Expert Advice on Selling a Home During the Holidays

WinterSellingTips

These hot tips make selling a home during colder months very merry.

Selling a home during the holidays can feel like a challenge. From winter weather to deciding whether to decorate or not, there are certainly some obstacles. Here is excellent advice from the experts from our global network of Coldwell Banker agents, brokers and offices. Keep it Classic “Should I decorate for the holidays?” This is an extremely common questions for home sellers. It may be family tradition to “deck the halls” across every square inch of your house, but, if you are trying to sell your home, it may be better to scale back. When selling a home, it’s important to present it in a way that others can see themselves living in.

“We encourage sellers to still decorate (if that’s their thing), but not Griswold style decorating…. keep it simple and classy. Mostly keep the walks clear and maybe add a spot for shoe removal just inside.” –Coldwell Banker Terre Haute

Use the holidays to create warmth in your home. “I think lights and color can warm anyone’s heart,” says Heather Ostrom, a Realtor® with Coldwell Banker Sun Ridge Real Estate in Roseville, CA. With the right touch, holiday decorations can create an emotional attraction for a buyer to your home. A cold, undecorated home can’t compete with one that has the fireplace roaring, the smell of fresh baked cookies, and elegant, yet festive décor. Less is More The holidays can be hectic which means time you normally spend cleaning may be spent at the mall and holiday gatherings. It is important to stay on top of keeping you house clean and tidy, especially if you decide to decorate.  Andrea Geller, a Realtor® with Coldwell Banker Residential Brokerage in Chicago, says she loves holiday decorations, but to a point. “However you decorate, don’t distract prospective buyers from the space,” she advises, explaining that holiday decorations can cause clutter, which could potentially make a room or space look smaller.

“Be sure to hide wires from holiday lights. Stick with decorations that aren’t covered in glitter and decorate with intention” -Andrea Geller

If your home is located in areas that get snow, be sure to keep up with snow removal on your driveway and sidewalks. Also, it is a good idea to ask visitors to remove their shoes so you don’t have salt stains on floors and carpets. Stay in Season One area where you likely won’t want to display holiday decorations: your listing photos. Jessica Edwards, an agent with Coldwell Banker Sea Coast Advantage in Wilmington, N.C., says holiday decorations can unintentionally date a photo, especially if the house is still on the market after New Year’s passes.

“Keep it very classic and neutral and if you put a tree where a chair or table typically goes and then jam the table or chair elsewhere in your house for a few weeks you should ask a neighbor or friend to stick it in their house so you don’t have extra furniture cluttering spaces or taking up more space” -Jessica Edwards

While experts advise against decor in listing pictures, open houses are a totally different game…

“[Listing] photos should NOT have decor because that could date them. Open houses MUST have holiday decor!” Brenna Lee Roth-Miller

Want to read more advice on selling your home? Visit the new coldwellbanker.com!

Christmas Tree image via frommyfrontporchtoyours.com  

Header image courtesy of Flickr user Jim Larrison

Apartment Renovation: How to Do It Right

An apartment renovation can be every homeowner’s dream — and nightmare. You can create your dream home, but costs can spiral out of control. If you’re planning a renovation on your apartment, keep these tips in mind.

An apartment renovation can be every homeowner’s dream — and nightmare. On the one hand, homeowners are excited about turning their homes into the spaces they’ve always dreamed about, but they’re also worried about the possibility of costs spiraling out of control. If you’re planning a renovation on your New York apartment, keep these tips in mind.

1. To create your budget, add up your projected costs … then double it.

Budgets written down on paper make total sense, but they often don’t anticipate everything that could come up during the reno. You may discover that your subflooring is severely damaged and needs to be replaced before you can even think about laying down that Brazilian walnut flooring you’ve had your heart set on. Or maybe there’s heretofore undiscovered water damage that will need to be repaired. If you haven’t set aside a cushion for the unexpected, you could find yourself spending a lot more than you’d planned. By automatically doubling your estimated budget, you’ll be able to anticipate and deal with any unexpected expenses.

2. First do what you have to do, and then you can do what you want to do.

The phrase “Work now , play later” can totally be used when it comes to your NYC apartment renovation. Whether you’re putting together a $10k job or you’re planning to drop half a million dollars on your renovation, it’s natural that you want something that reflects all of your hard work (and money) with an obvious aesthetic upgrade. Everyone loves the sexy part of home renovations — picking out the Carrara marble countertops, or deciding between an AGA or a Wolf range, or figuring out which Farrow & Ball paint shade will best show off your fabulous living room while bringing out the color of your eyes.

But while there’s nothing cool about, say, spending $30k on a plumbing upgrade, If your apartment needs under-the-hood fixes, make those first. There’s no point in “putting lipstick on a pig.” Take care of the plumbing issues, electrical problems, or any damage that’s causing issues with your apartment. It may mean slicing some of the budget for the more cosmetic fixes or postponing some of them, but in the end, you’ll be thankful you did. If you ignore glaring structural issues with your apartment, you’ll pay much, much more for them in the long run — and fixing them later might even mean having to tear out your precious aesthetic upgrades in the process.

3. Consider using less expensive materials.

You may have your heart set on an all-marble kitchen, but mixing some of your surfaces with a less expensive material like butcher block can save you several thousand dollars or more. If you find that you have to spend more than you thought on structural and behind-the-scenes issues, be creative when it comes to your aesthetic fixes.

4. Don’t go cheap when it comes to contractors.

You may think that if one plumbing contractor gives you a bid for $5k and another gives you a bid for $9k, it’s an obvious choice: Go with the cheaper option and have more money to spend later. Well, you could assemble a line that wraps around the city a thousand times filled with people who’d tell you they wish they hadn’t made that decision. When it comes to NYC apartment renovations, don’t cut corners that you will regret later. Go with the contractor with the great reputation who’ll do it right the first time. This strategy will save you money down the road.

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