Busting Top Myths about Selling Your Chicago House
Oftentimes those lists naysaying common “myths” about selling a house are actually addressing assumptions. If “myths” are stories handed down through the generations, “selling your house” is an unlikely topic to be part of family lore. Myths about selling your Chicago house are usually more like logical assumptions that many sellers make on their own, rather than information they’ve heard from someone else.
So here is a “Top 3” list of questionable assumptions sellers sometimes make about selling their Chicago house:
- Homebuyers want to remodel after they purchase a home. Many people think that the average buyer “wants to make it their own” by wreaking wholesale changes to reflect their personal tastes. In fact, this assumption is contradicted by what is far more common: most buyers are attracted by properties that are “move-in ready.”
- Remodeling will take so much time it will be impractical. Updating tired details in key rooms (kitchens and bathrooms are typical) can be accomplished speedily when the scope is narrow. In some instances, concentrating on details like light fixtures, faucets, and kitchen and bath hardware design—can wind up reducing the time on market.
- Remodeling never pays off. This budgetary assumption actually could be close to a myth because it is often discussed. But it’s only true when indiscriminate remodeling is undertaken. Small upgrades that focus on areas that buyers center on can definitely result in a higher selling price. This is where outdated kitchens or bathrooms warrant thoughtful consideration.
Every Chicago house deserves to be recognized as offering its own unique selling proposition—independent of any prevailing myths (or assumptions). When you ask me to direct the selling of your own Chicago house, we’ll start by taking a strategic look at how its unique strengths and weaknesses are likely to fare in this fall’s selling market. To start, give me a call!