| What to do When You Decide to Sell Your Home |
1. Price
2. Terms
3. Location
4. Condition
5. Marketing
1. Price
Pricing Your Home :
Market Value: The market value is relative. It is not based on what you paid for it or what you have in it over the time you owned it.
Opinions Don't Count:
Price is not affected by your opinion of what it is worth, a neighbors opinion or even the Realtors opinion.
Consider the Competition :
Buyers will decide whether your property is realistically priced by comparing it to other available properties. Most people look at an average of 12-13 properties before buying one!
Price it Right :
Pricing your home within the range of comparable homes that have sold recently in your same market area will help sell it! Pricing a home too high has damaging results and may cost you dollars.
Professional Help :
A Realtor can help you price your home by utilizing the MLS - doing a Comparable Market Analysis to show you what similar homes have sold for in your market area.
2. Terms
Ease of Sale - Common Terms
- Subject to Finding suitable housing
- Keeping all the appliances
- Selling “AS IS”
- Offering a contract for Deed
- Subject to assuming a mortgage or contract.
3: Location
Brings the Money
- On the Lake
- Lake Access
- Near the Schools
- In Town/City
- In the Country
- Neighborhood Quality
- Landmarks
4: Condition
Brings the Buyers
Homes Sell from the OUTSIDE First
- Clean the front door
- Put pots of flowers or a wreath by the Front door.
- Clean up the yard
- Cut the grass
- Sweep the sidewalks or shovel the snow.
- Decorate for the holidays
- Plant flowers
If they don’t like the outside we can’t get them to go inside!
- Have the house washed or painted
- Put shutters on the roadside windows
- Wash all the windows
- Add some shrubs or bushes
- CLEAN UP THE YARD!
Setting the Stage for Showings
A well-staged home creates a vision of a “Wonderful Life”. When buyers walk through a house, they feel like they are going to have the same life as the people living there. So the picture has to be a happy one - clean, uncluttered, and tranquil!
Making Your House POP!
- Turn on “ALL” the Lights!
- Set out flowers
- Pick up toys, shoes, papers & pet dishes.
- Turn on soft music.
- Quick dust, vacuum, and empty waste baskets.
- Put pets and their toys away
- DECLUTTERIZE!!!!!!
THE LIVING ROOM
- Open the drapes
- Turn TV off - music on
- Set temperature (A/C or heat)
- Prepare tables with flowers and books
- Light a fire
THE DINING ROOM
- Turn on the lights
- Light the candles
- Set the table
- Soft music
- Fresh flowers
- Open the drapes
THE KITCHEN
- Clean off the counters
- Scrub the sink
- No dirty dishes, towels, or pans.
- Bake cookies, bread or a roast.
- Light a candle
THE BATHROOM
- Wash the mirror
- Clean the sink
- Put away the toothbrushes & combs
- Put all “personal” items away
- Hang the “show” towels
- Place a green plant or candle in the bathroom
THE BEDROOMS
- Make the beds
- Add decorative pillows
- Clean off the night stands
- Put away the shoes and clothes
- Secure jewelry, cash, prescriptions, medications and valuables.
THE FAMILY ROOM
- Turn off the TV
- Play soft music
- Pick up toys
- Put away papers
- Start a fire
- Set out a book or ga
WHEN THEY SHOW YOUR HOUSE:
- It’s best to leave the house while it’s being shown.
- If you stay, don’t follow the people around.
- Don’t discuss price, terms, possession, furnishings or any factors with the buyers.
- Save all the Realtor’s cards so your Realtor can check back to see how the showing was.
- Don’t show your home to someone that knocks on the door without a Realtor.
CLEAR UP THE CLUTTER!
Fast Fix for the Linen Closet
- Fold the towels so that the decorative bands line up or roll and stack the towels to evoke the image of a high end hotel or spa.
Color-Code Your Clothes
- Crammed closets look chaotic and messy. Hang clothes in order, from light to dark, for an upscale store feel.
Create Cozy Nooks
- Cluster furniture in snug conversation areas, leaving a clear pathway to evoke an intimate but not cramped area.
Keep Mantels Clear
- Put away all but a few well-chosen accessories. The empty space allows buyers to imagine their own knick knacks decorating the house.
Spruce Up Your Shelves
- In the kitchen, turn all the cans and boxes so that the labels face outward, giving the cupboards a tidy grocery store look.
- Do the same for books, CD’s, Videos, and DVDs.
Remove Family Photos
- Depersonalizing the space makes it easier for others to see the house as their own
WAYS TO CREATE THE ILLUSION OF EXTRA SQUARE FOOTAGE
Bedroom
- Remove one piece of furniture and ottoman or a 2nd night stand. too-tight spaces are a major buyer turnoff.
Windows
- Take down worn drapes. Don’t worry about replacing them. bare windows always make your home look bigger.
Cabinets
- Stop buying in bulk at Sam’s Club. Reducing inventory lets you arrange supplies so that the shelves seem roomier
Dining Room
- Create a feeling of uninterrupted flow by taking out the dining room table leaves and removing all but “four” chairs.
“5” Easy Fixes to Make your Home More Inviting
- Place a box of chocolates and a water pitcher with lemon slices in the Kitchen on the counter.
- Hide pet toys, bowls, and litter boxes.
- Heat an apple pie or bread in the oven. The smell makes people nostalgic for childhood.
- Light a candle in a room to create a glow.
- Put away toilet brushes, plungers, sponges, tooth brushes and medicine.
5. Marketing
The Realtors Job
When Listing a Property with us we will do the following:
- Get your assessment card
- Do a CMA- Comparative Market Analysis
- Take pictures of the property.
- Measure all the rooms
- Tell you of things we feel you need to do to set your stage to sell.
- Help rearrange furniture.
- Locate an aerial or survey
- Obtain the tax information
- Put in on the MLS unless you don’t want the other Realtors showing it.
- Put on our website
- Advertise
- Host Open Houses
- Negotiate the offers
- Do the closing
Advertising
- It’s not necessary, nor even advisable, to advertise your home every week. On a consistent, regular, basis we use classified ads on a variety of houses appealing to a variety of buyers.
Best Forms of Advertising
- #1 Putting a Sign in the Yard!
- Hosting an Open House
- The Internet - Our Website & Realtor.com
- Only about 7% of our sales come directly from our classified ads.
The Feng Shui Way for “Good Aura”
- Bowl of fruit - symbolizes prosperity. Buyers life will be bountiful & abundant.
- Head East- Place a chair or sofa for warmth & relaxation there, set furniture at angles
- Go Green: New opportunity. Place a green mat outside your front door.
- Avoid Red - too much causes mental fatigue and argumentative feelings. Neutral colors best for calm and interest
|