breakfastMr. & Mrs. Home Seller, Are You Involved or Committed?

There's an old joke about a chicken and pig's contribution to breakfast, the chicken that provided the eggs was involved, the pig that provided the bacon was committed!

Well if you're trying to sell your home in the current market, are you going to be "involved" or "committed"?  There's a HUGE difference and your likelihood of success is directly attributable to which category you choose.

An "involved" Seller has their home on the market, but beyond that it's kind of a "bleh" experience.  Just testing the market.  If it sells, it sells....there's always tomorrow.  Getting MY price is THE most important thing.  My agent needs to be cheap, and as long as I'm in MLS I'm good with that.  If a showing is convenient to my schedule, I'll let it happen...but if they're serious, they'll come back when it suits me (WARNING:  NO THEY WON'T!!!!).  I'm not changing the way I live, because I LIVE here!!  I'm not putting away my collections, not putting away the beat up recliner the cat has clawed the arm off of, not painting, not repairing....I can live this way....so can the NEW owner.  And by the way, why haven't you SOLD my home yet?  Let's try another agent...yeah...that's the ticket. 

A "committed" Seller?  Well that's an ENTIRELY different ballgame.  I'll start preparing to be on the market MONTHS (or years) ago!  I'll update the home, fresh paint, replaced the carpet rather than giving an allowance.  I'll interview agents to get the best I can find at marketing, and commission is an afterthought.  For me, it's about results and value.  I'll price to be competitive on the market (I don't have to be the cheapest, but not the highest either!). I may get tired of getting out of the way for showings, but I'll do it.  Pack up the cat, the dog, and the 2.3 kids in the Custom Cruiser and head to the park for a bit.  I'll rearrange the furniture to create a more open feel, pack up my precious collections, create that environment that allows the buyers to see themselves in the home!  I'll communicate with my REALTOR® and adjust strategy as needed.  And after some time, I WILL get an offer and I WILL go to closing and I WILL move on with my life!

So which type of seller do you want to be?  Can you guess which category we LOVE to work with?  So if you're committed, and looking for a committed REALTOR® Team, please give The Liz Spear Team of RE/MAX Elite a call!  We'll be happy to meet with you, no hassle, no pressure!

Serving Warren County's residential real estate needs,
Liz and Bill aka BLiz

REALTORS(S) Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of RE/MAX Elite
Elizabeth & William Spear
Ask for us by name if you visit the office!
EHO Two locations: Lebanon & Mason, OH
Liz direct:  513-265-3004
Bill direct: 513-520-5305     
Fax: 866-302-8418
MailTo:  LizSpear@Go-Concepts.com
Our Website:  www.LizTour.com

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This post has been included in Ohio Real Estate News Warren County, OH Real Estate News
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Post is included in group: Advice for Sellers
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48 Comments on Mr. & Mrs. Home Seller, Are You Involved or Committed?

20 Most Recent Comments Displayed Show All

APR
05
2011
1,050,160 Points 284 Featured Posts Outside Blog Called Shot Master

Paul, Makes perfect sense!  We're the ones out money and time if someone is just testing the market.  Fine if we know it, they know it, and we're all on the same page.   But if we're just being taken for a ride, well not so good.
7:12pm • #29
474,000 Points 16 Featured Posts Outside Blog Called Shot Master
Liz & Bill, I think we stagers also prefer a committed client. They are more open to the necessary changes to get their home sold.
7:24pm • #30
1,050,160 Points 284 Featured Posts Outside Blog Called Shot Master

Janice, The ones that aren't committed usually have no interest in staging tips either.  Funny how that works! :)
7:58pm • #31
564,533 Points 10 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

BLiz ~ I prefer committed folks.  I know they are serious and are motivated.  Loved the analogy.
8:02pm • #32
1,050,160 Points 284 Featured Posts Outside Blog Called Shot Master

Dawn, Our lives and theirs are much easier when we're all committed to the task of selling the home.
8:08pm • #33
219,426 Points 27 Featured Posts Called Shot Master

Of course I loved this post - it's music to my ears.  A while back I shared that story about the pig and the chicken once - but yours is way better! 
10:54pm • #34
202,942 Points 3 Featured Posts Outside Blog Called Shot Master

Bliz - I wonder about a seller that I have, it is emotional. I am going to say "Involved".They don't live there anylonger but they priced higher than I.

I am about to take another listing that they are emotional, or involved, and I hope that I can make them commit early on to the process.

