Selling a home is a huge project that involves a lot of time and effort from both the seller and their agent. When sellers keep in mind a few simple rules, the process will go much more smoothly with a higher chance of success.
10) Keep the house clear for showings - Kids, pets, in-laws, tenants, and anyone else should be out of the house for all showings, broker tours, and open houses. Buyers don't like an audience while they tour your home.
9) Make it basically clean - It doesn't need to pass a "White Glove" test but nobody wants to see bread crumbs in the kitchen or shavings in the sink. A quick pass helps keep it "show worthy".
8) Don't let your personal taste hinder the sale - Selling a home requires making it appeal to as many people as possible. This often means stripping it down to the basics, staging, and putting your collection of NASCAR collector plates away.
7) Give buyers access - If your showing hours are 10AM to 2PM Monday through Friday with 24 hour advance notice and the buyer can't look in half the house because kids are sleeping and the dog is locked up, it will not sell. Make sure it's available to show during normal business hours, 7 days a week.
6) If it's ugly, be honest - Some homes are just plain...not right. A weird floor plan, odd colors, really worn out, etc will push away most buyers. A lower price is the only way to overcome this (besides fixing those issues). Don't expect maximum price for minimum quality.
5) Pricing drives showings and offers - No amount of marketing can overcome an overpriced home. If you haven't had showings or offers, especially for more than a week or two, then your price is too high. Reduce the price and you'll get some action.
4) You need more than just a couple of photos - An exterior photo of the front lawn and a couple of pictures of the kitchen and a bedroom will not get the job done. Buyers respond to pictures - lots of 'em. A virtual tour is even better. A video tour is a huge plus.
3) Your location matters (more than you think) - Your beautiful home located on the corner where all the traffic goes by is not worth the same as the house three doors down where almost no traffic goes by. Buyers will discount that when making offers. Don't take it personally, buyers do that with every house in a "less than ideal" location.
2) Disclose...everything - from the crazy neighbor who has loud parties every night to the "do it yourself" remodeling job you did 5 years ago, disclose anything and everything that could impact a buyer's decision. If you don't, and the buyer finds out, it most likely will hurt the price or kill the sale.
1) Be reasonable and realistic - I've seen deals fall apart for all kinds of silly reasons because the seller digs their heals in during negotiations. Don't let a little "nit" get in the way of moving ahead with your plans. Remember the phrase... "Don't sweat the small stuff and everything is small stuff."
13 Comments on 10 Common Sense Real Estate Rules for Selling A Home
Great blog, well said and good advice.
I tell my sellers to clean every night prior to going to bed. Then in the morning pick up your mess. Doing this makes the home show ready without any last second rush.
All great points for any home seller - home needs to be ready to show and ready to sell at a moments notice. Regards Dave
Sound advice my friend. Count this one as SUGGESTED and have great day in all you do!
Sound advice. I reblogged it. Just added to pack up your emotions, take feedback for what it is and change what you can.
Bryan,
Another set of excellent advice for home sellers by you. You forgot to mention that they need to list their home with you if they live in your area.
Bryan, great post, thank you for putting it together. "Don't sweat the small stuff" is such important advice, sadly, it's often little details that rub Sellers the wrong way (like if a Buyer wants a home warranty and they think it's silly to take one out).
Great list Bryan and unfortunately most all revolve around price; something sellers are ALWAYS hard to negotiate on. They have to be reasonable though just as if they were buying a house! Have a super weekend!
Bryan - Great tips and suggestions for any seller that is looking for that SOLD sign on their property. Great post!
Bryan, just arrived from John McCormack's reblog. Great information to get in front of sellers. You're just preaching to the choir here.
Bryan, Outstanding common sense, good seller tips. I wonder how many clicks it takes to get this SUGGESTED?
Bryan,
Excellent list for sellers! Selling rules 101
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This is great advice, Bryan, and advice I'm afraid I would have missed had it not been for Gabe Sanders' re-blog!
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