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