Tag Archives: Selling

6 Secrets for Selling Your Home Fast

Are you in a financial crisis? Do you want to sell your home fast? If so, we suggest that you read a few secret tips that we have given in this article. With these tips, you will find it easier to sell your home in a short period of time.

Set the right price

First of all, you should evaluate your house and then reduce the price by 20%. Once you have done that, you will get tons of buyers with attractive bids. The buyers will keep bidding and you will be able to get much more than the actual value of your house. Actually, you have to have the courage but the majority of buyers don’t have it. Still, it’s the best strategy to sell a home fast in the here and now.

Half-empty closets

Nowadays, every purchaser is in search of storage. So, you should create enough space in your closets. All you have to do is remove half the things from your closets and then re-organize the rest of the stuff. This will impress the buyers. Also, make sure all of your cabinets and closets are neat and clean.

Light it up

Make sure you light up your house. After location, lighting is something that all buyers care about. What you need to do is remove the drapes, dust the windows, install quality light bulbs, change the lampshades and cut the bushes. Actually, the idea is to make your home as bright as possible.

Play the agent field

One mistake that you don’t want to make is hiring an inexperienced broker. What you need to do is do your homework to get an experienced broker. The professional should be able to monitor the MLS. He should have the information about the houses that are going to be on the market. Actually, you should look for a broker who uses technology in order to do their business.

Conceal the critters

Like most house owners, you may think that having a cat or dog in your house may impress the buyers. However, this may not work for you. You need to keep in mind that not every buyer loves dogs or cats. Actually, some buyers may not like to see a bowl of dog food in your house. This may give an impression that the home is not clean. So, it’s better to transfer the critters to a good pet hotel for that day.

Always be ready to show

You need to be always ready to show your house to potential buyers. Actually, you can’t predict when the potential buyers will request you to show your house. What you need to do is keep your house ready at all times. Your house should be in the best shape. So, make sure the dishes are not in the sink and that the dishwasher is clean. While it’s a bit inconvenient, you will be able to get your house sold fast.

So, you may want to use these 6 tips if you want to sell your house as soon as possible.

Home Sellers! Are You Guilty of the 7 Sins of Home Selling?

Greed: This one is a biggie. It was easy in a seller’s market to get in touch with your greedy side. Feeling like Midas, anything you asked for from a buyer turned to gold in your hands. Drunk with that kind of power, buyers were often left feeling helpless to comply if they wanted your home. In a balanced market, or even in a buyer’s market, many sellers have not kicked the greed habit. Ironically, greed is costing those sellers money. Ask any real estate agent and they will tell you stories of deals that were blown because of a $300.00 item that could not be agreed upon. No longer with the advantage, many sellers are refusing to make any concessions if it means less money in their pockets, but now the buyer’s are free to move along to the next house on their list. A seller may balk at fixing a $500.00 item in the house, or providing an inexpensive home warranty, but when the buyer moves along to an accommodating seller, the greedy seller is left to wait for another buyer – all the while making mortgage payments on the house they can’t sell. Bad move.

Unrealistic Expectations: Anyone who has sold a home in a seller’s market is going to have a hard time grasping a buyer’s market. If you want to sell your house, you have to forget everything you remember about selling your house in the past. Odds are that your home will not sell in a week, nor will you receive multiple offers. Unrealistic expectations are the foundation of blame and resentment, and they keep you from selling your home. The first few weeks of having your home on the market is filled with hope, anxiety, and irrational exuberance. It’s completely normal to believe that your home is somehow more special than the others on the market, and yours will be the exception to the tough market. Once it becomes clear that the bidding war has not materialized, and your home still sits along with the others, a home seller with unrealistic expectations is crushed. Stay positive about your home, but don’t blind yourself to what selling it will entail. A home seller with a realistic view of what it takes to sell a house in a balanced or buyer’s market, can easily adapt to changing market conditions, use constructive feedback to improve their home, and in return sell their home faster.

Pride: If you really want to sell your home, make the promise right now that you will never utter the following phrase: “I’m going to send that buyer a message.” If you enjoy sending messages, then perhaps you could raise carrier pigeons. If you want to sell your home, drop that phrase from your vocabulary. The message that sellers send, when they respond to buyers that way is “I don’t want to sell my house to you. You have insulted me.” In the end, all you are left with is your pride, and that house that just will not sell. As an active Ebayer, I have never witnessed a transaction in which the seller of an item got indignant at the lowest bidder. It’s all business. Divorce your emotions from the home selling process, and you have an advantage over the angry sellers in your area, because the buyers that they turn way with their “messages”, are going to buy a home – just not theirs! The message to send to a buyer should be in the form of a counter-offer. Nothing more. Nothing less.

Impatience: You want this home sold. Now! The impatient seller can’t understand why their home hasn’t sold in the first week. By the third week on the market, the impatient home seller is fuming, and wondering how to get out of the listing agreement. Are you an impatient home seller? If you’ve chosen your real estate agent carefully, and believed when you signed the listing agreement that they are up to the job, then sit back and let the market work. The impatient seller calls their agent more than once a day for updates, even if there has been no activity on the house. The question, “why isn’t it selling?” is regularly pleaded over the phone. Are you, the impatient seller, doing everything you need to do to get your home sold? Have you done the things your agent suggested to get your home in selling condition? Did you really listen to the comparable pricing data your agent provided you? Or did you have a set price in your mind and refused to move from it when listing the home? The impatient seller can create an enormous amount of stress for everyone involved in selling the home, and it’s totally avoidable. In the end, the timing of the sale of your home will be a combination of price, condition, and luck. No amount of impatience is going to change that.

