11 Tips Sellers Need When The For Sale Sign Goes Up
1. Never turn down a showing
Remember the Murphy’s Law of real estate: Whenever it is inconvenient, the appointment center will call. Try your best to accommodate all showings.
Every showing could be “the one.” Some buyers cannot, or will not, reschedule. The more buyers who see your house — particularly, right after it hits the market — the quicker it will sell.
2. Leave the lights on
Buyers decide within 30 seconds if they like a house. Opening the door to a welcoming and cheery bright room impacts a buyer’s emotions.
On the flip side, a room with low light and shadows is a little gloomy. It makes you hesitate to enter. Many buyers ask for houses that are bright with sunlight.
If a house is not particularly “light filled,” $20 IKEA-type floor lamps can work wonders. Even if you are at work all day, it pays to leave plenty of lights on. The cost is low, and the effect is major.
3. Crank that air conditioning
If you’ve got it, flaunt it. On a hot day, that air conditioning might be just the feature that gets the buyers to make an offer.
11 Tips Sellers Need When The For Sale Sign Goes Up
4. Humor the nosy neighbors, and invite them in
Neighbors are naturally curious to know all about your sale. Count on them to show up at the open house. Chances are good that someone in the neighborhood knows someone who might be the perfect buyer for your house.
Facebook, Nextdoor posts and the neighborhood grapevine all help get the word out that your house is for sale.
5. Stay ‘show worthy’
The cleaning and decluttering never stops. Cooking smells, pet odors, wet towels in the bathroom — all signs of normal life need to go.
Keep empty laundry baskets ready for quick room sweeps before showings. Pick up toys, mail, toasters, cereal boxes — anything taking up space on horizontal surfaces. Hide the laundry baskets under the bed, in the garage or in your car.
6. Fido can cost you $10,000
That is no exaggeration. Sellers cancel showings every day because they can’t get home to walk the dog.
Putting off showings means days on market (DOM) quickly accumulate. If a house does not sell in 30 days, buyers take that as a signal to offer less than asking.
The price of doggy daycare pales next to a $5,000 or $10,000 price drop.
7. Tone down the kids’ rooms
It pays to minimize the Star Wars and princess decor — no matter how well-done. Orchid colored walls, music star posters and stuffed animal collections broadcast that you are selling a “used” house.
Even an adorable baby room that is too “precious” can hurt a sale. Keep decor and furnishings as minimal and neutral as possible.
Let the kids dream of decorating their new rooms in the new house in return for letting you box up and store their decor.
11 Tips Sellers Need When The For Sale Sign Goes Up
8. Keep your stuff safe
Don’t create temptation by leaving cameras on the coffee table, diamond earrings on the dresser or prescriptions in the bathroom.
Buyers will read the paperwork that you leave out. They will open your medicine cabinets and closets. Guns should be unloaded and locked up. Hiding a gun in the back of the closet is not secure.
9. Don’t get sued
Get rid of tripping hazards, like small rugs. Make sure flooring is not loose or uneven –particularly on stairs, porches and decks.
Mark “half steps” that are hard to see with tape or some shiny indicator. Pick up stray toys.
Use mats, and put towels down when it rains. Shovel ice and snow. Sounds obvious? Many sellers don’t bother.
10. Make yourself scarce
Innocent questions from buyers can cost you. If they ask “Who cleans your chimney?” — you’ll have to admit that you haven’t had it cleaned for 10 years.
If they ask about the neighbors, what do you tell them about the crabby woman next door who complains about your kids?
Chatting with buyers is more likely to hurt the sale price than help you sell.
11. Don’t let buyers make you nuts
Buyers can be inconsiderate. They come late for appointments, or they don’t show up at all. They make offhand comments about the home that can hurt the homeowners’ feelings.
In summary…selling your home is a business transaction. Work with REALTORS® that have the experience and know how to make it happen quickly and for the greatest return on your biggest investment.
Call Us Now To Sell Your Home…
Office: 909.985.9392 or Text Us: 714.657.6634
California Investors, Need to Short Sale? New Law CCP 580E Is For You
CALIFORNIA CODE OF CIVIL PROCEDURE This law Took affect January 01, 2011...If you are an investor in need of a short sale, however you're concerned about potential recourse.this law was written for you. 580e. (a) No judgment shall be rendered for any deficiency under...
HAFA Horrors! Traditional Short Sales Offer Homeowners "Like" Incentives..No Approvals Necessary!
Not to say HAFA is a complete failure...there are a select group of homeowners that have made it through the "hoops" of the treasury guidelines and have been able to wait out the long approval process to finally be approved. From first hand experience with our own...
