To-do list for property preparation

Property Exterior

  • Property painted, repaired
  • Front door & door area freshly painted, polish the door knob and house numbers.
  • Put a seasonal wreath on the front door.
  • Porches, stairs, and walkways swept at all times
  • Nice door matt at front and back doors
  • Trim freshly painted
  • Doors work easily and silently
  • Doorbells operate
  • Windows in good repair; clean
  • Consider a new mail box or slot

Yard

  • Fence in good repair
  • Walkways and driveways in good repair; swept
  • Clear leaves, newspapers, litter
  • Hedges trimmed-at windows, trim so windows are exposed
  • Trim low hanging tree branches
  • Eliminate dead branches, stalks and blooms
  • Add colorful flowers around the home
  • Weed flower pots and beds
  • Lawn cut & green
  • Plantings have been watered and look healthy
  • Put away toys, bikes, lawn tools, etc…
  • Upgrade or add exterior lighting for the property to sparkle at night showings
  • Clean gutters
  • Fences, gates and hardware in good repair

Living Room

  • Walls and ceiling freshly painted; clean; free of smudges, fingerprints and dents.
  • Window coverings clean and in good condition
  • Furniture aesthetically arranged
  • Fireplace clean; consider a fire in the fireplace for open houses
  • Appropriate temperature

Eating Areas

  • Set the table with pretty dishes, placemats, flatware and candles 

Kitchen

  • Range and oven clean and in working order
  • Clean kitchen hood
  • Fix slow drains
  • Kitchen cabinet faces clean and in good condition.  If they appear worn, painting them is a cost effective to make them look fresh and new.  New chrome hardware makes them sparkle.
  • Walls and ceiling freshly painted and/or clean
  • Sink and counters clear of dishes and kitchen appliances
  • Cupboards neat
  • Floors clean and in good condition-repair or replace if necessary-I can help you pick finishes if necessary.
  • Clean seals at oven, refrigerator and dishwasher doors

Bedrooms

  • Walls and ceilings freshly painted; clean
  • Beds made-curtains and bedspreads neat and attractive
  • Clothing put away and hung neatly
  • Closets neatly arranged-remove extra items, make closets look like there is room for additional items
  • Toys, belongings put away
  • Window coverings clean and in good condition

Bathroom(s)

  • Walls and ceilings freshly painted; clean
  • Floors/tile clean and in good condition
  • Replace or repair grout and caulk as necessary
  • Curtains/window treatments clean and in good condition
  • Shower or tub tile clean
  • Shower glass clean or new shower curtain
  • Faucets in good condition; no leaks
  • Fix slow drains
  • Toilet lids down
  • Vanities, sinks, and shelves cleared of personal items
  • Your best guest towels out
  • New soap in the soap dish

Basement

  • Stairways clear, painted and with handrail
  • Windows in good repair; clean
  • Floor clean, clear of obstacles
  • Area neatly arranged

Garage

  • Door(s) open easily and quietly
  • Paint fresh and/or in good condition
  • Workbench and tools neatly arranged
  • Floor clear of debris and free of grease

In addition:

  • Have presale inspections such as structural pest inspections, roof
  • inspections, and sewer inspections.  Get estimates of repair costs to present to the prospective buyer as part of your disclosures.  This will be a good way to pre-negotiate with buyers, making sure they are serious at the start of your contract.  I can help you coordinate this.
  • Pull together all warranties, appliance, and operating manuals to remain with the property to pass along to the new purchaser.
  • Tighten loose door knobs and hardware
  • Clean mirrors, picture frames and glass.
  • Electrical items, such as lamps, are plugged in and usable
  • Fix warped drawers
  • Tighten loose banisters
  • Turn on lights; make sure burned out light bulbs are replaced
  • Lamp shades in good condition
  • Make sure light switches and outlets work; replace damaged or discolored covers
  • Lubricate squeaky or sticky doors
  • Consider hiring a cleaning service; this will relieve pressure and have a more professional look.  Keep everything extra clean; for example, clean fingerprints from switch plates, mop and wax floors, clean the stove and refrigerator.  A clean property looks like a well-care for property.
  • Wash all windows, clean window sills, wash blinds
  • Have carpets cleaned
  • Consider replacing out of date light fixtures
  • Get rid of all items you will not be moving-reduce clutter, have a garage sale, donate to charity or hire a hauler to take unusable items to the dump.  Store seasonal closing, pre-move-consider a storage facility.
  • Remove some furniture to make spaces look bigger
  • Remove damaged or badly worn furniture
  • Consider taking on minor repairs that can make a bad impression.  Sticky doors, torn screens, cracked, or moldy caulking, or dripping faucets.  These are easy items that when not done, make the property look uncared for.

 

Preparing for showings

  • Heat or cool the property appropriately
  • Remove or isolate pets-they may be a problem for visitors
  • Air out the home; if there are any offending odors, like litter boxes, or pet stains, eliminate them
  • Hide valuables such as cash, jewelry, or other small valuable objects; it is not possible to watch everyone in the property.  If there are tenants, please notify them of this as well.
  • In general, consider how you would perceive your home if you were a prospective buyer
  • Open shades and blinds.  Consider changing to shear window coverings that allow more light into the property.
  • It is best to show your property if you are not present.  Buyers will feel more at ease to check out your property completely if you are not there.
  • At night, please light property appropriately for viewing and safety
  • Additional touches such as a fire in your fireplace or quiet music are always nice
  • Neatly arrange, or stack magazines and newspapers

The importance of staging

We always knew it was important, but in this New York Times article, it makes it abundantly clear that preparing your home for sale in the BEST possible light nets you more money in your sale.

I know, I know-‘a new buyer will want to remodel and make it their own’, ‘they will have to look past the clutter’, ‘they can measure the garage to see if the car fits’.  Well, ok-if you are willing taking less for your home.

Mr. or Ms. Seller, if you thought you could get away with doing less and selling your home for top dollar-this article should put that in perspective for you.

New York Times article here. Thank you Nancy Meyer for sharing this.

 

Time to move up in San Francisco?

If ever you think it’s time to move-up in San Francisco and get the most advantage out of the market you can, this could be a great time.

Here’s the thing.  It only works if you have some extra cash, or equity in your home.  With financing available, but lenders scrutinizing more, you need to qualify for the mortgage.  With rates lower, your good credit rating, and your equity, you may be able to get more for your money than you thought!

Time to move up in San Francisco-SFGate

Proposed bill to limit seller financed real estate deals

This article happens to be from the Orlando Business Journal, but it does talk about a Federal bill that would limit seller financed real estate deals.  I find this particularly disturbing, as not the feds are getting involved in making sellers banks that are being regulated.  Given the economy and the difficulty of some buyers getting financing, seller financing may be the only option.

Bill to limit seller financed real estate deals-Orlando Business Journal