|
||||||
Secrets For Selling Your Home How To Sell Your Home For The Most Money The Market Will Pay, AND On Your Terms And Time Frame... Theres No
Such Thing As Luck In Real Estate!
With Or
Without A Real Estate Agent
You Could
Lose Thousands Of Dollars, And Take An
Enormous Amount Of Time If You Dont Know What Youre Doing ¨ Not getting a total picture of the entire market before you start to sell your home. ¨ Selling your home in the 2000s using the outdated marketing techniques and methods from the 1980s and 1990s. ¨ Trying to add costs of home improvements on top of your sales price. ¨ Not understanding how to dress your home, so it shows like a model home, and commands top dollar. ¨ Using worn-out, ineffective image advertising to promote your home. ¨ Opening yourself up to crime by not tracking visitors to your home. ¨ Hiring a real estate agent who tries to sell their multi-million dollar producer pitch instead of demonstrating skill and proficiency in marketing homes. ¨ Letting a real estate agent seduce you into their services by promising you an over-inflated sales price. ¨ Not having bridge financing or other contingencies if you are on a time deadline. ¨
Hiring anyone who isnt willing
to educate you on ¨ Not understanding whether you should sell your home yourself. (It may be to your advantage to go it alone, OR it may save thousands, and end countless headaches to use a REALTOR®.) How do you know? You Need To
Watch Out For These Dinosaurs, Because As Well-Intended As They May Be,
Theyre About To Cost You Thousands And Waste Your Time! In most
cases, they simply havent taken the time to do their homework. They just average them all together and tell you
thats what youre homes worth. Who are they kidding?!! First and foremost, before you list your home for sale, INSIST on seeing a total market overview of exactly what is going on in the ENTIRE market. Then narrow your analysis to local market information. Why do I say this? Because you want to know two things: 1) What is the ENTIRE market doing with values? Are they going up? And by how much? 2) What is the specific area doing with market values? How does it compare to what the total market is doing? Are the growth rates the same, lower, or higher than the overall market? Step #2: Set The RIGHT Price For Your Home From
The Start Every seller wants to realize as much money as possible when selling his or her home. The natural inclination is to price your home high, thinking you can always come down in the future.
Why is this?
Because buyers will reject your home in favor of other homes in a reasonable price
range. And if that doesnt frustrate you,
think about this: Buyers will use YOUR home to compare and justify the purchase of
But the problem gets worse
Its a fact that 96% of all homes are sold by REALTORS®. So whether you sell your home yourself, or through a
professional, you MUST be able to attract the REALTOR® community to your home. Problem is, agents who otherwise would readily bring buyers through your home will automatically cross it off their showing schedule because its priced too high. They dont make money showing homes they make money SELLING them. Agents Simply
Will NOT Show Overpriced Homes Because They
Work By Commission. Showing
Overpriced Homes That Will Never Sell Means
Theyre Working For FREE
Because buyers usually want to know how long a home has been on the market before
they decide how much to offer. And the longer
your listing has been sitting unsold, the more desperate your home looks.
Like sharks smelling blood, buyers will see your home as prey.
And their offers are going to knock you over. But
youll have little choice but to negotiate. You
have no other options.
How could this all have been avoided?
By simply pricing your home correctly in the first place. Homes That
Sell Fastest Also Sell For The Most Money!
Heres a little help for pricing your home.
The first thing you need is VALID local market information. Take a look at homes that have sold in your area. Compare the price sold as a percentage of list
price. This will help you get a feel for the
average discount in the area. Generally, your list price will be within 2.5 to 5 percent of what you expect the final selling price will be. But be careful!
The amount of discount should be dictated by real world FACTS from YOUR AREA, not
some real estate agents guess on what he or she expects offers to come in at. If the selling market is hot in your area, there
will be little or no discounting. There may
even be bidding wars, and homes selling for more than list price.
On the other hand, if homes are not selling well, you will need to be flexible.
Next, DO YOUR HOMEWORK to determine what your home is worth. You dont just use a CMA like many agents use. Do a total market analysis.
When you narrow down your area, you need to correct values for distressed sales,
divorces, remodeled homes, and other events that affect the value of other homes that have
sold.
