Warning...fix it the right way, first, and you'll get paid later.
The current real estate market is very competitive in the sense that when a home is first listed on the market, a plethora of buyers will flock to that home. This is due, in part, to the incredibly low interest rates combined with a low inventory. As the buyers tour your home, their eyes and their minds are trained to identify the potential issues found within your home. They believe that if they are able to find issues within your home, that this will strengthen their negotiation position. An Anchor Real Estate Advisor will perform a walk through prior to marketing your home to ensure that these common issues are addressed to avoid complications while your house is being actively marketed.
You may have already considered that you're going to move in 2021. If that is the case, read the article below shared by Realtor.com to ensure that you avoid these pitfalls before listing.
As a seller, you should already know that legally, you can’t hide any major problems with the house. So if your home needs some attention, don’t slap on a quick fix—you’re not fooling anybody, and you may just send potential buyers straight back out the door, says Chicago-based Frank Lesh, ambassador for the American Society of Home Inspectors.
“Sellers have to be careful not to put lipstick on a pig,” he cautions. “Just do the right thing, fix the problem, and make the deal go through a lot smoother for everybody.”
Here’s how to tackle eight common repairs properly to swing the odds in your favor.
1. A fresh coat of paint on one room’s ceiling
The issue: A stained ceiling, possibly from a leak
“When we inspectors see cans of new stain-killing primers in the garage, we know that something happened,” says Lesh.
Do this instead: If you paint over a stain without making sure you don’t have an active leak, that stain can reappear in a month, adds Lesh, so bring in a professional who can rule out a leaky roof or some other problem.
2. Bathroom water is shut off
The issue: Your toilet runs constantly
Do this instead: “The most common failure is the flapper in the toilet tank. There may be debris caught under it, preventing it from closing, and flappers wear out and need to be replaced from time to time,” says Lesh. “This is an inexpensive repair that any handy person can do.”
3. Newly painted trim
The issue: Wooden window frames past their prime
“A lot of times people paint over rotten wood, and think nobody’s going to see that, but we can tell that it’s rotting. We just put our fingernail on the trim to see if it goes through the wood,” says Lesh.
Do this instead: Pull out the rotten trim and replace it.
4. Lights are off in just one room
Issue: Flickering lights in that room
Do this instead: “Electrical issues can be dangerous, so if you’ve tried the lightbulb in another fixture and it works, then there may not be power going to the light,” says Lesh.
Pick up an inexpensive voltage tester, which lights up when electricity is present at the switch and fixture, he suggests. A handy homeowner may be able to trace the problem, but to be safe, call an electrician to make sure the wiring is correct.
“Old wiring can be a concern to some buyers, so sellers are better off just fixing it ahead of time,” adds Pineda.
5. Small space heaters or air conditioners set up
Issue: Some rooms are too cold or too warm
“If a home has central air conditioning, but in one room you see an additional AC unit sitting there, buyers are going to wonder why it’s not working,” says Pineda.
Do this instead: If you have a forced-air furnace, check to make sure the furnace filter, blower fan, ductwork, and grills are clean, advises Lesh.
“Sometimes debris clogs the system, and the further the cold room is away from the furnace, the harder it is to get heat,” he explains. “If you have radiators or baseboard units, make sure they’re clean and not obstructed.
“If the colder rooms are over an unconditioned space like a garage, then there may be poor insulation in that room, which will make the room harder to heat and cool,” Lesh adds. “A home inspector who uses an infrared camera should be able to find the problem.”
6. Dehumidifier and air freshener in place
Issue: A bad smell in a damp room
“It raises my radar when I see or smell that,” says Lesh. “That’s a real tipoff, because either there’s mold or mildew, or something else.”
Do this instead: “There’s typically a root cause for a room being damp, so you want to correct the cause, not put a Band-Aid on it,” Lesh says. “If there’s moisture getting in the house, that moisture is generally coming from outside. Figure out how to prevent water from getting in, not how to handle it after it gets in.”
7. Plastic wrap taped across every window
Issue: Old, drafty windows
Do this instead: “Sealing the areas around the windows would be a good alternative to plastic wrap,” says Lesh, who suggests buying caulk in rope form, which can be molded to fit around large openings and cracks. “That’ll form an airtight seal, which will help keep drafts out.”
8. Strategically placed planters or shrubs
Issue: Puddles of water near your foundation
Do this instead: Water should always drain away from your foundation, notes Lesh, so if it’s collecting against your house, this needs to be corrected.
“Ask a professional why this is happening,” suggests Lesh. “Ask: Is the land sloping toward the house, which means water might eventually run into the lower level? Are the gutters clogged so water is pouring over the top and landing alongside the foundation?”
Taking the time now to fix things properly instead of rushing through a shoddy half-repair will pay off in the long run, advises Pineda.