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Monday, May 21, 2007

When you're selling, all the home's a stage

When you're selling, all the home's a stage

By Stephanie Earls
Albany Times Union

May 12, 2007

It had good bones, so you bought it, certain that -- with a little cash, and some time -- you could make it into your dream home. Fresh paint. New carpet. A gourmet kitchen, and master bath with heated towel rack.

But intentions, even really cool ones, do not equal equity. If the time to resell comes before all your renovation plans could be seen to fruition, it's time to forget about grand dreams.

It's all about getting the biggest return for your short-term effort. Experts say a few quick, affordable updates and decorating tricks can make the difference between no offers and warring bids. Staging or preparing the home, both inside and out, to create the biggest impact and best impression -- can draw in buyers and up sale prices, often for minimal cost to homeowners.

Stagers and real estate agents say the first step when preparing a home for sale is to clean up and clear out.

"The most inexpensive things often get the biggest return," said real estate agent Terry Little. "People are buying space as much as structure."

You're moving out anyway, so you might as well get an early start, said Geri Kissane, owner of Above and Beyond Home Staging in Delmar, N.Y. Like other stagers, Kissane will do the work for you, or just serve as a consultant with you doing the grunt work. All depends on your budget.

"I suggest you get a POD. Put it in your driveway, as you're packing [inside the house], move it out" to the storage unit, she said. PODs, and storage alternatives like it, are portable units that are packed on site then moved to a facility for longer-term storage. Remove personal items from all surfaces.

Put away refrigerator magnets, and pack up collectibles into boxes that can either be removed from the home or, if they're pretty enough, artfully stacked. "We've seen [huge collections of] Hummels, teacups, salt-and-pepper shakers," said Sheila Palmer, who runs Homes Staged 2 Sell in Schenectady, N.Y. "That's not what you want the buyer to see. You want them to see the walls, the beautiful view."

Beverly Tracy, of Beverly Tracy Home Design in Saratoga Springs, N.Y., walks through a client's house sticking Post-its to what needs to go. If you don't have a professional stager, consider asking a friend or relative or anyone you feel can be honest with you to walk through and point out items that might be a turn-off to potential buyers.

Be prepared to make some emotional decisions, and to face the fact that your taste might not be universal.

"It's like, `I know you love your lime green front door, but it's really got to go,'" said Kissane, adding that staging -- and a stager's job -- can be tough on a homeowner's emotions. "I had to tell one family to stop cooking. They did a lot of Indian cooking. The smell permeated the drapes and the wood. [It's] just not appealing to everybody. If you smell it, you can't sell it."

Fix any visible problems that might be a red flag for potential buyers -- such as stained plaster or drywall that could indicate an old leak or settling or other structural problems.

Add fresh paint, in neutral colors, and focus on first-floor rooms and public rooms, like the kitchen, dining room and living room. Clean up the exterior of the home, add potted plants and repair damaged walkways

Even a house that's not in dire need of renovations should be given at least two weeks' prep time.

On the flip side of clutter-clearing, an empty house can leave potential buyers feeling cold -- both physically and emotionally, said Kissane.

"There's the echo factor. It's cold. And they'll see every single little scratch and nick and dent," she said. People can't tell how big the rooms are without furniture.

"Establish a visual reference point. Even if you have two chairs and an area rug, they'll say "Oh, it's furnished and it's huge,'" Kissane said.


http://www.sun-sentinel.com/features/lifestyle/sfl-hg12sellmay12,0,4807471.story?coll=sfla-features-headlines

1 comment:

Pia @ condo in makati said...

Home staging is truly an essential part of selling your home and many home sellers prove the effectiveness of that strategy.

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