Chapter 9

Preparing Your House for Sale

IN THIS CHAPTER

check Getting your home ready to make a great first impression

check Steering clear of major home renovations

A magical metamorphosis occurs the moment you decide to sell your property. The “home” you love so dearly turns into a “house.” This shift in vocabulary is an important part of letting go — the emotional detachment process all sellers experience sooner or later. Home is where your heart is. Houses, like TV sets, toasters, and tangerines, are commodities sold on the open market. You’re getting ready to sell a house.

Most folks don’t really see their houses after they’ve lived in them a while. Things that buyers may find objectionable, owners accept as charming quirks. The bathroom door, for example, that sticks whenever it rains. That weird noise the refrigerator makes every so often in the middle of the night. The dirty spot on the hall carpet near the front door where the family dog always takes his afternoon nap. Little stuff.

Nor do homeowners tend to notice the insidious effects of gradual physical deterioration and equally gradual junk accumulation. Homeowners fail to see how badly the house needs a new paint job, how big that “little” stain from the leaky roof has grown, and how many clothes they’ve jammed into the once-spacious closets over the years. Not so little stuff.

A “lived-in” look is fine — until you want to sell. You may not see this decline, but buyers who tour your property definitely will. To be a successful seller, you must have your house looking its best. This chapter highlights what you can do to your house, outside and inside, to make it stand out above the other houses on the market and what common mistakes to avoid so you can get the best offer.

Handling Presale Preparation

Getting your house ready to put on the market takes time. Exposing your property to the market before it looks its best gives buyers and agents who tour the house a bad initial impression. It’s nearly impossible to get them back for a second look after you correct the showing flaws. After you read this section, you’ll know why you probably need at least two weeks to prepare your property for marketing.

If you make the right improvements when fixing up your property, you increase the odds of selling it quickly for top dollar. If, conversely, you make the wrong changes to your property, you waste the time and money you spent, prolong the sale, and possibly even reduce the ultimate sale price.

Start the presale fix-up process by getting outside opinions of your house’s strengths and weaknesses. Don’t ask your best friends or the next-door neighbors. They may have the same blind spots you do. Worse yet, they may sugarcoat the truth in a misguided attempt to spare your feelings.

tip Good real estate agents are an excellent source of advice about readying your house for sale. Because agents see your house with fresh eyes, they can spot flaws you no longer notice. Furthermore, agents look at your house the way buyers do. They know how to prepare houses so they’re appealing for marketing — a process sometimes referred to as staging. And, last but not least, because agents work on commission, good agents don’t want to waste your time or theirs trying to sell a house that isn’t up to snuff. The more you get for your house, the bigger their commission. This section focuses on how to prepare your house for sale, starting from the curb and working your way inside.

Creating curb appeal

Most buyers make snap judgments about your house. Their first impressions, good or bad, generally are lasting impressions. Buyers begin forming their opinion of your house long before they go inside. Curb appeal, the external attractiveness of your property when viewed from the street, is critically important. If you want to see how your house looks to strangers, go across the street and take a good, hard look at it.

No matter how magnificent your house is on the inside, many buyers will drive by your house without stopping if the property lacks curb appeal. Your house’s exterior appearance and landscaping either attract buyers or repulse them. You can enhance your house’s curb appeal through some tried-and-true ways:

  • Painting: Painting your house’s exterior before you put it on the market can be expensive (unless you do it yourself), but it gives the biggest bang for your fix-up buck — if you use colors that conform with your neighborhood’s decorating norm. Now isn’t the time to make a fashion statement! White, light grays, or soft tans are safe choices for exterior walls. If your house doesn’t need a new paint job, at least touch up window frames, front shutters, gutters, and downspouts and have your house gently power washed by people who know what they’re doing. Also, be sure to give your mailbox and front door a fresh coat of paint. Greet prospective buyers by dressing up your freshly painted entrance with a new welcome mat.

    warning In addition to costing you big bucks, house painting is a time-consuming project. Because exterior painting is seasonal work, professional painters are busy folks after the snow melts and during the dry season. Don’t wait until a week before you want to put your house on the market to call several painters for bids to do the job. Schedule your painting contractor well in advance of the crunch or you may end up with two nasty choices: either painting the house yourself or putting it on the market with peeling, faded paint.

