Tuesday, June 12, 2012

Getting Your Home Sold In A Tough Real Estate Market

Connect with me
http://www.SoldByBillCox.com ~ Website
http://blog.SoldByBillCox.com ~ Blog
http://www.FB.com/SoldByBillCox ~ Facebook
http://twitter.com/SoldByBillCox ~ Twitter


Although the Real Estate market is improving in 2012, it is still a buyers' market. However, there are steps a seller can take that will assure them of getting their home sold quickly and getting a fair price.

According to the MLS of Catawba Valley, homes in Hickory, NC are selling for 90% of list price with an average marketing time of 183 days. Keep in mind, this 90% does not include any closing costs the seller may pay for the buyer or the seller's own closing cost, but on a positive note, if the average is 90%, then that means there are homes selling for 93 -- 95% of list price.

Here are some steps a seller can take:

In preparing your home for the market, spend as little money as possible. Concentrate on making minor and inexpensive touchups to your home, rather than extensive and costly renovations. While prospective buyers may be impressed by a brand new roof or a modern kitchen, they aren't likely to give you enough extra money to pay for the renovations. Putting new knobs on cabinets and a fresh coat of neutral paint in the living room are more practical and less expensive updates.

Sellers should take the time to maximize the exterior and curb appeal of their home before putting it on the market. This can be done by:
• Keeping the lawn edged, cut, and watered regularly
• Trimming the hedges, weeding lawns and flowerbeds, and pruning trees regularly
• Adding some fresh mulch, rock, or stone to the landscaping
• Checking the foundation, steps, walkways, walls, and patios for cracks and crumbling
• Inspecting doors and windows for peeling paint
• Cleaning and aligning gutters
• Inspecting and cleaning the chimney
• Repairing and replacing loose or damaged roof shingles
• Repairing and repainting loose siding and caulking
• Re-sealing an asphalt driveway
• Keeping your garage door closed
• Storing RVs or old and beaten-up cars elsewhere while the house is on the market
• Applying a fresh coat of paint to the front door

• A seller should take the time to give each room in the house a thorough cleaning and remove all the clutter. This alone will make your house appear bigger and brighter. You may give some thought to renting a storage unit and storing some of your furniture or collectables. 
• Remove the less frequently used items from kitchen counters, closets, basement, and attics: this makes these areas much more inviting. Since you're already anticipating a move, you may want to consider holding a garage sale at this point.
• Repaint dingy or strongly colored walls with a neutral shade of paint
• Check basement and attic for cracks, leaks, and signs of dampness.
• Repair cracks, holes, and damage to plaster, wallboard, wallpaper, paint, and tiles.
• Replace broken or cracked windowpanes, moldings, and other woodwork.
• Inspect and repair the plumbing, heating, cooling, and alarm systems.
• Repair dripping faucets and showerheads. 
• Spruce up a kitchen in need of major remodeling by investing in new cabinet knobs, new curtains, or a coat of neutral paint.
And finally, when you are ready to put the home on the market, price it to sell. Too many times a seller wants to put their home on the market at a higher price with the intentions of coming down on the price later. Please understand, when a home is on the market for a long period of time, buyers think the home has a problem and that creates low incoming offers.
Therefore, by getting the home ready to sale before marketing and initially pricing the home to sell, you can improve the odds of getting your home sold quickly and at a fair price.


  1. This comment has been removed by the author.

  2. Succeed! It could be one of the most useful blogs we have ever come across on the subject. Excellent info! I’m also an expert in this topic so I can understand your effort very well. Thanks for the huge help. Property website in pakistan

  3. This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here! keep up the good work Houses for sale in Lawrenceville

  4. I am come here first time, i find the perfect article. Thanks for sharing interesting and informative post. North Carolina Gutter Contracting company

  5. I enjoy examining the website to view what qualities are for sale to lease....i wish there were a lot more....and so i hope there was much more animal helpful item listings. Katherine Saunders is an excellent person, though....he is an excellent property manager!

  6. I learn some new stuff from it too, thanks for sharing your information. sửa chữa nhà tại hà nội

  7. Paint the kitchen cupboards. A simple kitchen home improvement venture that most anybody can do is to repaint the cupboards. A dull, dead kitchen can without much of a stretch be breathed life into back by another layer of paint on the cupboards.View this page

  8. If you don"t mind proceed with this extraordinary work and I anticipate a greater amount of your magnificent blog entries.  Air Conditioning Repair

  9. Thanks for your post. I’ve been thinking about writing a very comparable post over the last couple of weeks. I’ll probably keep it short and sweet and link to this instead if thats cool. Thanks. properties for rent in Malta

  10. This is such a great resource that you are providing and you give it away for free. I love seeing blog that understand the value of providing a quality resource for free. FSBO Detroit

  11. A very awesome blog post. We are really grateful for your blog post. You will find a lot of approaches after visiting your post. I was exactly searching for. Thanks for such post and please keep it up bill unit repair

  12. Back then there were programs allowing an investor to purchase a home for 10 percent down or left in as equity doing a 90 percent cash out refinance giving me back roughly $40,500. zillow ocala fl 34476

  13. Obviously in case you're home improvements are for yourself sell a portion of the old mess you never again need, this will give you more space and opportunity.minde

  14. You will discover a ton of methodologies subsequent to visiting your post. I was actually scanning for. A debt of gratitude is in order for such post and please keep it up. Incredible work. บ้านมือสองนนทบุรี

  15. Thank you very much for this great post. I read that Post and got it fine and informative. Please share more like that. Hope Mills NC Home Inspection

  16. Experiencing the last piece of this article, you will see exactly how significant planning and home improvement should be possible which will help set aside you cash and improve your home.local plasterer in Coventry

  17. This is cool post and I appreciate to peruse this post. your blog is phenomenal and you have great staff in your blog. pleasant sharing keep it up. commercial locksmith jacksonville

  18. I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post. Limpieza de comunidades

  19. A roof inspection should be performed several times a year to ensure no cracks have formed. Cracks will lead to leaks which can then lead to all types of problems inside your home. Regular inspections will keep this from occurring and save you a lot of money in the long run.reroofing lakeland

  20. I think this is an informative post and it is very useful and knowledgeable. therefore, I would like to thank you for the efforts you have made in writing this article. Superior Home Inspections is located at 261 Kings Creek Dr Apt 304 in Fayetteville, NC 28311

  21. In addition, the presence of part time SEOs as well as the entry of newbies into the market could have let to the low rates of turnover due to low operation capacity. off page seo

  22. hi was just seeing if you minded a comment. i like your website and the thme you picked is super. I will be back. pressure tank reviews

  23. If you are an owner of a luxury home desirous of selling it, you might be surprised and disappointed to find that there are not many takers for it.SUBZERO VIKING REPAIR IN LOS ANGELES

  24. I can see that you are an expert at your field! I am launching a website soon, and your information will be very useful for me.. Thanks for all your help and wishing you all the success in your business. Maid Service