What NOT to fix when selling a home. Tips to sell your house faster!
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- Опубліковано 27 кві 2024
- Here are 5 tips of what not to fix when selling a home! Do you want some tips that will save you time and money when preparing your home for sale? Then listen to this short video 🎬 by Maria Wells for more information.
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I’m Maria Wells, Broker Owner of Lifestyle Realty Group on the Treasure Coast of Florida 🏝 serving, Palm Beach, Martin and St. Lucie Counties. I have expansive knowledge to share with my clients having been 2017 State President of Florida Realtors the second largest state trade organization serving 180,000 members and 2019 Region 5 VP for the National Association of Realtors. I live in Jensen Beach Florida with my husband, where we raise Orchids🌸, polish up our Harley’s 🏍 and enjoy our grown children and one new grandson.👶🏻 🍼
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Very good advice! Your house can't be "too clean." Clean and no clutter sells.
Paint it, replace the roof if leaking, do basic landscaping. Cleanup up all your junk inside. That’s all. 👍🏻
You are so right, thanks for watching
She's so right. When we sold our home, our real estate agent was like upgrade, upgrade, upgrade. We didn't have the time or money to do all that upgrading so instead we offered a credit (if and only if) the buyer made a big deal about it. Yes, it took us a little longer to sell the house; but our location was great. Eventually someone saw the light. We lowered the price slightly instead of all the upgrades; it made it easier for the buyer to pick what they wanted for the kitchen and flooring after they moved in.
I have experienced the opposite problem. Do nothing, leave it ugly, under code, damaged, (it was like this when I acquired it), outdated. Then they dictated I had to keep my price as low as the other outdated ugly units not selling and seemed to think this would generate them a quick buck!!! I didn't fall for it and none of those other units with no effort sold. Now I met an agent about a year later, who I think might be a happy medium and possibly the right fit and answer. A good compromise. We are visual creatures, you have to stand out and lure people, draw and attract buyer's. Beauty does that and that's what holds people wanting it. Speaking as a buyer myself, I know the psychology!!! I personally prefer a property that is renovated and upgraded, not crazy or absurdly, not overgrade, but I love a renovated home and will pay extra as opposed to one I'll have to pay astronomical amounts and be troubled to do myself. It isn't easy finding reliable plumbers and contractors to come let alone be affordable. I had kitchen contractor tell me he wouldn't bother coming to my unit if it wasn't at least a 30 grand job for the kitchen alone. For what's considered below 200k condominium, that's definitely crazy and overgrading. There are ways to improve that will make a sale, that are worth it but won't hurt so much financially. I ended up finding a company that teaches at a high school tech carpentry program. They did an exquisite job installing new Luna winter and white barne laminate in my kitchen peninsula and counters that turned out to brighten up and lighten up beautifully transforming a gloomy unit and the colors /styles complimented the pretty sea salt grey walls I have. I found a cheap wall paper guy to complete my peninsula base and backsplash, we are gonna try to paint or hire someone depending on the rate but there are ways to modernize that will guarantee a sale generating without wasting a lot of money that can go towards your next home which lets be honest, is where we want it to go. But we can't accomplish that without making a sale and that all starts with attraction. People must be lured in, and visual appeal is what sparks desire & curiosity.
Someone watched this video when I bought my current house. The kitchen and bathroom are desperate for a reform, but the seller wisely skipped them and left them to me. As I intend to live here for a long time I don’t mind, but i would certainly have loved if any of those two were modernised.
Hopefully the home you bought was priced accordingly for the remodeling needed. Typically the nicely remodeled home will go for more money to account for what had to be spent to do it. Thank you for watching
@@TreasureCoastFl as they’re functional so far I’m not too bothered. They’re hopelessly dated, though.
I totally agree. We're painting inside and out and focusing on repairs and replacing broken items like leaking faucets. Also sprucing up the landscape and changing out light fixtures/bulbs, but those are inexpensive things that can make a big impact.
Thank you for watching! It's always the little things that make a big difference.
This is so true. I look at homes for sale and you can tell the re-did the floors or the kitchen or paint, and the first thing I notice is that and think that would be the first thing I would change, I rather they concentrate on the big items like hvac, roof, foundation, plumbing, electrical, etc rather than cosmetic.
My roof is 10 years old, I was going to replace it. I have no leaks, just thought it looked weathered. Thank you for that tidbit!
In Florida roofs need to have 5 years of life left. Depending on materials, some last longer and some don't. If you are going to live in your home for a while, and if you can obtain a good price on a roof, it may be worth replacing. Thanks for watching
That would have been stupid. Don't fix what's not broken.
A useful way to think about this is to categorize potential work to be done as maintenance and as impovements. Long ignored maintenance can be a turn off to a buyer. Repair as your budget allows before contemplating a sale so you get to enjoy the results yourself for awhile and spread the costs out. A hired inspector won't have as long of a descrepancy sheet to show to the potential buyer. Improvements probably rarely pay for themselves because the potential buyer doesn't care. They are buying what they see, not avoiding what was.
Refreshing honesty, thank you.
Thank you for watching. If I can answer anything for you, please let me know.
