Staging even more important in competitive home
sales market
by Anna Jacoby
If you are planning on selling your home this year, there are a
few things you should know about this year's real estate market.
Since half of my interior decorating business involves home staging,
I keep up with trends in real estate. According to the newspapers
and what I hear from my colleagues in the real estate industry, this
year is predicted to be a more normalized market between buyers and
sellers. Sellers should be aware that homes may stay on the market
a few weeks longer than was typical last year and that competitive
pricing will be extremely important. On the bright side for sellers,
however, experts are still predicting about 8-10% price increases
in the price of homes over last year.
This year, sellers will have to be even more diligent in getting
their homes ready to sell. To increase your likelihood for a fast,
profitable sale in this kind of market, make sure your home looks
great and is in excellent condition. According to a recent article
in the Argus (Bond craziness impacts borrowers, January 3, 2006), "Now,
the process of staging an open house becomes more important and sellers
have to make sure homes are cleared of clutter and not in need of
major repairs."
Since you will be competing with many other homes- new developments
as well as homes in your own neighborhood-- you will want your home
to stand out from the crowd. Based on my experiences as a home stager,
I've listed below three mistakes I see sellers making and how to
correct them.
Mistake #1: Selling a home "as is"
While there may be a few buyers out there who want a fixer-upper,
most buyers really do want a home in move-in condition. Of course
this means that you should make any needed repairs, but it also
means you should spend some time and energy updating fixtures,
flooring and paint colors. Remember, you want your home to look
better than the home selling down the street.
Mistake #2: Not clearing the clutter
I've said this in my columns many times-- clutter can wreak havoc
on even the most beautiful of homes. Put yourself in the buyer's
shoes-- would you want to walk into a home and see someone else's
paperwork, junk mail, laundry and 35 pairs of shoes? Remove the
clutter, remove most of your personal items, and neutralize the
interior. Buyers will open cupboards and closets, so spend some
time tidying those up as well.
Mistake #3: Clearing out too much
Sometimes people go overboard and clear too many of their belongings.
Vacant homes look cold and uninviting; furnished rooms with no artwork
or accessories lack personality and warmth. Decorative touches like
artwork, green plants and candles are really important to help create
an appealing home environment. If you have a talent for decorating,
you can prepare your own home for sale. If not, a good home stager
can help create a home that buyers will love.
This article appeared in Alamada Newspaper
Group newspapers on January 21, 2006. Copyright 2006 Anna Jacoby. |