Hot Off Press: HAMP Cuts Loan Mod Projections by 1/2…Time For Short Sale?
More news on Failed Loan mods... The 3.3 million borrowers estimated to be eligible for a Home Affordable Modification Program workout in December 2009 was reduced to 1.4 million by the end of 2010, according to the latest Treasury Departmentestimates. And not all...
H.R. 430 Bill to End Failed HAMP Program
Today, Republican Congressman...Representatives Jim Jordan (R-OH), Darrell Issa (R-CA), and Patrick T. McHenry (R-NC), announced the introduction of H.R. 430, a bill to repeal the Home Affordable Modification Program (HAMP). Why? because it's a colossal flop!...
Bankruptcy Judge Upholds Foreclosure Mediation
Well..we're seeing changes happening in the BK courts... Rhode Island BK Judge Arthur N. Votolato, upheld his program that he initiated back in November 2009. This program he labeled the "loss mitigation program" was intended to require lenders to work with homeowners...
It's January 2011…Foreclosure Sales Have Kicked Into High Gear, Time To Think Short Sale?
Bank of America, JP Morgan Chase, Wells Fargo, Citi Bank have moved past the "robo signing" scare and are sending out trustee sale dates at warp speed to their customers. So, those homeowners who have been able to escape payments for months, maybe years...are now...
CNBC Confirms…Another 5 years+ of Short Sales and Foreclosures…
We are always interested when a major media company supports us and what we have been talking about for the last 3 years...Yes...we're in this short sale business for the next 5 years and longer! It’s taken three years to process $1 trillion in foreclosed homes. At...
Wells Fargo Requires Buyers to Increase Down Payment to 30% to Meet "Dodd-Frank" Demands"
If the housing market wasn't already suffering enough...News released today...Wells Fargo is passing the "pain" on to it's new mortgage loan clients making it more difficult to get a home loan...or at least costing the buyer more up front. 2010 saw the new...
VA Demands Mortgage Servicer's Pay Relocation Fees To HAFA Participants
Monday, January 17th, 2011, 3:14 pm The Department of Veterans Affairs directed its mortgage servicers to provide $1,500 in relocation assistance to borrowers leaving their home after a short sale or a deed-in-lieu of foreclosure. The requirement took affect Jan. 6....
California Civil Code Procedure 580; New Law Protects Investors Doing Short Sales
January 1, 2011 rings in a new round of laws that protect the "Investor" seeking to short sale those real properties that are losing you money. To learn more about his law...visit our earlier post at https://shortsalesellit.com/?p=1802
Breaking News…Wells Fargo and Wachovia…POLICY ON THE POSTPONEMENT OF FORECLOSURE SALE DATES
Breaking News from Wells Fargo and Wachovia This information comes to us from a VP at Wells Fargo/Wachovia... Over the last few months, there has been several questions regarding the postponement of Foreclosure Sale Dates with Wells Fargo and Wachovia properties. To...
California Foreclosure Activity in November 2010
CA - Filings By Loan Origination Date CA - Filings per Loan Balance CA - By Est. Market Value
Panel finds Treasury spent $4.3 million in HAFA short sales
Hot off the press.... Tuesday, December 14th, 2010, 10:30 am The Treasury Department spent $4.3 million on incentives to servicers and investors through the Home Affordable Foreclosure Alternatives program through November, a fraction of what it spent on HAMP,...
Mortgage Rates Rise…Refinance Applications Fall
As the yield on the 10-year Treasury hits a six month high, you can almost hear all the doors slamming over in refi land. While you'd think most borrowers had already refinanced their loans to take advantage of the recent record-low interest rates, many have actually...
Freddie Mac Say's "NO" to Scrooge and Christmas Foreclosures
Government mortgage financier Freddie Mac announced today that it will again suspend evictions this holiday season. From December 20 to January 3, all evictions involving foreclosed, occupied single family and 2-4 unit properties that have associated Freddie...
Foreclosure at All Time High…7.4% Higher Than Historical Average
Foreclosure inventories rose to all-time highs last month, according to the October Mortgage Monitor report released by Lender Processing Services. As of the end of October, foreclosure inventories were 7.4 times higher than the historical average and rising. This is...
Second Lien Holders Causing Problems at Close…WSJ Thanks For Finally Recognizing!
This has been a serious issue since the Short Sale boom hit in 2007. It's great to see that we...the Real Estate Agents in "the trenches" are getting some exposure on this very difficult situation that only hurts the seller and the buyer of these distressed homes....
The Rich Are Renting!
Fascinating article today on CNBC about how the rich and super rich are choosing to rent as opposed to purchase...why? It seems that many of the rich have seen so many others get burned int he current real estate market. These trends are not as surprising as the...