Tips for Selling Your Kingston Home Privately
It’s easy to sell in a HOT market but how do you
GET YOUR PRICE in a sluggish or crowded (normal) market?
We’ve all heard the stories of people selling their
Kingston real estate the first day it comes on the market and
getting more than they asked for at incredible terms. This
might happen in just the right market at just the right time
but most of us live in the real world. That doesn’t
mean you can’t get your price and your terms, it just
means you have to be smart about selling your Kingston home.
- Spruce up your home and property - You
can’t sell to someone who isn’t there! In order
to get prospective buyers in the door you can increase your
"curbside appeal" with a little window dressing
and by making those repairs you have been putting off:
- fix or replace damaged flooring
- fix drains, faucets or plumbing fixtures including
toilets
- paint, paint, paint inside & out - this is perhaps
your most effective "quick fix"
- replace burned out bulbs and broken electrical sockets
- fix all the doors, exterior, interior, closet &
garage
- replace old locks and loose doorknobs
- spruce up your steps and exterior entrances, you have
to get the buyers in the door!
- replace cracked windows and torn screens, a fresh
set of eyes will notice those details.
- fix cracks in driveway and walkway, if major repairs
are required you may prefer to offer the buyer an allowance
for the work.
- don’t forget to fix or replace gutters &
downspouts
- is your deck a deathtrap? Replace those rotten boards
and railings.
- look up, look way up! Don’t forget the roof,
make minor repairs or be ready to allow for major repairs
in your sales deal.
- plant flowers (in season), put potted plants on your
deck and buy indoor plants and flowers
- tried & true, bake bread or cinnamon buns to remind
your buyer of home and Mom!
- clean up your garage and your basement.
- Clean your room! - Or in this case ALL
your rooms. Your mother was right on with this advice. You
wouldn’t believe the number of sales that have been
lost due to dirty kitchens and bathrooms, clutter, stains
and strange odors. There’s no excuse for showing a
dirty home. Pretend your mother-in-law is coming to visit
and give yourself the "white glove" test, you’ll
be laughing all the way to the bank!
- Make your home accessible! - The more
accessible your home is the more it will be shown and that
gives you better odds of finding a buyer willing to pay
top dollar. A lock box is favored because it offers realtors
unlimited access (within reason) to show your home. Appointment
only arrangements are more restrictive, in today’s
competitive market buyers who can’t see a home at
their convenience will go on to view, and purchase, other
homes.
- Ask your realtor for tips on how to show your
home. - Knowing exactly what to say and do when
you show your home is crucial. There are "do’s"
that may help clinch a deal and "don’ts"
that might sink it. Little details can make a big difference
- ask!
- Remember - this is business. - This is
a $ and ¢ transaction. Don’t allow your emotional
ties to your home cloud your judgment. You may be selling
the home that little Jimmy and Janet grew up in but the
buyer is just buying a house that they want to make into
their home. You’ll have your memories, your pictures
and your money to take with you to your new home.
- Pay for a home inspection - Once you’ve
got them in the door, what can you offer a purchaser that
makes your home more appealing than the one next door? -
How about a home inspection? You know they’ll want
one if they’re serious so why not beat them to the
punch by offering them a comprehensive home inspection report
possibly combined with a home warranty that reassures prospective
buyers that the property is in good condition and that certain
repairs will be covered by insurance. You’ll get brownie
points if you make copies of these documents for buyers
to take away.
- Bonus - As well as functioning as a
great sales tool, your home inspection can ward off ugly
surprises from the buyers inspector. You need to know about
major problems now, so you can fix them or price accordingly.
Not all surprises are fun!
- You like red walls, they prefer cream
- If a prospective buyer likes everything but your taste
in décor consider offering them a decorating allowance
to cover the cost of paint, wallpaper or new carpet.
- You’ve found a buyer but they aren’t
in a position to make the purchase at this time
- Consider a lease option, this allows a buyer to rent the
property for a period of time with an option to buy. A percentage
of the rent is set aside as the buyer's down payment while
you use the remainder to cover your mortgage. To motivate
your purchaser you can offer to put at least 30 percent
of the rent toward a down payment.
- Offer to finance the sale yourself -
If you have lots of equity in the home you might want to
consider "seller financing". Options include buying
down the mortgage rate, putting funds in escrow to cover
several months of mortgage payments, and carrying back a
second mortgage to help a buyer cover a down payment. Before
you offer financial assistance to a buyer, consult your
agent and a real estate attorney, and make sure the buyer
is creditworthy.
- Offer to cover some of the closing costs -
You don’t want to lose the deal over a few dollars!
You can offer to cover non-recurring closing costs like
prepaid interest charges or the first year of property taxes.
Paying points is an attractive incentive that you may also
be able to use as a tax deduction. Most lenders limit the
amount of closing costs you can pay, but this can make a
difference for buyers who are short of ready cash.
- If your home is not selling don’t just
sit there - do something! - The longer your home
is on the market the less likely you are to get a full price
offer; you run the risk of becoming a "stale listing".
After the first month goes by don’t hesitate to take
steps to renew enthusiasm for your property. If you have
made any repairs or are prepared to offer new incentives
then host an Open House to announce it.
- Review your price -, Often the reason
houses don't sell is because they're overpriced. Market
forces can't be controlled but price is something you can
control. The best sales strategy involves being realistic
about the value of your property. If your price is too high
your home will languish in the marketplace, if the price
is too low you may be giving away thousands in profit to
a total stranger. Consult the experts; if the consensus
is that your home isn't selling because of price then adjust
it as soon as possible. Get a FREE
Home Evaluation.
- Get back to basics - Your FOR SALE sign
is one of your most important sales tools. It should be
easy to read from the street, two sided and in excellent
condition (remember "curbside appeal"). Make sure
your sign lists any incentives (like home warranties) that
you are offering. Find out Kingston
Living's "House For Sale" signs.
- You have a built in audience, use them to spread
your message - If you have a lot of walk by traffic
in your neighborhood you may want to display a box of brochures.
Your neighbors will know all about your place and your price,
but you’re leaving anyway so what does it matter?
What does matter is that word of mouth can be very effective
advertising, especially if your area is desirable.
In Conclusion: You are not in this alone.
Kingston Living is here to help you sell your home. Whether
directly through our web site and our signage, or by referring
you a real estate agent that suits your needs.

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