Should I paint my house before selling?

 

youtube

blog

podcast

Introduction: Should You Paint Your House Before Selling?


 Should you paint your house before selling it? Talk about that as well as what you get for 2 million and what you get for 1 million in Santa Clara County, and we're looking at California mortgage rates, current rates, and just the months of inventory. Let's get moving here. 


Factors to Consider When Painting Your House


Should you paint your house before you sell your house? Yes and no. It depends. It really depends on how old and dated the paint is, what the current color is, what the current fashions are, the style of colors, and how dingy and Beat up the walls are now we're talking about inside and outside.


You always have to worry about curb appeal. Typically you don't paint your house outside unless it's been 10 or 15 years and the paint's chipping and it looks really bad. You can get away with a power wash and then if it needs it, you can reassess. Inside, typically you have rooms that are bold or just different colors like red or purple or green or whatever.


you live in your house. Enjoy your house how you want.


Absolutely. You want to be a hoarder. You want to have 500 cats. I don't care. I don't care. 

Neutral To Sell Your Home, But Color To Live In It

Neutral Colors vs. Bold Choices

But when you go to sell your house, you have to make it look like a model home. You want to make it look attractive to the buyer. So clean it up. You get rid of the clutter. You make sure everything looks good. And you make your house a little more bland than what you do.


So neutral colors. And a couple years back, it was gray. Before that it was beige. Today is grayish, a mix of gray. Cause we have to keep something new every it's like fashion, right? My house is beige and I'm keeping it beige until I move or until I die or until whatever, 


It worked for me, but if I wanted to go sell it, I would put the gray John. Why? Simply because that's, what's more attractive that it looks like the neutral. show homes, the new homes. When you go through new homes, down the street, that's what you want to look like that. So you compare that to it.


So it's. Neutral is not a bad word. It's not. You want to make it look alike. you don't want to make it stand out. Now, look, there's a caveat to this, right? 

AIDA Attract, Interest, Desire, Action

Real-Life Example: The Shark's Room


I sold a house a few years back on Royal Oaks and their son played hockey. He was on a junior hockey team, a junior Sharks hockey team. And his whole life, He played hockey like five times a week.


He just lived and breathed hockey and his entire room was teal and black. And it looked like a shark's room, had sharks, everything. And I told the sellers, I go, look, you really should consider. Making it bland, making it neutral, making everything the same color. And she cried. She goes, that's my son's room 


I go, okay, let's keep it. Let's see what happens. And during the open house, I got so many great comments. Oh, I love the shark's room. I love the bedroom with the teal. I love that. And so it can go both ways. And it's really a judgment call. Is it going to kill the sale? No, just something you have to keep in mind.


no one wants to be attacked by Neutral, but safe for choice. Bland overbold. Absolutely. It's your decision. It's your house. You're selling it. We are merely the Sherpa. We're the guides to help you get up the hill of selling your house. am I going to twist your arm until you say, Uncle?


No. 

Existing Home Months' Supply

Additional Tips for Preparing Your House for Sale


If you want to keep your house the same color, by all means, so understand that here's another thing you want to do, right? If you smoke or you have smoked in it or whatever, consider painting the house and also clean out the ducts, clean out the vents, and clean everything because the paint will help mask that color.


It will help cover that. Now, if you smoked in it, The TDS and SPQ, the disclosures we ask you questions, don't lie because that's fraud and it's just a big nightmare, but you don't want the house walking, smelling of smoke. As soon as you walk into it, two stories, I was showing a house one day.


And I couldn't stay in it. I walked in and you can see the layers of smoke just sitting there. It was just such a disgusting house. I had to get out. It was so gross, just disgusted the hell out of me. not that I care if you smoke or not. It just was so embedded in that house. You would actually have to tear out everything, the carpet, the flooring, the walls, repaint the walls, that kind of thing.


And it's just, it was not a good situation.


So when you go to paint your house or when you go to sell your house, consider. Painting it. If you absolutely need it or it's totally out of date, it's Brady bunch yellow, put a beige on it, put a graze on it, right? It's going to cost you money, but we're talking about one and 2 million homes here, right?

What you get for $2MM Santa Clara County

What You Get for $2 Million in Santa Clara County


Which is a great segue to what you get for 2 million in Santa Clara County. Now we have prices from two 25 all the way up to 30. 40 million in Santa Clara County. 2 million is now the median price for Santa Clara County for a single-family home. Right now there are 40 of them for sale. This one I just picked out because it's right down the street for me.

And I thought it would be nice to look at. It's 2 million. It's not my listing. It has three bedrooms, two baths, and 1900 square feet built in 1956. Take a quick look at it. It's a really nice and pretty house.


I think this is in Willow Glen. Yeah. So see how the colors are neutral. Ooh, that's a cool pergola. Totally not my style, but that's a cool-looking pergola. Huh. 


The Importance of Floor Plans in Listings


guys, when you sell your house, make sure your agent puts a floor plan. 


 When you're looking at houses and you're looking at 100 houses online, this helps people visualize the flow and natural progression of the house. It's a necessary thing these days. And if your agent doesn't know how to do that, maybe it's not the right agent. Just saying. So consider getting a floor plan.


It's great to have a floor plan. It's a pretty house. I would put more windows or more pictures on it. Yeah, this is a mulligan. That's Lincoln right there and it's in Willa Glen. So there you go. That's what you get for 2 million. I can tell you that this is going to sell a lot faster. This has been on the market for just one day.

