“Knowledge is Power”
By Ruben Perez
In today’s market the savvy seller understands how to make their home outshine other real estate without spending money on unnecessary repairs. In our last installment, subtitled “The Clean Sweep”, we discussed the importance of clearing clutter and creating a clean light filled environment. Additionally we discussed the importance of seasoned professionals to help you in the sale of your home, potentially a professional stager and without question a realtor, such as myself, with a proven track record of excellence.
Now we can begin to look at your home and make informed decisions about where repairs might be worth doing. This is where I recommend getting a home inspection. It may sound unconventional, but why wait until you are in closing to find out potential problems with your home? Paying up front for the inspection yourself can actually save you money and time. It can expedite the closing process, instead of having it slowed down, and it puts you in control of the negotiation not the buyer. Statistically, buyers will ask for a $2 to $3 discount for every $1 dollar of perceived defect that is revealed by a home inspection.
Once you have done the inspection you can make informed decisions about the value of making individual repairs. Again this is where having a tried and true real estate professional can be your strongest asset. A seasoned professional, such as myself, can help you to determine which repairs will add to the value of your home and which will be an unnecessary and unrecoverable cost in the selling process.
Knowing what repairs need to be made to your home gives you the power to make the decisions that are right for you. It will expedite the closing process and could also entice buyers who appreciate a stress free closing. Stay tuned for next week’s installment: The Outside Story.
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