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Home Selling Tips

A SIMPLE GUIDE FOR SELLING A HOME ON YOUR OWN

Why sell your own home?

Selling a home is not an easy task and is very time consuming, if you are up for the task we can help expose your property nationwide. Do not limit yourself to local areas.

Keep in mind you will do a lot of things that a real estate agent might normally do. Just look into EPROPERTIESS.COM step-by-step selling guide.

Since you're selling your home, you can afford to price your home more aggressively. The lower the price, the more likely it will sell faster. 

If at any point the selling of your home has become very time consuming and you are interested in looking for qualified buyers you can search our agent database for a professional in your local area.

EPROPERTIESS.COM is striving to become the world's largest home advertising website and referral of qualified professionals for your local area at an affordable marketing price.

                   SELL YOUR HOME WITH THESE 8 EASY STEPS

STEP 1: PREPARE YOUR HOME TO SELL - MAKE IT LOOK GREAT

Presentation is key on selling a home! Home buyers are attracted to clean, spacious and attractive houses. Your goal is to dazzle buyers. Brighten-up the house and remove all clutter from counter tops, tables and rooms. Scrub down your house from top to bottom. Make it sparkle. Simple aesthetic improvements such as trimming trees, planting flowers, fixing squeaking steps, broken tiles, shampooing rugs and even re-painting a faded bedroom will greatly enhance the appeal of your home. Also, make sure your home smells good. After preparing your home invite a neighbor over to walk through your house like a buyer would. Get their opinion on how it "shows".

STEP 2: PRICE YOUR HOME REALISTICALLY

Do not over price your home. Over pricing when you sell a home reduces buyer interest, makes competing homes look like better values, and can lead to mortgage rejections once the appraisal is in. Over pricing when selling a home is the single biggest reason why many for sale by owner homes sellers do not sell their homes successfully. Remember: the home selling market dictates the price (not what you think it should be worth).

One of the best ways to correctly price your house when selling is to find out how much other homes similar to your own recently sold for in your neighborhood. Talk to home sellers, buyers and check out the real estate listings in your local newspaper.

Typically, if you set the price of your home at 5 to 10 percent above the market price, you are likely to end up with an offer close to your home's true value. Also, you may try calculating the cost per square foot of your home compared to the house selling prices in your area (divide list price by square footage of livable space). If your house has more features or other desirable qualities, you may want to set a slightly higher house selling price.

The easiest way to accurately price your home is to contact your local home appraiser. Finally, set your house selling price just under a whole number as $269,900 rather than $270,000.

STEP 3: GET A REAL ESTATE LAWYER

Even though it's an additional expense, it may be wise to hire a lawyer who will protect your interests throughout the entire transaction. An experienced real estate lawyer can help you evaluate complicated offers (those with a variety of conditions), act as an escrow agent to hold the down payment, evaluate complex mortgages and/or leases with options to buy, review contracts and handle your home's closing process. They can also tell you what things, by law, you must disclose to buyers prior to a sale and can also help you avoid inadvertently decimating against any potential buyers.

In some areas, title companies will handle all aspects of the transaction and have in-house legal departments that can assist you with legal issues that may arise.

Unless you're significantly experienced in the home selling process, having a real estate lawyer at your side provides peace-of-mind. You know you've got someone looking out for your interests, not just the buyers.

STEP 4: MARKETING YOUR HOME

Advertise, advertise, and advertise. That is the way to sell your home faster.

EPROPERTIESS.com is striving to become the world's largest one stop real estate advertising website providing an interactive media for billions of visitors looking to buy or sell a home.

Most home buyers quickly scan ads, so it is important that your house stands out. For example, you may want to add a theme-line such as "Priced below market" or "Great schools." Stay away from industry jargon and use language that makes home buyers comfortable. Survey our web site and see how others have written their ads. You will quickly see which are "buyer friendly." Copy their approach for your ad.

Home Photos: Yes, a picture is worth a thousand words

If you are taking a photo of your home, be sure that the home's yard/driveway is uncluttered. Remove bikes, garbage cans and parked cars. The same applies for interior shots. People are looking to buy your house, not your possessions. Think of furniture as props and the room a stage. Move things around if you have to. Also, take lots of house photos. Film is cheap...your home deserves quality. The more you shoot, the better the odds are that you'll get a few really go shots.

Lawn signs

Lawn signs are one the most important marketing tools for home sellers. They attract attention to your home. Professionally-produced signs (like the ones we can send to you) telegraph to home buyers a "quality" image of your house.

Open houses

Open houses are sometimes a good way to attract buyers to your home. Typically, real estate agents conduct open houses for two reasons; 1. Clients expect them 2. They are a good way to attract buyers, not just for the open house but for all houses for sale in the realtor's area (yes, your competition). The fact is that very few houses sell due to an open house itself. List your open house in EPROPERTIESS.COM Open House page unlimited posting with your advertisement.

