Monday, December 7, 2009

Selling a Distressed Property in a Distressed Market can be... Distressing.

Yes, I know the title of my post seems somewhat obvious, but it doesn't hurt to think about how to be a successful seller in a market where buyers have short sale and foreclosure fever.  If you've owned your house long enough, you can still expect to make a reasonable profit, but it's more important than ever to have your house in tip top shape before it hits the market.

First up - smells.  Even though some people think musty smells go with Beach Houses, they really are a sign that you have a leak or humidity problem.  Don't hide it with Frebreeze, find it and fix it before a buyer gets anywhere near your home.  Smell is a powerful emotional trigger, and emotions are what will motivate a buyer to pay the premium a good house deserves... clean and fresh scents are essential to keeping a buyer in a positive state of mind with regard to your property.  If a buyer wants to buy a problem... well, there might just be a foreclosure sale down the street.

I'll cover more in coming posts... and please feel free to comment with what YOU think is the most important factor to distinguish a good home from one that hasn't been maintained.

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