  • Lawn: A freshly mowed, neatly trimmed lawn gives your house a well-maintained appearance. Don’t leave toys, lawn equipment, or garden hoses scattered around the yard. You can make your grass look extra lush and green by fertilizing it in the appropriate season. However, if your pet, or your neighbor’s pet, tries to help out with the fertilizing, use your pooper-scooper daily to clean up.
  • Sidewalks: Sweep your sidewalks daily. Keep your walks free of snow and ice in the winter. Nothing puts buyers in a foul mood faster than falling flat on their faces while trying to navigate your icy sidewalk.

    tip A badly cracked, crumbling sidewalk is a lawsuit waiting to happen if someone trips and injures himself due to the sidewalk’s poor state of repair. In addition, a poorly maintained sidewalk creates a terrible first impression of your property. Compounding the problem, buyers know that if you don’t fix the sidewalk, they’ll have to do it. Patching cracks or replacing damaged portions of a sidewalk prior to putting your house on the market is money well spent. Keep cost to a minimum by getting bids to do the corrective work from several reputable contractors.

  • Shrubbery: Remove or replace any dead or dying trees, hedges, or shrubs, and prune anything that looks scraggly or overgrown. Cut back overgrown shrubs that block windows and keep light from entering your house.
  • Flowers: Filling flower beds with seasonal flowers is an inexpensive way to add color and charm to property. Choose bright, fresh colors that draw buyers’ eyes to otherwise ignored areas of your yard. Don’t forget to keep flower beds watered and weeded throughout the marketing process until your sale closes. If you’re among the flower-growing impaired, allow us to recommend Gardening Basics For Dummies by Steven Frowine and the National Gardening Association (Wiley).
  • Repairs: Be sure that all gutters and downspouts are in place and clean. Replace missing roof shingles and broken or cracked windows. Repair cracks in your driveway and remove large oil stains. Replace or repair broken stairs, torn window screens, broken or missing fence slats, and defective doorknobs. Make sure your front and back doors, garage doors, and all windows open easily. Check exterior lights to be certain they’re working properly.
  • Windows: Keep your windows spotless inside and out throughout the marketing period. When you’re not home, curious buyers attracted by the For Sale sign will peek through the windows to size up your house. Don’t let their first impression be windows covered with cobwebs and smeared with fingerprints. Don’t forget that interior window treatments can be seen from the outside. Worn or faded drapes or lopsided window shades need to be replaced or removed. If your old dual-pane windows are foggy or worse due to a broken seal, you may want to consider replacing them.
  • Eliminate or hide clutter: Clear everything you don’t need out of the garage. Friends and family who live nearby can be a great source of temporary places to stash your excess stuff. If you can’t clean out your garage, at least keep the door closed to conceal the mess from prying eyes. Store recycling bins in an out-of-the-way spot in back of your house. Don’t have a fleet of cars, trucks, boats, and campers cluttering up your driveway or parked in front of your house. You’re selling a house, not a parking lot.

tip If just reading this list makes you tired, you’re not alone. You probably lack the time and the desire to do all this prep work yourself. If you can afford it, make your life easier by hiring competent folks to help you with these chores. Your real estate agent, if you’re working with one, should be brought into the spiffing process as soon as possible. The agent should help prioritize the various projects and can probably refer you to people who specialize in this kind of work.

Exteriors attract, but interiors sell

Curb appeal draws buyers into your house. Appealing interiors make the sale. But you don’t have to spend tens of thousands of dollars on your house prior to putting up the For Sale sign. On the contrary, the little things you do generally give the biggest increase in value. Concentrate on the three Cs.

