Seasonal Maintenance – Autumn Selling

Seasonal maintenance might not be on the top of your list most weekends but if you are considering selling in the coming months, there are a few small things you can do now to maximize on your investment and capitalize on profits.

  • Check chimneys for obstructions such as nests. If you have fireplace or wood stove, get your chimney cleaned and serviced. If you plan on selling during the cooler months, having optimal heating will increase the possibilities of a sale.
  • Ensure windows and skylights close tightly; repair or replace the weather stripping as needed. Drafty houses are harder to keep warm which not only mean higher electricity prices but an undesirable environment for prospective buyers.
  • Clean leaves and debris from guttering and the roof, and test spouting to ensure proper drainage. Overflow and puddles is not a great sign for people seeking a warm, dry home. Also, spending a little time cleaning out guttering can help you avoid autumn water issues.
  • If you are on septic and not town sewerage, make sure that it is checked and if required, emptied. The smell from some septic tanks can be off-putting to those considering living in your home.
  •  Winterise your landscaping. Protect your outdoor furniture by putting it into storage, prepare gardens and, if necessary, protect young trees or bushes for winter so that they survive the colder months. Also, the leaf litter from your gutters makes a great garden mulch.
  •  Check for cracks. Has your house shifted in the dryer summer months? Some houses in the Macedon Ranges develop plaster cracks as the house adjusts to the lower water supply. Patch, repair and paint to ensure that the house is fresh ready for you to put the house on the market.

In all cases of selling your home, it is important to plan ahead. Think ahead and imagine what the experience will be like for buyers when they come to buy in the cooler months.

 

 

 

Kyneton: It’s a sellers market

*this article was previously published in the March 2018 Midland Express Newspaper

Continued growth in Melbourne has added to the attraction for home buyers to seek out more affordable accommodation in regional locations.

The allure of Kyneton as a viable destination for property investors is evident, not just due to the incredible array of resources and services on offer, but by the limited supply of properties currently available on market.

Ask any agent in the area and they will all tell you the same thing: the demand is high and the stock levels are low.

The latest CoreLogic Property Data price data, as of 19 February 2018, shows that the median house price in Kyneton has increased to $507,000, a more than solid home price growth for the region.

Data from realestate.com.au shows that Kyneton is a high demand market with around 686 unique visits per property listing per month on their website, compared to the Victorian average of 894 per property listing.

This interest in Kyneton has supported the increase in property prices and it doesn’t look to be cooling. Melbournians chasing value for money are driving property price growth in the state’s commuter towns, with the Macedon Ranges seeing an increase in growth of around 20% in the last decade.

Greater infrastructure and investment commitments for regional Victoria have enhanced the desirability of these areas for buyers, particularly the improved road and rail services.

Homeowners are thriving in this seller’s market. Properties are selling quickly and at record prices. Competition to buy in Kyneton means that listings are moving at record rates.

For sellers wanting to downsize, they are in a great position to sell their homes at a profit and free up funds for their retirement or boost their cash reserves.

Predictions for the property market are that it might cool in 2018 so it’s a great idea to take advantage of pent-up demand while you can.

For more property insights, head to jenniferpearce.com.au

 

 

Why looks can be deceiving when it comes to real estate agents

Whether you are selling your lifetime home or an investment property, finding and choosing a real estate agent is a big decision.

I often hear of people having less than pleasant experiences with real estate agents. As part of my role as an agent, I like to work with clients to help them make an informed decision so they can maximise on their property sale.

Here are 4 tips to help choose the right agent for you.

1. Research

Research potential agents just like you would if you were investing in any other big purchase. There are many different real estate agencies to choose from but ensure you read reviews or ask local residence about who they would recommen

2. Ease , Trust & Comfort

Do you feel comfortable with the agent? Given that you need to be very honest with an agent throughout the process, you need to make sure you are comfortable with the agent and can have open and honest communications.

3. Market Knowledge

The agent should be able to give you a thorough snapshot of the market in your area and surrounding areas. They should know about schools, transport, demographics and the sorts of buyers looking for homes in the area.

4. Audition them

One of the best ways to research your agents is to attend open house inspections. Here is your chance not pop into one and see your agent in action.

