Sprucing up for spring
Published February 19, 2005 SPRINGMARKET0219
in the Star
Tribune
When Tom and Marian McDevitt decided to
sell their 10-year-old house in Lakeville and move to a maintenance-free
condo, they did a little sprucing up. They touched up the
exterior paint, cleared out some of the clutter and cleaned.
But that wasn't good enough for many prospective
buyers.
"They wanted us to carpet and redo
this and redo that, but if you redid everything they wanted
to do, it would have cost a bloody fortune," Marian McDevitt
said. After six unsuccessful months, the McDevitts ended up
taking the house off the market and are relisting it this
spring.
Welcome to the spring market. With the inventory
of houses for sale on the rise, selling your house is going
to take even more time, more patience and more elbow grease.
More elbow grease?
Before stagingProvided By Lori MatzkeYes,
that's right. Buyers have more options to choose from and
they're going to be comparing your house to many others. So,
if your house looks like a candidate for a HGTV makeover show,
get busy.
"We're getting back to a more normal
market, we don't have the buyer frenzy that we've seen,"
said Pat Cirelli of ReMax Results in Apple Valley. "A
couple years ago I would be waiting for just one home to turn
up to show my client, now I can show them several and they
can pick and choose. There's not that same sense of urgency,
and they'll come in scrutinizing a property."
To avoid the wrath of today's much more
discriminating buyers, sellers have to clean and update their
houses.
"People are looking a lot harder and
closer at the details," Cirelli said. "Things like
outdated counters, carpets and flooring. We used to say that
you can give an allowance, now we're saying replace."
Cirelli is not, however, an advocate of
totally clearing out your house.
"Rooms always look smaller with nothing
in them," she said. "Always have some furnishings
in the room just to gain a space perspective."
Where should you start?
Lori Matzke of Centerstagehome.com, who
recently published "Home Staging, Creating Buyer Friendly
Rooms to Sell Your House," said that because first impressions
are critical, sellers need to focus on improving the foyer
and any rooms that can be seen from the front door.
"You really set the pace for the buyer
with that first view in the front door," Matzke said.
"And if that view makes a negative first impression or
doesn't grab the buyer's attention at all, you've just created
a tough uphill battle for yourself to win them over."
Gregg Roeglin, president of the Minneapolis
Area Association of Realtors, agrees. He said that whenever
he lists a house, he walks through the house and makes suggestions.
"It can be something as simple as a
dining room that's used as an office, and the buyers will
say, 'Where's the dining room?' " Roeglin said. "They
can't visualize what is there."
Roeglin said that sellers are often not
very objective about the condition of the house, so it's important
to solicit the opinion of a sales agent or home stager who
can instantly evaluate what will make the house more salable.
Stagers will usually work with what you already have in the
house to make it look beautiful, but often they will recommend
renting furniture or updating the decor.
Some charge a flat fee or by the hour for
a simple consultation, while others will do the work. Consultation
fees range anywhere from $95 to $300 depending on the size
and condition of the house.
Sellers also need to pay attention to the
exterior. Home stager Beth Ditter of Prepping for Profit said
that sellers need to focus more on curb appeal by taking a
look at the house from the sidewalk across the street to see
what buyers see when they first arrive at the house.
"People don't actually go outside their
house and look at it," she said. "They get caught
up on the inside of the house." Pay attention to things
like cracked sidewalks, chipped paint, dead plants and grubby
handprints on the door. Remove all of them.
Bill Burg of Edina Realty in northern Dakota
County said he encourages his clients to stage the house in
way that's consistent with the style of era of the house.
If you have a Colonial-style house, for example, it's better
to skip the modern furnishings. Or if you have a Victorian-style
house, furnish it that way.
In addition to taking a step back from your
personal style and staging the home for sale, Burg is also
a fan of more unusual marketing techniques such as 360-degree
virtual tours on agents' websites that help your house stand
out from others on the market.
Sometimes it works. Late last year he listed
a house that had been for sale for six months without any
action, but after staging the house and creating a virtual
tour, the very first person that looked at the house took
the plunge.
Will following this advice net you more
for your house? Not necessarily, but you might sell the house
faster. That means you'll get closer to your asking price
and you'll be less likely to have to offer a price reduction,
Cirelli said.
Jim Buchta is at jbuchta@startribune.com.
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