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get top dollar home seller newsletter
                                                                                               it’s a goodlife
                                                  5 improvements not to do
                                                  before selling your home

spend a little…                                                               closets
              get a lot                                                          buyers may oooh and ahhh over a large
                                                                              walk-in closet that could double for a well
• if your stove has drip                                                      organized bedroom. however, they will
  trays, replace them. they                                                   rarely pay extra for it. adding, expanding or
  are inexpensive, easy to                                                    customizing closets can cost thousands of
  install, and improve the                                                    dollars and while they look impressive, the
  look of the appliance.                                                      return on investment isn’t. save your
                                                                              money.
• clean all windowsills regu-
                                                                              room additions
  larly. a dirty windowsill will       you’ve made the decision to sell
  negate any benefits of a                                                      unless your home is a two bedroom/one
                                   your home and now your mind is
  sparkling window.                                                           bath in a neighborhood of four bedroom/
                                   quickly filling with a lengthy “to do”
                                                                              two bath homes, don’t waste your time,
                                   list, but before panic begins to set in,   sanity or money on adding rooms.
• to remove old paint from         take heart and repeat a new mantra,
  ornate turnings, dip twine       “soap and paint are my friends.”              there’s no way to predict a buyer’s pref-
                                                                              erences, so it is best to present the home in
  into paint remover, hold by
                                      while the home should be neat,          the best way possible – using soap, paint and
  both ends and pull back          clean and in good repair, major im-        carpet – and leave any remodeling to the
  and forth between crev-          provements are not necessary and usu-      new owners.
  ices.                            ally cost more than can be recouped in
                                                                              pool
                                   the selling price. so, give the house a
• oil and rust stains can be       thorough cleaning, a fresh painting and       a pool may seem like a good way to at-
  removed from concrete            perhaps re-carpet areas that have worn     tract buyers but many folks just don’t want
  with commercial driveway         footpaths through them. money spent        the maintenance that comes with it. a buyer
  cleaners that are available      on soap, paint and carpet will reappear    who doesn’t want the upkeep of a pool
  from automotive and home         in the selling price of the home. and      won’t purchase a house that has one. pools
                                   remember, if buyers can’t see the          and their surrounding deck areas are expen-
  improvement stores.
                                   money you spent, you won’t recoup it…      sive and this cost is rarely returned in the
                                   even if you tell them about it.            selling price of the house. however, some-
                                                                              one who adores the house would be willing
                                     resist the temptation to undertake
                                                                              to put in a pool later. let them shoulder
                                   major renovations or replacements –
                                                                              that expense.
                                   particularly these five costly projects.


                                                                              (continued on the next page)




                                                                                        512.892.9473 • www.goodlifeteam.com
                                                                                     1114 east cesar chavez • austin, tx 78702
5 improvements not to do (continued)
   new roof                                            bathroom, experts suggest reducing the asking
                                                       price to reflect the outdated kitchen and bath-
      putting on a new roof isn’t a good idea for a    rooms and allow the purchaser to take care of
   couple of reasons. a seller is only required to     these projects.
   have a roof that doesn’t leak. leaky roofs are
   easily and inexpensively patched. the money            now that we’ve dismissed most of the major
   saved by patching the roof makes repair a bet-      projects, it is easier to focus on cleaning, paint-
   ter choice. also, replacing the roof involves       ing and carpeting. when deciding which projects
   making a subjective choice about the color,         to undertake, keep in mind that you want to do
   shingle style and durability of the roof. if the    the least amount of fixing up required in order to
   buyer doesn’t care for the new roof, the cost       sell the house for the maximum selling price.
   of it could be money wasted.

   major renovations to kitchen or bathroom

      remember the mantra? soap and paint are
   my friends. these renovations are costly and
   require decisions as to style, colors, brands and
   price. in lieu of remodeling the kitchen or


how to avoid the most expensive mistakes                finding the right real estate agent can make
smart people make when they sell a                      all the difference in the sale of your home...
home...
                                                        critical questions to ask: what is your marketing plan to
mistake #6: refusing to make profit-
                                                        sell my home? where will you market my home?
producing repairs
                                                        you are looking for a real estate agent or team
while you will more than likely not recoup the          that will do more than just put a sign in the yard
cost of the major improvements mentioned                and place your home in the mls.
above, some minor improvements and
                                                        in today’s market, where most buyers start their
repairs often yield as much as three to five
                                                        search online, you want a realtor with a heavy
times the repair cost at the time of sale. the
                                                        internet presence. take a look at
goodlife team can advise you as to which
                                                        goodlifeteam.com under free buying/selling tips
repairs to make to increase the value of your
                                                        at how to get the most money           for a look at how
home.
                                                        the goodlife team compares to the average
                                                        realtor.


