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Preparing Your Home

 

4% Realty Green Bay Serving Northeast Wisconsin

 

Let your home appeal to buyers. With a little effort on your part, you home can be sold faster. These tips have proved invaluable to owners and are worth your special attention.

Reasons for Selling Your Home . . .
 

  • There are many reasons for someone needing to sell their home.

  • Purchasing A New or Larger Home

  • Contact us to find potential buyers to help determine if the home is reasonably priced.

  • Estate Settlements

  • The death of family member, wills, and/or insurance purposes may require the sale of a home. 

  • Divorce

  • Courts may require a home to be sold for the divisions of assets. 

  • Investment Property Purchases

  • When buyers or potential buyers of commercial or apartments buildings find their properties are no longer major tax advantages, they can call 4% Realty to sell their property or find them new investments.

  • Taxation And Tax Purposes - Charitable contributions are all tax deductible.

  • Government Regulations

  • The government may require owners to sell property.

  • Avoid Foreclosures

  • High taxes, missed house payments or loss of income may be reasons for a person to try to sell their home as oppose to losing to foreclosure.

 

Realistic Pricing Services

 

Here are a dozen reasons why it is so important to realistically price real estate properties.

 

  1. Overpricing reduces the response the real estate company will receive from their advertising because other properties within the same price range may have more features than yours and sell faster.

  2. Your property must compete with properties now on the market.

  3. Buyers buy by comparison so homes not comparing favorably with those the buyers already inspected do not sell.

  4. Buyers expect more at a higher price and failing to find all they had hoped for at that price become disinterested.

  5. Overpricing causes most homes to remain unsold for too long. Buyers aware of this long period of exposure are hesitant to buy fearful that there is something wrong with the home. This increased sales resistance makes it very difficult to sell.

  6. Many times overpricing causes substantial monetary loss because the owner is compelled to own two homes. Some of these costs are taxes, insurance, maintenance, heat, and interest on equity. These expenses are then combined with the many inconveniences the seller encounters.

  7. Overpricing accomplishes nothing because most homes sell for their fair market value. The advantages of realistic pricing far outweigh any consideration to price a property more than 5-10% above this fair market value.

  8. Salespeople tend to lose their enthusiasm for a home after a number of unfavorable reactions from buyers, causing many of them to discontinue showing the property.

  9. The real estate company making a practice of taking overpriced listings and having their For Sale signs on the property for months without results will become to be known as a poor market researcher.

  10. A real estate salesperson’s most precious commodity is his time. Therefore, a salesperson cannot afford to spend time working overpriced listings.

  11. Overpricing tends to force buyers who could buy in your area to look elsewhere.

  12. The right price is of the utmost importance of the sale in any commodity. Homes priced right usually sell after a normal market exposure.

First Impressions are Lasting

 

First impressions are lasting.  The front door greets the prospect.  Make sure it is new and clean.  Keep lawn trimmed and free of debris.  Be sure snow and ice are removed from walkways and steps.

 

Exterior and interior painting make a home appear newer and in better condition.

 

Let the sunshine in. Open draperies and curtains so show the prospect how cheerful your home can be.

 

Repairs make a big difference. Dripping water, loose knobs, and sticking doors detract from home value. Have them fixed.

 

Proper maintenance of electrical, heating, roof, windows and doors show that a home is safe.

 

Clean from top to bottom. Remove all unnecessary articles from attic and other utility spaces.

 

Brighten dark dull basements by painting walls. 

Safety first. Keep stairways clear. Avoid cluttered appearances and possible injuries.

 

Make closets look bigger. Neat, well-organized closets show there is ample space.

 

Bathrooms help sell houses. Make this room sparkle. There definitely should not be mold or mildew present. 

 

Arrange bedrooms neatly. Remove excess furniture. Use attractive bedspreads and freshly laundered curtains.

 

Three’s a crowd. The potential buyer may feel like an intruder and rush though the house when a seller is present. Sellers should only stay during a showing when necessary. 

 

Pet underfoot? Keep them out of the way-preferably out of sight.

 

Supplying a list of any updates, remodeling, or additions, that has recently been completed would be very helpful. i.e. April 1999 - new furnace, May 2001 - new carpet in living room, etc.

 

A word to the wise--Let our agents negotiate price, terms, possessions, and other factors with the customer.

4% Realty in Green Bay Serving Northeast Wisconsin

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