BlogThursday, April 14, 2011 9 ways to sell your home fasterWith Vancouver's real estate market bolstered by an influx of investment from offshore sources, selling a home in the area may be less of a challenge then most other markets in North America. But there are still ways you can make sure your home sells faster on the market. 1. Differentiate From the Neighbors - In order to attract attention and to make your home more memorable, consider custom designs or additions, such as landscaping, high grade windows or a new roof. This can help improve the home's aesthetics, while potentially adding value to the home. Any improvements should be practical and use colors and designs that will appeal to the widest audience. 2. Don't overdo it - While it can pay to spice up your home, don't over-improve it. According to a 2006 article in Realtor Magazine, some renovations, such as adding a bathroom or a sun room, might not always pay. The data suggests that the nationwide average amount recouped for a bathroom addition is about 75%. For a sun room, it's even less. If you're going to invest in renovations, do your research and be sure to put your money into the things that are likely to get you the best return. 3. Clean the Clutter - It is imperative to remove all clutter from the home before showing it to potential buyers because buyers need to be able to picture themselves in the space. This might include removing some furniture to make rooms look bigger, and putting away family photographs and personal items. You may even want to hire a stager to help you make better use of the space. 4. Sweeten the Deal - One way to make the home and deal more attractive to buyers is to offer things or terms that might sweeten the pot. For example, sellers that offer the buyer a couple of thousand dollars credit toward closing costs will receive more attention from house hunters looking at similar homes. 5. Offer Transferable Warranty - A potential buyer may feel more at ease knowing that he or she will be covered against such problems, which could make your home more attractive than a competing home 6. Offer quick closing period - If it is possible for you to close on the home within 30 to 60 days, this may set your deal apart and get you a contract. 7. Improve Curb Appeal - Sellers often overlook the importance of their home's curb appeal. The first thing a buyer sees is a home's external appearance and the way it fits into the surrounding neighborhood. Try to make certain that the exterior has a fresh coat of paint, and that the bushes and lawn are well manicured. In real estate, appearances mean a lot. 8. Get Your Home in "Move In" Condition - Doors, appliances and electrical and plumbing fixtures should be in compliance with current building codes and in working order. The idea is to have the home in move in condition and to give potential buyers the impression that they will be able to move right in and start enjoying their new home. 9. Pricing It Right - Look around to see what the prices are in the market. Regardless of how well you renovate and stage your home, it is still important to price the home appropriately. Try to put yourself in the buyer's shoes and then determine what a fair price might be. Hope this helps. Don't hesitate to contact us if you have any questions, we're always happy to help! Source from the Vancouver Sun
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