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Tuesday, September 18, 2007

Selling Tips

Hi. I hope this finds you well. We are alive and well in Silver City. It's always nice - near paradise.

A few Selling tips courtesy of the National Association of Realtors (NAR). The suggestions from these NAR handouts will help Sellers prepare their homes for market. It's pretty straightforward stuff, but you would be surprised at how lax many Sellers are in doing what would seem to most of us to be normal preparation.






10 Ways to Make Your House More Salable


1. Get rid of clutter. Throw out or file stacks of newspapers and magazines. Pack away most of your small decorative items. Store out-of-season clothing to make closets seem roomier. Clean out the garage.

2. Wash your windows and screens to let more light into the interior.

3. Keep everything extra clean. Wash fingerprints from light switch plates. Mop and wax floors. Clean the stove and refrigerator. A clean house makes a better first impression and convinces buyers that the home has been well cared for.

4. Get rid of smells. Clean carpeting and drapes to eliminate cooking odors, smoke, and pet smells. Open the windows.

5. Put higher wattage bulbs in light sockets to make rooms seem brighter, especially basements and other dark rooms. Replace any burnt-out bulbs.

6. Make minor repairs that can create a bad impression. Small problems such as sticky doors, torn screens, cracked caulking, or a dripping faucet may seem trivial, but they’ll give buyers the impression that the house isn’t well maintained.

7. Tidy your yard. Cut the grass, rake the leaves, trim the bushes, and edge the walks. Put a pot or two of bright flowers near the entryway.

8. Patch holes in your driveway and reapply sealant, if applicable.

9. Clean your gutters.

10. Polish your front doorknob and door numbers.

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The following suggestions when followed will make selling your home an easier and quicker process.


5 Ways to Speed Up Your Sale

1. Price it right. Set a price at the lower end of your property’s realistic price range.

2. Get your house market ready for at least two weeks before you begin showing it.

3. Be flexible about showings. It’s often disruptive to have a house ready to show on the spur of the moment, but the more often someone can see your home, the sooner you’ll find a seller.

4. Be ready for the offers. Decide in advance what price and terms you’ll find acceptable.

5. Don’t refuse to drop the price. If your home has been on the market for more than 30 days without an offer, be prepared to lower your asking price.

Don't let the Days on Market (DOM) get too high before considering reducing your asking price. And if your house is listed now, but it seems that you are not getting any action from potential buyers, take action. - Call your Realtor and discuss if price is the problem and if so what price will get the job done. Don't wait for your Realtor to bring it up before discussing price reduction.

L8TR ---Archer---->

Sellers and Buyers! Not Happy with the agent you are working with? Maybe it's time to at least consider making a change. Contact a local professional that understands tough markets - a Realtor who is used to getting results.

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