Lynn D'Avolio
Coldwell Banker Residential Brokerage | 801-597-2857 | lynn1@soldbylynn.com


Posted by Lynn D'Avolio on 6/9/2015

What do buyers want in a home? Is it location? Is it size? Could it be an endless list of amenities ? According to a survey done by The National Association of Homebuilders, they want all of the above. According to the survey, buyers say they want a home that is approximately 2,000 square feet. Unfortunately, only†one-third of the current homes on the market have 2,000 or more square feet of livable space. Most homes†are nearly 40 years old and don't have many of the amenities buyers want. So what is a seller to do? If your home is smaller than what most buyers want, play up on your homes good points. Here are some other features buyers want that could help overcome the objection to the homes smaller square footage. Location: Buyers may consider a smaller home if it's located in the†best school district or in a great commuter location. Possibilities: A smaller home may have†potential for expansion, making the home suddenly more appealing. Great space: The home may not have the square footage buyers want, so show off the space it does have.†Remove any furniture that doesn't complement the home, making the home seem spacious and uncluttered. If your home is smaller than what many buyers want,†emphasize the amenities that it does have. Help buyers see the potential in your home. Don't let them rule it out just because its current condition doesn't meet all of their needs.    





Posted by Lynn D'Avolio on 4/7/2015

1. Stage your home. According to the Real Estate Staging Association, homes that are staged sell on average 78% faster than the competition. Staging is more about creating a mood than moving furniture around. Staging makes a house look bigger, brighter, cleaner, more inviting and best of all makes buyers want to buy it.

2. Donít forget the outside.
Stage the exterior of your home too. Fresh paint, updated landscaping and welcoming lawn furniture will help will a quick sale. Buyers often look for an outdoor space that they can enjoy with friends and family.

3. Make your home available.
Homes that donít get shown donít get sold. Try to accommodate as many appointments to view your home as possible. In todayís market, there are many vacant properties that can be shown anytime. Restrictive time frames, appointments that have to be set far advance will usually result in a buyer crossing your place off the list.

4. Get real about pricing.
Try to be the best deal on the market. Homes that are priced correctly will sell quicker and get a higher sale price than those that have sat on the market. Todayís educated buyers are familiar with comparable sales in the area. They will flock to a home that looks like a great deal. Competitively priced homes get the most traffic and at times even receive multiple offers.

5. Pay attention to the competition.
Look at the price that homes that are similar in style, condition and location have sold for. Attend some open houses and honestly size up your competition. Try to look at your competition from the Buyers point of view removing all emotion you may have tied to your home. Keep constantly updated on changes in the market and try to stay ahead of the curve.





Posted by Lynn D'Avolio on 3/24/2015

Does your home have a basement? If you own a home with an unfinished basement, you have a prime opportunity to add significant value to your home. In fact, some states will allow you to count a finished basement's square footage as part of the house, thereby additionally increasing your home's value. Here are a few other incentives for you to start what may be the most lucrative home remodeling project you can undertake as a homeowner. Freedom - Not only does finishing your basement add value to your home, it also gives you an opportunity to create an entirely new floor plan from scratch. You can make a new family den, a couple of small rooms for storage, study, or playtime, or you can construct a fully functioning extra level of your home, complete with a bathroom. The possibilities are endless. Income - Creating a fully functioning basement level that can be rented out to tenants is an exciting way to independently earn some income from your hard work. While some may be turned off to the idea of renting space in their home to strangers, finishing the basement with an extra bathroom is still a lucrative endeavor if you ever plan on selling your home. Utility Savings - When properly insulated, basements will tend to be the coolest level in the summer, and the warmest level in the winter. Many families benefit from turning their basement into a den for this reason. Space - Many people use their basements for storage, but most don't utilize the space as efficiently as they could. Even a partially finished basement can provide you with proper storage capabilities that you wouldn't be able to utilize as effectively in an unfinished basement. For tips and floor plan ideas, visit http://www.hgtv.com/topics/basement/index.html





Posted by Lynn D'Avolio on 2/17/2015

Selling a home in the age of Facebook, You Tube, Twitter, and mobile computing, changes the way homes are marketed. †No longer is the day when agents and buyers carry around flyers and brochures. Most home hunting happens from the palm of a hand. So, what is needed to sell your home in the digital age? Photos: Studies show that more photos can increase "the perceived value" of your home by about 13 percent. Video: Video marketing is growing by leaps and bounds. Recent statistics show that approximately 21 percent of buyers are viewing videos of homes for sale on online with that number increasing daily. Virtual Open House: Buyers can feel like they are walking through your home without ever stepping foot in the door. Virtual tour videos give buyers a 360-panoramic view. This won't completely replace the traditional open house but it will get more interested and qualified buyers in your door. Social media: Your home should be advertised on social media sites like Facebook, Twitter and You Tube. Social media is like word-of-mouth selling on steroids. Information is seen by many people and shared on multiple social media sites causing the information to "go viral". Mobile: Your agent must have a website that displays your listing on a mobile device properly. With over 50% of internet searches being done from mobile devices, make sure your home's listing is mobile friendly. Print materials: Buyers still love to pick up a flyer when they are at your home. Make sure to have high quality flyers available for the potential buyer. Contact information: All online and printed marketing materials should have several ways to contact the agent and view your home. Things to include are†a name, email address, phone number and social media contact information. Integrating old and new marketing strategies to sell your home will help ensure buyers on-and-off-line find your home's listing.





Posted by Lynn D'Avolio on 11/25/2014

Today's homebuyers are savvy and they know what they want. If you are looking to get top dollar or a quick sale you will want to make sure you home has what it takes to meet the high standards of today's buyers. Here are a few things that top buyer's lists: 1. Smaller: Believe it or not buyers are purchasing smaller homes but that doesn't mean they are sacrificing for smaller spaces. Open and flowing floor plans are big hits with buyers today. 2. Energy Efficient Appliances: Buyers know energy efficient appliances save money and they want them in the home they purchase. 3. Storage: Who doesn't love storage? Built-ins, custom closets and shelving sells homes. 4. Outdoor living space: Living space on a deck or patio increase the square footage and usable space and buyers are looking for a private outdoor area to relax and entertain. 5. A kitchen with eating area: Kitchens sell homes. Buyers want a large kitchen with a designated eating area. 6. Home office: More and more people are working from home and need a place to work that is away from the hustle and bustle of the main living area. Think about inventive ways to use space in your home to show a buyer that your home has everything they want. You may want to use a home stager to help you showcase these areas.