May 102013
 

Information For BuyersSome of the usual tips you get to your home ready to show are clean and paint where needed. We’ve covered this in more detail on other blog posts. Here are a few important tips to set your home above your competition on the market.

1. Documentation on work performed on your home.

I would almost call this a diary of your home improvements. Gather up any invoices, documentation, permits, etc of major items that have been repaired, replaced, or upgraded. This can be a simple as a repair to the furnace to a bathroom remodel or new roof installed. Warranty information is especially important. Other work could be outlined in a document with dates and work performed such as owner performed landscaping, painting, etc. Not only does this impress buyers but this can be used for inspections and appraisals which is an added bonus.

2. Find documentation from when you purchased the home.

Most people don’t realize there can be some very helpful documents in your last purchase package. First is that most title companies will give you a discount on your owners title insurance if you provide the title work from the last purchase. Also there might be a boundary or stake survey included in the packet. If you purchased new it should have the model information and floor plan. Again very helpful and could be added to #1 item above.

 3. Utility and service vendor information.

Good agent will ask you for this so it helps to go ahead and gather this up ahead of time. You’ll need to come up with average costs for items such as electric, water, & gas if applicable. Also include cable, phone, and Internet services. Don’t forget if you use a lawn service, trash pickup service to include that as well. Of course this all can be neatly laid out in a document and added to the book. (Are you seeing a pattern yet?)

4. Seasonal photos.

If you have really nice landscaping with flowers the bloom in the spring find some photos you’ve taken (you didn’t just look at them did you?) If applicable maybe some nice fall foliage photos of the trees in full color. If you have that ideal back yard that looks great with a fresh snow include that one. Also any wildlife photos you snapped in the back yard that adds to the beauty setting of your yard. Share these photos with your agent and of course, add them to THE book.

Well I think you get the idea now, do some work upfront to wow your buyers on how well you’ve taken care of and enjoyed your home. This will in turn add value in the eyes of the buyers but also help when this is presented to the appraiser. When they determine the monetary value of a home they compare it to similar area sold homes and then make adjustments based on condition. With your documentation they can make those adjustment on the ‘plus’ side and in turn raise the overall value of your home.

The Derrick Team will be glad to help our sellers create this book in a nice format as part of our “Above and Beyond” marketing. Give us a call for more details at 317-563-1110.

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