Wednesday

Think of Your Home As "Always For Sale"

There are really 3 basic things that impact the salability of a home:
· Location
· Condition
· Price

If you own the property, there is nothing you can do to change the location. It is what it is. But you do have control over the condition and the pricing of your home when you go to sell it.

I recommend to anyone that will listen, that they maintain their home in a condition that will allow them to put it on the market in a moment’s notice. You never know when a job relocation or a change in your financial situation might occur. Or perhaps the house you’ve coveted down the street comes on the market and you want to pursue its purchase. Suddenly you’re faced with getting your house ready to sell. It’s far easier if you’ve kept it updated all along than it is to suddenly scramble. More often than not, sellers in this situation will decide to forgo updates rationalizing that the future purchaser will want to personalize the property themselves – the result often being the house sits on the market longer and will likely sell at a price lower than if the property had been maintained and updated.

Most of us eventually sell our homes. I suggest if you haven’t already started that you begin today, preparing your home for sale – even if that sale might not take place in the foreseeable future. Vigilant maintenance and updating will ease your burden when it is time to sell – and guess what? You’ll probably enjoy living in a well maintained and “fresh” home until you do sell. And yes – when you do sell the odds are greater that your house will stand out – selling quicker and for a higher price.

If you’d like an independent perspective on what you could do now to make your home the best value on the market when you go to sell, please contact me. I’ll be glad to provide my observations and recommendations.

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