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Home Sale Preparation: It’s Never Too Early to Start

Home Sale Preparation: It’s Never Too Early to Start. Sally Chvany, Professional Organizer Owner - Acme Organizing 617-872-8543 Sally@acmeorganizing.com Eileen Maxcy , Realtor Coldwell Banker Residential Brokerage 978-314-2460 Eileen.Maxcy@NEMoves.com. Today’s topics. Market update

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Home Sale Preparation: It’s Never Too Early to Start

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  1. Home Sale Preparation: It’s Never Too Early to Start Sally Chvany, Professional Organizer Owner - Acme Organizing 617-872-8543 Sally@acmeorganizing.com Eileen Maxcy, Realtor Coldwell Banker Residential Brokerage 978-314-2460 Eileen.Maxcy@NEMoves.com

  2. Today’s topics Market update The 4 P’s for a Successful Sale Best Return on Investment

  3. What’s really going on in the market? Real data Good news

  4. Burlington

  5. Cambridge

  6. Watertown

  7. Middlesex CountySingle Family Homes 2013 2012 % Inventory* 1516 1875 -19% Solds10,879 9938 +9 % Avg. Sale Pr$545K $510K +7% Days On Mkt 73 124 -41% *Active homes for sale on 3/8/13 vs 3/8/12 Info taken from MLSPIN the Multiple Listing Service for MA

  8. Getting Started Itis a big project and it is daunting. But it is not impossible Break down into parts or buckets and make it manageable You are the Project Manager Assemble a team

  9. The Four Ps Plan Prepare 4Ps Price Present

  10. The Plan • Choose a Realtor/Project Manager • Setting a time line • What about money & price? • Where are you going?

  11. The Price • Part Science…part Art • CMA & Needs assessment • Current competition • Re visiting price

  12. Preparation • Curb Appeal • De clutter • CLEAN sells! • Less is More • Repairs/Updates

  13. Presentation: The Rest of the Pack Your House Exposing the property - • Great Pictures • Internet…Internet…Internet • Caravan…Open Houses…Signs • Get Social

  14. Property Pictures

  15. Bad Photos

  16. Better Photos

  17. Best

  18. Long TermProperty Improvement Projects: What makes sense?

  19. Top 5 Improvements: Minor Kitchen remodel 88.5% Deck Addition (wood vs composite) 86.0% Entry Door (steel vs fiberglass) 80.9% Attic bedroom remodel 78.1% Siding replacement (vinyl) 78.1% Cost vs. Value Report 2013 – a survey by Remodeling magazine in cooperation with REALTOR® Magazine

  20. Long TermProperty Improvement Projects: What doesn’t make sense?

  21. Worst 5 Improvements: Home Office Remodel 46.2% Sunroom Addition 51.0% Bathroom Addition 55.8% Backup Power Generator 59.1% Basement Remodel 62.4% Cost vs. Value Report 2013 – a survey by Remodeling magazine in cooperation with REALTOR® Magazine

  22. Big Bang Short Term Projects: Paint Carpet Refinish Hardwood Paint or replace front door But . . . . .

  23. The 2 BEST investments you can make are Organizing & De-cluttering

  24. Thank you

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