At the inspection watch and interact with the agent, and consider the following things:

  • How does the agent communicate and interact with potential buyers. Is their communication style something that would work for you?
  • What is their behavior at the open house inspection? Are they standing at the door and welcome everyone? Did they identify the features of the property for sale and answer all the questions about the property?
  • Did they follow up with you after your attendance at the open house inspection to see if you wanted more information about the property
  • Were they punctual?
  • What do you think of the marketing/advertising for the properties the agent has listed?

These are just a few of the things for you to consider when selecting an agent – so happy selling and buying.

Spring is coming. No really, it is!

*This article appeared in the Midland Express Newspaper on Tuesday 1st August 2017

 

Even though the sting of a Kyneton winter is still in full effect, keep in mind that in a few short weeks our daffodils will be blooming and the days will be mercifully longer.

Consider this your lead up time in preparation for a spring sale.

But before you do anything, get in touch with your agent. This is the perfect time to reach out to them so that they can give you advice on what needs to be done to secure the best price sale for your property. Talking with a trusted agent will also assist you in planning for the months ahead.

Your home needs to be in the best shape possible if it’s to compete with all the other properties in the springtime market. Manyt vendors make the mistake of waiting until spring has fully arrived before giving their agent a call, leaving them with limited time to prepare their home.

If you are committed to selling your property in spring, you need to start preparing your home for sale at least a month or two before you intend to start your marketing campaign. Most homes need a fresh coat of paint, new carpeting, ridding their garden of winter debris and so on. Other vendors may need to go the whole nine yards and have extensive repairs done in order to maximise the sale price.

No matter when you choose to sell your home, it’s important to be willing to adapt to the season and circumstances. Spring provides an abundance of advantages to sellers, helping you appeal to a buyer’s wish to make a fresh start.

For more on getting your home in shape for a spring sale and on the Kyneton property market, head to jenniferpearce.com.au

A swift spring sale and how to get it.

So you want a quick sale post winter but have not done anything to prepare for it?

 

Here are few things you can do within a month to get your property sold.

 

Week 1: Find a Great Agent.

Your choice of real estate agent can make tens of thousands dollars difference to your sale. When you’re trying to sell your home quickly, it’s important to consider these questions when finding the right agent:

  • Do they have strong local networks?
  • Do they have a strong buyer network?
  • Have they got a positive sales record?
  • Are they organised, remember appointments and follow up?
  • Are they an strong communicator?
  • Do they respond to your questions quickly and confidently?

Chat to some agents to gauge a response to these questions. You will gather a good sense of their authenticity and willingness to provide a great service very quickly.

 

Week 2: Do a faux “renovation.

Little tweaks and maintenance jobs can make a big difference in the overall feel of a home. Is the kitchen a little outdated? Replacing the fixtures, tap fittings and hinges can refresh a space in an instant. Is the family room furniture beaten up? Throw some slipcovers over it.

Whatever you choose, make sure that each room has a purpose.  That spare room you’ve been using as an office / guest room /dumping ground won’t help sell your home unless you show buyers how they can use it themselves. So pick a use (office, guest room, crafts room) and clearly stage the space to showcase that purpose.

 

Week 3: Hit the garden – hard!

 Post winter, your garden will no doubt look a little sad. It is time for you to freshen up the outside of your home as this will make a huge difference to your sale.

Mow the lawns, weed the garden and cut back any overgrown plants. Plant some mature plants in areas that need sprucing and ensure that any damage caused by pets is repaired.

 

Week 4: Prepare yourself for inspections

You’ll need to be very organised for your inspections. A good agent will help you choose the best time of day to host them, and provide guidance on staging your home to make a good first impression.

Consider these ideas for your inspection day:

  • Open up the house and let the fresh air in
  • Clean your house from top to bottom.
  • Clear all bench tops, removing any items that aren’t in use
  • Give every room a purpose – even odd shaped nooks
  • Place fresh flowers on the kitchen bench and coffee table
  • Put anything not in use that clogs the space in storage

While there is no guarantee on selling a house within a period, it is entirely possible to sell in a short period if you are organised and ready to work hard within that timeframe.

 

To kick start your sale, contact me and we can get your home ready for market.