broken windows, rotten wood or rusty fixtures. Homes sell for more that show a reasonable level of maintenance.

Overgrown shrubs and weedy beds: Repairs to the yard are some of the most cost effective changes you can make. Mow and edge the lawn. Add inexpensive mulch to flower beds. Cut back any bushes that cover windows. Trim tree branches that rub against the roof. Buy new door mats. Replace dead plants. Remove any trash.

Check HVAC, plumbing and electrical systems: These systems need routine maintenance. Have the heat/AC system serviced and filters changed. Check for plumbing leaks, toilets that rock, corroded water heater valves, and other plumbing problems. Replace burned out bulbs and electrical fixtures that do not work. Check your sprinkler system and pool equipment for problems.

Make Needed Repairs

If you are planning to sell your home, your first step should be to discover and make needed repairs. By making repairs you will answer buyers questions early, build trust in your home more quickly, and proceed through the closing process with fewer surprises. Your home will appeal to more buyers, sell faster, and bring a higher price.

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