Home Brochures/Information sheets

It is a good idea to create an information sheet (with photos) about your home to give potential buyers. Consider printing the automated custom brochures of your ad from EPROPERTIESS.COM to give to people who visit your home.

You are your home's best salesman

As every salesman knows, to be effective you have to really know your product. And who knows your home better than you? Sell your neighborhood as well as your house. Show enthusiasm, but don't get caught-up talking too much about how "your daughter spent the best years of her life in this very room."

STEP 5: NEGOTIATING AN OFFER ON YOUR HOME

When a home buyer makes an offer (this is often presented to you directly from the buyer or through their lawyer), you should consult with your attorney. Buyers and sellers have an Attorney Review Period, which is usually three days, to cancel or amend the offer. The offer becomes a contract at the end of the Attorney Review Period, and is binding. Many of your home's offers can be complicated and contain special clauses that favor the buyer.

Purchase price isn't everything. Carefully consider the purchase contract's other terms and conditions. Too many contingencies can leave loopholes and cause a deal to collapse. Especially, avoid contingencies that favor the house's buyer, such as linking the escrow closing date to the buyer's sale of their current home. If the buyer insists on such terms, include a so-called kick-out clause in the contract that will allow you to consider other offers if the buyer isn't able to sell within a certain period of time.

Access your buyer's financial qualifications

Is the buyer pre-approved? How much of a loan is the buyer seeking? Unless you are in an active market, lenders tend to shy away from underwriting a deal in which the purchase price is higher than the nearest comparable sale and the buyer is putting less than 10% down. If this is the case, your buyer may not be able to obtain financing.

Know the home selling market

How you judge an offer also can depend on market conditions. If the selling market is slow, you may feel vulnerable, especially if circumstances are pressing you to sell. Make sure any offer you accept does not keep you in escrow longer than 30 days. In a hot market where multiple offers are likely, be wary of countering more than one offer at a time (you could end up in legal trouble if two buyers both accept your counter offer). Also be wary of offers that promise more money but contain poor contract terms (long escrow, multiple contingencies, etc.).

If you feel the home's offer is insufficient, make a counter offer. Rarely is a first offer the buyer's absolute highest price they are willing to pay. Negotiating is part of the home selling process.

Again, your lawyer or Broker/Agent should review the details of all offers.

Step 6. HOME INSPECTIONS

All standard real estate contracts are going to give the prospective home buyer the right to inspect your property - so be prepared. Under a general inspection you are obligated to make major repairs to appliances, plumbing, septic tanks, electrical and heating systems - or the buyer may cancel the offer. The inspection will also include your property's roof, as well as a termite inspection (in some states, house sellers must provide proof that the home is termite free).

If you are concerned about how your home will fair when inspected, you may want to visit your local inspector. They can conduct an inspection for you before a potential buyer has one done. This way, you can address the problems before a buyer stumbles upon them.

Once the inspections are complete, the buyer makes an application to a mortgage lender.

Step 7. BUYER APPRAISALS AND OTHER DETAILS

The mortgage lender will order an appraisal of your home to make sure they are not paying more than the house is worth. They may also order a surveyor to make sure that the property boundaries are properly laid out. They will also order a title search to determine if there are any liens against your property. These tasks are all the responsibility of the buyer and/or their attorney.

At this point too, the mortgage company will issue a commitment. Again, the buyer (and their attorney) must complete all conditions listed on the mortgage commitment.

Prior to closing, you should notify your lender that you will be paying off your mortgage. After a closing date has been agreed to, you should contact your utility providers and advise them of your final billing date.

Step 8. CLOSING

The day of the closing, the home's buyer will do a "walk through" of the property to make sure all agreed repairs are completed and that the home is in the same condition as when the buyer made their offer. If problems arise that this point, the closing can still take place with funds held in escrow to remedy the problem.

Closings usually occur 30 - 45 days after you have signed the sales contract. Depending on what state you reside in, you may close with an attorney, or with a title company. At the closing, all monies will be collected, any existing loans or leans will be paid, the deed will be transferred, and insurance will be issued insuring a free and clear title. The home seller will receive the proceeds of their home in one to two business days after the closing.

Conclusion

This step-by-step home selling guide is a general overview of the process when selling a home. Each state has slightly different laws and customs as they relate to the transaction process.

Selling a home yourself can be time consuming, but the financial rewards can be tremendous. But if at any point of your selling process becomes to overwhelming search for a Top Producer Agent in our Agent Search on our home page to help you sell your home.

HERE'S WHAT YOU CAN GET WHEN ADVERTISING YOUR HOME ON EPROPERTIESS.COM

    • 8 Photo/Image upload! More photo uploads then any other Website!          
    • Property will be displayed on our home page!
    • For Sale By Owner Webpage Click Here !
    • Online open house 24/7 at your disposal FREE!
    • Ability to print and give prospected buyers anywhere in the World an Automated Custom Brochure  available to you 24/7(optional)!

