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Get ready! With the spring sale season just around the corner, now is the time to get your home ready to put on the market. As a Minnesota Realtor, I have seen many homes go on the market that simply are not ready. This decreases the amount a buyer is willing to pay buy thousands of dollars.

These are my 10 ten ideas for sellers to get their homes in top condition for a quick sale.

1. Make the Front Entrance SPARKLE!.

You need to make a great first impression! A coat of paint and a new brass kick plate or doorknocker says “welcome home”. Remove any personalized doorknockers or signs from the front of the home. Remember to trim bushes and shrubs and keep walkways clear. A blooming plant or festive wreath is a nice touch.

2. Organize the Kitchen.

Kitchens sell homesmake yours appear more large and inviting! Clean off counters and organize cupboards and drawers. Store or pack seldom used appliances and large pans. Consider replacing the counter if it is worn or has an unusual color. Repair or replace leaky kitchen faucets and dated florescent light fixtures.

3. Reduce Clutter Inside and Out.

Sort out E-V-E-R-Y-T-H-I-N-G! Throw away anything you do not need and organize the rest. Too much stuff? Consider an off-site storage facility during the move. Donate unwanted items to a local charity. Campers, boats and old cars should be parked at a different location.

4. Clean.

Your home should be spotless and smell clean too! Remember to give attention to the yard and garage too. Buyers want to see the size of your garage not where you dumped all the stuff from the house. If you have a dog, make certain that the yard has been picked up before every showing and it is completely free of debris.

5. Paint.

Light neutral colors make small rooms appear larger. That cute personalization you painstakingly painted on your child’s wall is a paint-over project to a new buyer. Do them a favor and paint over before the first showing. Remove dated wallpaper and borders and paint walls. Use premium quality paint and remember to patch holes properly and tape woodwork prior to starting. A sloppy paint job can be more detrimental to your bottom line than no paint job at all.

6. Update Bath.

If cleaning and painting cannot help a dingy bath, consider replacing vanity, counter and sink. Look at the faucets and light fixtures. If they are vintage, consider replacing. Also consider installing new flooring or buy nice plush floor mats to make the bathroom cozy. If the tub is nasty and stained, look into having it resurfaced.

7. Make Minor Repairs.

Tighten knobs, fix leaky faucets, oil squeaking hinges, replace dirty filters, repair cracked windows and holes in screens. If it can be fixed, fix it! Buyers do not pay top dollar for a “project house”.

8. Fix Roof Leaks.

One tiny water stain on the ceiling will cause a buyer to question the entire roof. Find and fix the leak at the source. This may be the time to call in an expert. Repair any ceiling damage. Disclose any information on repairs made to potential buyers.

9. Explain a Wet Basement.

Do what you can to make repairs but be prepared to explain all existing and repaired problems to the potential buyers. Never try to cover signs of a wet basement.

10. Exterminate.

Call a professional to get rid of the pests, repair any damage, and allow time for any pesticide smells to dissipate before showing. One bug, dead or alive, can make a bad impression on a buyer. If you have periodic mice, remove the traps and bait before showings. Again, disclose any pest infestations to potential buyers before the sale.

Copyright 2006 Teri Eckholm.

ABOUT THE AUTHOR

Teri Eckholm, Realtor
Keller Williams Premier Realty
http://www.terieckholm.com

Teri Eckholm is a native Minnesotan with nearly 20 years of sales and marketing experience. She grew up in a St. Paul suburb and working as a Realtor, she has serviced residents of the Twin Cities metro area for over five years. Teri has assisted hundreds of clients move from across town, across Minnesota and across the United States.

Many real estate agents begin and sometimes sadly end their careers without a plan. And as the saying goes, failing to plan is as good as planning to fail.

Sure, some do the usual and expected things to cultivate new business, like mailing letters and post cards to friends and relatives, phoning acquaintances, and giving out business cards to any and everybody they meet.

Heck, some are courageous enough to “cold call” prospects, the most
dreaded of all tasks! And while all of these activities are good things to do, they don’t necessarily translate into new business opportunities – now or later!