Clean up

Clean, scrub, and polish your house. Your stove, oven, refrigerator, microwave oven, and other appliances must be spotlessly clean inside and out. Scour walls, floors, bathtubs, showers, sinks, and faucets until they sparkle. Clean or repair tub and shower grout. Don’t forget to clean the ventilating hood in your kitchen as well as the dusty heating and air-conditioning vents throughout your house.

Buyers will notice strong smells as soon as they walk through your front door, so eliminate smoke, mildew, and pet odors. Cleaning drapes and carpets helps get rid of odors. So does cleaning your cat’s litter box daily. Remove ashes from the fireplace. If you’re a smoker, clean all ashtrays daily and take your smoking breaks in the great outdoors until you sell your house. Use air fresheners or citrus-scented potpourri to keep your house odor free. Open windows at least ten minutes every day to let in fresh air (unless you live near something emitting an undesirable odor). Whether you do the work or hire someone, make sure your house is spotless and smell-less.

tip Fix drippy faucets. If any of your sinks or bathtubs drain slowly, unclog them. Just as car buyers love to kick tires, some property buyers test houses by flushing toilets and running water in sinks and bathtubs to check drains. Buyers consider leaky faucets and clogged drains a sign of poor maintenance and, more often than not, they’re right!

Clear out

Get rid of clutter. Be ruthless. Removing clutter increases the perceived size of your house. Eliminating clutter and excess furniture makes rooms appear larger. Try this simple test: Take shoes, sweater boxes, and so on off your closet floor and look again. Small rooms such as closets and bathrooms seem larger without a ton of stuff all over the floor.

tip Where furniture is concerned, less is more. Go through your house room by room with your real estate agent or a friend who isn’t a packrat. Get that person’s opinion on what to eliminate. Set a goal of getting rid of at least a quarter of the furniture in each room — half would probably be better. Big furniture such as large sofas or grand pianos make a room look smaller. A glass table, for example, seems smaller than a solid wood table of the same size. Think visually. If you want a better idea of what your room looks like, take pictures of each room.

Remember the rule of three: No more than three items should be on your kitchen and bathroom counters, tabletops, and mantels. Keep dirty dishes out of the kitchen sink. Store, sell, or give away surplus or bulky furniture. Recycle those stacks of old magazines and newspapers you’ve been saving for no good reason. Don’t just move stuff into the attic or garage. On the contrary, dump all that junk from your attic, basement, and garage that you’ve accumulated over the years.

Closet space sells houses. Create additional space in your closet by weeding out all those old clothes you never wear anymore. Clean and organize closets, bookcases, and drawers. Like it or not, serious buyers inspect your closets and open built-in drawers. Be sure that they’re neat and roomy. Closets look more organized if you replace wire hangers with matching wood or plastic hangers.

tip Ironically, the clutter that reduces your house’s value is far from worthless. On the contrary, your junk is someone else’s treasure. Make a donation to your favorite charity and earn a tax deduction (be sure to ask for a donation receipt). Have a garage sale. Who knows? You may make enough from a garage sale to pay for your move.

Cosmetic improvements

Make cosmetic improvements. Painting isn’t expensive if you do it yourself, but be careful when selecting interior colors. Lighter colors make rooms look larger. Avoid cherry red, canary yellow, cobalt blue, emerald green, and other bold colors with strong visual impact. You may love the effect, but you aren’t the buyer. Stick to conventional whites, soft pastels, warm tans, honey, taupe, and other neutral colors that won’t clash with most prospective buyers’ tastes. If, like most basements, yours is dark and gloomy, paint the walls and ceiling a light color and put the highest wattage light bulbs that you can safely use in your light fixtures to brighten up the space. Repair cracks in the floor.

