Boardwalk Realty

Prepare to Sell

What is realistic....today?

In a “buyer’s market” we have more inventory, some sellers lowering prices, some short sales, and foreclosures and properties are staying on the market longer.

So to become competitive in this market's large inventory, a unit needs to be at its best.

New paint (keep it neutral or select from this year’s newest color palette)

Pressure wash exterior

Replace “dated” light or plumbing fixtures. Change cabinet pulls / knobs.

New carpet or install natural stone or wood flooring.

Counter tops – today’s buyers rank granite or natural stone high on their list (if not replacing laminated surfaces, consider expense to replace when arriving at asking price)

Landscaping – doesn’t have to be elaborate. Trim trees, bushes, any dead growth, add fresh pine straw, and large pots of colorful flowers do wonders for entryways.

Open curtains, shades – make rooms light, airy and spacious.

Home Inspections - Have a home inspection done before putting your house on the market. Repairs made by you now are one less thing you may be required to complete if cited in a buyer’s independent home inspection report. If left until days before the closing date – scheduling and getting the subcontractors to complete the repairs can be quite stressful. Before closing, the repairs have to be re-inspected and signed off  by the buyer or money may be escrowed until repairs are completed. If buyers perceive they are going to have to spend money on repairs, the offering price may come in less than you anticipated.

“Collections” and Clutter! Say goodbye to the dusty silk arrangements, heavy drapes you paid a fortune for in 1992, and tabletops full of framed family photos. Kitchen and bathroom counters, and desks need to be cleaned off, too.

Make your property clutter-free. This is where you must get thick-skinned, and have an unbiased person consult with you on what “has to go” at least to storage until your moving day. As seen on the popular cable network home shows – one person’s idea of the epitome of style and elegance is another person’s flashback to a decorating nightmare. Make your home as neutral and spacious as possible – buyers want to envision their furniture & belongings in the new space.

NO SMOKING - This tops the list of most offensive lingering odors. Most smokers can’t even tell their home has a smokey air! Upholstery, carpet and even walls seem to absorb smoke – if you can’t quit – at least smoke outside until your home is sold. The home’s interior will probably need a coat of new paint and the carpet and furniture need to be professionally cleaned prior to putting the house on the market. Don’t try to cover it with perfumey candles or plug-ins – they can be almost as bad. If possible, refrain from cooking that favorite fried food, garlicky or curry dishes while your home is on the market.

Man’s Best Friend or pet with nine lives......the olfactory factor continues. Have your upholstery & carpet steam cleaned. Be sure to air out the house if possible before it is shown. Let the agent know where your pets will be while your home is being shown.

Is Staging Needed to Sell Your Home?

Christina McDermott

All depends on the home and market condition. Along the Forgotten Coast most of the homes who are listed with our company are second homes and vacation properties that typically belong to absentee owners who finds him/hershelf  dealing with getting the home ready for sale long-distance  in a buyers’ market.

So the question of to Stage...or to not Stage your home for sale, depends on the seller and their readiness to have the home look at its best when showing to prospective buyers. As a service to any of our clients, and friends Boardwalk has reached out to Christina McDermott, a friend and local resident who can stage your home quickly and painlessly for a nominal fee.

This is not the time to navigate the rough waters of the real estate market on your own, Staging is a perfect way to help buyers see the true potential of each room and in the process get it sold quickly.


An award winning artist, Christina McDermott applies her retail and merchandising background to staging homes for sellers in today’s real estate market. With an eye for composition and detail, she can quickly highlight a home’s strengths and downplay its weakness in order to appeal to the greatest number of prospective buyers.
When coming to the Forgotten Coast, buyers express a desire for serene and inviting spaces as a priority. Neutrality and spaciousness are ongoing goals to successful staging.

To get help/information, please send us an email with your information to or call 850-227-7891 ext 104.

What is a Short-Sale?

When a property owner owes more to the bank than a property is worth.

In a scenario where the owner wants to avoid foreclosure procedures a Short-Sale is an out for the property owner.

How does it work?

In a nutshell… the Realtor negotiates with the lender to sell the property for less than they are owed.  When the lender agrees to do this and the transaction closes successfully, this is called a Short Sale.  The buyer receives a clear title. To the property owner the benefit of doing a short sale is to keep foreclosure off their credit, the disadvantages are the possible tax consequences.  The benefit to the lender of doing a short sale is to mitigate their losses. 

What is the process to “short-sale” a property?

1.List the property with a Broker who understands the short-sale process. Sign an “authorization to release information” authorizing the Broker-Realtor to communicate/negotiate with the lender.

2. Seller Prepares documentation to substantiate financial situation.

  • Listing Agreement
  • Contract with buyer’s proof of funds
  • Preliminary HUD Statement ( based on the purchase price of contract on hand. Your Realtor will request this from local closer)
  • Seller’s Hardship Letter
  • Seller financials :
    • proof of income
    • three months bank statements
    • list of monthly expenses to the seller
    • two years tax returns
    • Comparable sales prepared by a Realtor.
    • Title work on the property
    • Signed short sale request document provided by lender

3. Lender communicates

  1. Order a BPO (Broker’s Price Opinion) and an appraisal.
  2. Each financial institution has its own internal procedure  to review the file
  3. Realtor negotiates with the buyer and communicates with the lender until an agreement is reached.

4. Once acceptable price is reached, a time for closing is set.