One of the BEST videos on this subject. Thank you
Wow, thank you! I appreciate you watching my channel
Great suggestions!👍
All good tips. You're going to have to pack up your clutter to move it, so do it before you put your home on the market.
Exactly! Thank you for watching
This was a helpful video. Well done.
Thanks for sharing, good advice
Great video! Very clear and concise.
Thank you for the comment and for watching my channel.
Some very wise information.
Great tips. Thanks. 😊
You are so welcome! Thank you for watching my channel
Love your videos! What you said about a smelly home really resonated in my olfactory memory! When we were home shopping a few years back we checked out a house that absolutely stunk! Our realtor shared why....the homeowner painted the inside of the house and was smoking cigarettes while doing it. It was horrible and we didn't stay long inside.
Thank you for watching my channel! You are so right about the smell, it can totally make a buyer walk right out the door!
The other thing is if people have dogs and carpeting. Stinky
In my (strict) Florida neighborhood, the HOA stipulates that EVERY house must have the same exact shingle (Owens-Corning Duration) and the same color (Desert Rose). After Hurricane Ian there was a shortage of O-C shingles and people had blue tarps for a year or more.
Thank you for watching. I remember how awful it was only having blue tarps. Now we are at a point that most of those roofs have to be replaced again because of our insurance issues in Florida
thanks for the tips ..im selilling my home because the cost of remoldling has be come beyond the scope of my financial capabilities thanks to the pandemic covid and the cost of hardware and material that skyrocketed ,I have not much choice in but toosell ,
Too many sellers leave pictures, junk, refrigerator magnets, etc. Sellers need to declutter by throwing stuff out or renting a storage facility and get all but the bare necessities out.
I agree. I don't know if you watched this video where I go more into detail on what needs to be done to prepare a house for sale. lifestylerealtygroup.live/Staging-a-home-on-a-budget
Excellent!
Thank you for watching!
Wow.... I am selling for sale by owner and this is my third time and I think you just rocked this video..... It reeks of honesty...by MY experience... ...and to be honest with realtors are not for the most part, "skin in the game" enthusiastic or honest..thx for the vid!!
Thank you for watching. I'm saddened you haven't had the experience or working with a professional Realtor. There are many of us who want to do a great job and tell you what you need to hear versus what you want to hear. Best to you
@@TreasureCoastFl lol..don't get me started! 😊 thanks
Just watched another video before this one with exactly the same advice. So, probably, this is how it should be. 😊
Glad it was helpful!
All good, except I disagree about the kitchens & bathrooms.
My house has an older oil furnace and if I decide to sell , would it be smart to install a new gas furnace and AC before selling it?
Yes, that would add value to your home. Thank you for watching
I'm saving up for my home repairs but will still sell "As Is"
then I can use the money for something else
I have a house in Redington Shores Florida. Thinking about replacing the windows with impact windows and then sell it. What's your opinion?
You could have a double win with using funds from Florida for the My Safe Florida program.
ua-cam.com/video/C8T8ji6qOQE/v-deo.html. This would be a homerun.
If it don't need fixing don't fix it. Underlayment is a factor when changing any flooring.
What if you think that your home has mold under the upstairs bathroom?
Mold absolutely needs to be remediated by a licensed contractor specializing in this type of removal. It will be important to have the certified inspection and certificate the work is complete to show a potential buyer it has been done correctly. This is something you will need to disclose. Thank you for watching
@@TreasureCoastFl Thank you!
Thank you. You are awesome ❤☎📞
my bathroom is in bad shape, two taps are leaking and the electrical is not functioning. should I remodel?
If your bathroom is in need of repairs and sounds like a possible remodel, it would most likely be worth the investment. However, if you are going to do it, do a nice remodel. If you don't remodel, you will need to reduce the price of your home for a buyer to do that improvement. Another question, how is the rest of the home? If the bathroom is the only area needing remodeling then it would be worth doing. If the rest of the house is in need of repairs too, then you may consider not doing a remodel and price your home accordingly. Thanks for watching my channel.
It sounds like you don’t need a remodel but you need repair instead. Sounds like those are inspection issues so maybe fix them?
No, you need to do basic maintenance which obviously you have not done.
0:42 Don't do it that way. Those flex pipes will not pass a code inspection.
Thank you for the response. That is just a photo to show someone fixing a house, not a recommendation on how to address plumbing. I'm sorry if it was confusing. Thanks for watching my channel.
My entire house is Pex plumbing.
She's right with the exception of old roofs. Most homeowners with old shingle roofs pray for damage due to weather so their insurance will replace. If a buyer agrees to you're asking price and signs a contract they will then have the home inspected. If the inspector notes your roof shingles are bad the buyer may want a remedy. You have 3 choices. Give a credit, replace or refuse and take down that pending sale sign. Buyers deserve a respectable roof over their heads and are unlikely to put themselves in a future position to shell out another 30K + over the asking price.