Just because we recommend using neutral colors doesn’t mean you should turn your house into a bland, boring blob of mush. You have our permission to give it visual spice. Use fabric — area rugs, tablecloths, napkins, sofa cushions, window curtains or drapes, bedspreads and quilts, bath and hand towels, shower curtains, and so on — to create temporary color accents in rooms. Unlike other more permanent improvements, you can take these items with you for use in your next home. You can also use flower arrangements to add bright splashes of color to rooms.

tip Many real estate agents refer to Remodel Magazine’s “Cost vs Value Report” when advising sellers where to spend money fixing up property prior to sale. The report compares average costs for 29 popular remodeling projects with the value those projects retain at resale in 99 U.S. markets. It can be found at www.remodeling.hw.net/cost-vs-value/2017.

Staging

Staging a house goes way beyond your efforts to make it look nifty before having friends over for a dinner party. After all, your pals are there to eat your food and drink your wine — not buy your house. Just as stagehands set the stage for Broadway productions, you can stage your house to create a production designed to wow prospective purchasers. Good stagers know how to emphasize the best features of a house and minimize the worst.

Staging became even more important with the advent of Internet marketing, which we cover in Chapter 13. Today it’s no longer a simple matter of how your house looks to people who walk through it. Many buyers shop online prior to actually seeing a house, so be sure your house looks good online too.

If you’ve ever visited a new home development and walked through the builder’s model home, you’ve seen staging. Builders usually do extremely elaborate staging jobs. They use professional decorators who take care of everything: placing furniture, choosing soothing colors for carpets and drapes, hanging artwork, having a bowl of fruit on the kitchen counter, putting flower arrangements in the living room, and leaving an open book on a table by the bed in the master bedroom.

All cabinets, closets, and drawers are empty, of course, so buyers can easily see that the house appears to have plenty of room for their stuff. That unnaturally clean, utterly bare garage looks huge. The patio is furnished with nice lawn furniture and one of those tables with an umbrella in the center. Staging the property this way helps prospective buyers visualize themselves living in the home.

The message a bright, cheerful, immaculately clean model home in perfect working condition sends to buyers is, “What are you waiting for? Go ahead. Buy me. You won’t regret it. Living here will be easy. You can relax and enjoy life.”

Staging finishes the process you started with the three Cs (see the preceding section). You don’t have to spend wads of cash to stage your property. Small bucks spent staging can bring big rewards. If you’re looking to increase your house’s emotional appeal, check out the following areas of improvement:

  • Kitchen: Aromas from fragrant goodies like freshly baked gingerbread or just-brewed coffee bring back wonderful memories of home. Conversely, many people find odors from pungent foods such as liver, fish, and cabbage a turnoff. Be careful about the foods you cook throughout the marketing process; you never know when prospective buyers may tour your house.
  • Bathrooms: Always have fresh towels and potpourri in bathrooms. Buy new shower curtains; old ones may have water spots or mildew on them. Put new soap in the soap dishes. Take toothbrushes, toothpaste, combs, prescription bottles, and rubber duckies off the bathroom counter. Clear out the medicine cabinet, make sure the toilets are flushed and cleaned, and remove the tub mat and rug in front of the toilet.
  • Collections: Everyone has collections — family photos on the wall, autographed baseballs, dolls, sports and school trophies, model airplanes, whatever. Unfortunately, now isn’t the time to have prospective buyers thinking about your family living in the house. You want them to focus on their family living in it. Depersonalize your property. Put away your collections so people focus on the task at hand — buying your house.

    tip Most folks use magnets or tape to stick everything from vacation snapshots and finger-painting masterpieces to notes for the kids and “to do” lists on the surface of their refrigerator. That’s a mighty distracting collection. Clear everything off the top and sides of your refrigerator.

