 |
Many real estate agents get into real estate sales via another career or
a career change. Ask potential agents about their background prior to
being in real estate. If they were previously in a marketing position or
they were a business owner, chances are they understand marketing and
can manage the sale of you home effectively and efficiently.
Acquiring the services of a real estate professional that understands
how to
research the market can help you determine an appropriate listing price.
Your listing price should be backed up by recent comparable sale prices
for similar homes in similar condition. You can always negotiate from a
position of strength, knowing that another buyer will be willing to pay
such a fair price. You may even end up with multiple offers, thus
creating a bidding war. Over-priced homes may scare away both agents and
buyers.
Marketing to an army of Realtors® can’t be beat. A full listing includes
measurements of the rooms, a full written description of all the home’s
positive aspects and lots of photos. Clear, well-lit color photography
is critical to your MLS listing. Submitting your listing to the MLS
should be the number one task in your real estate agent’s marketing
plan.
40% of the actual buying decision is based on “curb appeal”. Buyer’s
first look at a home’s exterior from the street, as well as the location
and neighborhood. Pay special attention to the landscaping and front
exterior. Trim back trees and shrubs that block windows, plant colorful
flowers in the front, cut the grass and remove leaves. Paint the
exterior and trim. Pay particular attention to the front door, front
windows and garage door; clean and/or paint if needed. First impressions
can make all the difference in getting top dollar for your home!
Another 20% of the buying decision is determined upon entering the home.
Spending a little money on new carpet might add several thousand to the
price of your home. Get an objective point of view from your real estate
professional. Most buyers are looking for an uncluttered home with a
free-flowing floor plan and a bright, clean interior that offers privacy
and security for the family. This is the hardest thing for most people
to do because of their emotional attachment to everything in the house.
Clutter affects the way buyers see the home, even if you do not realize
it. In the kitchen, get everything off the counters. In closets, create
enough space so potential buyers can visualize how their “stuff” will
fit. In living spaces, give the illusion of space; you may need to
remove some pieces. In the basement, stack boxes neatly. If it looks
like a junk store, buyer’s can quickly be turned off.
Buyers want to view a home on their own time schedule. Unfortunately
their time schedule does not always coincide with your schedule. Ask
your Realtor® to use a lockbox so your home can be shown when you are
not around. This also allows other Realtors® that represent buyer’s to
have access to your property without you having to be present.
Don’t allow a few hundred dollars to ruin a sale. A few hundred dollars
will mean very little to you in the long run. Take a look at the big
picture and react rationally. Use sound business judgment!
Disclosure laws require sellers to list any known flaws to the property.
If you are unaware of flaws or attempt to cover them up, you risk losing
the sale and finding yourself in court. A knowledgeable agent can direct
you to qualified inspectors that can give expert advice before listing
your home to sell.
Most homeowners who decide to sell their own home do so because they
believe they can save the commission paid to a real estate brokerage.
The enormous amount of time and effort required to sell a home often
surprises the “For Sale By Owner.” Additionally, many costly mistakes
can be avoided with the right real estate professional.
|