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Health & Fitness

Don't Overdo It

Homeowners who are preparing to sell realize that there's quite a bit of competition out there.

Homeowners who are preparing to sell realize that there’s quite a bit of competition out there. While presenting your home in model condition is one of the best ways to win the attention of potential buyers, be careful to avoid the pitfalls of improvements that may not produce the full-price offer that you are seeking.

First and foremost, do not try to out-do the other homes on the block. Yes, you want your home to stand out, but not so far out that your asking price will have to be significantly higher than those of the homes around you. You’ll price yourself out of your own neighborhood while waiting and waiting for those offers.

Second, "if it ain’t broke, don’t fix it!" Don’t waste your time and money on improvements that may not pay off. You can’t know for sure if buyers will respond positively to your idea of "improvement." Why put in $3,000 worth of new carpeting when your buyers might want hardwood floors? Just stick to the basics.

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Patricia Dalmazio is a Licensed Associate Real Estate Broker with 20 years of experience in the Real Estate field. If you have any questions, please call her at 516.944.2877 or email: Patricia.Dalmazio@Elliman.com

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