                                                                              512.892.9473 • www.goodlifeteam.com
                                                                            1114 east cesar chavez • austin, tx 78702

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Newsletter 10 improvements

  • 1. get top dollar home seller newsletter it’s a goodlife 5 improvements not to do before selling your home spend a little… closets get a lot buyers may oooh and ahhh over a large walk-in closet that could double for a well • if your stove has drip organized bedroom. however, they will trays, replace them. they rarely pay extra for it. adding, expanding or are inexpensive, easy to customizing closets can cost thousands of install, and improve the dollars and while they look impressive, the look of the appliance. return on investment isn’t. save your money. • clean all windowsills regu- room additions larly. a dirty windowsill will you’ve made the decision to sell negate any benefits of a unless your home is a two bedroom/one your home and now your mind is sparkling window. bath in a neighborhood of four bedroom/ quickly filling with a lengthy “to do” two bath homes, don’t waste your time, list, but before panic begins to set in, sanity or money on adding rooms. • to remove old paint from take heart and repeat a new mantra, ornate turnings, dip twine “soap and paint are my friends.” there’s no way to predict a buyer’s pref- erences, so it is best to present the home in into paint remover, hold by while the home should be neat, the best way possible – using soap, paint and both ends and pull back clean and in good repair, major im- carpet – and leave any remodeling to the and forth between crev- provements are not necessary and usu- new owners. ices. ally cost more than can be recouped in pool the selling price. so, give the house a • oil and rust stains can be thorough cleaning, a fresh painting and a pool may seem like a good way to at- removed from concrete perhaps re-carpet areas that have worn tract buyers but many folks just don’t want with commercial driveway footpaths through them. money spent the maintenance that comes with it. a buyer cleaners that are available on soap, paint and carpet will reappear who doesn’t want the upkeep of a pool from automotive and home in the selling price of the home. and won’t purchase a house that has one. pools remember, if buyers can’t see the and their surrounding deck areas are expen- improvement stores. money you spent, you won’t recoup it… sive and this cost is rarely returned in the even if you tell them about it. selling price of the house. however, some- one who adores the house would be willing resist the temptation to undertake to put in a pool later. let them shoulder major renovations or replacements – that expense. particularly these five costly projects. (continued on the next page) 512.892.9473 • www.goodlifeteam.com 1114 east cesar chavez • austin, tx 78702
  • 2. 5 improvements not to do (continued) new roof bathroom, experts suggest reducing the asking price to reflect the outdated kitchen and bath- putting on a new roof isn’t a good idea for a rooms and allow the purchaser to take care of couple of reasons. a seller is only required to these projects. have a roof that doesn’t leak. leaky roofs are easily and inexpensively patched. the money now that we’ve dismissed most of the major saved by patching the roof makes repair a bet- projects, it is easier to focus on cleaning, paint- ter choice. also, replacing the roof involves ing and carpeting. when deciding which projects making a subjective choice about the color, to undertake, keep in mind that you want to do shingle style and durability of the roof. if the the least amount of fixing up required in order to buyer doesn’t care for the new roof, the cost sell the house for the maximum selling price. of it could be money wasted. major renovations to kitchen or bathroom remember the mantra? soap and paint are my friends. these renovations are costly and require decisions as to style, colors, brands and price. in lieu of remodeling the kitchen or how to avoid the most expensive mistakes finding the right real estate agent can make smart people make when they sell a all the difference in the sale of your home... home... critical questions to ask: what is your marketing plan to mistake #6: refusing to make profit- sell my home? where will you market my home? producing repairs you are looking for a real estate agent or team while you will more than likely not recoup the that will do more than just put a sign in the yard cost of the major improvements mentioned and place your home in the mls. above, some minor improvements and in today’s market, where most buyers start their repairs often yield as much as three to five search online, you want a realtor with a heavy times the repair cost at the time of sale. the internet presence. take a look at goodlife team can advise you as to which goodlifeteam.com under free buying/selling tips repairs to make to increase the value of your at how to get the most money for a look at how home. the goodlife team compares to the average realtor. 512.892.9473 • www.goodlifeteam.com 1114 east cesar chavez • austin, tx 78702