Gary you are so right. I did this video before the new law in Florida regarding roofs 15 years or older needing to prove they have 5 more years of life left. The buyer will have difficulty getting insurance if an owner does not replace the roof. Our insurance costs are so high in Florida because all those homeowners thought they should get a free roof by having their insurance pay for it. The other thing to note is if you wait for a storm to replace a roof, you may sustain so much more damage to your home by not having a solid roof. Thank you for watching and for your comment.
This Florida law is going to cost me a bundle.
I painted all the walls and they look great, but what about the disgusting shaggy brown carpet from the 70s. I took a carpet cleaner too it and it looks better than it did, but still very bad? Should it be changed for a new carpet?
I would remove the old carpet and either sell it without the flooring or add builder grade carpet which makes it look nice but easy for a buyer to take out and put in the flooring they want. The old carpet with deter from the new paint. Thanks for watching
If the flooring is really bad replace with something neutral. Otherwise leave it because people will want to pick out their own, as long as there isn't other expensive items they will have to fix as well. I won't look at a house that need the new $30k HVAC.
God yes. It is full of mold and germs, and nobody will want to move in on it.
😊👍
So, how do house flippers make money renovating old houses and reselling them ?
They typically have crews and possibly do it themselves, which saves money. If you are an individual, you don't have the buying power and will pay full price for all renovations. Thanks for watching my channel.
@@mariawells9691 thanks
There should be a disclaimer that this advice is regional and for marketing blue collar inexpensive homes. When you're in the 1.5 to 2 mil area, buyers with that kind of money want "turn key", just move in and upack. No fixing. I'm in Toronto Canada, and the houses that need work sit on the market a lot longer than the turn key houses. A $200,000 reno can bring $400,000 higher selling price, up to 100% ROI on the renos
I am sure this method differs for other areas of the country and Canada. Here, in South Florida, this is done a lot. Many buyers don't mind upgrading, so it is to their taste. Of course, there are buyers who want it all done no matter the price range. This approach is really when there is too much to do, and a stop and start of what to fix becomes a blurred line. Thank you for watching.
Fix… remodel very different words and meaning.
If it smells, get an ozone machine.
Funny you say this. I'm working with a family who smoked in their home, we have washed walls, painted everything, replaced flooring and it still smelled. We then placed a commercial OZone machine in the home and the smell still remained. We are now doing further remediation. I agree that an OZone machine can do wonders but cigarette, cigar or fire smoke is a whole other animal. Thank you for watching
While I agree that one doesn’t have to remodel a kitchen or bathroom and spend $50000 it would be nice if the home didn’t look like 1980 in 2022. Owners should update their home as they live and enjoy the updates so they can get a nice $$$$ for their home when they are ready to sell. As a buyer, I can live with a kitchen color that I may not like vs having cheat ass dysfunctional cabinets from the 80’s. I agree with a nice neutral color paint inside and out, declutter and clean clean and clean.
Thank you for your comments. Sometimes Sellers don't have the money to do a remodel. It would be ideal to update and enjoy it while living there but sometimes that's not an option. I know being a buyer in this market is really tough. Thanks for watching my channel.
My parents' bathrooms looked like 1968 in 2010, sort of....vanities and flooring were replaced (cheap stuff). I replaced some hideous light fixtures, and made sure the rooms were as clean as possible and sold as is. I wasn't going to spend big money and have the buyer rip everything out anyway. We sold the house as needing updates. Some would be expensive like kitchen cabinets. The realtor wanted us to refinish the hardwood floors (11k, partial fix). I spent 3k for wall to wall carpet). So instead of asking 300k, we listed at 246k and sold in two days.
That's totally unrealistic. Buyers want too much. You're lucky if sellers have just done basic maintenance. What have YOU done to bring your house up to date?
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I don't know if I buy this.... when you are looking at home and see an old outdated house for 600k and then see a another house same square footage updated selling for 100-150k more..... spend the money first and get what you want out of your home...... ////
This video was done a while back. Its always good to price out what the repairs/replacements will cost versus pricing it as it is and let the buyer make the choices. There is a trend that buyer don't want to do all the repairs right now with the cost of goods and interest rates high. Thanks for watching.
Grayish? Really
In my area new homes mostly have gray exterior siding.
Graige, it's a combination of gray and beige.
Right on. There should be a section for single males who do not want a second marriage, 6ft. fenced and single females need a pass to get in unless they are related. IT IS THAT BAD WITH SOME (MOST) OF THESE OLDER WOMEN. Thank goodness the internet has taken some pressure off.
You are delusional and crazy
How reliable would you consider Zillow for it's real estate estimations? It appears to me that it does seem pretty accurate.
It all depends. Sometimes it is accurate however, there is a lot more that goes into estimates for a property than just Zillow's zestimate.
@@TreasureCoastFl Agree, certainly the condition of the house must be taken into consideration......but zillow does give a high to low range. I have been following zillow with houses on the market in my neck of the woods for at least 3 years. The creampuffs usually always get the high end of a zillow estimate I have noticed. Those that need work get low end prices or sometimes even lower.
@@RG-hf4et The creampuffs ruin it for everybody L O L
Zillow is not accurate. They have no idea if you've made any upgrades to your house.
@Karla britfeld That's why there is a range.