Homes Plus Magazine Issue 139

Page 24

7 WAYS your home may lose buyer interest

Shauna Lynn Simon

It’s no secret that the current real estate market is incredibly hot. Waterloo Region is experiencing what is considered a seller’s market, meaning that there is a limited supply in the number of homes available for sale, with a high number of buyers looking to purchase in the area. This is an appealing selling position for homeowners and there has never been a better time to sell.

CEO of Beyond The Stage Homes

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Taking the time to prepare your home to appeal to today’s buyers will not only result in increased interest, but it can be the difference between receiving several offers and an all-out bidding war. To maximize the profit on the sale of your property, be sure to avoid these top 7 things that are turning your buyers off (sometimes even before they have ever stepped foot into your home).

1

Neglected Repairs

“Move-in ready” homes are deemed to be the most appealing and as such they attract the highest demand. Buyers today are often purchasing at the top of their buying power, leaving little to no room for renovations or repairs. A “move-in ready” home means that they will not need to do much (if anything) to the home prior to moving in, allowing them to begin to enjoy their new home immediately. Additionally, simple repairs that have been ignored trigger the perception that other, larger problems may be lurking. Addressing all necessary repairs before listing the home will result in better quality offers.

22

Too much furniture

Most buyers aren’t looking to simply purchase a house, they want to invest in a home. Showcasing the experience of living in a home means furnishing it effectively throughout by selecting the appropriate furnishings for each room and removing excess and unnecessary pieces. Too much furniture can make a space feel cramped


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