Sellers
For most families, their home is their largest financial asset, and
deciding to sell it is a big decision that involves a lot of
preparation and work. When you're ready to sell it's important to have
an experienced real estate professional handle the details involved in
the successful sale of a home for top dollar.
As an experienced
professional who has helped many Moneta residents sell their homes, I
know how to handle every aspect of the sales process - from
strategically marketing and showcasing your home to making sure
everything's signed, sealed and delivered by the closing date.
Providing
you with comprehensive, high-quality listing service is my top
priority. So when you decide to sell your home, please contact me and let's get started!
The following articles are a great place to start if you're looking for
information about the sales process and how you can get more for your
home when you decide to sell.
The Basics of Marketing Your Home
| How to Set a List Price for Your Home
|
Get Your House Ready to Show Buyers
| Why Use a Realtor when Selling Your Home
|
The Basics of Marketing Your Home
Your REALTOR®’s marketing efforts and considerations will
include advertising, showing the property, how long the house has been
on the market and whether you're buying another home. Your home should
be listed, whenever possible, through a Multiple Listing Service (MLS).
Advertising and Promotion
Properties are commonly advertised through real estate agent Web
sites, Internet home search/listing services, classified advertising
and real estate guides. Promotion efforts through office and MLS tours
are a good way of getting other buyer agents to view your home and to
promote it to the buyers they are working with.
Even with all these advertising avenues, " For Sale" signs on front lawns are still remarkably effective. Many REALTORS®
promote their Web sites on the sign and use brochure boxes with the
signs to market the property. When appropriate, and with your
permission, your REALTOR® may send a mailing about your
property to neighbors. Sometimes one of them has a friend or relative
who always wanted to live near them. You never know how far reaching
the benefits of word-of-mouth advertising by friends, relatives and
neighbors can be.
Showings and Open Houses
To prepare your home for viewing, make it as bright, clean, cheerful
and serene as possible. Always look at your home from the buyer's point
of view. Your REALTOR® will probably find a tactful way to
suggest that you be absent while the house is being shown to
prospective buyers, because your presence will inhibit their actions
and conversations. They won’t feel free to open closets and cabinets,
test out the plumbing and discuss their observations objectively as
they walk through the house. It goes without saying that your children
and pets should not be on the premises either.
If your REALTOR® has scheduled an open house, you may
want to notify the neighbors, and assure them that they'll be welcome.
They'll jump at the chance to poke around in your house, and sometimes
they can turn up a buyer among their friends.
Quick tips for showings and open houses:
- Clean or replace dirty or worn carpets.
- Open all curtains and blinds.
- Replace any burned out light bulbs and turn on all lights.
- Clear all clutter.
- Clear all countertops.
- Wash and put away any dirty dishes.
- Set the dining room or kitchen table if you have particularly nice linen or china.
- Simmer a few drops of vanilla on the stove.
- Put on soft music.
- Burn wood in the fireplace on cold days, otherwise, clean the fireplace.
- Put fresh towels in the bathroom.
- Take any laundry out of the washer and dryer.
- Leave the house so your REALTOR® is free to deal with prospective buyers in a professional manner.
- Put pets in cages or take them to a neighbor.
How Long Has Your House Been on the Market?
Professional appraisers sum up their entire body of knowledge in three words: " Buyers make value." Your home is worth as much as a buyer will pay for it.
If your home has been on the market for months, it’s a clear message
that the property may not be worth what you're asking for it. This is
particularly true if there haven't been many prospects coming to see
it. What you do at that point depends on whether you really need to
sell, and whether you're working with a time limit.
If you're not really motivated to move soon, you can always wait -
years if necessary - and hope inflation will catch up with the price
you want. The problem is that in that time, your home begins to feel
shopworn. Buyers become suspicious of a house that's been for sale for
a long time.
If you really do need to sell, with your REALTOR® discuss
a schedule for gradually dropping your price until you find a level
that attracts buyers. There's no point in saying, " We simply can't
sell our house." Anything will sell if the price is right.
If You’re Buying Another Home
You may wonder what will happen when you're selling one home and
buying another – how will all the details work out? This is a common
situation and REALTORS®, lawyers, and title and escrow
companies have plenty of experience in arranging contracts and loans so
that the two transactions dovetail smoothly.
And should you sell your home first then buy or buy first then sell?
Ideally, it’s best to find a home you like and make an offer subject to
selling your current home. This generally works in a normal market.
However, in a “hot” market most sellers will not accept a “subject to
sale” offer. In this case you need to sell your home first and then buy
a new home in the interim period between selling and vacating your
house.
If you find that you need to buy the next house before you've
received the proceeds from the present one, lending institutions can
sometimes make you a short-term " bridge" loan to tide you over between
the two transactions. Make sure you fully understand the exposure and
emotional investment before proceeding with this type of loan.