Seller Tips
14 IMPORTANT FACTS TO CONSIDER BEFORE YOU TRY TO SELL YOUR OWN HOME in Brampton
Occasionally, one can see "For Sale By Owner" signs, and some owners think that selling their own home will not only save them money, but believe they have an advantage over the sellers that have their home listed by a reputable Realtor©. Before you decide to take on this very important and legally complicated process?remember not even most Real Estate Lawyer's recommend selling your own home yourself in today's market. Here are a few of the reasons why:
1. You are limiting your exposure to potential buyers (less than 10% of what a good real estate broker will generate) which theoretically means your home will take ten to fifteen times longer to sell on the market.
2. The longer a home is on the market the lower the selling price is. Why? Because most buyers think that if the home has not sold after this long... there must be something wrong with the home.
3. The selling/buying process begins AFTER the buyer leaves your home. Most sellers think that all it takes is for someone to see their home, fall in love with the great decor... and the offer automatically will follow. Remember that the buying process begins after they leave your home. If a real estate sales representative does not represent the buyer, and they are looking on their own?they usually leave the home and start to talk themselves out of the buying process. If the buyer is represented by a real estate professional Realtors© are trained on how to overcome buyers remorse--a very common occurrence.
4. Because of the limited exposure you will very likely end up with a lower selling price. Remember, in order to generate the highest price possible for your home? selling means exposure. You need the maximum exposure possible, to generate the highest price possible.
5. Most buyers find it extremely awkward to negotiate or even to talk directly with sellers and therefore avoid FSBO properties.
6. Lack of negotiating experience and lack of pertinent information often will result in a lower selling price, or worse yet, a bungled contract and possible lawsuits.
7. The majority of qualified buyers are working with experienced real estate professionals.
8. Many serious buyers will pass by a FSBO home merely because they recognize that it is not in the real estate mainstream, this can some times make them wary.
9. As most local buyers now retain an experienced real estate sales person to represent them as their buyer-agency, you will probably be negotiating against an experienced professional.
10. Expected savings in broker's fees will also be greatly reduced if you offer a selling commission to entice real estate sales representatives to bring potential buyers.
11. If you are planning to use a Lawyer to help you negotiate the offer, then your lawyer's fees will be considerably higher.
12. Only real estate sales representatives have access to the up-to-date market information. News reports cannot approach the timeliness or specificity available to real estate sales people. Further, real estate sales representatives are involved in home sales much more frequently than the average homeowner is. This familiarity leads to a degree of expertise that provides an edge on negotiating and successful selling.
13. You only pay the commission to the real estate broker, if they successfully sell your home at the price you are happy with.
14. Accepting an offer is one thing, ensuring a safe and successful closing is quite another. Real estate transactions usually always have problems on closing. At times, expecting the Buyers and Sellers Lawyer's to fight it out or resolve the problems, can sometimes mean the deal is lost. This is the time that your experienced real estate professional, can be the most important. Your Realtor© can act as a great mediator. Lawyers MUST act only on their client's instructions and are not paid to negotiate.
In Nut Shell
1. How the house shows from the Buyers prospective.
2. How flexible we are to show the house to potential buyer
3. How the house has been priced.
4. How the house has been marketed.
That means the Seller and Real Estate Representaive both have equel responsiblity. The Sales person has to advise about staging and pricing; how much they agree at first point that's what is count the most.
I can help you price as per current market condition.
I can help you stage your house that each and every buyer will like.
I will also provide feature sheets on glassy paper which a buyer can take with and will remember your house a bit longer.
Home Staging tips
Studies have shown that most buyers make a decision about a house within 15 seconds of walking in the door. Many other buyers make a decision without ever getting out of their car. The message here is that first impressions are very, very important when selling a home.
Home Staging Tips for the Outside of Your Home
The feeling that people get about the house from the street is called "curb appeal" and there are many home staging tips to improve it.
1. Eliminate all clutter. Homes look bigger and more stylish without any clutter. Many stagers have the clients move out entirely, and the stagers bring in their own items. Take all of the pictures off of the refrigerator, remove any stacks of paper on your desk, etc. Also, having a professional house cleaning service come in and do a thorough once-over is almost always well worth the cost.
2. Fresh paint can make a real difference. It is the frosting on the cake. Use colors that will appeal to the greatest number of people. You may prefer something bolder or outrageous for yourself, but when selling a house, neutral-colored interior paints work best. Also, replace any worn carpets or other flooring. If you have hardwood floors that are in rough shape, having them refinished can often return many times the cost of the refinishing, and sell the home much faster.
3. In many parts of the country homes are shown with no window coverings at all. This creates an open and airy feeling.
4. Make sure there are no unpleasant pet or cooking odors. Some sellers now bake cookies for the open house, creating a warm feeling in they buyer's mind.
5. Use size-appropriate furniture. If you have a small bedroom, don't put a king-sized bed in there. Conversely, if you have a huge master suite, putting a single bed in there would look unbalanced.
6. Leave the lights on even during the day to make the home as bright as possible.
All of these home staging tips are really geared towards making the whole package seem as pleasant and comfortable as possible. One would think that buyers buy with their heads, but it's often their hearts that make the decision!
Home staging tis are provided by:http://www.homestaging.com
