Most home owners have a pretty good sense of the market. They read the headlines, they know if the market is hot, if it’s changing or if it is a buyers or sellers market. What they don’t fully understand is where THEIR home fits into this niche, and they DON’T have a process in place to navigate their specific niche.
Just because the papers say that the market is slowing, does that mean your condo is going to get less attention? Not necessarily. Condos vs homes, 2 bedrooms vs 1 bedrooms. Every niche will have its own specific market trends.
With the proper plan, expectations, and follow through you should never undersell your home. It’s an entire process and one that if you follow and trust you will reap the rewards.
Trust the process.
As we head into a era where 90% of people start their home search online, it makes complete sense that without a flooplan some people may miss something about your home that they really would appreciate and that they may be willing to spend more money on.
The MLS only allows us to upload 20 photos. Depending on the size of the property this may only show segments of the home and it may miss some huge selling features.
A floorplan enables us to capture the entire home, and allows buyers to understand where the photos are that they are looking at.
Not to mention that Vancouver truly is an international city. Buyers that are out of town during showings will be much more comfortable submitting an offer sight unseen if you have a floorplan available. I sell a few properties every year without the buyer being present!
FLOORPLANS ALSO SAVE YOU TIME!
Buyers often want to come back once we have an accepted offer to take measurements and plan their furniture. With a floorplan already done, this step may be unnecessary and it definitely speeds up the process or lessens the number of times that they will ask for access.
I am in touch with buyers daily, and know how often buyers are asking for floorplans. Often buyers don’t want to waste their time if they aren’t sure that the layout will work. I provide professional floorplans for nearly all of my listings because they really do help.
Now that we know that floorplans bring you more buyers, make you more money and save you time, why wouldn’t you get a floorplan?
Should I paint? Should I hire a stager? Should I do renovations? How do I price my home?
These are all questions that I receive on a regular basis, and there is not a one size fits all but here are 5 tips to use as a general rule of thumb:
1) Declutter - Thin down your closets, remove everything on your surfaces, and keep the furniture to the essentials. Take as much of your “extra” stuff to storage or donate what you don’t need to Value Village.
2) De-personalize - Remove all personalized photos and any feature pieces that are a very specific taste. Remember you are trying to appeal to the masses
3) Paint - If you have dirty old walls or any extreme colours a neutral grey or white will be a cheap fix and make the house look much brighter.
4) Fix - If there are a few things that need to be fixed that you have been putting off, now is the time to do it. Make sure all light bulbs are in working order, make sure the faucets don’t leak and clean up any old holes that may be in the walls from photos.
5) Staging - bring in a stager to see what should be done. They will have cost effective ways to help make your space look larger and emphasize the good and hide the bad.
If you have questions feel free to contact me!