Real Estate Information Archive

Blog

Displaying blog entries 1-4 of 4

What is earnest money?

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

Earnest Money is a deposit made to a seller showing the buyer's good faith in a transaction.  This amount typically equals between 1% to 3% of the property purchase price.  This money is held in a non-interest bearing account by the listing company until closing.  When the transaction is finalized, the funds are put toward the buyer's down payment.   If the contract falls through, the buyer may not be able to reclaim the deposit.  Typically, if the seller terminates the deal, the earnest money will be returned to the buyer.  When the buyer is responsible for retracting the offer, the seller will usually be awarded the money.  

 

Vicki Graham Graham
Broker Associate
#1 Properties

What can I personally do to help it sell my home for the most money?

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

Make the Most of that First Impression

A well-manicured lawn, neatly trimmed shrubs and a clutter-free porch welcome prospects. So does a freshly painted - or at least freshly scrubbed - front door.  If it’s autumn, rake the leaves. If it’s winter, shovel the walkways.  The fewer obstacles between prospects and the true appeal of your home, the better.  Find a landscaper or painter to help.

Invest a Few Hours for Future Dividends

Here’s your chance to clean up in real estate. Clean up the living room, the bathroom, the kitchen.  If your woodwork is scuffed or the paint it fading, consider some minor redecoration.  Fresh wallpaper adds charm and value to your property.  If you’re worried about time, hire professional cleaners or painters to get your house ready.  Remember, prospects would rather see how great your home really looks than hear how great it could look “with a little work.” Find a cleaning service or handyman to help.

Consider Your Closets

The better organized a closet, the larger it appears. Now’s the time to box up those unwanted clothes and donate them to charity.

Make Your Bathroom Sparkle

Bathrooms sell homes, so let them shine. Check and repair damaged or unsightly caulking in the tubs and showers.  For added allure, display your best towels, mats, and shower curtains. Find a contractor to help.

Create Dream Bedrooms

Wake up prospects to the cozy comforts of your bedrooms. For a spacious look, get rid of excess furniture.  Colorful bedspreads and fresh curtains are a must.

Open Up in the Daytime

Let the sun shine in! Pull back your curtains and drapes so prospects can see how bright and cheery your home is.

Lighten Up at Night

Turn on the excitement by turning on all your lights - both inside and outside - when showing your home in the evening.  Lights add color and warmth, and make prospects feel welcome.

Avoid Crowd Scenes

Potential Buyers often feel like intruders when they enter a home filled with people. Rather than giving your house the attention it deserves, they’re likely to hurry through. Keep the company present to a minimum.

Watch Your Pets

Dogs and cats are great companions, but not when you’re showing your home. Pets have a talent for getting underfoot. So do everybody a favor:  keep Kitty and spot outside, or at least out of the way.

Think Volume

Rock and roll will never die - but it might kill a real estate transaction. When it’s time to show your home, it’s time to turn down the stereo or TV. Be friendly, but don’t try to force conversation.   Prospects want to view your home with a minimum of distraction.

Don’t Apologize

No matter how humble your abode, never apologize for its shortcomings. If a prospect volunteers a derogatory comment about your home’s appearance, let your experienced Agent handle the situation.

Keep a Low Profile

Nobody knows your home as well as you do.  But your Agent knows buyers - what they need and what they want.  Your Agent will have an easier time articulating the virtues of your home if you stay in the background.

Don’t Turn Your Home into a Second Hand Store

When prospects come to view your home, don’t distract them with offers to sell those furnishings you no longer need. You may lose the biggest sale of all.

 

 

Make Your Home Camera Ready

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

Tips On “Staging”

by Vicki Graham, #1 Properties, Vicki@GrahamHouse.com

Tips On “Staging”

 

“Staging” refers to all the things you can do to make your home sparkle, which we know through experience is a KEY to obtaining the highest possible sales price.

Create good “curb appeal”.  When the potential purchasers step from the salesperson’s car and see you home for the first time, you want that first impression to be a “WOW”!  The lawn, bushes, flowers, etc., should be kept cut, trimmed, and edged.
 

  1. At the front door you want to maintain that great first impression. As the potential purchasers wait to enter your home they will be inspecting its exterior condition.  So, be sure the front door and surrounding area are scrubbed clean and painted if necessary.  You may wish to enhance the entrance area with decorative planter of colorful flowering plants.
     
  2. Keep the window areas clean and dressed up with curtains or drapes. Keep the curtains or drapes open when the home is being shown so as to keep the interior bright and cheery.
     
  3. If any of the interior walls need scrubbing or painting it is a good idea to get that accomplished immediately.  Money spent on interior painting is usually more than recovered in the final sales price.  Be sure to use a bright and neutral color.
     
  4. Be sure to keep the kitchen area sparkling and neat since it is an area of major importance.  This is not always convenient, but the kitchen often sells the home.
     
  5. The bathrooms are also utmost importance.   Be sure to keep them scrubbed and neat.
     
  6. Make up the beds each day and make sure all clothes are hung neatly away.
     
  7. During evening showings be sure to leave lights on in each room.  This helps to show the home in its best light and makes the potential purchasers feel welcome.
     
  8. Keep all stairways clear of hazards.  Make sure dishes, clothes, toys, newspapers and magazines, etc., are put away.
     
  9. Keep the family pet out of the way during showing.  If the potential purchasers are uneasy around your pet, they will not want to stay.  And, if they enjoy seeing your pet, they will be distracted.  In either case, they are not focused on your home.
     
  10. It is important for the potential purchasers to feel as comfortable as possible while in your home.  So as not to make them feel as if they are intruding, it is a good idea for you and your children to leave them alone with the salesperson.  They will then feel more comfortable t stay and take a good look, and the salesperson can doe his/her job.  They will find you if they have a question.

The more your home looks like a model home the closer to top market value you will receive!

Displaying blog entries 1-4 of 4

Share This Page

Contact Information

Photo of Vicki Graham, Broker Associate Real Estate
Vicki Graham, Broker Associate
#1 Properties
6106 Yellowstone Rd.
Cheyenne WY 82009
(307) 631-6884
307-773-8454