
Hot Tips
For Home Sellers
Getting prepared
for showings
First Impressions
First impressions are critical. You can spend thousands of dollars in
advertising to get the buyer to the door, but if the buyers first
reaction is negative, you are back to square one.
Pretend that you are the buyer. Go out to the street and sit in your
car. Then get out and walk up to main entry slowly. Have a really good
look at your home. With pen and paper, make a list of all those things
that you would want fixed if you were buying the home right now. These
are the same items that any real buyer will want you to fix. Buyers are
a poor judge of the cost of repairs, and they always build in a large
margin for error.
Make the home
look attractive and welcoming from the outside. Plant flowers in the
front yard to add color and warmth. Get your lawns mowed and have shrubs
well trimmed. Put away all your garden tools, they don't impress a
buyer, they make them think "lots of work to look after this
place". Park your vehicle across the road and not in front of the
house where it will obscure a buyers view of the property.
Preferably leave you car out of the garage. You want to show how
spacious your garage is, not that you need to be a supermodel to squeeze
out from the drivers door.
Welcoming In
The main entry and hall must create a welcoming impression. If the
access is difficult, make it better. The house should have a light and
pleasant odor. Keep lights turned on in darker rooms and make sure all
blinds and curtains are wide open.
Clean and Uncluttered
Eliminate refrigerator art. Clear all counter tops of all but the most
basic appliances. Make sure taps aren't leaking and make all stainless
steel shine. The same goes for bathrooms. Think uncluttered, light,
clean and sparkling.
Make sure that none of your furniture impedes traffic flow around the
house. Perhaps rearrange to create more space and maybe put a few pieces
in storage if necessary. Piles of anything are bad news. Box it up and
store it while your home is being shown.
Keep these out or away
Pets can cause allergies or be frightening to potential buyers. Take
them out for a walk, or keep them occupied well away from the buyers.
Keep yourself away too if an agent is showing the property. Your
presence can make a buyer feel they are intruding in your home, causing
them to leave prematurely. The longer a buyer stays in your home, the
more chance there is that they will make an offer.
NEVER apologize, no matter what shortcomings your home may have. Your
home is the greatest place to live and a positive attitude from your
agent or yourself can easily rub off on the buyer.
Exposure
Exposure in the current buyers market is
critical. When choosing a Real Estate Firm and an agent you want
to select an agent that is going to present your home in the best
possible manner and will utilize the tools currently available to
agents.
Tips for gaining the most exposure
Virtual Tours - 90% of buyers go
on-line and having a strong Virtual Tour draws in a buyer and will hold
their attention, plus it will give the buyer a good idea if the property
meets their needs.
Realtor.com - This website is huge
and your presence there is critical. This is by far the largest
and most visited website in the Country. You want to be a
Showcase listing on Realtor.com. This gives you more photographs,
Virtual Tour links, more text, and features your agent. If
you are not a Showcase listing on Realtor.com, the exposure and
presentation is weak at best.
Photographs - This sounds simple
enough but given how critical your internet presence is, so is the need
for great photographs. You want photographs that are clear,
crisp, and have appropriate lighting as well as capture the positive
attributes of the property.
Pricing - In the current
market, putting the correct price on the house is key. Markets are
going through a correction at the present time and the price your house
may have sold for last year is irrelevant. What you paid for the
house and what you owe are also irrelevant. When you are
trying to determine how to price your house, be sure your agent uses
appropriate comparable sales data. Also the age of the
comparable sales is important. You simply cannot use any
recent sales older than 6 months. You may find yourself overpriced
and chasing the market if you use comps that are older. The
most ideal comp comes from your own neighborhood, subdivision, and/or
area and is similar in Square Footage, age, style, and
materials. This is not always easy. Don't forget
to also factor in the comparable properties currently on the
market. It's not just about pricing your house on what has sold in
your neighborhood but also those properties currently on the
market. Pricing is still one of the most critical
elements. Once you have the best marketing plan in motion, you're
not testing the marketing...your testing the price of your home against
the market. Warning....select the agent with the strongest
marketing plan, then work together to determine the correct price.
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