When selling your home, you should have your house in the best possible condition. Remember, if you are in a soft market and have a lot of competition, you have to do something to make your house stand out. Take care of any repairs that a buyer might be concerned about before putting the house on the market. If you don't have the monies to do costly repairs such as a roof, carpet, etc., then provide an allowance that will cover the cost of these items. Also, most buyers will require a home inspection at time of contract. Having a home inspection prior to putting the house on the market will help in two ways:
1. You will know what repairs are needed and can fix them.
2. It will speed up the escrow process and that means you receive your money sooner. Home inspections are not that costly and could actually make you more money. They normally run about 10 cents per square foot.
Pricing the house is also very important. Statistics show, owners who over price their properties, actually lose more money than if they were to price it right to begin with. Over priced houses normally stay on the market longer then those that are priced competitively. If it takes 12 months to sell your house and you have a mortgage payment of $700.00 per month that would cost you $8,400.00. On the other hand, if the house is priced competitively and takes only 90 days to sell, it costs you only $2,100.00. In this example, you would save $6,300.00 just by listing at the right price.
Making your house as accessible as possible is also very helpful. You never know when the right buyer may come along. If a potential buyer can't get in, you can't sell. Having your home on a lock box system can make it much easier to get into as well as a lot less inconvenient than having to chase down keys. If you are concerned about valuables, such as jewelry, money, etc., then store them in a safety deposit box.
If you are thinking about selling and want to put my skills to work for you, then feel free to call or email me.
Bob Madgett
CENTURY 21 Town & Country
294 East Brown Street
Birmingham, MI 48009
248.642.8100 (office)
248.901.0237 (direct line)
248. 642.1614 (fax)
Email: bobmadgett@hotmail.com
Birmingham Michigan Homes For Sale Serving the home buying and selling needs of Oakland County, featuring: Birmingham, Bloomfield Hills, Bloomfield Twp., West Bloomfield, Franklin, Bingham Farms, Clawson, Royal Oak, Berkley, Huntington Woods, Pleasant Ridge, Ferndale, Madison Heights, Oak Park, Troy, Farmington, Farmington Hills, Southfield, Rochester, Rochester Hills, Auburn Hills, Lake Orion, Clarkston, Commerce, Milford, Waterford, White Lake, Novi, Wixom, and Walled Lake.
Serving Metro Detroit and Southeast Michigan areas. Wayne County, Macomb County, Livingston County, Washtenaw County as well as Oakland County.
Bob Madgett
Take care of any repairs that a buyer might be concerned about before putting the house on the market. If you don't have the monies to do costly repairs such as a roof, carpet, etc., then provide an allowance that will cover the cost of these items. Also, most buyers will require a home inspection at time of contract. Having a home inspection prior to putting the house on the market will help in two ways: 
