Rule of Thumb
01.08.2010
When it comes to real estate there are many rules of thumb. The one that I often relay to my clients, especially when it comes to them selling is, don't spend a dollar to make ninety cents. Two areas that are focal points when it comes to a property purchase is the kitchen and bathroom. Ironically these are the two areas that could end up costing the most to refurbish.
Don't fall into the trap of believing that when you improve the saleability of a home that you are necessarily improving it's market value.
When offering any commodity to a market place, particularly Real Estate, the maximum scope of buyers is an essential element if you hope to sell the item at the best possible price.
Key words to keep in mind prior to embarking any work to your home is neutrality, particularly with respect to colour schemes and serviceability of appliances.
Another rule of thumb, is shop around not only for materials, but for the professionals you may decide to engage. Remember, there is no such thing as a bad reference/testimonial. If possible see their work and make your own judgement.
When you have done the work and prepared your home for sale then deal with an agent you can trust. An agent that tells you what you need to know, not necessarily what you want to hear.
