After a comment from Jayne Dodgson on my previous post King For a Day Series - Real Estate Agents I realized I left off an important group in the series.
If I were King For a Day what rules would I make for real estate clients to improve the process of buying and selling homes?
If I Were King, These are a Few Things I Would Require of All Sellers:
- Be honest at all times.
- Give full disclosure to your agent and the buyers on any material facts.
- Return phone calls and needed documents on a timely basis.
- Allow a lock box with very few exceptions.
- Make the home available as much as possible for showings.
- Keep the yard clean.
- Have the house clean for all showings, no dishes in the sink.
- If you have a dog, tie him up or take him for a walk when there is a showing.
- Do not try to negotiate with buyers or agents on your own, let your agent represent you.
- If you think your home is worth more than all others, you probably need reality training.
- All of those collectables are clutter to potential buyers. They are not staging materials, box them up.
- Buyers do not need to see 50 pictures of your grandchildren, box them up.
- Painting your interior with bright or dark colors like orange is not fen shui; neutralize it.
- Make your home available to home inspectors, termite inspectors, appraisers, surveyors and any other professions that need access to complete the sale.
If I Were King, These are a Few Things I Would Require of All Buyers:
- Be honest at all times.
- Be loyal to the agent who is working with you and work with only that agent. Severe all ties properly before working another agent.
- When viewing property, do not make disparaging remarks about the home or the people living there, especially when others can hear you.
- Show up for appointments on time or call ahead if you are going to be late.
- Do not make silly offers on properties just for sport. No the seller will not take $100,000 less than market value.
- Do not ask your agent or loan officer to do anything illegal or unethical.
- Do nothing illegal or unethical.
- The agent does not have a list of properties you can flip in a month for huge profits. If they knew of one they would have already bought it.
- Get a full mortgage pre-approval with documents from a reputable lender. Your real estate agent can point you to one if you do not have one. Do not do a pre-qual over the phone with Bob's Mortgage and Hair Cutting emporium in another state.
I am sure I missed a couple. Feel free to add your favorites to this list.
As a professional REALTOR® I go over items on this list with my clients before we enter into a business relationship. You are not doing your clients a favor by allowing items on this list to happen. They may cause them to lose time, money or worse.
Other King For a Day Posts:
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Randy L. Prothero, REALTOR®, ABR, AHWD, CRS, e-PRO, GRI, SFR
Century 21 Liberty Homes
Randy Prothero is well established as an expert in working with military / VA clients and first time home buyers. His home seller's (listing) campaign is one of the most aggressive marketing programs in the area.
Based out of Mililani, Hawaii. Randy services the island of Oahu (Honolulu County) and the Leeward Regional Chairman of the Honolulu Board of Realtors. To improve overall professionalism in his area Randy also offers classes for real estate agents.
www.HawaiiRandy.com * Oahu (Honolulu County) Property Search * Hawaii Military Relocations
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