    • Local & Nationwide Exposure 24/7 !
    •  Yard Sign  (optional)!
    • Our High-Tech E-Find It engine works 24/7 bringing interested buyers directly to you!
    • Ability to have your home Featured on a larger image on our home page (optional)!
    • Ability to receive emails thru your Cell or PDA of any interested buyers!
    • Ability to have custom photos & 360° Virtual Tour taken of your home with up to 30 images in any combination! Yes, more VIRTUAL TOUR PHOTOS then any other website. Powered by Real Tour Vision. 

 

                  REGISTER NOW!

 

 

 

 

 

Home Selling Guide     

 

 

MARKETING YOUR REAL ESTATE


One of the most difficult aspects of selling your own home is attracting qualified and interested buyers. Obviously you have to do the basics, such as putting an attractive sign on your yard with an informative tube attached and running a classified ad in the newspaper with minimal information and directing potential buyers to your home website in the internet for more elaborate property details which is less expensive than to run in your local newspaper.

If there are major employers in the area, call the human resources department and ask if there is a procedure for putting an ad on their bulletin boards. There may also be methods for you to let any employees who are relocating to the area know about your home.

Put a notice in your company newsletter.

Post your Epropertiess custom brochure on bulletin boards in stores, supermarkets, libraries, your church, and schools. Find out the day of the week the bulletin board is cleared, and replace each week.

If you are contacted by a Realtor you can inform them that you will cooperate at a reasonable percent. You may want to inform the Realtor that you will sign a one-time showing agreement if he/she produces a qualified buyer.

Keep in mind that the Realtor has not incurred any advertising expenses. So, do not feel bad giving them a reasonable commision like 3% or even a 2.5% for bringing you a qualified buyer. Remember; if you’re asking $250,000 for your home 3% commission to the Realtor is $7,500 this is a fair pay out for selling your home.  In all fairness that is a great commision for a Realtor for bringing you a qualified buyer. Email us at Support@Epropertiess.com and we will provide you with a standard one page agreement that can be used for any Realtor that brings you a qualified buyer.

Home Warranties are also a great marketing strategy. They help give buyers confidence and offer a little something extra that can help seal the deal. Purchasing a home warranty not only protects you, but it puts confidence back into the buying and selling process. A home warranty is a form of short term insurance to cover major appliances and systems while the home is for sale. Builders always offer home warranties with new homes. If you buy a seller’s warranty, make sure to advertise the fact. There are many home warranty services available.

Remember, that 99% of home buyers start looking for a dream home through the internet. An advertising company that offers lots of features for a reasonable price and the right exposure would be your best starting point. Do not be deceived by some companies that charge you a small fortune for their position on the search engines promising you fast results.  Compare the features you are getting for the price this can help you make the right decision on which advertising company to use.

Real Estate is a major investment and takes time for a buyer to decide which home best fits their needs.

Do you know the real deal of the MLS? The Multiple Listing Services is a local advertisement for Realtors. Only Realtors and other members of the Realtor Association have access to the data on the MLS. So, when you advertise on the MLS not only do you get local exposure you have to pay a big fee to be listed.

If you are up to the task and with basic real estate knowledge you to can sell your home. You are the best salesperson to sell your property. You know everything about your home and your neighborhood.

But if you find yourself short of time and not up to the task or to over-whelming and in need of assistance in selling your own property search EPropertiess.com for a Real Estate Professional in your area.  Commission fees may apply so be sure to get all the facts before you hire an Agent.  

 

 

DEVELOPING A MARKETING PLAN

 

Selling your home requires developing your own marketing plan, getting prepared to sell your home, than executing your plan.

 

Developing a strategy for selling your home and gaining access to the tools that make it easy to attract potential buyers are both vital if you intend to be successful. Marketing your home with the right advertising company is the best way to sell it quickly and easily. The satisfaction of selling your home on your own can’t be matched.  Epropertiess not only provides you with the tools but is there to assist you with any marketing questions along the way.

 

Please note that you should always consult with a real estate attorney with any legal questions you may have.

 

Selling your property doesn’t have to be a career objective. Learning the terminologies and mastering the necessary marketing strategies simply is not rocket science. The real skill is finding objective and quality information.

 

 

At EPropertiess.com we do not limit your property exposure; we give your property worldwide exposure and features to help you market your property.  Unlike, your regional MLS with limited exposure, tools and features and costly fees.  

 

 

Marketing Resources

 

Marketing strategies available to you include many of the same resources Realtor’s use, which include yard signs, brochures, classified ads and electronic marketing. Internet listings give you the opportunity to provide multiple photos and a host of text–based information about your home for sale. Internet exposure is about the best you can get without listing your home on the Multiple Listing Service.