Each factor (distressed sale, condition, siting, location, etc.) will add to or
detract from the value of your home. And in
most cases, the only person who can really give your this information is a GOOD
agentsomeone who has extensive experience valuing homes.
Notwithstanding all your hard work, in the end
The MARKET Is
the Only Determinant Of The VALUE Of Your Home 2. Subtract the amount buyers will discount to arrive at sales price (Step #2 above). 3. Subtract your estimated real estate commission. 4. Subtract contingency costs and repairs/personal property stipulated in a contract. 5. Subtract closing costs: appraisals, attorneys fees, escrow and title fees, etc. Maximum Exposure Purchase
Decisions Are Emotional, Not Logical It will be
evaluated for its potential to become a HOME. Successful
Marketing Of Your Home Requires A Complete, Systematic Approach 2. Provide you with PROVEN professional advice on dressing your home to show exceptionally well, and to sell for the highest possible price. 3. Place your home on our company tour schedule so we can speak knowledgeably to phone-in buyers. 4. Promote your home with local newspaper ads targeted specifically to home buyerswith a combined circulation of 35,000 readers. All homes in Winona & Goodview receive this publication. 5. Create custom publicity flyers about your home for personal distribution at open houses and to buyers interested in privately viewing your home. 6. Maximize showing exposure through professional signageALSO specifically designed with proven strategies to motivate buyer calls. 7. Enhance convenience of buyer viewing, yet maintaining security for you and your family by placing your home on the Supra lockbox system. 8. Promote your home through public Open Houses. 9. Educate you and your buyers on the numerous financing plans to make buying your home EASY! 10. Suggest constructive changes to your home to make it more appealing and a higher-priced sale more likely to interested buyers. Many of my suggestions can capture up to $10 for every $1 invested. 11. Keep you educated and up-to-date on listing and selling market conditions in your area. 12. Update you on all activity regarding your home: agent showings, open house attendance, agent tours, sign inquiries, etc. 13. Place your home on several websites: www.realtor.com, www.semnrealtors.com, www.conrad.hbci.com, www.ljdrealty.com . This way your home will have maximum exposure to newcomers to the area. 14. Ensure your home security by tracking all home showing agents and the public using special sign-in sheets. 15. Follow-up on all agent showings to answer questions and motivate interested buyers to purchase your home. 16. Ensure that any offers from buyers are pre-qualified and capable of closing on the purchase saving you time and money from unqualified buyers. 17. Actively represent YOU in contract negotiations with buyers to help get the highest selling price for your home, and minimize any stress incurred in selling your home. 18. Coordinate
escrow, financing, and closing activities on your behalf to ensure 19. Personally
deliver your proceeds check at the closing of your home. Step #5: Prepare Your Home To Show And Sell For Top Dollar Are TWO Very Different Things! Ø
First impressions set the tone for a
buyer visit, and theyre LASTING! Approach
your home in your car like any buyer would. Examine
the outside as youre approaching. How
does it look? Are shrubs away from the home? Oil in the driveway?
How does the grass and landscaping look?
Cluttered looks detract from the architecture of the home. A clean, polished landscape says your home is
valuable and well-maintained! Ø
Take a look at your actual home. Is the paint fading or chipping? Is the color outdated or impersonal? How does the roof look? As you drive up to or away from your home, what do
you see first? Ø
Now go inside just like a buyer would. You want to be aware of four senses: smell, touch,
sight, and hearing. Go through room by room
and test all four senses. Check flooring and
carpet for stains, overall wear, and odors. Most
importantly: Pack away all appliances, get rid of excess furniture, put away useless
dishes, and make your home neat and orderly. If
youve ever visited a model home, youll notice its clean and uncluttered. You have to move anyway, so you might as well pack
early, and make your home more saleable. Go to
the garage and make sure its neat. Ø
Hire someone to professionally clean
your home. Top to bottom! Cleaning and cosmetic fix-ups, especially in the
kitchen, bathrooms, and master bedroom, can many times yield you up to $10 in extr Ø
Pets should be out of sight (and
smell!). Get rid of pet odors for showings. Remember the four senses. Also, some people are uneasy around pets, and they
may distract attention from the features of your home. Ø
Pay particular attention to lighting. During the day, open all your blinds and curtains. If its cloudy out, turn on all lights for
showings. At dusk, leave your front drapes
open and turn on all the lamps and lights. At night, do the same, but
close your blinds and curtains. When showing
your home, turn off all appliances, television, radio, and anything that will distract
attention from your home. You might want to play a
little light music to enhance the emotional experience for your buyers. Remember, you want it to feel like
home. Most importantly, if there
are any problems with the home or clear title, you must DISCLOSE them to any potential
buyers. If youre using a REALTOR®,
they can help you sort out these issues, and disclose them in a way that will minimize
their impact on a buyer. Step #6: Negotiate The Best Deal And Close Your
What now? How do you negotiate your way
to the deal youre looking for?
