Steps to Preparing Your Home for Sale



There are many great Metro-Detroit area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Valuation so you know what buyers will pay for your home in today's market. You may also call me at (248) 425-5082 for a FREE home buying or selling consultation to answer any of your real estate questions.

Steps to Preparing Your Home for Sale

Before you put your home on the market, you need to make sure that it's properly prepared to sell for top-dollar. Today we want to talk about home staging and why it's such an important step when you decide to sell your home. 

A home is generally the biggest asset that most Americans own. Right now, by professionally staging a home before we sell it, we are able to decrease the average market time from the Detroit average 196 days to just 53 days. With an average investment from a homeowner of $1360, we are able to command a $7600 higher average sale price. So by staging your home correctly, we can cut the time it's on the market by 2/3 and get you a 7-1 return on your investment for improvements to the home. On the Perna team, we use a full time home stager to assist you with redecorating and demanding top dollar based on current cosmetic trends. 

Here are the areas where we are seeing the best return on investment:

  • Re-landscaping- an average cost of $400, commands an average return of $2,000
  • Repainting- an average cost of $700, with an average return of $3,100
  • Removing Wallpaper- This average cost of $1,400, brings an average return of over $4,000

Although it's probably not worth it to do extensive and expensive home renovations, it is worth putting a little bit of money into your kitchen and bathrooms so you can make sure they are looking their best when you are ready to sell.

If you have any questions at all about staging your home or anything else, please don't hesitate to reach out to us. You can reach us by phone or e-mail and we would be delighted to assist you.

How we helped Thom sell his home by doing a good job from start to finish



I had someone whom I’ve known for about 30 years come and appraise my house and they told me what they thought it was worth. I disagreed with the appraisal so I put the house up on Zillow myself. I got a call from a lady at The Perna Team and she said that she’d like to talk to me about the house and that she’d like to see it. I liked her, so she came out and looked at it and said that she thought we could do this. We put it up, got 2 offers on it of which I took the 2nd offer, and I was just pleased with the whole process!

How we helped Danah sell her home in 2 weeks by showing her house right away



I got the optimum result in that my home sold in about 2 weeks. This is the first time I’ve sold a home on my own and I was surprised in how quickly they began showing my home. The first time I met them and signed the paperwork was on a Thursday and they started showing my house that Saturday.

Detroit Real Estate Market Update for Summer 2014



There are many great Metro-Detroit area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Valuation so you know what buyers will pay for your home in today's market. You may also call me at (248) 425-5082 for a FREE home buying or selling consultation to answer any of your real estate questions.

Detroit Real Estate Market Update for Summer 2014

 It's summertime in Oakland and Wayne counties, and we are currently experiencing a hot sellers market. Homes are moving extremely fast. Most are not even lasting three days on the market, while some of the "lingerers" are, in reality, only on the market for 7-10 days. That is an incredible number and the situation could not be more perfect for anybody who want to sell their home. Here are some more important things you should know about our market so you can make the best decision possible for your real estate needs.

  • The average days a home spends on the market is around 27 days, but our team has an average of 19 days.
  • We are seeing very little inventory in places like Novi, Northville, Farmington Hills and Livonia. There are not many homes on the market in these places and the best homes go very quickly and command top dollar.
  • Over May and June, we did see inventory levels increase about 15% from the spring, so we are easing back a little bit on the 7 or 8 offer situation we were seeing, which is good news for buyers because there is not as much competition as there was in the spring. However, we are still seeing multiple offers on almost every home.
  • Right now, interest rates remain at a historic low. They have risen to around 4.25%, but that number is still extremely low. Since 1989, the average interest rate has been about 8.9%, and we are under half that.

If you have any questions about the real estate market or are interested in buying or selling a home, please give us a call. We would love to help you out with all of your real estate needs.