 

A recent survey of potential homebuyers conducted by the Economic Research Group of the National Association of Realtors found that 23% of all potential homebuyers have searched for a home online. 58% of them found that online home searching to be very valuable. 42% have visited a home viewed on the Internet, 23% of them made an offer or purchased a home found on the web, and were most interested in the detailed information and multiple photos that the internet listings provide.

 

There is one big advantage that you have over the professional agent. You know your homes features and the neighborhood better than anyone else. You have a great product (your home) and the product knowledge to sell it. All that’s left is to tell the world about it.

 

Next to establishing the right price, marketing your home well is the surest way to attract qualified buyers. Of all the steps in the home selling process, marketing can be one of the most time intensive. Your goal is to attract as many potential buyers as possible to see your home in order to realize the highest and best price.

 

Some of the best marketing tools for selling a home are not complicated or expensive. In fact, the best lead generators are often very simple. When creating a marketing plan you will need to assemble the marketing materials which should include the following:

 For Sale Sign

Widely recognized as one of the best marketing tools when selling By-Owner; It should be big enough for the passersby to read easily, and it should always include a phone number.  EPropertiess yard sign is a unique providing the essential information for home seekers. Brochure.

Advertising

Running the right ads will generate leads, but you want to target your buyer with the right language in the right places.  

 

Internet advertising is an obvious choice for anyone with computer access because the web offers tremendous exposure. Running a newspaper classified routing buyers to your home website will give the local buyers exclusive detail of your property. By placing the following example newspaper ads it’s been EPropertiess experience that you’ll save money on your newspaper ad and provide information about your internet listing so local buyers have access to colorful photos, 360 virtual tours, printable brochures, open house and more detailed information about your property. This is an unmatched advertising campaign. Advertise in the large regional newspaper and any smaller local papers that carry real estate ads and have wide readership.

 

Sample #1  Beauty! 3br, 2bath, visit www.EPropertiess.com ID#314821, Tony (372) 821-4141

 

Sample #2 Motivated Seller 2br, 1.5 bath visit: www.EPropertiess.com ID#4151312, Jessica (714) 278-4171

Home Brochure

This is your property’s "custom brochure." The purpose of this brochure is to provide quick facts and help buyers remember your property, so it should be clear and brief. EPropertiess custom brochure provides all the pertinent facts (address, price, number of bedrooms and bathrooms), Highlight special features, provides your contact information and include pictures. Put brochures in a tube on your Custom designed EPropertiess yard sign for people to take, and always provide them to anyone who views your house.

 

Marketing your home well and achieving maximum exposure is the best way to attract potential buyers.  EPropertiess brochure is an automated custom brochure created by our website highlighting your property features. Our brochure also provides 8 memorable photos to your potential buyers anywhere. This brochure is yours with any of our plans for the length of your advertisement.

Networking

Network online and in your neighborhood. E-mail your Internet webpage home listing information to friends and family so that they can keep their eyes out for a buyer. Let people in your town and neighborhood know that your home is for sale.

Open House

There are many different opinions about the effectiveness of an open house. Many in the industry feel that it is rare for a buyer to actually purchase a home at an open house, but you may want to try. If you are home on the weekend anyway, it can’t hurt.

 

At Epropertiess we provide a free open house service to all our members with any plan purchase. But we suggest limiting your open house to pre-qualified people that are ready to purchase your home and open house by appointment is the new trend. This will eliminate the access of your home to curious or nosy people.

 

By having an open house scheduled by appointments and with pre-qualified buyers will give you the chance to show your home to pre-screened people and have control of your open house verses having several visitors at the same time and roaming all around your home unsupervised. Open house schedules are usually held in the afternoon on Saturdays or Sundays. Sundays are usually the best and from 2 to 5 are the best time to schedule.  Always put the house in prime showing condition. Turn on lights in darker rooms and be sure the house smells nice. Put away all small valuables.

 

Have a guest book and get the name, address, and phone # of everyone who came to your open house scheduled appointment. Use this information to confirm that the potential buyers are motivated and to make follow-up calls. Make notes; write down positive impressions and comments. Have house information brochures and financing sheets ready to provide your buyers on their way out. EPropertiess offers a free mortgage calculator (for information purposes only) that can provide general information based on the price you are selling you home. Mortgage calculator.

Don’t Discriminate

Treat every prospective buyer the same, regardless of race, color, religion, sex, handicap, family status, or national origin. Discrimination is against the law.

 

Although, our home marketing plan can make many aspects of advertising and selling your home much easier, selling by yourself requires an additional commitment of time and energy. Still over 900,000 homes are sold every year in the U.S. without the involvement of a real estate broker. About 20% of annual home sales are accomplished on a "For-Sale-By-Owner" basis.

 

With knowledge, common sense, patience and Epropertiess services, you to can sell your own home.