10:54pm • #35
596,136 Points 70 Featured Posts Outside Blog Called Shot Master

BLiz - Great explanation of the "involved" and "committed" seller.  I don't know what you're market is like but I'm curious, do you get to mostly work with equity sellers on your listings?  Do you have a lot of REO's in your market?  Do you list REO's?
11:16pm • #36
1,050,160 Points 284 Featured Posts Outside Blog Called Shot Master

Karen, I must have missed that one!

Ken, Good luck at moving them from involved to committed!  It can happen :)
11:17pm • #37
1,050,160 Points 284 Featured Posts Outside Blog Called Shot Master

Donne, Our market is a mix, maybe 10% foreclosure/short sale, but would have to pull a search to confirm that theory.  We don't personally advertise for short sales, don't chase the banks either.  That stuff is out there, but we'd say only about 1 out of 20 of our listings has to write a check to close.  The rest are in equity positions.  We never had much appreciation in values, so the fall hasn't been far for the most part.  There's plenty of short sale/foreclosure work for those that want it, but it's not the niche that appeals to us....and in time, that niche should shrink significantly.  We sometimes wonder what all the agents that are doing that and nothing but will do when that segment dries up.
11:22pm • #38
APR
06
2011
447,461 Points 57 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

I like this!!!!!!  I learned something pretty cool today...  And yes, I will steal, I mean borrow, I mean share with others in my classes!  :)
12:49am • #39
760,924 Points 69 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

So your question really is, are you a chicken or a pig.  Kind of scary to be the latter.
1:17am • #40
983,164 Points 80 Featured Posts Called Shot Master

Makes perfect sense to me that the "committed" seller is going to get the job done first.  Well done.
5:59am • #41
1,050,160 Points 284 Featured Posts Outside Blog Called Shot Master

Chris, All we ask is a 50% referral fee on any incremental chicken/pig business! :)  Just kidding, only 20%...do I hear 5%?? 

Jane, Bacon...tasty, tasty bacon :)

Roger, Barring the involved seller with just the right house in just the right neighborhood, then all bets are off!

 
6:06am • #42
1,028,848 Points 238 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

BLiz- I just spoke to a Realtor about a home I staged.  Unfortunately, the seller is "Involved" and will not leave the home when it is being shone.  She has now gone throw her third Realtor. Oh and she's had two offers after the Staging but turned them down. Very good post!!!!!
7:32am • #43
1,050,160 Points 284 Featured Posts Outside Blog Called Shot Master

Kathy, It's definitely a harder challenge for the buyer's agent to show a home when the seller isn't tucked away someplace.  If they're not obtrusive, not quite as big a deal, but still not as optimal as being totally gone.  If she's on her third agent, things obviously aren't going well.  And turning down offers we can understand if they're not good offers, but if they are good offers and she refuses to accept the true market value of her place?  Well, she'll be on to agent four soon.
9:06am • #44
321,423 Points 18 Featured Posts Attended Rain Camp Called Shot Master

Bliz, love it.  There is no simpler way to explain an involved seller and a committed seller.  I know we are always the ones to be blamed first no matter what we did, but sellers really need to have a wake up call and see what they need to do to sell their house also.  It is definitely more than just a pretty house to get sold.
12:59pm • #45
1,050,160 Points 284 Featured Posts Outside Blog Called Shot Master

Rita, It's a team "sport", and we need the cooperation of our sellers to get the job done.  Otherwise it's just depending on luck and buyers not caring.
1:03pm • #46
1 Featured Post Called Shot Master

Bliz~ Wow!  so well said I hit the suggest ;)
4:43pm • #47
1,050,160 Points 284 Featured Posts Outside Blog Called Shot Master

Kim, Thanks!  :)
5:00pm • #48

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Liz and Bill Spear RE/MAX Elite Warren County Ohio: Cincinnati to Dayton

Liz and Bill Spear

Mason, OH

More about me…

513.265.3004 www.LizTour.com

Address: 5720 Gateway Blvd, Suite 203, Mason, OH, 45040

Cell Phone: (513) 265-3004

Email Me

REALTORS(R) serving Warren County Ohio and surrounding areas. Observing and reporting on real estate and related topics to help your quality of life! And if you're asking where is Warren County Ohio? We fill the space between Cincinnati and Dayton. Perfect for enjoying the bigger cities without living in them. Places like Mason, Lebanon, Springboro, Waynesville, Franklin and more. Plus lots of rural properties available too. We work with both residential homes buyers and sellers.


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