Why your fixer upper home may not be selling….
Improving your chances of Selling your Buffalo Home
With all the negative news that the media is presenting it is hard for potential Buffalo home sellers to think that it will be anything but an uphill battle. and you may feel like you have fallen into the Listings Black Hole. There are things that a seller can do to improve the chances of a sale by preparing their home. Understanding the challenges is the first step in ensuring a successful sale of your Buffalo Home.
Our team shows a lot of homes to buyers and we see the buyers reaction to homes for sale. Let’s face it many of today’s Buffalo home buyers are stretching to purchase that first home. They may not have the money to make updates and improvements once they own a home. These buyers are looking for a deal and in their eyes it is a home that needs no modification and is well priced. They are more willing to spend more money in the purchase rather than paying less and fixing up the home themselves after the purchase.
Smart Sellers Understand the importance of Condition
What is different? Buyers are understanding what home improvements cost to replace carpets, remove wallpaper, refinish hardwood floors, renovate bathrooms and kitchens. Even if they do it themselves, they may not have the time to invest in making the house they purchase into the perfect home for them. Buffalo area home buyers are willing to pay to purchase a home that is show room ready. If the home is not in perfect condition, it will have to have a very attractive listing price or they will pass it by.
Read Also: How can I get my home SOLD faster?
Improving the Condition of your Home for Sale
Now that you know that condition is a driving factor in buyers decision; what are you going to do? Does this mean that you have to undertake costly renovations to sell your home? If you are not going to get a professional home stager to stage your home, there are some things that you can do to improve the condition of your Buffalo Home for Sale.
Read Also: Should I stage my Western New York home?
Ways to improve your home’s condition include:
- Get rid of the clutter! The more open space you have, the easier it will be for potential buyers to envision their belongings in your space. Have a garage sale, box up everything that you don’t need and put it in storage, etc.
- Depersonalize your home as well. Photos and momentos that draw attention to itself takes away from the home. You want the buyer to see the house, not your stuff.
- Have wallpaper? Get rid of it and paint the walls a warm neutral color, white walls or too colorful can evoke strong reactions from buyers and if they think they will have to do changes they may think twice about your home.
- Keep everything organized. Growing up, you could shove things in the closets and under the bed to make your room look clean. Potential buyers will open door and look in cupboards. Make sure everything is organized and clean! Read Also: Western New York Showing Advice for Sellers
- Your home should always smell as clean as it looks. More buyers are turned off by household odors more than they are by a little clutter. Especially smoke and pet odors. Open the windows often there is never anything better than fresh air. Keep a scented candle burning and take the smoking outside and ensure that the litter box is kept fresh!
- Make sure your home is spotless. Make sure that word work is dusted, floors are clean and freshly vaccumed. No dishes in the sink, towels hanging neatly in the bathroom. Basically your home should sparkle! Read Also: How to make glass sparkle before your home showing
- Bright and Airy. Make sure all curtains and blinds are open to let the sun shine in! Dark homes are very undesirable by buyers, so show your home off with lots of light. Clean all your windows and mirrors as that will add to the brightness of your home. Also put the highest watt light bulbs in every light fixture. If you are home just before the showing, turn all the lights on before you leave.
- Is your home warm and comfy? Read Also: Staging Your Home – It isn’t always all about what you see…
- Don’t forget the landscaping. Your front yard is the first impression a potential buyer will have of your house for sale. Many times buyers will avoid it if it looks like the home as not been maintained. Keep your grass well trimmed, edge the driveway, walkways and weed the flower beds. You want your front yard to look like it was professionally landscaped.
There are buyers out there looking for fixer uppers. They are investors that are looking to purchase a home at a very low price that they can put a minimal amount of money into and turn around a sell them at substantial profit. They are a patient group of buyers. Sometimes they will offer you a “Low Ball” offer or they will wait until you become realistic in your pricing and then pick up your home for a price that they are comfortable with. So the effort you make to improving your home’s condition may worth the effort.
Thinking of selling your Erie County home? Interested in finding out the current market value of your single family home, condo or investment property? Then call www.BestBuffaloHomes.com at (716) 650-0051 to discuss what is happening in today’s Western New York Real Estate Market. We would be happy to give you a personalized Comparative Market Analysis for your home or assist you to purchase a home. View additional WNY Market Area Statistics here.
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All Statistics are gathered from the Buffalo Niagara Association of REALTORS®. Properties found on this Web site may be listed with a brokerage other than the owner of this site and are displayed here via the Internet Data Exchange (IDX) system of this broker’s MLS. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing nor displaying broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2012 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.