 

Please note that you should always consult with a real estate attorney with any legal questions you may have.

 

 

 

PRICING YOUR HOME


Setting the proper asking price for your home is the single biggest factor that will determine the success or failure of your home sale.

The consequences of making the wrong decision can be painful. If you price your home too low, you will literally give away thousands of dollars that could have been in your pocket.

Price it too high, and your home will sit unsold for months, developing the reputation of a problem property (Realtors and potential buyers may think that there is something wrong with it).

Failure to understand market conditions and properly pricing your home can cost you thousands of dollars and cause your home not to sell.

PRICING GUIDELINES

The value of your property is determined by what a ready willing and able buyer will pay for it in the open market, which will be based upon the value of other recent closed sales. You can research the most recent selling prices in your area by login on to your local county public records website and look up your neighborhood to get this information. Remember this is public records and accessible to anybody. Avoid over pricing of your home. Most of the time an overpriced property will eventually end up selling for less than if it had been properly priced to begin with, over priced homes will make other homes in the area look like a good deal and contribute to their fast sell.

 

If you are not completely prepared you could end up losing thousands of dollars in profit. The difference between a profitable, smooth transaction and a miserable experience is often a fine line. The majority of home selling nightmares are caused by the lack of knowledge.

BENEFITS OF PROPER PRICING

FASTER SALE:

The proper price gets a faster sale, which means you save on mortgage payments, insurance, and other carrying costs.

 

LESS INCONVENIENCE:

As you may know, it takes a lot of time and energy to prepare your home for showings, keep the property clean, make arrangements for children, and generally alter your lifestyle. Proper pricing shortens market time.

 

INCREASED SALESPERSON RESPONSE:

When salespeople are excited about a property and its price, they make special efforts to contact all their potential buyers and show the property whenever possible.

 

EXPOSURE TO MORE PROSPECTS:

Pricing at market value will open your home up to more people who can afford it.

 

BETTER RESPONSE FROM ADVERTISING:

Buyer inquiry calls are more readily converted into showing appointments when the price is not a deterrent.

 

HIGHER OFFERS:

When a property is priced right, buyers are much less likely to make a low offer, for fear of losing out on a great value.

 

MORE MONEY TO SELLERS:

When a property is priced right, the excitement of the market produces a higher sales price in less time. You NET more due to the higher sales price and lower carrying costs.

 

DRAWBACKS OF OVERPRICING

LOSS OF INTERESTED BUYERS:

The property will seem inferior in amenities to other properties in the same price range that are correctly priced in the area.

 

ATTRACTS THE WRONG PROSPECTS:

Serious buyers will feel that they should be getting more for their money.

 

ELIMINATES OFFERS:

Since a fair priced offer will be lower than asking price and may insult the seller, many buyers will just move on to another property.

 

CAUSES APPRAISAL PROBLEMS:

Appraisers must base their value on what comparable properties have sold for but varies if it’s a sellers market you are more likely to get more for your property. 

 

LOWER NET PROCEEDS:

Most of the time an overpriced property will eventually end up selling for less than if it had been properly priced to begin with, not to mention the extra carrying costs.

 

 

 

COMMON MISTAKES THAT CAN COST HOME SELLERS TOP DOLLARS


Selling your home can be a nerve racking, exhausting experience. Last minute calls, inconvenient showings, price adjustments, and the uncertainties of being stuck with a house that doesn’t sell for months on end can all take their toll.

If you are not completely prepared you could end up losing thousands of dollars in profit!

 This report is designed to make you aware of the common mistakes that cost sellers serious money.

1. IMPROPER PRICING

Set the price too high and it will sit unsold and develop the identity of a problem property, with the accompanying stigma of what real estate agents call a "stale listing." On the other hand, price it too low and you may give away thousands in profit to a total stranger. Either way you lose.

Setting the appropriate price involves the evaluation of numerous different factors...and it's critical!

2. NOT PROVIDING EASY ACCESS

Accessibility is a major key to a profitable sale. Set appointments to showing your home to pre-qualified buyers that are ready to buy and are able to place an offer.  

3. BAD HOUSEKEEPING

The prospective homebuyer's first impression is the most important. An unbelievable amount of home sales have been lost to unmowed lawns, cluttered rooms, bad stains, dirty kitchens and bathrooms, unpleasant odors, etc. Imagine you are the buyer and clean your home from top to bottom.

4. FAILURE TO MAKE REPAIRS

Often even minor improvements will yield as much as three to five times the repair cost at the time of sale. There are literally thousands of homes for sale, and buyers buy what they see. Seemingly small fix-up jobs can make the difference between a closed sale at top dollar and a home that languishes on the market for months on end.

5. POOR SHOWING TECHNIQUES

Your home should be neat and clean, but that's just the beginning. There are lots of little details that make a big difference. Knowing exactly what to say and do when buyers come through your home is crucial.

