Are you thinking about selling your home in Niagara? Have you been thinking of selling it by yourself instead of hiring a real estate agent? There are several advantages of selling your home yourself, but there are disadvantages as well. To make it easier for you to make a decision find the most important pros and cons below.
The most important PRO for selling your home yourself in Niagara is MONEY. Selling your home without the help of an agent means more Money in your pocket! By selling it yourself you save the commissions and fees. – We are not talking about pennys, we are talking about THOUSANDS of dollars which you would have to pay an agent. Another advantage is that you are able to decide the times for open houses and showings. It is also completely up to you where and when you want to advertise. Unlike a real estate agent who is selling many houses, you can focus on YOUR house, because you are only selling your own house. It is obvious that you will have more interest in the sale than an agent.
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Selling a home in today's economy is a pretty difficult proposition. There are tons of homes for sale now so to be able to sell a home it must 'pop'! If the home has walls that need repair because of cracks and paint that is flaking or just generally appear dirty or too outdated, the home will not sell very quickly. With so many homes on the market now the buyer will just move to the next home that is more appealing and looks like it has been kept in good condition and updated. Newly painted walls and ceilings will make a dramatic difference in how well the home will sell.
It is generally accepted in the real estate industry that home renovations that will expedite the sale of the house are updating the bathroom, the kitchen and painting the interior. These are just basic ways that any real estate investor uses to make their property sell quickly. Interior painting is a quick and easy way to increase the resale value of the property. Freshly painted rooms will make the home look well cared for and clean which is something that is very appealing to any buyer. If the home shows sign of wear and tear like holes in the walls, cracked surfaces, stains from water leaking this is the kiss of death for the seller. Today's home buyer is very aware of all the little defects and potential problems with properties. Doing a quick fix kind of paint and repair job will not pass the scrutiny of buyers.
The choice of colors is also a big factor in raising the value of the property. Neutral colors are usually used in homes that are up for sale so that the buyer will feel that their own furnishings will fit well into the home without them having to paint before moving in. White use was once the standby but this is not a good color to use. Softer, more neutral and warm colors will make the buyer feel comfortable, relaxed and cozy. Colors that are dark and trendy are not the best idea because these may not relate to the buyers idea of décor and be a deterrent to them.
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When painting your home for resale, choosing the right colors can make a huge difference in your paycheck at closing. For instance, did you know that the exterior color of houses selling most quickly is a certain shade of yellow, but that choosing the wrong shade of yellow can kill a sale?
You'll find many brochures in paint stores, showing various combinations of exterior paint colors. But most people don't realize that most of those combinations actually include three colors, and not just two. Limiting your exterior paint scheme to just two colors also limits your income potential.
For a fast sale, think fun colors and go for a third, or even a fourth, exterior color. Think "Disneyland Main Street," where every shop is painted in glorious multi-colors. Adding more colors will also add definition to the various architectural details of your home. Use gloss or semi-gloss paint on wood trim.
The Psychology of Exterior Colors
When choosing exterior colors, take the sales price of your home into account. Certain colors, especially muted, complex shades, attract wealthy or highly-educated buyers, whereas buyers with less income or less education generally prefer simpler colors. A complex color contains tints of gray or brown, and usually requires more than one word to describe, such as "sage green," as opposed to "green."
When getting ready to paint your house, look at the colors of neighboring houses and choose colors that harmonize, yet stand out from the crowd. Colors that clash badly with other houses will detract from the overall neighborhood.
At the beginning of the article, I told you that homes with yellow exteriors sell the quickest. But which shade of yellow sells best? First, the yellows to avoid: yellows with green undertones look sickly to most buyers, and yellows with orange undertones give buyers an impression of cheapness.
The best-selling yellow exterior color is actually a pale, sunny yellow, especially when complimented with one or more carefully-chosen accent colors. For instance, a semi-gloss white trim will give your home a clean and fresh look, and adding a third color, such as green, can make your home even more attractive to prospective buyers.
Colors affect human beings in many ways, and by using the principles of Color Psychology, you can make your home stand out from the competition, sell more quickly, and at a higher price.
(c) Copyright 2014, Jeanette J. Fisher. All rights reserved.