Licensed Real Estate Broker
4 Things NOT to Do When Putting Your Home on the Market
Posted on Dec 29 2016 - 10:27am by Zoe Eisenberg
So you've decided to put your home on the market. Congratulations! Hopefully, you've brought a rockin' REALTOR® on board to help you list your spot, and together you've done your due diligence on what to ask for. As you start checking things off your to-do list, it's also important to pay mind of what not to do. Below are a handful of things to get you started.
As you ready your home for sale, you may realize you will get a great return on your investment if you make a couple of changes. Updating the appliances or replacing that cracked cabinet in the bathroom are all great ideas. However, it's important not to over-improve, or make improvements that are hyper-specific to your tastes. For example, not everyone wants a pimped out finished basement equipped with a wet bar and lifted stage for their rock and roll buds to jam out on. (Okay, everyone should want that.) What if your buyers are family oriented and want a basement space for their kids to play in? That rock-and-roll room may look to them like a huge project to un-do. Make any needed fixes to your space, but don't go above and beyond—you may lose money doing so.
Over-decorating is just as bad as over-improving. You may love the look of lace and lavender, but your potential buyer may enter your home and cringe. When prepping for sale, neutralize your decorating scheme so it's more universally palatable.
Don't hang around.
Your agent calls to let you know they will be bringing buyers by this afternoon. Great! You rally your whole family, Fluffy the dog included, to be waiting at the door with fresh baked cookies and big smiles. Right? Wrong. Buyers want to imagine themselves in your space, not be confronted by you in your space. Trust, it's awkward for them to go about judging your home while you stand in the corner smiling like a maniac. Get out of the house, take the kids with you, and if you can't leave for whatever reason, at least go sit in the backyard. (On the other hand, if you're buying a home and not selling, then making it personal is the way to go, especially when writing your offer letter. Pull those heart strings!)
Don't take things personal.
Real estate is a business, but buying and selling homes is very, very emotional. However, when selling your homes, try your very best not to take things personally. When a buyer lowballs you or says they will need to replace your prized 1970s vintage shag carpet with something “more modern,” try not to raise your hackles.
New Jersey's Homegrown Advantages
With unique and attractive neighborhoods, great schools, and other benefits, New Jersey is a great fit for the three rules of real estate – location, location, location. See what makes the Garden State such a great place to live.
Did you know?
- Island Beach State Park is one of New Jersey's last significant remnants of a barrier island ecosystem that once existed along much of the coast.
- Mantoloking, population 423, is the wealthiest community (a different census ranking than a county) in New Jersey and is ranked the 15th highest-income place in the United States.
Boasting 44 miles of Atlantic Ocean coastline, Ocean County is the second largest in the state in terms of size, and one of five New Jersey counties that border the Atlantic.
Although Ocean County has been settled since colonial times, for much of its early history the county was a rural, agricultural and fishing center. Through the 20th century, the resort industry of the New Jersey Shore was developed, and the commercial activities associated with seasonal resorts quickly became the county's economic mainstay.
Residential development in Ocean County has traditionally occurred along the coastal beaches and in the corridor formed by the Garden State Parkway and US Route 9. Major interchanges along the Garden State Parkway have encouraged development along east-west corridors.
Interstate 195 is a relatively new highway, which is playing an increasing role in the development of the northern portion of the County. The Interstate provides direct access to the major employment areas of Trenton, the State Capitol, to the west and Monmouth County to the northeast.
With the growing "year-round" population, Ocean County's economic base has become increasingly diverse, with a variety of industries now supplementing traditional tourist-related businesses.