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ABOUT YOU – AND ME

ABOUT YOU – AND ME. WHO’S RENOVATED TO SELL A PROPERTY BEFORE? WHO’S THINKING OF IT? WHO’S DREADING THE THOUGHT? MY BACKGROUND – 20 YEARS, HUNDREDS OF CLIENTS (HOTSPACE), COMMERCIAL DESIGN BACKGROUND, OWN PROPERTIES AND RENO’S, MAGAZINES, DESIGN AWARDS, TV SHOW, DIY RENOVATING SYSTEM

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ABOUT YOU – AND ME

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  1. ABOUT YOU – AND ME • WHO’S RENOVATED TO SELL A PROPERTY BEFORE? WHO’S THINKING OF IT? WHO’S DREADING THE THOUGHT? • MY BACKGROUND – 20 YEARS, HUNDREDS OF CLIENTS (HOTSPACE), COMMERCIAL DESIGN BACKGROUND, OWN PROPERTIES AND RENO’S, MAGAZINES, DESIGN AWARDS, TV SHOW, DIY RENOVATING SYSTEM • STARTED HOTSPACE BECAUSE… JANE EYLES-BENNETT www.hotspaceconsultants.com Phone 1300 90 88 90

  2. IN THIS SESSION RENOVATING TO SELL: 1) BEFORE THE RENOVATION 2) THE RENOVATION ITSELF – RENOVATION IDEAS FOR MAXIMUM ‘BANG’ www.hotspaceconsultants.com Phone 1300 90 88 90

  3. BEFORE THE RENOVATION • DO YOUR NUMBERS AND SET YOUR BUDGET FIRST a) Suburb comparison $ (post reno) minus b) current $ minus c) selling costs minus d) profit (if any) equals Renovation budget 2) TALK TO REAL ESTATE AGENTS (TARGET MARKET AND BUYING PREFERENCES) www.hotspaceconsultants.com Phone 1300 90 88 90

  4. BEFORE THE RENOVATION 3) ALLOCATE YOUR FUNDS AROUND THE PROPERTY 4) DECIDE ON WHAT YOU WANT TO DO TO THE PROPERTY (4TH ITEM DOWN THE LIST!) 5) PRICING/ADJUST SPEC/START THE RENO www.hotspaceconsultants.com Phone 1300 90 88 90

  5. THE RENOVATION ITSELF CLEAN/PAINT EXTERIOR, FRESHEN TRIMS, GARDEN – PARED BACK (LOW MAINTENANCE) Before After www.hotspaceconsultants.com Phone 1300 90 88 90

  6. THE RENOVATION ITSELF ADD A DECK IF IT WILL ADD VALUE!, FURNISH THE EXTERIOR After Before www.hotspaceconsultants.com Phone 1300 90 88 90

  7. THE RENOVATION ITSELF RENO EXISTING KITCHEN IF POSSIBLE/SUITABLE Before After KITCHEN RENO COST $1607 (DIY) www.hotspaceconsultants.com Phone 1300 90 88 90

  8. THE RENOVATION ITSELF WORK WITH WHAT YOU’VE GOT, PAINT FENCE, GO ‘FRESH’! Before After $2K FOR EXTERIOR RENO (DIY) www.hotspaceconsultants.com Phone 1300 90 88 90

  9. THE RENOVATION ITSELF GET RID OF FEATURE WALLS, REFRESH/PAINT WALLS THAT NEED IT (EVEN IF THE SAME COLOUR) Before After THIS RENO COST $17K (INT AND EXT) – 14 DAYS www.hotspaceconsultants.com Phone 1300 90 88 90

  10. THE RENOVATION ITSELF REPLACE KITCHEN ONLY IF NECESSARY, USE CLEAN, NEUTRAL COLOURS Before After www.hotspaceconsultants.com Phone 1300 90 88 90

  11. THE RENOVATION ITSELF ADD DETAIL TO A ‘FLAT’ LOOKING (EG: CREAM ON CREAM) HOUSE, PAINT TRIMS Before After www.hotspaceconsultants.com Phone 1300 90 88 90

  12. THE RENOVATION ITSELF DON’T ALWAYS NEED TO RENDER, UPGRADE DRIVEWAY Before After www.hotspaceconsultants.com Phone 1300 90 88 90

  13. THE RENOVATION ITSELF REPLACE DAGGY WINDOW DRESSINGS, CHANGE KITCHEN KNOBS Before After www.hotspaceconsultants.com Phone 1300 90 88 90

  14. THE RENOVATION ITSELF REPLACE TACKY WITH TRENDY (NEUTRAL COLOURS AND CRISP LINES) Before After www.hotspaceconsultants.com Phone 1300 90 88 90

  15. THE RENOVATION ITSELF IMPROVE LIGHTING/GLOBES, PAINT OUT DATED TIMBER DETAIL (SOMETIMES!), STAGE AN EMPTY PROPERTY Before After www.hotspaceconsultants.com Phone 1300 90 88 90

  16. THE RENOVATION ITSELF FURNISH/STAGE/’TRICK UP’ THE INTERIOR, TURN ON THE LIGHTS Before After www.hotspaceconsultants.com Phone 1300 90 88 90

  17. GETTING HELP – TOP TIPS IF NOT EXPERIENCED OR YOU FEEL LIKE YOU’RE IN OVER YOUR HEAD • ASK FOR HELP • SOMEONE WHO’S RENOVATED TO SELL • (SUCCESSFULLY) RECENTLY • FILTER THROUGH THE GOOD AND THE • BAD ADVICE! • RENOVATION ACTION PLAN (100’S OF • PROPERTY OWNERS & INVESTORS) • SAMPLE RENOVATION ACTION PLANS • (LEAVE IN ROOM) www.hotspaceconsultants.com Phone 1300 90 88 90

  18. www.hotspaceconsultants.com Phone 1300 90 88 90

  19. www.hotspaceconsultants.com Phone 1300 90 88 90

  20. GETTING HELP – TOP TIPS 2) EVEN IF YOU THINK YOU KNOW WHAT YOU’RE DOING – COULD IT GO BETTER? 3) WHAT HAPPENS IF YOU GET IT WRONG? - HAVE TO ASK MORE $$ FOR YOUR PROPERTY TO COVER BUDGET BLOW-OUT & RISK NOT SELLING - RENOVATE TO YOUR OWN STYLE AND RISK NOT SELLING - GET STUCK WITH A PROPERTY YOU WANTED TO SELL, OR - LOSE MONEY 3) PROFESSIONAL DESIGNER AND DETAILED RENOVATION ADVICE: FILL OUT FORM (COST = BETWEEN $1000 & $1600 FOR ‘STANDARD’ PROPERTY) 4) FREE EBOOKS – INCL ‘7 DEADLY SINS OF RENOVATING’ + MONTHLY NEWSLETTER - FREE STUFF, BEFORE & AFTER PHOTOS + PROPERTY INFO www.hotspaceconsultants.com Phone 1300 90 88 90

  21. www.HotspaceConsultants.com Phone 1300 90 88 90

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