How to Turn Your Home Into a Product in Real Estate
If a home sale is in your near future, it’s time to start thinking of your home as a product to be sold on the market. Once for sale, your home becomes less about where you live, where you’ve made memories or have lots of life experiences. And to achieve top dollar, you should look at your property through the eyes of prospective buyers and focus on what they want.
1. Depersonalize and unclutter. Like any product for sale, you want your home to stand out and be as appealing as possible. This means depersonalizing it, uncluttering, and making improvements to show the home in as neutral a light as possible. You want buyers to walk through your home to imagine themselves living there. You don’t want them thinking they’re walking through someone else’s home.
2. Emotionally detach. You have to emotionally move on before you can physically move on. Know that it’s normal and highly likely that you’ll experience strong feelings about selling your home. Allow yourself to ‘grieve’ if you need to. But keep your eye focused on what lies ahead: a new transition.
3. Clean, paint, stage. Most people assume the hardest part about selling a beloved home is the closing, handing over the keys, or walking out for the last time. Actually, by that time, most sellers have psychologically moved on. It’s the act of clearing out the clutter, taking out some furniture and/or making small improvements to the home that tug at the heart. Repainting your favorite pink room to a more neutral color or transforming your comfortable living room into more of a “staged” look can create incredible stress.
4. Have doubts? Don’t do it. If you’re not sure it’s time to sell, don’t do it. Don’t be pressured by your partner, spouse, or the “hot” real estate market. As a way to resist the change, a seller will ultimately shoot themselves in the foot by over-pricing the home or not making the necessary improvements. If you have the luxury of moving out prior to selling, do it. Moving out, packing up and clearing out will be emotional. But by the time it’s ready to be staged and go on the market, you’ll have emotionally detached from the home. You’ll start to see it as an investment.