FREE HOME BUYER CHECKLIST HERE

I can promise you that this episode is brought to you by the home buyers checklist. Download this today. If you're going to go open house shopping or whatever, this, I should show you what it looks like one day, but it just walks you through each room until it asks you to look at the walls, the windows, the room.


the appliances, et cetera. Just to make sure you can compare one house to the next, because when you go to, four or five open houses or houses for sale, you want to have a checklist to be able to refer back and say, which house had the new appliances, which ones had the, all the drab appliances, which one had the pool, which one didn't have the pool.


This one helps you walk through that entire process. 

What you get for $1MM in SILICON VALLEY

What You Get for $1 Million in Sunnyvale

What'd you get for a million dollars in Sunnyvale, California, Santa Clara County, two bedrooms, one bath, 795 square feet? I can't for some reason open that it's not working for me. So I'm just going to expand that out for you. Look at that bad boy.


One whole picture. That's how you market a house in Sunnyvale. Wow. On the market for five days, guys. This is a great opportunity for you. If you're looking at buying in Sunnyvale, Sunnyvale is close to all the big, companies. So if you live, it's probably a super blank slate in there, and you probably figure out how to put a third bedroom on it.


Today's rates are about 7%. 

Mortgage Rates this week

Current Mortgage Rates and Market Conditions

Now it all depends on how much money you put down, how much the house is, how big the loan is, debt to income, your credit score, all this stuff. So these are not quotes. Talk to a lender. And if you need a lender, let me know. I have a bunch of them.

They're great people and they know how to get you into the right house for the right price. Where are we today? What's going on here? 

Inventory And Supply Charts

Bay Area Inventory and Market Trends


Bay area months of inventory.

This one is right here. Is giving me trouble. Napa, as I've been saying for a very long time is a great buy. It's far away from a lot of different things, especially Silicon Valley, but Napa has been a very good buy. You're looking at, 90, 90 to 95 cents on the dollar when you're buying a house in Napa, the volume isn't there, the speed isn't there, and you can still get a pretty decently priced house.


So if you want to live there or you want a second house, let's talk about moving you up there. Santa Clara County cities, nothing really crazy to report. Everything's coming down below two months. It's a normal thing right now. This is the last month of our selling season, which really hasn't been a selling season because we just don't have the inventory.

This big peak right here is  San Martin where they only have three houses for sale anyway. and we're not anywhere near the buyer's market. All these people are saying the market's crashing, blah, blah, blah. maybe it isn't in like Fort Myers, Cape Coral, where there are thousands of homes for sale, like four or 5, 000 homes for sale right now.


We just don't have the inventory to match the standard. So prices are maintaining, if not going higher and houses are running off the block right now. If we're at six months, like what it was here, then it's something that you can consider possibly a buyer's market. we need to have at least a thousand homes for San Jose and at least two thousand homes for sale.

We need to be about two thousand homes, which is this little line right here, for it to be a balanced market. Not a buyer's market, not a seller's market, but a balanced, good healthy market. That's why we're seeing prices increase. That's why we're still having housing affordability issues.


That's why we're talking about two million dollars for a standard home in Willow Glen. Do you have to do all this stuff to fix your house and get it sold? No, but you want to make sure that you attract as many buyers and get as many offers as you can, so we can bump it up as high as we can.


We want to maximize the sale for you, right? Yeah, we get a couple percent on top of that, but who cares? If I go from 2 million to 2. 2, it's not going to make my day. I want to make sure we get an extra two or 300, 000 for you. That's how we go to the market. Okay. 


Conclusion and Recap


Today, we talked about painting your house good and bad, which you get for 2 million, and what you get from 1 million in Santa Clara County mortgage rates and inventory still stinks. I'm Vito with Abitano.


Have a great weekend.


We'll see you out there.

Vito Scarnecchia Real Estate Broker, Veteran, Dad DRE#: 01407676 We’re Hiring! 408-705-6817 Vito@abitano.com Website: abitano.com https://www.onereal.com/vito-scarnecchia-1 update your home value: https://hmbt.co/bT7qRJ RELOCATION@ABITANO.COM FREE DESKTOP APPRAISAL https://www.propertyrate.com/agent/vitoscarnecchia If you are moving ANYWHERE in the world - Let me know! I know a LOT of AMAZING Agents! Book appointments here: https://calendly.com/abitano/15min Home Buyers Course YT YouTube.com/SanJoseLiving IG https://www.instagram.com/abitanogroup/ FB https://www.facebook.com/vito.scarnecchia/ LI https://www.linkedin.com/in/vito-scarnecchia/ Blog http://blog.abitano.com/ POD https://spotifyanchor-web.app.link/e/oxdH1Hwfcvb Professional Photography by Kim E https://photosbykime.com / Local Real Estate Market and Home Value Report https://hmbt.co/bT7qRJ Financial Intelligence https://docs.google.com/forms/d/e/1FAIpQLSc0R5pjHIAPguZ5GDEB-fTbGJXKpWK3coK9Khymv_GTWkMnyQ/viewform?usp=send_form https://www.onereal.com/vito-scarnecchia-1 Willow Glen's five most expensive homes https://youtu.be/3A_E2ck0ePg



Fraud, Homebuyer workshop, Bay Area housing stats, Veteran Home, best time of the year to buy a house, Bay Area Luxury homes, next housing crash prediction, housing market projections, Should I Buy A House Now Or Wait?, should I buy a house now or wait until 2024, Why You'll Regret Buying A House in 2024, Housing Market 2024: 5 Options If You Regret Buying a Home, when will the housing market crash again

Comments

Popular Posts