808Residential
A Residential Real Estate Resource
Looking to Sell
Start by Consulting Your Tax/Legal Professional
Selling a property is a complex transaction that may have significant tax and/or legal consequences and ramifications. Seek and obtain tax and/or legal advice as to the possible tax and/or legal consequences and ramifications arising from selling your property.
LOOKING TO SELL
A property can be listed in any condition. However, if you would like your property to sell quickly, more easily and at a higher price, consider the following:
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Make a good first impression by keeping your lawn neat, green and trim.
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Clean windows and open draperies to highlight walls and ceilings. Let in natural light to see how bright and cheery your home can be.
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Paint and polish can go a long way in increasing the appeal of a home. Minor imperfections tend to turn prospective buyers off because they overestimate the cost of repairs.
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Since prospective buyers tend to overestimate repair costs, consider having inexpensive repairs completed: loose door knobs, closet doors off track, dripping faucets, etc.
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Prospective buyers have a hard time looking past clutter, so remove items seldom used and put away toys and newspapers.
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Many buyers judge housekeeping based on the condition of the oven and stove. Make sure both are clean and shiny.
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Clean bathroom tile and grout so free from soap scum, and polish fixtures.
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Closets seem larger and more enticing when they are neat and organized.
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Keep distractions away from showings (pets, family members, etc.)
Overpricing issues -
Overpricing your home can expose your listing to issues like the following:
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Lose excitement that a new listing generates since most of the activity will take place within the first month of listing.
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Lose the most qualified prospects...since they are looking in their purchase-power range, they will not "make an offer" because they will probably never see your property.
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If you do get an offer, the contract may fall through due to appraisal problems.
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An overpriced home may become stale on the market. A listing can take on a reputation surprisingly fast and prospects may wonder if something is wrong with the property.
I'm selling my Hawaii property but I'm not a U.S. Citizen -
The sale of a Hawaii property by a non-U.S. individual or entity can be subject to withholdings to ensure compliance with U.S. Tax Law. Consult your tax professional and IRS guidelines.
I'm selling my Hawaii property but I'm not a Hawaii resident -
The sale of a Hawaii property by a non-Hawaii resident or entity can be subject to withholdings to ensure compliance with Hawaii's Income Tax Law. Consult with your tax professional and the State of Hawaii Department of Taxation.