ENHANCING YOUR
HOMES VALUE
Have you ever shopped for a diamond?
The jeweler, instead of just handing you the stone or plopping it on the counter
for you to examine, probably made quite a production of it. The counter was cleared,
leaving only a very bright, focused lamp. Out came a jet-black velvet cloth to
carefully accept the stone. The jeweler used oversized tweezers to delicately
place the stone in the middle of a velvet stage, allowing the gem to catch every
possible ray of light.
This "presentation" is of utmost
importance to the sale of jewelry. Perception and feelings are as important -
perhaps even more important - than reality. By making a big production and treating
the stone as "precious," the jeweler increases its value to the buyer! As a seller,
understanding and capitalizing on this phenomenon is crucial to maximize the success
of marketing your house.
Perception can be more important
than reality. Uncrowded closets suggest ample storage. An air conditioning compressor
with a clean outside surface creates the sense that it is well-maintained internally.
By contrast, negative features or coments can create negative perceptions, so
remember: Be it ever so humble, never make any aplogies for any aspect of your
home! Unlike the jeweler selling a stone, you can perform physical alterations
on your house.
Most car dealers, before putting
a used car on their lot, make sure its been waxed and buffed and that its upholstery
and carpet have been shampooed. If needed, they may even add some new tires. This
is called detailing, and they do it because it returns far more than it costs.
To get the most money in the shortest
period of time, you should "detail" your house before selling. Five hundred dollars
properly spent may return 10 times that amount and cut the marketing time by 70
percent.
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