| We offer our sellers the following services:
LOCAL NEWSPAPER ADVERTISING,
ADS IN LOCAL REAL ESTATE BOOKS,
NETWORKING,
ADS IN REGIONAL PAPERS
EXCELLENT FOLLOW UP ON ALL SHOWINGS
RELOCATION SERVICES
INTERNET EXPOSURE
What We Offer You - Our Sellers
We are professional. We enjoy our business We are
dedicated to our business. We take pride and satisfaction in our business.
AS REAL ESTATE PROFESSIONALS:
WE KNOW OUR BUSINESS. We know the actual
selling prices of comparable homes (your competition). We can advise you on
enhancing certain features of your home to make it more attractive to
prospective buyers.
WE KNOW WHERE TO LOOK FOR PROSPECTIVE BUYERS.
Through the Long & Foster's contracted referral network, contact with our
colleagues and a great personalized marketing plan, we are able to generate
qualified prospects for your home.
WE KNOW HOW TO NEGOTIATE. An experienced
third party, familiar will all aspects of real estate, is best qualified to help
negotiate a contract and represent the seller's interests to the prospective
purchaser.
WE KNOW HOW TO EXPEDITE. With our
background, training, and experience in finance we can speed up arrangements for
financing your home to see the transaction through to the closing in a minimum
of time.
WE WORK FULL TIME. When you employ us
along with Long & Foster to sell your home we are on the job twenty-four hours a
day, seven days a week. When you employ us you can be secure in the
knowledge that we are taking care of business of marketing your property.
WE GUARANTEE OUR WORK. When your home is
sold and closed for the price, terms, and
conditions agreed upon by you, then and only then, do
we get paid.
Eight Big Time Mistakes
That cost you money when selling your
home.
#1 Basing asking price on needs
or emotion rather than market value. Many times sellers base their pricing
on how
much they paid for or invested in their home. This can
be an expensive mistake. If your home is not priced competitively, buyers will
reject it in favour of other larger hom es for the same price. At the same
time, the buyers who should be looking at your house will not see it because it
is priced over their heads. The result is increased market time, and even when
the price is eventually lowered, the buyers are wary because "nobody wants to
buy a house that nobody else wants". The result is low offers and an
unwillingness to negotiate. Every seller wants to realize as much money as
possible from the sale, but a listing priced too high often eventually sells for
less than market value.
#2 Failing to "Showcase" the
home. A property that is not clean or
well maintained is a red flag for the buyer. It is an indication that there may
be hidden defects that will result in increased cost of ownership. Sellers who
fail to make necessary repairs, who don't spruce up the house inside and out,
and fail to keep it clean and neat chase away buyers as fast as REALTORS can
bring them. Buyers are poor judges of the cost of repairs and often build in a
large margin for error when offering on such a property. Sellers are always
better off doing the work themselves ahead of time.
#3 Over-improving the home
prior to selling. Sellers often unwittingly
spend thousands of dollars doing the wrong upgrades to their home prior to
attempting to sell in the mistaken belief that they will recoup this cost. If
you are upgrading your home for your personal enjoyment - fine. But if you are
thinking of selling, you should be aware that only certain upgrades are cost
effective. Always consult with your REALTOR before
committing to upgrading your home.
#4 Choosing the wrong Realtor.
Often this happens because of choosing for the wrong reasons. Many homeowners
list with the agent who tells them the highest price. You need to choose an
experienced agent with the best marketing to sell your home. In the real estate
business, an agent with many successfully closed transactions usually costs the
same as someone who is inexperienced. That experience could mean a higher price
at the negotiating table, selling in less time, and with a minimum amount of
hassles.
#5 Using the "Hard Sell" during
showings. Buying a home is an emotional
decision. Buyers like to "try on" a house and see if it is comfortable for them.
It is difficult for them to do if you follow them around pointing out every
improvement that you made. Good Realtors let the buyers discover the home on
their own, pointing out only features they are sure are important to them. Many
sales are lost by overselling. If buyers think they are paying for features that
are not particularly important to them personally, they will reject the home in
favour of a less expensive home without the features.
#6 Failing to take the first
offer seriously. Often sellers believe
that the first offer received will be one of many to come. There is a tendency
to not take it seriously, and to hold out for a higher price. This is especially
true if the offer comes in soon after the home is placed on the market.
Experienced Realtors know that more often than not the first buyer ends up being
the best buyer, and many, many sellers have had to accept far less money than
the initial offer later in the selling process. The home is most saleable early
in the marketing period, and the amount buyers are willing to pay diminishes
with the length of time a property has been on the market. Many sellers would
give anything to find that prospective buyer who made the first, and
ONLY, offer.
#7 Not knowing your rights and
obligations. The contract you sign to
sell your property is a complex and legally binding document. An improperly
written contract can allow the purchaser to void the sale, or cost you thousands
of unnecessary dollars. Have an experienced REALTOR who knows the "ins and outs"
fully explain the contract you are about to sign to you, or have your lawyer
review it before acceptance.
#8 Failure to
effectively market the property. Good marketing opens the door that
exposes the property to the marketplace. It means distinguishing your home from
hundreds of others on the market. It also means selling the benefits, as well as
the features. The two most obvious marketing tools (open houses and print
advertising) are only moderately effective. Just 1% of homes are sold at open
houses, and advertising show that only 3% of people purchased their home because
they called on a print ad! Agents use these tools to attract future prospects,
not to sell the house. The right REALTOR will employ a wide variety of marketing
activities, emphasizing the ones believed to work best for your home.
Being aware of these Big Time mistakes will help ensure
you receive top dollar for your home
when the time comes to sell your home!
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