6. RELYING ONLY ON TRADITIONAL SALES METHODS

Sellers who are innovative and willing to offer new strategies of attracting homebuyers will always out perform those who rely on traditional methods. Today’s market demands around the clock advertising exposure, and response - generating marketing techniques.

7. MAKING SELLING DECISIONS BASED ON EMOTION

You must realize that selling your home is a business transaction. Don't let your emotions affect your judgment. Remember, purchasers are not buying your home, they are buying a house to make into their home.

8. FAILURE TO UNDERSTAND MARKET CONDITIONS

Just like the stock market, there are current market conditions for houses as determined by supply and demand. Many buyers shop dozens of homes comparing values, so it is very difficult to find a buyer willing to pay more than current market value. No single person, firm, or agent has any control over the market!

9. WASTING TIME WITH UNQUALIFIED PROSPECTS

Countless hours of valuable time can be wasted showing and negotiating with "buyers" who can't buy no matter how much they love your house. Buyers should be pre-approved for a loan before you begin dealing with them.

Being armed with the right knowledge can make all the difference in how your home sale turns out. Make the right decisions. A little time spent now can save many hours of frustration down the road!

Frequent Questions From Potential Buyers

 

How long has the house been on the market?

The assumption behind this question is that the longer the house has been on the market, the more ready you will be to deal on the price. Answer truthfully and, if you are in a hurry, indicate that you would settle quickly and would be interested to offers that accommodate the timeframe.

 

How did you arrive at your price?

This is a great question as long as you’ve done your homework on the comparable sales and properties currently on the market – and priced your home accordingly. Simply say you’ve priced according to the comparable sales in your neighborhood and offer to show those to the buyer. The way to get an idea how much your area has sold for just logon to your county public records website and inquire on your neighborhood. This is public information and accessible to the public and a great source of pricing information.

 

Why are you selling?

This is an attempt to get at how motivated you are to sell. The more motivated you appear to be, the more     the buyer thinks you will take a lower price. If you are very motivated to sell quickly, indicate that you would be very interested in reasonable offers, which accommodate your timeframe.

 

Will you take less?

A very blunt question, which deserves a blunt answer and your responds should be, you have priced the home according to comparable properties in the area, and that you will consider reasonable offers made in writing by qualified purchasers.

Why are you selling?

The reason for this question could be curiosity or the buyer could be looking to find out if you are willing to share the savings in commission. It is probably fair for the buyer to expect some savings, since they too, will have to do more work if an agent is not involved. Respond that you think you can sell the home yourself which should save both you and the buyer money. Be relaxed and have a positive attitude and don’t come on to strong or describe every detail in the house.

 

 

 

 

TEN WAYS TO FIX YOUR HOME FOR OPEN HOUSE

 

When selling your home there are no guarantees that a buyer will simply walk through the front door. In many cases you may have to bring your home to te buyer.                                        

Effective marketing will help ensure that your property receives maximum exposure to attract a ready, willing and able buyer. The appearance of your home, a buyer's first impressions, and other considerations can also affect the sale of your home. Be sure to explore tips for increasing your home's value.

Have you considered that home prices in your neighborhood and the value of your property is also factors used for pricing your home?

Increasing the Value of Your House When you're preparing your house for sale; remember the importance of first impressions.

The market isn't the only factor that influences whether you get your asking price. Appearance and overall condition play a major role.

Here are some easy things you can do to make your home more appealing to buyers. It is estimated that more than half the houses are sold before the buyers even get out of their cars. So stand across the street from your house and review its curb appeal.

  • Brighten rooms: Shades of white account for 50 percent of paint sales, and for good reason: It's refreshing, restful and all furnishings look good with that color.
  • Rearrange living room furniture: Begin by rearranging the sofa into the center of the room, and face it towards the fireplace or a picture window.
  • Reevaluate room use: A rarely used guest bedroom can be converted into a home office.
  • Use standing screens to mask problem areas: Tri-fold screens are one way to hide eyesores (like home office equipment).
  • Fill an empty corner: By placing a large potted tree in the corner.
  • Create intriguing centerpieces: If collectibles or framed family photos are spread throughout a room, group them together and minimize the photos by a few and match similar frame style.
  • Refurbish cabinets: Strip and refinish old, dark wood. Add new handles or knobs. Replace doors with glass fronts or consider removing them.
  • Get rid of heavy drapes: Replace with fabrics that blend with surrounding walls. Add tiebacks on each side.
  • Apply self-adhesive wallpaper borders: Use them to brighten up a child's room or a bathroom.
  • Cover a wall with mirror tiles: This is ideal for bathrooms, entries, and other small, dark rooms that lack impact.
  • Get rid of garage clutter: organize garage by throwaway unneeded items. If you have shelves organized them in order for full utilization of the space.

Ask your friends and neighbors to view your home through "buyer’s eyes" and give you their honest opinions.

