Getting Ready to Sell Your House (Part 2)
Getting Ready to Sell Your House (Part 2)
- Don’t Forget About Your Gutters
Imagine that you’re having your first open house and despite the rain, foot traffic has been steadily increasing all morning. Your house looks immaculate, like one of those home’s off of an HGTV show, and your real estate agent has been messaging you updates every hour about how great it’s going. But then the unexpected happens. A small stream of water starts coming down right in front of your large bay window in the living room. The stream is outside the house, but your would-be buyers watch on as it grows into a miniature waterfall.
Red flags go up for the homebuyers touring your house as the foot traffic thins then disappears altogether. What they didn’t see was that the spillage was the result of a clogged gutter, nothing more, causing water to spill over in a very inopportune place and at the worst time.
Depending on where you live, you may not see as much rain in locations like Phoenix, AZ, but in many locations where rainfall is a common occurrence, such as Seattle, WA, this situation is more likely to happen. If you don’t have time to clean your gutters yourself—because you have a house to sell and a million other little things to do—there are professional services that can clean your gutters for you so this little oversight doesn’t drown out your hopes of selling your home quickly.
- Paint Your Baseboards and Crown Molding
It’s pretty common knowledge that you should paint the interior of your home a neutral color to appeal to more buyers. Homebuyers want to imagine themselves and their stuff in your space, so your red accent wall will need to be painted over with a more neutral hue. But what a lot of home sellers forget to do is pay attention to their baseboards and crown molding.
Where crown molding may just need some cleaning and touch-ups, your baseboards most likely have seen a lot more traffic, especially if you have kids. It may be a toy truck that has repeatedly crashed into your white baseboards, crayons that went rogue, or the black rubber wheels from bikes racing down the hallway, most likely your baseboards have been marked with years of life experiences.
To correct these homely blemishes, you can try cleaning your baseboards with simple dish soap and water. But if it has been years of wear and abuse, you most likely will need to paint. Use a paint with a semi-gloss finish that will offer a light sheen but not glossy enough to distract attention away from your floors. You can also match your crown molding using the same paint, making every room pop to potential homebuyers. Of course, if you end up hiring painters to repaint that accent wall of yours, you might as well have them paint your baseboards while they’re there.
- Focus on Your Floor
Your hardwood floors were once beautiful and one of the initial reasons you bought your home, but after years of traffic your hardwoods have since dulled to a shadow of their former glory. Likewise, your once plush carpet has also now matted down into obvious paths that lead from room to room.
One of the first things potential homebuyers look at when entering a new home is the floors, so make yours a statement.
If your carpet is approaching that 10-year mark, it is most likely looking pretty worn. Think about recarpeting your house to make it look fresh and ready for new homeowners. Such as you did with your walls, you’ll want to go more neutral in color to appeal to the majority of homebuyers. If your carpet is only a few years old, however, getting it professionally cleaned can go a long way in bringing your carpet back to life.
If you have hardwood floors bring them back to their former glory by refinishing them. Refinishing hardwood floors typically includes sanding down the floors to eliminate the original finish and stain, then restaining with the desired color followed by a coat or two of sealer. Your floors will look brand new and really stand out during the open house.
- Gather Your Documents
You might not be aware of this but you’ll want to gather all the documents you have in regards to warranties, manuals, service records, and repairs done to your house. These documents are hugely important for several reasons and certain ones are needed by different parties before you sell your house.
Your agent is your best friend during the home selling process. They are also your homes’ first line of marketing and the more information they have about your house, the better they can promote it. They will write out the specific details of your home as well as an enticing description that will highlight key features that homebuyers want. So, if you’ve made recent updates like a new deck, new roof, updated HVAC, or if your home has hot water on demand make sure your agent knows it and you have the paperwork to back it up.
During the home inspection process, home inspectors are going to go over your house with a fine-toothed comb. If your furnace or water heater hasn’t been serviced in years, they’ll let you know. Take a proactive approach by gathering all your service records so you’ll know ahead of time if something needs to be serviced before listing your home.
However, beyond the paperwork your agent and the home inspector would like to see, title companies require very specific documentation in order for you to even sell your home, including:
- Mortgage loan information, which will show any outstanding mortgage balance and pay-off balance (if there is any)
- Final purchase and sale agreement
- Title report
- Property tax information, including most recent tax statement
- Homeowners insurance information
- Lease agreement, if you’re currently renting the property
- Any reports or documentation that relates to the property
- Warranty paperwork, permits, service documentation, instruction manuals, dates of home improvement projects, and age of the roof, furnace, hot water heater, HVAC, and all the other major appliances.
- Pre-Sale Home Inspection
The last thing most people don’t think about before they sell their home is getting a pre-sale home inspection. Though it is not mandatory, a pre-sale home inspection is a proactive approach to understanding your home’s condition at that point in time, and if there are any repairs that need attention, you can address them now versus trying to do it during the home selling process.
Homebuyers will most likely get a home inspection of their own, right? So, why would you get one as a seller?
A home inspection report will most likely turn up a list of repairs that will need to be fixed. Would you prefer to fix these issues now before you list your home, or after you’re in negotiations with a potential buyer? If you wait, you may push back the sale date of your house as repairs are being made. Or, homebuyers may ask for concessions on your asking price in order to cover the repairs and the time it takes to make them. Ultimately, getting a pre-sale home inspection will leave you in a better position when it comes time to negotiate with potential buyers.
You may feel like spending a lot of time and money on your house is pointless because you’re just going to sell it anyway, right? Just consider that the more you appeal to the majority of homebuyers the more bids you’ll likely see and ultimately help you sell your house quicker and for more money.