Are you getting ready to put your home on the market? Are you wondering if you may have missed some things in the process of preparing it for the potential buyers to view?
Here are some red flags that you as the seller should be aware of that could potentially send buyers packing:
- Water spots, or evidence of water damage. You may think that the leak you had a few years ago is old news now, but is the evidence gone? If a potential buyer sees any sort of water spots or damage left from past water problems, this will very likely raise some red flags. Any sort of water damage creates potential for mold and/or the possibility for this water problem to reoccur. The potential buyer may be wondering what caused the water spot, how serious was the issue, was it fixed or will it happen again, and was the place checked for mold after the damage occurred? These may be questions they ask you, the homeowner, giving you a chance to explain, but odds are this buyer will be very cautious before making a purchase if they see any evidence of this sort of damage.
- Evidence of a poorly maintained home, inside or out. Evident neglect of any kind is a huge red flag that could make the buyer feel a homeowner may not have taken correct care of the home. Not taking correct care means potential for unexpected surprises after purchase and/or a home that is in less than great condition in general. The potential buyer wants to feel like the home they are purchasing is new and in top-of-the-line condition. Of course if you are selling a fixer-upper, this probably does not apply. Maybe you didn’t really maintain your garden, your gutters are falling down and/or are damaged, or maybe the bathroom isn’t in the best condition. This may make the buyer think that other important upkeep and maintenance required to keep your home functioning properly was overlooked.
- Not so great DIY. So you are always looking to save a few bucks, and let’s face it you are a pretty handy guy. DIY is not a bad thing, especially if you are talented and capable of completing the projects on your own. However, remember that project that you completed a while ago when you really had no idea what you were doing? Chances are the buyer will notice this too. A subpar DIY project can sometimes concern the potential buyer that project on the home were not done by a professional and/or not done correctly. This could actually be completely false, but the purchaser does not know that and can be scared by the evidence of poorly done DIY.
- Under pricing. Of course you want to sell your home, and yes everyone loves a good deal, but significantly underpricing your property compared to comparable and/or surrounding properties will certainly raise some red flags for potential buyers. This alarm kind of goes hand and hand with the common saying “that’s too good to be true.” The buyer is going to wonder why the property is priced so low and more than likely assume the worst. Is there some sort of damage to the home that they aren’t seeing? Is this seller so anxious to get out that they are willing to underprice just to sell quickly? After all, there has to be some reason and/or aspect within the home that is causing you as the seller to drop the price so low… right? Maybe that statement is not right, but by underpricing this is very often when the potential buyer is thinking.
- Clutter. Not only is clutter extremely distracting to potential buyers during a viewing, but it also signifies that a homeowner may not have taken very good care of their home. This clutter also can make a potential homeowner feel like there are things they are missing and/or that is hidden under all the mess. When showing your home you want the potential buyer to be able to imagine themselves and their family in the home. The easiest way for the shopper to envision this is by being drawn in to, and feeling comfortable and happy with the home the way it is. Living in clutter and being a bit messy may work for you, but when it comes to putting your home on the market it may be wise to make sure you clean up a bit!
Selling your home can be a bit of a stressful process, but there are professionals that can help you if you feel like you may have missed some of the red flags above. If you are having issues with your gutter system, The Brothers that just do Gutters would love to help, and better prepare your home for the market!