And while these may be good strategies you need more. But instead of working harder why not work smarter?

The most successful Realtors and Real Estate Agents have “lead
generating systems.” Some Farm Expired Listings for huge profits.

A good listing system can:

jump start new or average real estate sales career; bring in real estate listings on a regular basis; week after week
generate prospective buyers and sellers; give you marketing exposure in months rather than years; and position you to know the best real estate investment buys

Personally, I love Expired Listing Systems and their laser beam like focus on warm, responsive sellers. Sellers that are typically still Realtor friendly, eager to sell and will do what it takes to get their properties sold.

Owners of expired listings are motivated for many reasons; double mortgages, vacant properties, terrible tenants, recently married and combining households, recently divorced and liquidating real estate assets, and on and on.

Plus, they have gone through a listing cycle and may be anxious to get on with their lives. But, as you know, or will soon learn, all listings aren’t worth having.

As for me, I initially listed every property that I could; vacant land, single family homes, condo’s, triplexes, mobile home parks, mobile homes, homes in top notch condition, fixer uppers, whatever.

And I got to feeling pretty darn good (and just a little smug) as my listing portfolio grew to more listings than I could manage.

So, I first hired a part time clerk/assistant to help me market my listings, then took on a newly licensed salesperson as a partner and split the listing fees 50/50. Pretty soon my listing system was humming and I was averaging 1-2 listings a week.

I then had an army of agents working for me day and night, as almost all of my listings were in the Multiple Listing System. Working to get me paid, even when I was chaperoning field trips, getting a haircut, or just taking a day off!

That’s what a good real estate listing system can do for you!

So, if you don’t have a good listing system you should get one. After all, if real estate listings are the lifeblood of the industry then how successful can you be without them?

Lanard Perry is the author of “Farming Expired Listings – Your Personal Guide To Listing Success.” Visit his website at http://www.farmingexpiredlistings.com for more real estate sales and marketing ideas.

Should you do your own pre-purchase inspection? Yes and no. Yes, you should inspect a house before you write an offer on it. Then you should put an inspection contingency clause in the offer, and hire a professional inspector. Why do both?

Doing your own inspection can help you get a better deal. Each cracked window or leaky toilet you can find is a negotiating point. You see, you could just make a low offer, but a seller is more likely to accept your offer if you have reasons for it being lower. In fact, you should attach a list of your concerns to the offer, as an explanation and justification for your price.

Use a list as you walk through the house. Using a home inspection checklist keeps you from forgetting things. You don’t have to know the difference between 12-gauge and 14-gauge wiring, or become an expert on all the building trades, as useful as this would be. Just use what you do know, and make a note if something looks “odd” or “smells funny.” Afterwards, you can have a professional inspector take a closer look.

Pay for a professional pre-purchase inspection. Unless you really know a lot, it can save your neck financially. An acquaintance of mine just discovered that the house he made an offer on was almost beyond hope, because their was so much termite and other damage. He backed out of the deal, and considering the tens of thousands of damage he hadn’t planned on, I don’t think he’s regretting the $300 he spent on inspections.

Do a walk-through inspection yourself, by all means. Just also put that clause in the contract allowing you to have professional inspections too. Now, how do you choose the right person to do the inspections? Carefully.

Pre-Purchase Inspection – Choosing An Inspector

For specific inspections that are customary in your area, you can rely on most reputable companies. Termite inspections are the norm here in Tucson, for example, and it’s cheap to get one done by a pest control company (they hope to get the job if there are termites to be eradicated). If the roof has obvious problems, you can get a roofer to take a look and give you an itemized quote.

For general pre-purchase inspections, though, it isn’t as easy to hire the right person. In many states it is relatively easy to get licensed for general home inspection. What you really want, though, is not someone that read the right books and passed a test, but an inspector with real life experience. Ideally, you want a former builder or tradesman that has real experience with everything from electrical work to roofing to plumbing and more.

