Insight & Tips

10 top ways to turn OFF a potential buyer!

Avoid these rookie errors when selling your home.

When you are selling your home and getting it ready for open homes, it is important that you take off your 'rose coloured' glasses and take a good look from another perspective.

Whether you’re buying a property to rent to tenants or selling a property that needs to be attractive to buyers, it’s important to make decisions with the head, not the heart and ensure you appeal to the widest possible cross section of your target market.

These would rate at my top 10 common mistakes people make when bringing their homes to the market;

1. Overcrowded rooms – Having too much furniture in the house will make it look smaller. If you have this problem in your home, consider removing some furniture while the home is on the market. Remember to allow for foot traffic and good flow from one room to the next.

2. Pet odours -this can be a real and instant turn-off for buyers. When you live with your pet on a daily basis it can be difficult to detect any unpleasant odour yourself because you get used to it. Ask a friend who doesn’t have any pets (or your agent) to walk through your home and be brutally honest with you. Putting your pet outside on inspection days, opening windows and lighting a few scented candles can work wonders to take away or mask any unpleasant smells.

3. Heavy window treatments – Leaving heavy window treatments like blinds and curtains in place can make your home look dark, cluttered and old-fashioned. If the window and outlook allows, try out removing them altogether.

4. Lack of cleanliness – contrary to what some people think, buyers find it hard to ignore unswept floors and a dirty kitchen and bathroom. To buyers, uncleanliness is a sign of a home that has not been well-maintained. Make sure your home is spotless for your home opens.

5. An empty house – believe it or not, but empty rooms actually feel smaller than rooms in which furniture is well placed. As a seller, you want buyers to be able to imagine themselves living in your home and they find it hard to do so when the home is empty. If you have already moved out, property staging is highly recommended.

6. Over de-cluttering – some sellers take the suggestion to de-clutter their home to the opposite extreme, de-cluttering it to the point where it is devoid of warmth and ambience. Find the right balance between space and style and heart and soul.

7. Over-staging – by this we mean ‘over the top! doing things like setting the table, complete with linen, fine china and glassware. Setting the table is where creating that inviting, lived in look crosses the line.

8. Gumtree/Marketplace pile up – while buyers understand that you’re getting ready to move house, it doesn’t look good when they arrive and the first thing they see is a mountain of discarded items in the garage or out of front of your property! Remember, first impressions count.

9. Not having a house number prominently displayed – it may seem trivial to you, but to a prospective buyer, it’s essential! The last thing you want is a frustrated buyer who couldn’t find your home and ended up buying one down the road from you.

10. Loud, non-neutral bed linen on display – again this may seem trivial, but because the bed is generally the most prominent feature in a bedroom, anything but classic neutral decor on the bed is distracting and can make the room look smaller and less appealing.

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Agents don’t control the value of your home

Contrary to what many real estate agents like to believe, agents don’t control the price of your home.

Yes a good agent is likely to get you more than a bad one but agents don’t control the value of your home … just like your UBER driver doesn’t control the price of your next trip home from the Casino at 2am on New Years.

Quite simply… supply and demand determine the value of your home. 

The higher the demand for your home, the higher the price you will receive.

The lower the demand, the lower the price you can expect to achieve. 

Putting it in beer terms (my favourite terms…)  Suncorp stadium is happy to charge me $15 a beer when I am watching the Wallabies get towelled as they know I have 2 choices… I either suck it up or go thirsty.    

House prices are no different. 

When the market is buoyant, homes sell quickly, buyers have limited choice and there is tough competition, meaning buyers are forced to pay more or potentially miss out on the home.  This pushes prices up. 

On the flip side, when the market is weaker, there are often loads of homes to choose from, fewer buyers and days on market blow out.  This gives buyers more control and often results in the market weakening as sellers are forced to lower their price or potentially miss out on the buyers.

So before you decide to list your home with an agent that quotes you overs for your home, remember… agents don’t determine prices, demand does.

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7 pricing myths

You need to get past to sell your home

When preparing your property to go on the market, one aspect is always at the forefront: Money!

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Yippee the market is weakening

(buying up in a down market)

Nope,  I haven’t spent too much time in the sun or had too many Gold cans… but yes I do see the positive’s in a softening or flat market.  Some sellers see a declining market as a serious problem, and for some who are forced to sell during this time, it isn’t all beer and skittles.

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Trust more important than method

I was thinking recently about a house I sold a few years ago. 

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Renovating for Profit

Creating equity

Locals in Cairns will know all about the 'M' suburbs but I'm here to blow that theory wide open.

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'overthinking life'

Possibly like me, you overthink life too!

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Flip It in 2019

If you are reading this property update you must have some big Goals for property in 2019.

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Fortune favours the prepared!

If you have thought about selling in 2019 ...

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