If youre using a REALTOR®, they will guide you though the
negotiation, providing support documentation and other helpful back-up to justify your
price. But if youre going it alone, you
will have to hone your negotiating skills.
The first step to
If you overpriced your home (remember
so I can come down in the future), you will
have trouble convincing a bona fide buyer to up their offer.
Now, the second step for negotiating is to KNOW THE BUYER. Years ago a real estate expert told me that the party who is less motivated almost always gets the better deal. The ONE single element that will determine how well you negotiate your offer is How MOTIVATED
Is The Buyer, And How
MOTIVATED Are YOU?
And if youve been trying to sell your home for nine months, your kids are
late for starting school this year because you havent found a home yet, your spouse
has moved on to another city to start their job, and you now have a bona fide offer, YOU
may be very motivated to sell!
Nevertheless, heres a tip you MUST bring to any real estate transaction
Move Heaven
And Earth To AVOID Emotional Attachment To The Transaction And thats one reason why you need a REALTOR® representing you during any transaction. The middle person alone will help save you money. Ø Did they make positive comments when viewing your home? Ø Did they come back to visit your home at least three times? Ø Did they make positive sighs and other body language when walking through your home? Ø
Heres
an important tip: TAKE NOTES about the
features buyers like about your home. Then,
turn the features into Lifestyle Benefits of living there to wet their appetite. If a young couple looks
starry-eyed because they feel theyve found their dream home, YOU will most likely
have more negotiating power. Clearly, THEY are
more emotionally motivated.
So you decide to make a counter offer to your buyers.
Make sure you back up your offer with FACTS
real reasoning. Show examples of similar home sales in your
neighborhood. Look at the notes you took by
observing the buyers, and REMIND them of the features and benefits they like about your
home.
You may go back and forth several times before arriving at a price. But remember, if a buyer comes within $1,000 of
what you want for your home, youd better think hard before turning it down!
Once youve agreed upon a price, you should call in the help of a
professional, such as a real estate attorney. If
you have a REALTOR®, theyre usually trained to handle further items for
negotiation, and have excellent contract forms that have been tested for years.
But remember, NEVER sign a contract until you completely understand ALL of the
terms and conditions. A lot of real estate
mumbo-jumbo can make you feel overwhelmed.
Using a real estate attorney or a REALTOR® can make the process easier
for you.
OK, youve now arrived at
If youre using a REALTOR®, they will be worth their weight in
GOLD with the next phase of the deal (if they havent already saved you thousands in
pricing, dressing, and negotiating your home). Heres a list of items you (or a REALTOR®)
needs to handle: 1. Opening of an Escrow account with a reputable and affordable escrow/title company. 2. Examination of Title of the home, and the purchase of title insurance to protect against any flaws or deficiencies in clear title. 3. Coordinating the completion of contract requirements: Home Inspections, Termite Inspections, Seller property disclosure statements, etc. with reputable inspectors. 4. Verifying buyer financing is secure (this one is HUGE!). 5. Ensuring any contingencies have been completed: Remodeling, repairs, etc. 6. Ensuring any hold-backs or reserves are met. 7. Coordinating cleaning and maintenance that may be stipulated in the contract. 8. Handling any other special contingencies that may arrive up to the final hour. interviewing moving companies getting the kids in school coordinating repairs and cleaning stressing out about the new job, or community and searching and buying a new home.
