10 Commandments For Home Sellers

10 Commandments Sellers Need to Follow

Important Rules to Follow When Your House is on the Market

  1. Thou shall not turn down a showing.
    You usually only get one chance for prospective Buyers to see your home. Take them at every available opportunity.
  2. Thou shall not let anyone in who knocks on your door.
    People will often see a real estate sign and knock on the door asking to see your home. Never let them in. Have them call your agent.
  3. Thou shall keep your house in showing condition at all times.
    Your house is on the market. How you live in your home and how you market your house are totally different. Every day, make your bed, clear countertops, put the toilet seats down, put dishes in the dishwasher, put dirty clothes where they belong. Always be prepared.
  4. Thou shall have no contact with prospective Buyers or their Realtor.
    You will receive an approximate time (a showing window) when your house will be shown. Make sure your home is ready at the beginning of the allotted window, and leave when they show up.
  5. Thou shall not be present for showings.
    It is imperative that you not be present for showings. NOT NEGOTIABLE.
  6. Thou shall kennel or remove pets for showings.
    People are there to see your home, but even those who love animals will be distracted by jumping dogs and loving cats, and many are allergic.
  7. Thou shall open curtains and turn on lights before a showing.
    Most people have no interest in homes that appear gloomy. Brighten it up!
  8. Thou shall hide all prescription drugs, valuables, firearms.
    Make sure they are not visible to people who are viewing your home, and password protect your computer.
  9. Thou shall keep your home odor free.
    No pet smells, no cooking smells, no strong potpourri. Even good smells in large doses are distracting.
  10. Thou shall take the first offer seriously.
    Ninety percent of first offers are the best offers. They are the most motivated. If you don’t like the bid, negotiate, but do not discount the first proposal.

Thanks to Mimi Foster, Real Estate Agent with EPIC Real Estate Group, Colorado Springs via ActiveRain.

5 Things to Consider When Listing Your Home

via ListHub: Listing Your Home

It’s every seller’s dream to have their home listed under the perfect conditions in order to sell quickly and for top dollar. While putting on a great open house and making a remarkable first impression are crucial to attracting buyers, there are other variables to consider when selling your home in 2016. According to Jonathan Smoke, chief economist for realtor.com®, “for sellers, it’s about understanding the ins and outs of their local market so they can optimize the price of their home and close quickly.”

Here are the top 5 things for sellers to consider when listing their home in 2016:Listing Your Home

1. Price the home to sell – Let your seller clients know how important it is to base the listing price on the market. What works in California will not apply to Florida markets. According to realtor.com®, the seller client expects a real estate professional to “optimize the price of their home based on its unique features and surrounding neighborhood.” Use local market reports to help your clients understand the market conditions and set expectations.

2. Expand the listings reach – You want your client to know that you’re doing everything in your power to spread the word about their property. You also want to ensure that the listing is highly visible to potential buyers. ListHub offers free listing syndication to brokers looking to expand their listings reach, sending listings to over 80 national publisher websites along with dozens of regional sites. Other options include:

Social media
Print and online classifieds
Flyer distribution
Word of mouth

3. List during peak season – Timing is everything when it comes to successfully selling a home. While buyers may search for a home year round, realtor.com says, “prime home-buying season begins in April and reaches its peak in June.” Furthermore, “sellers who list their home during the prime spring and summer months benefit from a larger population of buyers and potential bidding wars, which often result in higher prices and faster closings.”

4. Stage the home appropriately – Appearance is everything when it comes to selling a home and attracting potential buyers. Some buyers may have a difficult time envisioning themselves or their family in the space. While cleaning, decluttering, and depersonalizing are customary, it’s the staging that allows buyers to picture themselves cooking in the kitchen and cuddling up for movie night in the living room – and ultimately wanting to make an offer.

5. Offer incentives – Deals are attractive to everyone! Why not sweeten the pot for potential buyers by incentivizing their purchase? Here are a few incentives to consider:

Partial or whole credit towards closing cost
Shorter closing period
Transferable warranties

Listing your home requires hard work and persistence.