 Sally Chvany, Professional Organizer  Owner - Acme Organizing  617-872-8543   Eileen Maxcy, Realtor  Coldwell Banker Residential.

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Presentation transcript:

 Sally Chvany, Professional Organizer  Owner - Acme Organizing    Eileen Maxcy, Realtor  Coldwell Banker Residential Brokerage   Home Sale Preparation: It’s Never Too Early to Start

Today’s topics  Market update  The 4 P’s for a Successful Sale  Best Return on Investment

What’s really going on in the market?  Real data  Good news

 Burlington

Cambridge

Watertown

Middlesex County Single Family Homes % % Inventory* % Solds 10, % Avg. Sale Pr $545K $510K +7% Days On Mkt % * *Active homes for sale on 3/8/13 vs 3/8/12 Info taken from MLSPIN the Multiple Listing Service for MA

Getting Started  It is a big project and it is daunting. But it is not impossible  Break down into parts or buckets and make it manageable  You are the Project Manager  Assemble a team

The Four Ps

The Plan  Choose a Realtor/Project Manager  Setting a time line  What about money & price?  Where are you going?

The Price  Part Science…part Art  CMA & Needs assessment  Current competition  Re visiting price

Preparation  Curb Appeal  De clutter  CLEAN sells!  Less is More  Repairs/Updates

Presentation: Your House The Rest of the Pack Exposing the property -  Great Pictures  Internet…Internet…Internet  Caravan…Open Houses…Signs  Get Social

 Property Pictures

Bad Photos

Better Photos

Best

Long Term Property Improvement Projects:  What makes sense?

Top 5 Improvements:  1. Minor Kitchen remodel 88.5% 2. Deck Addition (wood vs composite) 86.0% 3. Entry Door (steel vs fiberglass)80.9% 4. Attic bedroom remodel78.1% 5. Siding replacement (vinyl)78.1% Cost vs. Value Report 2013 – a survey by Remodeling magazine in cooperation with REALTOR® Magazine

Long Term Property Improvement Projects:  What doesn’t make sense?

Worst 5 Improvements: 1. Home Office Remodel46.2% 2. Sunroom Addition51.0% 3. Bathroom Addition55.8% 4. Backup Power Generator59.1% 5. Basement Remodel62.4% Cost vs. Value Report 2013 – a survey by Remodeling magazine in cooperation with REALTOR® Magazine

Big Bang Short Term Projects:  Paint  Carpet  Refinish Hardwood  Paint or replace front door  But.....

The 2 BEST investments you can make are Organizing & De-cluttering

 Thank you