Do you remember the old riddle that goes, What do you call the person who graduated dead-last in
their medical school class? Answer: DOCTOR! Our community is loaded with agents who are WRONG for you, your area, and your home. Some agents are in business part-time for a little extra cash. Others are subsidizing other businesses or careers. And then theres your cousin Harry, who you may feel obligated to because he really needs your business. WHY
ME? Ø I have a 1/2 time assistant, a cell phone, a personal real estate only web site in addition to our company site, and two phone lines. Im not telling you these things to impress you, but to impress UPON YOU the difference between agents who simply sell real estate, and those who COMMIT to whatever it takes to serve a client beyond their expectations! Ø I am a full-time Realtor. I am well-educated. I make it a priority to educate YOU on every aspect of your transaction. Ø
I have developed an EXCLUSIVE Step
marketing plan that is unequalled by anyone in the business.
I do this because my dedication to selling your home is also unsurpassed. Theres no other way I can live up to that
expectation without extraordinary marketing capabilities. Ø
I make regular contact with all my
clients. You will NEVER feel out of touch with me! Ø
I guarantee everything I do! If youre not happy with me, you may fire me. This places the burden of risk to perform on ME,
not you. Ø
I have references for reliable title
companies, escrow companies, financing sources many agents are clueless about, insurance
companies, inspectors, attorneys, and others directly relating to your transaction. If you choose to use any of them, you wont be
dealing with arbitrary people. These are
professionals I have used personally in other transactions. Ø
I schedule showings around your
schedule, and to respect your personal and family time.
This requires special planning and forethought most agents do not consider. Ø
Each day, I speak with several
individuals directly related to real estate buying or selling. This allows me to create a communication link of
properties to people. Ø
Most Importantly: I generate
over 80% of my clients through referrals alone. I
do very little traditional marketing. Instead,
I focus 110% of my efforts into providing such outstanding service, my clients are
inclined to refer my services to family, friends, and acquaintances. On the surface, it may seem
there are lots of REALTORS® to choose from.
But just because there are lots of Realtors out there doesnt mean they can all do the same job for you...
I have enclosed with this report Ø Ill conduct a careful, thorough valuation of your home, based on real world facts, in an EASY to understand format. You wont get any inflated values just to pressure you into listing with me. And you wont get
anything like I have a buyer right now
whos interested in your specific home, and if you list with me, Ill bring him
by right now. With me, youll
get NO pressure. No arm twisting. Just a real world, honest, fact-filled analysis. Ø
Ill tour your home to identify
items that could negatively affect your selling price.
As I mentioned earlier, some of my findings could bring as much as $10 in
extr Ø Ill share with you my Top Dollar Marketing Plan. My plan will give you insider secrets on how to promote your home properly, how to handle buyers, how to avoid crime, and much more. Ø
PLUS, I guarantee everything I do. If any other agent wont guarantee their
services, ask them why? Youre staking
the successful sale of your home on their abilities, why shouldnt they stake their
commission the very same way? I place my
priorities in the same place as yours. Were
in this together! Ø
When selling your home, the LAST thing
you need is added pressure. Thats why
Ill answer all of your questions. And
give you one less thing to worry about during these hectic times. But
Dont Wait!
I enjoy working with clients, and sometimes my practice gets booked up fast. In order to make sure I have undivided time for
you, I need to hear from you immediately so there are no conflicts in scheduling our
meeting. Plus, I know theres a natural tendency to procrastinate and put off important decisions. But the more you procrastinate, the more pressure ultimately rests with you. By Not Acting
Now, You Could Open Yourself To Losing Thousands Of Dollars So call now at 452-1234, and Ill immediately arrange a convenient time to meet, and share with you my Maximum Home Value Audit. Its Free. Its FAST. Theres no obligation whatsoever. And it could save you thousands on your home sale. Sincerely yours, LeAnn Conrad 452-1234 Cell 450-1015 Email:
P.S. Once you have read this report completely, make a list of areas you would like to discuss. Call me at 452-1234 to schedule your Maximum Home Value Audit. My exclusive audit could save you thousands of dollars. And its Free, and without obligation, pressure, pitches, or games. So before you get distracted, call now! |
Home | Homes for Sale- Updated Daily | FREE Reports | Sellers Investors | For Sale By Owners | Bad Credit? | Apts for Rent Copyright Conrad Solutions.
All rights reserved. |