 

In general: cleaner is better, brighter and more open is better, no odors is better, and neutral colors are best. Make your home as appealing and uncluttered as the home you would like to buy.

 

 

OUTSIDE:

Good "curb appeal" is imperative. If people don’t like your house from the outside, they won’t want to come inside.

  • Make sure your front lawn looks neat and tidy to make the first impression favorable. Cut the grass and trim the hedges and shrubs.
  • Plant some extra flowers for color – or just put some pots beside the front door.
  • Spruce up your landscaping with some fresh plantings. Even a few items can improve the look of things.
  • Remove all dead limbs and debris. Give the lawn a fresh raking and the sidewalk and driveway a good sweeping. Patch any holes.
  • Walk your fence line. Repair broken areas and paint or stain spots in poor condition.
  • Put away lawn equipment. Arrange outdoor items, such as firewood or outdoor furniture, neatly.
  • Take a close look at your front door. It’s a focal point and one of the first things your prospects will examine. If it’s faded or shows signs of needing repair, clean it, stain it, or paint it. While you’re at it, do the same with the back door and garage door.
  • Repainting the entire exterior of your home is a fairly expensive venture, and really unnecessary unless the walls have bad blistering or peeling. But you can do wonders by simply painting window sashes, trim, and shutters.
  • Replace faded house numbers with shiny new brass ones.
  • If needed, repaint or replace the mailbox.
  • Clean out debris in your rain gutters. Touch up with paint if necessary, and realign if crooked.
  • Check the roof for shingles or flashing that needs replacing.
  • Fix any broken windows or screens, and wash them for a bright, sparkling appearance.
  • Test the entry light and the doorbell. It’s the little things that matter.
  • Haul out any “junk” in your side or backyard.
  • Clean out the garage. The perfect garage contains only cars – do your best.

INSIDE:

 

After you’ve tackled the exterior of your home, head inside. The goal here is to make everything look more spacious, more organized, brighter, warm, and homey.

  • No matter what the season, do your spring cleaning. Clean houses sell a lot easier than dirty ones.
  • About the cheapest way to make rooms seem warmer and brighter is by buying higher intensity light bulbs, putting them in every lamp in the house, and then turning them on. Also always open drapes and angle blinds to brighten rooms. This gives the house a friendly glow. Buyers will react positively, and feel good about your home.
  • Brighten things with fresh paint. White, off-white, or beige walls make a room look bigger and lighter. And you can be fairly certain these colors will go with the new buyer’s furnishings. Painting the inside costs very little, gives a "new" smell, and makes a big difference in buyer perception.
  • Too much furniture can make a home "feel wrong." So move out all your excess furniture, especially worn or outdated furniture, to make rooms seem larger and uncluttered, and take down pictures that hide walls.
  • Clean out all your closets to make them look bigger. Store out-of-season clothes in the attic or basement, and get rid of excess items. Neatly arrange everything that’s left.
  • Have a huge garage sale with all your excess items. Not only will you be reducing clutter, but you can use the money you earn to finance your touch-ups. You’ll also be reducing your moving costs.
  • Clean all your windows and mirrors so they sparkle.
  • Arrange the furniture so each room appears as spacious as possible.
  • If the carpeting looks dirty, have it cleaned. If it looks worn, or is a loud color, consider replacing it. You will probably recover the cost, and your home will sell faster.
  • Launder draperies and curtains, if needed. Dust blinds and furniture.
  • Clear off the kitchen counters – that includes small appliances and dish- draining racks. Make the counters look as expansive as possible.
  • Clean out the inside of kitchen cabinets. Leave them looking clean and spacious.
  • Clean the oven and all appliances. Wash the grease splatters from around the stove. Don’t forget to polish the chrome on the sink. Clean out the refrigerator, use a clear wax and polish the floors.
  •  A grungy bathroom will kill sales. Make each bath look like a guest bath. Polish the tub, toilet, and bathroom sink. Clean all tile, grout, and caulk, replace cracked tiles, and regrout if necessary.
  • Put out fresh towels and a new bar of matching colored soap when the house is to be shown.
  • Clean the furnace/air conditioner return filters and vents. Then crank up whichever one is appropriate to make your home as comfortable as possible.
  • Get out your tool kit, and fix all those little things that you’ve lived with over the months or years.
  • Tighten loose doorknobs, drawers, cabinet handles, towel racks, switch plates, and outlet covers.
  • Tack down any loose molding, glue down any lifted wallpaper; replace any cracked switch plates.
  • Fix sticking doors and windows, squeaking doors, and wobbly stair banisters.
  • Fix leaky faucets and remove water stains.
  • If it’s time to spray or bomb for bugs, don’t wait until the last minute.


WHEN YOUR HOME IS SHOWN:

 

When it’s time for a Realtor to show your home, all your preparations will be worth it. But there are a few final tips that can add that little extra magic.

