9 DEADLY MISTAKES HOME SELLERS MAKE – #6
DEADLY MISTAKES HOME SELLERS MAKE – #6
Selling the most expensive asset that most families own is serious business, not something to be taken lightly. It can be a highly stressful process and costly mistakes are easy to make. In order to net the most from the sale it takes careful planning and some work on the seller’s part.
Based on our years of first-hand experience, we have compiled a list of the 9 Deadly Mistakes Home Sellers Make to help home sellers avoid them. As the old proverb says, “forewarned is forearmed.”
A copy of the list is available at no charge to anyone who requests one by
e-mail. Send you request to: Mike@BuyYourVilla.com 
DEADLY MISTAKE #6 –
Thinking you need to be in the home to explain things to a prospective buyer.
Many sellers are concerned that prospective buyers may miss some of the most important features that their home has to offer. Their tendency is to meet the prospective buyer at the front door and hover around them, pointing out every little feature: DON’T!
Let their Realtor, or YOUR Realtor handle that. Almost every buyer wants a little space when they are looking at homes. They feel much more comfortable if they can speak their mind to a real estate professional. They tend to close down, walk through the home quickly and get out as fast as they can when the sellers are present.
They may be impressed that you home has a built in ironing board or a Lazy Susan turntable under the corner kitchen cabinet and they may not care. Every individual has their own priorities. Buyers can usually tell within a few minutes if the feel of the home and its setting will work for them. The home’s features are secondary. If the overall feeling is right form them they will then be interested in the features.
If you have a showing scheduled make sure things are straightened out, turn on the lights, open the window coverings, put on some soft music and LEAVE.
If people come to your door asking to see the home, don’t let them in. Refer them to your Realtor for a showing. You do NOT want unscreened individuals in your home. They may come back when you are not home with a truck and clean you out! Just say, “for security reasons my Realtor requires that all prospective buyers be accompanied by a licensed Realtor when viewing our home. His/her name is —- and his/her phone number is 123-0987.”
It is better to be safe than sorry.
It makes no difference if you are in El Dorado Hills, Folsom, Cameron Park or any other city or town in California, or in any other state. The same rules apply.
If you have any questions or want to put your home on the market call a REALTOR today: (916) 337-0658. You will get a no-cost market evaluation and suggestions on how best to maximize your selling net!
9 DEADLY MISTAKES HOME SELLERS MAKE – #7
DEADLY MISTAKES HOME SELLERS MAKE – #7
Selling the most expensive asset that most families own is serious business, not something to be taken lightly. It can be a highly stressful process and costly mistakes are easy to make. In order to net the most from the sale it takes careful planning and some work on the seller’s part.
Based on our years of first-hand experience, we have compiled a list of the 9 Deadly Mistakes Home Sellers Make to help home sellers avoid them. As the old proverb says, “forewarned is forearmed.”
A copy of the list is available at no charge to anyone who requests one by e-mail. Send your request to: Mike@SellYourVilla.com
DEADLY MISTAKE #7 –
Not knowing how to price your home to sell.
For most homeowners, this is probably the most difficult part of the selling process. The key to selling a home, or anything else, is to price it properly. Any home, even one in terrible condition, will sell if a buyer perceives that there is value in the price that they are paying. This is one of several areas where the assistance of a skilled Realtor can pay dividends.
One thing to keep in mind is that a raising, or falling, tide floats all boats. It makes little difference at which stage the market is when you make a decision to sell. If you have to take a hit on price when you sell the seller of the home 
that you intend to buy will have to take that same hit. If you rake in a nice profit when you sell your home, you are going to have to pay a high price on the home that you buy.
Over the past few years market prices have declined. It is difficult for many homeowners to accept the drop in the actual market value of their home. Too may have their hearts and minds tied up in 2005 pricing (the height of the market). Sellers frequently do not take the time to look at their competition when considering pricing their home. They do not look at it from the buyer’s side. Most buyers look at anywhere from five to fifty homes before they find the one they want. Before they make that offer, they have a good idea what the market values are. Their agent will do a market analysis for them before they make a decision, making them even better prepared. If your asking price is too high they won’t bother making an offer because they will be confident that you are not in tune with current market prices and will not be willing to negotiate.
Some sellers want to start high, thinking that they can always drop their price if they don’t get any offers. This is flawed thinking. The will have lost many opportunities because buyers will pass their home up in favor of well priced homes. Once your listing becomes “stale,” buyer interest wanes. Price reductions, chasing the market down usually end up with a no sale situation.
Pricing a home too low is also a bad idea, unless you can create a buyer bidding situation in which the winning bed is well above your original asking price. This is difficult to accomplish and usually works out very well for the seller when it happens. The danger is that if the final offer price is too high the home will not appraise and the buyer will not be able to get financing to complete the purchase. Lenders are VERY CAUTIOUS right now and many deals fall apart because of the appraisal.
When prices are raising or falling quickly pricing becomes more difficult. You have to depend even more on your Realtor to get the pricing right.
It makes no difference if you are in El Dorado Hills, Folsom, Cameron Park or any other city or town in California, or in any other state. The same rules apply. If you are considering selling, contact your Realtor today!
If you have any questions or want to put your home on the market call today: (916) 337-0658. You will get a no-cost market evaluation and suggestions on how best to maximize your selling net!
9 DEADLY MISTAKES HOME SELLERS MAKE –#8
9 DEADLY MISTAKES HOME SELLERS MAKE – #8
Selling the most expensive asset that most families own is serious business, not something to be taken lightly. It can be a highly stressful process and costly mistakes are easy to make. In order to net the most from the sale it takes careful planning and some work on the seller’s part.
