Selling Your Home - Why Should Buyers Choose Yours?

November 20, 2008

Assuming certain factors are the same - such as location, amenities, approximate price range, features - what would entice a buyer to put an offer on your house instead of another in your subdivision?

It’s been my experience that most buyers lack imagination when it comes to looking at properties. They are effected by your decorating, your taste and how your home makes them feel. Only about 20% can detach themselves from your decorations and imagine their home in its place.

So how do you appeal to the 80% of buyers who want to walk into your house and feel at home?

The first step is to de-clutter your home. Any clutter translates into a read-between-the-lines detractor of “not enough storage space”. If you truly don’t have enough storage space for all of your possessions, treasured though they may be, then rent a small storage space. Go through your home and remove everything except the most flattering and visually appealing items. Your home does not want to look bare, but it needs to give the impressions of elegance and space.

The next step is to take care of any maintenance issues before you put the home on the market. You may be temped to say, “I’ll fix anything their home inspector finds”, but in my experience, your initial offer will be lower (or even non-existent) if the impression the buyers get is that you have not taken care of the home. So replace rotten wood, fix and paint damaged or grubby walls, replace torn or damaged flooring, service HVAC units before you call your real estate agent.

The final step is to thoroughly clean the home. Hire someone to help you do a deep spring cleaning - clean baseboards, polish mirrors, shampoo carpets. Make your home sparkle. Buyers will notice on a subconscious level that the home is clean. Why do you think new homes are so attractive to buyers? It’s because no-one’s dirt is there - it’s virgin and pristine.

Once you have listed the home, keep it clean and tidy. Make beds and put away dishes before you leave in the morning. So often I’ve tried to make appointments to show a home, and the seller has said that we’ll have to come back another day because they left the home in a mess that day. Normally there is no “another day”. So if there is a day you’ve had to run out in a hurry, take a deep breath and let it be shown anyway and hope that the buyers are the 20% that can imagine the dishes in their right place!

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Local Information for Germantown, TN

Latitude: 35.089023 -- Longitude: -89.793997

Other Area Cities: Germantown Bartlett Collierville Olive Branch Memphis

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Germantown is a city in Shelby County, Tennessee, United States. Germantown is best known as a suburb of Memphis, Tennessee. The city also is home to some of the highest real estate prices in the area. Bordering Memphis to the east, Germantown is a quiet town of streets lined with mature hardwood trees, and often stately homes. There is practically no industry in Germantown, but the city is home to significant retail. In the city center is the Old Town Germantown neighborhood, anchored by a depot and railroad tracks that recall the community's earliest days of development as an outpost along the Memphis and Charleston Railroad. Annual events in Germantown include the Germantown Festival, and the Germantown Charity Horse Show which lures equestrians from all over the country.The median income for a household in the city was $94,609, and the median income for a family was $103,726. Males had a median income of $77,857 versus $38,311 for females. -- Source: Wikipedia.com

Tennessee 2000 Census Population Profile Map

	Germantown	Tennessee	United States
Population	37,348	5,689,283	281,421,906
Median age	41.3	35.9	35.3
Median age for Male	41	34.5	34
Median age for Female	41.5	37.2	36.5
Households	13,220	2,232,905	105,480,101
Household population	37,314	5,541,337	273,643,273
Average household size	2.82	2.48	2.59
Families	11,064	1,547,835	71,787,347
Average family size	3.14	2.99	3.14
Housing units	13,676	2,439,443	115,904,641
Occupied units	13,220	2,232,905	105,480,101
Vacant units	456	206,538	10,424,540

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