HOW TO PLAN?
Over the past month we spoke about options HOW to enter the Real Estate market in order to meet your personal objectives.
RENT or PURCHASE or LEASE TO OWN?
Now let’s talk about the factors which may impact the sale of your home and how to mitigate any issues before you list the home.
This is important for a seller but also for a prospective buyer who will be eventually become a seller in the future.
Data shows prospective homebuyers are judging listings well before they step inside – with curb appeal and neighbourhood upkeep ranking higher than interior flaws.
WHAT’S NEXT?
STEP ONE
Prepare a SWOT analysis with your agent before bringing your home on the market.
Questions to ask yourself:
What’s the property’s STRENGTH – WEAKNESS – OPPORTUNITY – THREAT
STEP TWO
After you have completed this process what are the areas we need to address and can we create improvements and turn a WEAKNESS into a STRENGTH.
Such as;
Poorly Maintained Neighbouring Homes or Missing Curb Appeal
SOLUTION
- Enhance the Curb Appeal to Attract Buyers
- Ensure the photos are a true reflection of the reality – declutter the home,
depersonalize the home - fix areas that need attention, paint, small repairs.
- Understand Your Local Market, often forgotten but essential.