Based on our years of first-hand experience, we have compiled a list of the 9 Deadly Mistakes Home Sellers Make to help home sellers avoid them. As the old proverb says, “forewarned is forearmed.”
A copy of the list is available at no charge to anyone who requests one by e-mail. Send your request to: Mike@SellYourVilla.com
DEADLY MISTAKE #8 – Not planning your move early enough
Most sellers simply don’t plan their move early enough and then feel totally overwhelmed at the time they have to 
move out of their home. As with most things in life, planning ahead enables you to complete the task with less stress and, often at a lower cost.
One of obstacles to selling most homes is that they are frequently jam packed with treasures, gathered over the years. Although those treasures are of considerable importance to you, the seller; a potential buyer usually sees them as needless clutter. They take up room, making the home seem smaller, and detract from the overall appeal of the home. Packing away your treasures when you list your home for sale serves two purposes. First, it helps you maximize the appeal of your home and makes is look larger. Second, it helps as the first step of the moving process. Items packed when you list the home will not have to be packed at the last minute before you move.
If you have the luxury of selecting the time of year that you will move try to avoid the summer months. That is peak-season. Costs will be higher and availability of service providers limited. Also consider that the first and last few days of the month are also extra busy.
Keep a record of all expenses related to the move, some or all may be tax deductable. Compile l list of all items that you will move, room by room. This will help you establish an amount that you will have to declare as the value of your belongings. Try to include the year purchased and purchase price of expensive items. This will help with insurance if needed. The use of a video camera may be helpful here. A slow pan of all items, room-by-room may prevent you from forgetting important items and help with insurance claims if the items end up missing of damaged. Make a separate inventory of high value items such a jewelry, antiques, art, cameras, crystal, china, firearms, electronics…etc.
Note that unless you have been given a binding moving estimate where a firm cost is established in advance, the exact cost of a move can not be determined until after everything has been loaded into the truck and the truck is weighed. The charges are usually based on the loaded weight of the truck less the empty weight of the truck. The total cost of the move will include transportation charges, declared valuation charges plus any extra charges for special services performed. All of these charges are basked of tariff rate schedules.
It makes no difference if you are in El Dorado Hills, Folsom, Cameron Park or any other city or town in California, or in any other state. The same rules apply. If you are considering selling, contact your Realtor today!
If you have any questions or want to put your home on the market call today: (916) 337-0658. You will get a no-cost market evaluation and suggestions on how best to maximize your selling net!
9 DEADLY MISTAKES HOME SELLERS MAKE–#5
DEADLY MISTAKES HOME SELLERS MAKE – #5
Selling the most expensive asset that most families own is serious business, not something to be taken lightly. It can be a highly stressful process and costly mistakes are easy to make. In order to net the most from the sale it takes careful planning and some work on the seller’s part.
Based on our years of first-hand experience, we have compiled a list of the 9 Deadly Mistakes Home Sellers Make to help home sellers avoid them. As the old proverb says, “forewarned is forearmed.”
A copy of the list is available at no charge to anyone who requests one by
e-mail. Send you request to: Mike@BuyYourVilla.com
DEADLY MISTAKE #5 –
Forgetting what you would want to see if your were the buyer of your home
Although we all strive to attain our own individuality, there is a remarkable similarity in what we expect when those expectations are met at someone else’s expense. Every prospective buyer wants to buy the perfect home. Few will settle for much less than their perception of that perfect property. The smallest imperfections can turn a buyer off.
With that in mind, a seller must be diligent in maintaining their property when they have is on the market. Keeping everything neat and CLEAN is essential.
Outside
- Keep walkways and patios and courtyards orderly and swept
- Put toys, bikes and gardening tools away
- Park extra vehicles away from the property
- Ensure that plants and shrubs are kept trimmed and well watered
- Apply fresh, clean paint
- Keep windows and coverings clean
- Inspect roof and gutters and keep them clean and functioning properly
- Mow lawns frequently
- Water and maintain vegetation
- Repair any damaged areas
- Keep all pet areas clean
Inside
- Reduce the number of personal items, place non-essential items in storage
- Keep everything CLEAN
- Ensure everything is in good repair (paint, sealant, etc.)
- Kitchens and bathrooms should SHINE
- Put all dishes, glasses and cooking utensils away
- Vacuum carpets and floors daily
- Hang up all clothes or place in laundry hamper
- Make all beds daily
- Straighten all closets
- Put all toys away
Before a Showing
- Open window coverings, let in as much light as possible
- Turn on all lights
- Remove pets from home
- Secure jewelry, valuables and prescription medicine
- Play soft background music
- Make sure that the television is off
- Remove the family from the home and stay away until you are sure the buyer and their agent have left
Once you have done everything you can to make the very best impression, relax and wait for the offers to come in.
It makes no difference if you are in El Dorado Hills, Folsom, Cameron Park or any other city or town in California, or in any other state. The same rules apply.
If you have any questions or want to put your home on the market call a REALTOR today: (916) 337-0658. You will get a no-cost market evaluation and suggestions on how best to maximize your selling net!
ADD A LITTLE PIZZAZZ TO YOUR BATHROOM FOR $ 100!
Most of us are aware of the fact that homeowners get the most bang for their renovation buck in the bathroom or the kitchen. While a full blown renovation can cost a fortune, we would like to improve things at a slightly lower price point.
Bill and Kevin Burnett, writers for Inman News just published an article on how to do a $ 100 bathroom make over.
Select this link for the complete story:
http://lowes.inman.com/InmanINF/lowes/news/138393
