Friday, 7 September 2018

PART 1 OF 5: PREPARING YOUR HOME FOR SALE......

In our 5-part series, find out our top tips for getting your home sold quickly and for top dollar through perfect presentation! Whether it’s your first time or the fifteenth, selling a property is a highly stressful time. Here, we will provide you with the top five presentation tips based on our extensive years of experience in selling residential property.

Tip 1: Maintenance

The rule of thumb is - if something needs repair - fix it! There may be several things in your house that you have simply become accustomed to over time - things that you have been promising yourself to attend to. Well NOW is the time!

It’s important to attend to maintenance prior to listing your home for sale because:
-      Appearances are everything - you might be saying to yourself “these repairs aren’t a big deal,” but the buyer is thinking, “if the owner didn’t take care of these little items, then what about the roof of plumbing or air conditioner?”
-      It may cost you more in the long run - Buyers will mentally add up their perceived costs of repairing all those minor flaws and end up with an amount that is generally much higher than your actual costs will be.
-      Major things will be discovered anyway – 90% of buyers will get a building inspection done. If you’re at the stage where a building inspection is being done and issues are found, you will either lose your buyer or have to re-negotiate your price to allow for the perceived cost of repair for the buyer.

So, where do you start? Indoors, a few things to check include:
·         peeling or chipped paint or loose wallpaper
·         leaky taps and toilet cisterns
·         cracked tiles, lifting floor boards, stretched or worn carpet
·         scratched kitchen benches or stove tops

Outdoors, consider the following:
  • retaining wall integrity and stability
  • rusted gutters and downpipes
  • swimming pool appearance
Large repairs:
In today’s climate of open disclosure and vigilant home inspections the “Golden Rule” applies. Treat the buyer as you would treat yourself. Repair any problems with major systems. If you don’t, it will only be found later during the building inspection and you’ll risk either losing the buyer or having to lower your sale price to allow the purchaser to pay for the repairs.

“At first glance it may appear too hard. Look again. Always look again.” ~Mary Anne Rodmacher~

If you would like to see all our tips, please email info@spartners.com.au to request a copy of our Preparing Your Home For Sale booklet.

SMOKE ALARM LEGISLATION

We regularly hear the reminders to change the batteries in our smoke alarms, but how many of us really know the laws around it? As a home ...