Thinking of selling – getting ready for a new year sale

Dec 13, 2016

Preparing your house for sale this summer

It’s no secret that summer in Australia is a great time for holidays, catching up with friends and family, and heading to the beach for a dip. But for those looking to sell their property in the new year, summer can also be an ideal period to prepare your home for market. With that in mind, here are some key must-dos if you are considering using the hotter months to ready your property for sale in early 2017.

The Real Estate Institute of Australia (REIA) has a number of helpful tips which are easy to achieve and aim to give homeowners a selling edge. These include giving your property a good clean, a fresh coat of paint and a “clean up” of wallpaper, tiles and ceilings.

Fixtures and fittings should also be examined closely, REIA advises, to identify problems like chipped door handles, broken fly screens and window latches, dirty light switches and dripping taps.

Special attention should also be paid to outdoor areas. REIA suggests planting flowers, reseeding lawns, and making sure existing plants are kept healthy and neat.

“Make sure the whole garden is generously watered (and) keep your lawn mown and raked, and make sure your driveway and paths are swept,” it adds. “You want to give the impression of a healthy, luxuriant, colourful garden.”

Other tips from the real estate peak body include fixing air-conditioning and plumbing, and making sure bathrooms and kitchens are in excellent condition.

While it may be tempting to take it easy over summer, LJ Hooker Real Estate agrees that styling your property ahead of a sale can pay off, if done correctly.

According to the Sydney-based real estate firm, 87 per cent of its agents believe vendors get a better price after property preparation, while 50 per cent think sellers receive more offers. Good styling can also result in a quicker sale and more bidders on auction day, it says.

Property owners should also understand that “it is most important to style a home when it is empty, messy, dirty, crowded or poorly decorated,” LJ Hooker says.

“Interestingly, it seldom pays to style an inexpensive property because the investment doesn’t yield sufficient return,” the real estate agency adds.

LJ Hooker echoes REIA on practical tips for homeowners. It recommends homeowners eradicate smells, clutter and dirt. It says other good ideas are to display fresh towels and throw pillows, refinish floors, repaint walls, and re-grout worn tiling.

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E: mwilliams@legacyproperty.com.au

INVESTORS:
Carolyn Teague
E: cteague@legacyproperty.com.au

 

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