In today’s market, sellers who have kept up with all of their home’s maintenance needs are finding themselves in a much more enviable position than a homeowner who has neglected theirs. The reason for this is the market change from a “seller’s market” of just a couple years ago to the current ”buyer’s market”. Buyers are no longer saying yes to the “as is” agreement when purchasing a home. It used to be that before listing their home, sellers would put most of their time and energy into things like pretty new paint, updated light fixtures, fresh new flooring and hip hardware. Unfortunately, for a seller in today’s market you still must manage these minor updates, as well as keep home maintenance up-to-date to sell quickly. For example, it is helpful for a seller to have their roof maintenance performed or any termite damage corrected before putting the home on the market. Buyers are looking more closely at the costs of these things before buying. If there is another home down the street with good home maintenance and not such great curb appeal, in today’s climate a buyer may choose the former – as it will be less cash out of pocket and less headaches for them down the line.
For more information about home maintenance tips see Home Tips or contact Jason White for more information on listing your home in the Greater Smoky Mountain Area.