MICHAEL LAYMON-THE SELLER'S EDGE TO REAL ESTATE.pdf

Whether you plan to repair any faults in the house before listing or leave them undone, obtain estimates for necessary or desirable repairs, and get them from more than one source. This will give you leverage in negotiations since you know exactly how much the repairs will cost.

SHUTTING OFF UTILITIES

Keeping utility services on will prevent weather damage. Additionally, a house without lights is difficult to show and gives buyers the impression that the house needs more repairs than it really does. Keeping utilities on will make seeing the house more comfortable for buyers.

VIEWING HOME STAGING AS AN EXPENSE, NOT AN INVESTMENT

What you spend on staging your home can actually boost the sale in terms of time on the market and price received. It can help you make more money. A typical home-staging expenditure might range from 1 percent to 3 percent of the listing price of a home. On the other hand, it may result in selling the house for 5 percent to 10 percent more. Don’t underestimate the miraculous impact that staging can create.

NOT REPAIRING OR CLEANING THE HOME

You’re going to lose money on the sale of your home if you’re not prepared to make repairs before listing it for sale. When you act ahead of time, it’s less expensive to fix things, and it’s an embarrassing (and expensive) proposition to let potential buyers see the faults of the property during the open house. Probably, prospective buyers will offer less or demand a credit for the expense of the repair work that needs to be done before the deal closes. Experts say clutter is the culprit that eats at the equity

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