Ignoring the market: Ignorance is not bliss. Ignorance is disaster for a home seller. Yes, we know that your neighbor sold their home for the same price you want for your home, but that was four months ago. The residential real estate market is more fluid than ever now. Educate yourself about current market conditions, not last year’s market, not even last month’s market. A home seller who ignores the market will interview a few real estate agents, read the data provided by the agent, then ignore the data and list with the agent that gives them the least argument about pricing their home unrealistically. Real estate agents do not price homes, sellers do. The agents will provide valuable information and input to help a seller choose a price. Some agents will refuse to take a listing if they feel the seller is unrealistic about pricing, but many others will take the listing with the caveat that the seller be open to reducing the price later. With so many other properties on the market, an overpriced home will sit there like a deli tray at a gathering of vegetarians. Then, the seller will be chasing the market by lowering the price after watching the prices around them fall. Eventually, the house may sell, but the price will be determined by the market, as it always is. If you are guilty of ignoring the market, you can save yourself a lot of time and headache by scheduling a meeting with your real estate agent to go over the current sales data for your home, and setting a realistic price, now.

Stubbornness: When selling your home it’s best to imagine yourself as a supple tree gently swaying with the wind, instead of a donkey with its heels dug solidly into the dirt resisting all attempts to be budged. Stubbornness can show up in many situations. When you are contacted to schedule a showing, do you leave the house? Though it’s a fact that your home has a better chance of selling if you are not there for the showing, do you refuse to be inconvenienced by having to leave? You may tell yourself that the buyers can work around your schedule. They won’t. The chance for a sale often vanishes because a buyer feels uncomfortable with the homeowner in the house, and cannot freely assess the house. Expect to be inconvenienced when you sell your home. It’s part of the process.

Being Uncooperative: Are you a partner with your real estate agent when it comes to getting your home sold? Do you resist all suggestions by your real estate agent to make changes to your home that will help it sell faster? I’ve had this conversation with home sellers many times. Is it fair that people judge your home based on the things that are not going to be in it when you move out? No, probably not. Do buyers judge your home based on those things? Absolutely. I’ve seen buyers lose their enthusiasm for a home based on a decorating theme that didn’t suit them. No matter how many times their real estate agent might remind them that they can decorate in their own style, it’s too late. The home is now referred to as the “duck home”, or the “doll home”, or the “pink home.” Every house gets a nickname when buyers are shopping. Don’t let your refusal to cooperate stop your home from being the “perfect home.”

The sale of your home requires the cooperation of countless people, many of whom you’ll never meet. The key word here is “cooperation.” We, as home sellers, expect those that are working to complete our sales transaction to be cooperative. What about you, the home seller? Are you willing to meet the buyer halfway in negations? Are you willing to work within someone else’s schedule to get something signed? Remember, you may be selling a property, but in the end, real estate is about humans. Be a good one.

Problems Selling Your House? Here Are the Reasons Homes Don’t Sell

If your house has been on the market for many months without receiving any offers, what might be the problem? Of course when the economy is down, houses do not move as quickly. But right now the housing market seems to be coming back. Many houses are moving quite quickly. If you are frustrated by the lack of interest shown in your house, perhaps you should consider the following suggestions.

Is your house competitively priced? Today many houses are selling quickly because prices are still down and interest rates are at an all time low. This is not a good time to be asking more for your house than its true market value. Buyers have many house options and most couples will not overpay for a house — even yours!

How do you know if your home is priced fairly? The method used by most real estate agents is to compare your house with similar homes that were sold in your neighborhood. It is important not to compare apples with oranges. If your house is a ranch you cannot compare it to a two story home. Comparable houses should have approximately the same square footage and lot size, the same number of bathrooms and bedrooms, and should be approximately the same age and construction.

Oftentimes the homes that sold did so for a range of prices. For instance, your agent may tell you one house sold for $200,000, while another sold for $250,000. When that happens you should look at the two homes and compare other features. For instance, the higher priced house may have had an updated kitchen with new appliances, new hardwood floors and perhaps a finished basement.

The lower priced house may have had none of those. You may think you can automatically price your house at the high end of the price range. If your house has all the same new features you probably can. However, if your house is more like the lower priced house, then you need to face reality.

Should you make improvements on your home to bring up the price? Yes and no. You don’t want to spend $50,000 on a new kitchen and a finished basement if all you are going to get back is your initial investment. However, there are improvements you can make that offer you a good return.

Curb appeal is very important. Make sure your lawn is in tip top shape and it is mowed and edged. Flower beds should be weed free and freshly mulched. Bushes and hedges should be trimmed and no debris should be found in the yard.

Fresh paint is an inexpensive improvement, but will make a big difference. Also, make sure you deep clean hour house from top to bottom. If for some reason you are not able to do this, spend a few hundred dollars and have professionals come in and thoroughly clean everything.

If your house is priced right, and everything is sparkling, fresh and clean, your house will sell. Before you get frustrated and do something rash, follow these few simple suggestions and then watch all of the new interest as potential buyers view your home.