You want to know what is wrong, but you also want to know what it will cost to fix these problems. Not all inspectors will have that information for you. Ask if they can give you estimates for repairing any problem they find, even if only in the form of a range of the possible cost. You may be re-negotiating the price based on his findings. You could call in contractors to get quotes on big problems, but you need to at least know which are big problems, and a good inspector should be able to tell you.

To sum up: Do your own walk-through inspection, then hire a professional. Ask about their experience. Ask if they can note estimated costs next to problems found. If you want to learn more, ask if maybe you can tag along for the inspection. Do these things and you’ll have a thorough pre-purchase inspection.

Steve Gillman has invested in real estate for years. To learn more, get a free real estate investing course, home inspection checklist, and see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com

As you consider selling your home, you might be thinking “Why do I need a Realtor, what value does a Sellers Agent provide to me?”

Here are five areas where a licensed Realtor can help you sell your home -

SETTING THE PRICE

Pricing your home for sale is a careful balance. Set the price too low and you end up leaving money on the table. Set the price too high and your home will be on the market a long time, which will make the problem worse as potential buyers think “that house has been on the market a long time, there must be a problem with it”.

It is the Realtors job to know what homes like yours have sold for recently, and they can utilize the detailed history of the home sales in your neighborhood to tell whether your home – with it’s unique features, location and condition – will bring more, or less, than similar listings. The Realtor always has the pulse of the local and regional Real Estate market, so they know whether the market is heating up or cooling down, and can stay ahead of the trend, pricing your home to get you the highest possible price in the least amount of time.

PROVIDE MARKETING MUSCLE

Attracting interested people to view and buy your home does not happen automatically. A Realtor will market your home to the widest audience of potential buyers through a well-coordinated multimedia campaign. Of course they will use “For Sale” Signs, Newspaper Ads, Internet websites and open houses, but you’ll also be placed in the Multiple Listing Service where other local Real Estate agents can bring it to the attention of their buyers. Realtors can also advertise your home on Realtor.com and Yahoo Classifieds Real Estate where it can be viewed by anyone in the world that is relocating to your area.

BEING OBJECTIVE

Selling a home can be an emotional experience. After all, it’s been a part of your life, perhaps the center of your life, for years. As a third party, a Realtor can keep you focused and provide independent feedback on things you should do, or changes and repairs that should be made, to help the home sell. They will also act as a buffer during negotiations. A licensed Realtor will adhere to a strict code of ethics, and work to represent your best interests.

PRE-QUALIFY BUYERS

A Realtor can help separate the serious buyers from people that are “just out touring homes” and this will save you a lot of time and frustration. The Realtor will determine if buyers are serious by getting answers to questions about their motivations and purchasing power and by ensuring that they have been pre-qualified for a mortgage in the amount needed to buy your home. When the Realtor brings you an offer on your home, you can be sure that the buyers’ finances have been checked and they can close the deal in a timely fashion.

FOLLOWING THROUGH and CLOSING THE DEAL

Selling your house is a complicated process. There are offers and counter-offers. Then come the Contracts of Sale, inspection reports, disclosure forms, deeds, mortgage documents and more. There are many government-required inspections, disclosures and releases to be signed and exchanged between Buyer and Seller. Your Realtor keeps track of it all and sees to every detail. The value they provide is in avoiding delays and mistakes, and coordinating the timing of the sale of your house with the purchase of another, so that you make a smooth transition to your new home.

SUMMARY

Your home is probably your biggest asset. Selling it is one of the biggest transactions most people undertake. To try to do it without a seasoned professional beside you, is like going into a courtroom without a lawyer.

The value that a Realtor provides to someone selling a house is peace of mind. The marketing, the details, the paperwork, the coordination. A Realtor does it for a living every day, and has been through the process dozens, if not, hundreds of times. So relax and leave the details to them. You’ll find that having a knowledgeable Realtor beside you throughout the sale of your home is……… priceless.

Vicki Walker is a Realtor serving the Northern California communities of Davis, Woodland, Winters and Yolo County. You can get more information at her websites, Davis Real Estate and Homes and Woodland California Real Estate