  • Comfort: Keep your house warm in winter and cool in summer. A house that’s too hot or too cold isn’t inviting. Remember Goldilocks.
  • Fireplace: Functioning fireplaces are utilitarian (another heat source) and romantic (candlelit dinners by the fire). If you have a fireplace, spotlight it. Polish your fireplace tools. Pile logs neatly in the fireplace. When your house is shown on cold fall or winter days, nothing says “Welcome” like the warmth, glow, crackle, and smell of a blazing fire in the fireplace.
  • Flowers: Vases of colorful, fresh flowers spotted throughout the house make a wonderful impression on prospective buyers. You don’t have to spend a fortune on hothouse orchids. Bouquets of daisies, tulips, or other seasonal flowers from your local supermarket are fine.
  • Furniture: Rearrange furniture to create a warm, inviting feeling. If you’re selling a vacant house, consider renting furniture to create a homey atmosphere.
  • Light: Bright, well-lit houses seem more spacious and cheerful. Wash all your windows. Clean the window screens. During the day, open all your curtains and drapes (unless you overlook the city dump or your view is a brick wall). If the view is unattractive, get sheer window coverings that let light through but mask the view. Don’t force buyers and agents to grope around in the dark looking for light switches. When you show your house, brighten up rooms by turning on all your lamps, even during the day. Check all your light bulbs — replace any that have burned out. Be sure hallways and stairways are brightly lit. Don’t forget to turn on closet lights, oven lights, and the lights over your stove and kitchen counter.

    tip Prospective buyers often drop in or drive by in the evening to see how your house looks at night. Interior lights that can be seen from the street make a house look cozy and inviting. From sunset until you go to bed, keep at least one light on in each room that faces the street.

As you may know, some folks earn their living (either part-time or full-time) as home stagers. If you’re working with a real estate agent to sell your house and you’ve done a thorough job interviewing agents, as we explain in Chapter 7, your agent can probably recommend several stagers. In the event your agent is unable to suggest anyone, she should ask fellow agents in her office and her office manager for advice.

Think Again: Avoiding Major Improvements

You’re about ready to sell your home, and you realize (or perhaps already know because you had the premarketing inspection we recommend in Chapter 7) that your house needs a new roof, a new foundation, new copper plumbing, kitchen remodeling, or bathroom upgrades. What’s the best way to handle major expenses like these?

At this stage in the marketing process, you shouldn’t bite off more than you can chew. If you only have a few weeks before you want to put your house on the market, you simply don’t have the time to manage a huge project. Rehabs, larger and small, have two things in common:

  • No surprise number one: All rehabs take longer than you thought they would.
  • No surprise number two: All rehabs cost more than you thought they would.

If you have to ask how much longer or how much more, you’ve never done a rehab. If your house is in need of a major improvement, heed the two following points:

  • Don’t spend big bucks on major improvements. For example, don’t install a new roof just before putting your house on the market. As we note in Chapter 14, a wiser plan is to give buyers a credit in escrow to cover the repair cost. Prepare for negotiations regarding the credit by getting several competitive bids for the corrective work from reputable local contractors, and then base your credit on the lowest realistic bid.

    Why offer to give the buyer a credit in escrow? For one thing, you can avoid a huge out-of-pocket expense by handling the repairs this way. Furthermore, this arrangement allows the new owners to have the work done by their own contractor whenever they want after the sale is completed. Last, but not least by a long shot, if the buyers have problems with their new roof after the sale, the repair is their problem — not yours. You aren’t liable for their contractor’s work.

    tip Be sure to check whether your buyer’s lender will approve the credit. Most lenders limit the amount of credit a buyer can receive. If the lender rejects the credit amount, consider either lowering the sale price or combining a price reduction with a smaller credit.

  • Don’t do a major rehab of the kitchen or bathroom. You generally can’t increase your sale price enough to fully compensate you for all the work and money you put into these projects. Furthermore, you can’t guess the next owner’s preferences in toilets, tile, and tubs. Don’t even try. Odds are that you’ll make the wrong decisions on appliances, cabinets, colors, finishes, and other design choices. A much better plan is to reduce your asking price so it reflects that your house has an old kitchen or bathroom instead of squandering your time and money on a major remodeling job that people may dislike.
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