  • Before prospective buyers walk in the door, give your home the welcoming aroma of fresh-baked bread or cinnamon rolls. (A pot of cinnamon and water on the stove will give the same results.) Do not smoke in the house!
  • Clear out the kids, their toys, the cat, and the dog.
  • Turn off the television, stereo, and radio. Like kids and animals, they too can be distracting.
  • Turn on all your lights – open all the drapes and blinds – even during daylight.
  • Put out fresh flowers, your best towels, and a nice tablecloth.
  • Make yourself scarce. Many prospects feel like intruders when the owners are present. They tend to hurry away, or fail to ask the questions they’d like to ask. Your absence will put buyers at ease, and give them a chance to spend more time looking at your house, absorbing its advantages and visualizing themselves living there.
  • Be polite, but avoid conversations with prospects. Their agent needs their complete attention to increase their interest in your home.
  • Don’t apologize for the appearance or condition of your home. You’ll only call attention to things the buyers might have overlooked.
  • Don’t try to complicate the sale of the home by discussing drapes, furniture, appliances, etc. If the buyer wants any of these items, the agent can ask about them later.
  • Keep your home on the market. Let your home be shown even when you’re not there. If you don’t, you’re limiting the showings – and actually keeping your house off the market many hours a day.
  • Always keep your home ready to be shown.

 

 

 

HOLDING OPEN HOUSE 


 Drawback of Holding an Open House

You tend to lose some control if you have several visitors at the same time. It’s very hard to read interest levels when you are dealing with multiple guests. You don’t get a chance to screen people who walk through your door during an open house. You should have another person with you throughout the event, and remove your valuables from the house beforehand.

 

You may want to hold your open house by appointments to pre-qualified buyers that are ready to purchase your home. This eliminates countless hours of valuable time wasted showing and negotiating with “buyers” who can’t buy no matter how much they love your house. Buyers should be pre-approved for a loan before you begin dealing with them.

 

 

Basic Rules of Thumb

 

If you prefer to hold your open house in the traditional way basically, you put up a sign and/or run an advertisement and invite people into your home to look around. They are usually held in the afternoon on Saturday or Sunday. Sundays are usually the best, and 2 – 5 are the best times. Make sure your open house is not competing with a major televised sports event or major religious observances.

 

Advertise your open house in the weekend real estate section of your local paper or, if there are several homes for sale in your neighborhood, you could simply put up directional signs to your house and expect to pick up some traffic from other open houses in the area.

 

Put up an open house sign in your front yard and place open house directional signs in your neighborhood and on well-traveled roads just before the open house. Check with your homeowners association and city about possible sign ordinances.

Always put the house in prime showing condition. Put soft music on and play up the best features. Turn on lights in darker rooms and be sure the house smells nice. Offer cookies and punch and have fresh coffee so the aroma fills the house and creates a wonderful atmosphere. Put away all small valuables.

 

Have a sign-in sheet or guest book and get the name, address, and phone number of everyone who attends. Use this information to confirm that the potential buyers are motivated and to make follow-up calls. Make notes, write down positive impressions and comments.

 

Have house information brochures and financing sheets ready. Have a friend or neighbor take care of your kids and pets. For safety reasons, always have at least two people showing the house. Pick up some blank sales contracts in case someone wants to buy your home.

 

When buyers come through, let them look around without you. Introduce yourself at the door, shake hands and tell them you’re available to answer questions. Then, let them look.

 

Follow up after the open house with everyone who came through. Simply ask if there is any further information you can provide about the house and if they had an interest in the house.

 

 

MAKING THE MOVE EASY ON THE KIDS

  • Moving from one house to another can be especially troubling for the children.
  • But if parents deal with their children's concerns and needs thoughtfully and include them once the decision is made to move, much of that distress and discomfort can be avoided.
  • Children see moves differently than their parent's do, and they benefit much less from the change in their comfortable routines, or so it seems at the time.  Children will feel scared on the thought of new schools and new friends.
  • Most often, a change in houses or communities heralds an important step forward for the adult members of the family. The family moves because Daddy or Mommy has a great new job or a promotion in reward for years of hard work.
  • They move because financial success has allowed the purchase of a bigger and nicer house in a more costly neighborhood.
  • They move because they can finally afford private bedrooms for each child and perhaps a pool in the back yard.
  • In the 1990's, mobile and hard striving people typically live in a house for about four years and then move on as their careers or fortunes allow. That short time span is only a small percentage of the life-to-date for a 30 or 40 year old, but the same four years is half the life-time of an 8 year old, and it includes almost all the years he or she can remember.
  • To a parent, this house may be only the place they have lived recently. They think of it as a way station on the road of life. To kids, however, it may be the only home they have ever really known. This is their house, the place they feel safe and comfortable and thoroughly at home.