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Sellers: Do You Have "Buyer's Eyes"?

By
Real Estate Agent with Cedar Rapids/Iowa City, IA KW Legacy Group S44645

Sellers:  Do You Have "Buyer's Eyes"?

 

When I meet with a homeowner for the first time, we talk about the importance of "buyer's eyes", this is especially important if the homeowner has lived in their home for 10+ years.  (The market has changed A LOT in that time frame.)  The court of public opinion begins with the photographs of your home.

 

What is "buyer's eyes" you may ask?  Buyer's eyes is looking at your home as a buyer would.  How would your home compare with the other homes in the neighborhood, in the school district, or in the city that you live in?  Is your home above all the rest in amenities, location, features, and projected price point?

 

Just as important is "buyer's nose".  I can tell from the moment I walk in if a pet is present.  Especially if it is a strong dog smell or I can smell the kitty litter.  The best surprises are when the house is so clean that I don't know a pet lives there at all.  You would be surprised by the number of potential buyers that will cross a home off the list if they see dog food bowls in the kitchen or a leash hanging in the mudroom or a pet bed of any kind.  Too many allergies, worries about pet dander or smell from pets that are not going potty where they should.

kitty in the litter box

 

A homeowner is immune to the pet smells and they are used to seeing their home as their prized possession.  The second that your home is photographed and put on the market, it becomes a product.  It is compared and sized up to the current properties on the market in the same price range.  The buyer may not add any value to the irrigation system, the sound system for the home theater room, or the updated kitchen that you had to have with top of the line appliances.

 

It is important to create distance and gain objectivity when selling your home.  Not everyone will love your choice of carpet color.  Not everyone will love the tile that you chose for the foyer.  There will even be buyers that will nitpick at those lovely trees that you have because trees mean leaves in the fall which equals work to a buyer.

 

Positioning your home on the market takes all of these things into consideration.  And little adjustments may need to be made in the first couple of weeks depending on the market and the inventory.  If a house across the street comes onto the market a week after yours and is priced lower and shows better, you have some thinking to do.  The buyers will likely still view both homes because of proximity, but the micro-market has changed and adjustment is inevitable.  

 

Don't let your home be the one that is used to sell the others.  Stay in the market, not above it.  I create a buyer search for my sellers so that they can see the new listings just as a buyer would.  It gives perspective and reality to the current market and how quickly it can change.

 

If you keep thinking like a buyer, you will be able to position your home in front of the best buyers.  Condition, showing availability and price are completely in the seller's control.  The photos of your home will get the buyers to come and look.  Let's show them the sparkle.

 

Keep smiling!

 

Karen

 

 

Posted by

 

Karen Feltman, REALTOR®, ABR, AHS, CHMS,                                                                      CNE,CRS, e-Pro, green, GRI, SRES, TRC

Keller Williams Legacy Group

4850 Armar Drive SE Ste B

Cedar Rapids, Iowa 52403

Email: karenfeltman@gmail.com

Mobile  319-521-0701

www.KarenFeltman.com

Licensed in the State of Iowa

© 2010-2021 by Karen Feltman, Cedar Rapids/Iowa City Relocation Specialist 

CA COASTAL ESTATES Lauren Selinsky Perez CRS
California Coastal Estates - Aliso Viejo, CA
"Your Real Estate Broker" #oclauren

Showing them the sparkle helps get them to make that appt to view.

Lauren Selinsky

Jul 15, 2016 07:38 AM
Karen Feltman

I tell my sellers that in order to command the highest price from the buyers, you need to be the house with the most sparkle!  Thank you for reading.

Jul 15, 2016 07:49 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Karen

Excellent points here. I think most sellers have a tough time looking at their home as a buyer might. And those emotions really can get in the way

Jeff

Jul 15, 2016 07:46 AM
Karen Feltman

We get attached to our homes and the memories that they hold when we walk through the door.  And the longer that you live in one place, the stronger that attachment becomes.  It can cloud our judgement and cause us to overlook the little things that buyers see.  Thank you for reading.

Jul 15, 2016 07:50 AM
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Karen, buyers' eyes, ears and nose are all things that sellers have to strap on.  And I'm amazed at how nose blind I am to the Labradoodle and kitty litter issues in my own house!  It's making me a better coach for my clients.

Jul 15, 2016 08:24 AM
Karen Feltman

I think that once in awhile, we need to have someone that doesn't live in our house just stop by and tell us if we need Febreze!  Thank you for reading.

Jul 15, 2016 10:31 AM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Buyer's eyes and buyer's nose.  So very important!   I have a listing where the Seller has inside dogs, you would never know it.  I don't know how she does it.

Jul 15, 2016 09:03 AM
Karen Feltman

You would not know that I have cats.  We vacuum almost daily and they are more like dogs where they go outside to do their business...even in the winter months.  It is important to be aware of pet smells.  Some dogs are better than others as far as smell.  Thank you for reading.

Jul 15, 2016 10:32 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Karen... that's a great way to put it "buyer's eyes." Most sellers have no idea how their home "looks" to an outsider. I've often taken sellers on home tours so they could look at other houses with "buyer's eyes" and understand why I'm recommending what I am for their homes.

Jul 15, 2016 11:28 PM
Karen Feltman

I used to call it your "buyer goggles".  Giggle.  Sometimes I still do.  :)  Thank you for reading.


And some sellers just need to get in the car and be the buyer.  See their competition upfront and personal.  That is the only way that they understand what a buyer is seeing in the same price point.  Thank you for reading.

Jul 16, 2016 02:53 AM
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Hi, Karen.  This post is on this morning's list - Last Week's Favorites on ActiveRain: July 10th-16th.  Hope you enjoy the rest of your weekend!

Jul 17, 2016 12:37 AM
Karen Feltman

Thank you for sending the extra traffic my way!  Have a great week.

Jul 18, 2016 01:41 AM
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Karen Feltman - time and again I have asked my seller - if you were buying your home now.... would you pay so much? (And answer is....obvious 'yes' because they want to sell at that price!)

So I have to pretend that I have buyer's eyes, nose etc etc....lol!

Jul 17, 2016 04:00 PM
Karen Feltman

The seller only knows their home.  They don't understand that a buyer doesn't see it the same way.  I get it.  As agents, sometimes we have an uphill battle.  Thank you for reading.

Jul 18, 2016 01:41 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Karen Feltman ,

I'm so glad I caught your post on Patricia Kennedy's post on her "Ah-ha" moments for the week. Great tips on seeing your home through "Buyer Eyes!"

Jul 17, 2016 08:55 PM
Karen Feltman

Thank you for stopping by!

Jul 18, 2016 01:42 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Realtors eyes focus on potential problems. Buyers and some agent eyed on the pantry, counter top, crown moulding....

 

Jul 18, 2016 12:43 AM
Karen Feltman

Agreed.  Thank you for reading.

Jul 18, 2016 01:42 AM
Ingrid Pierson
Wesely & Associates - Auburn, CA
Making Friends & Helping Friends with Real Estate

EXACTLY!  Recently our Seller turned into a very motivated buyer when his house sold (in 3 days) and became a 30 day escrow.  After 2 days of house hunting, he says "wow,  I didn't fully understand the impact of your advice, the importance of the cleaning, window washing and the staging... until now.  No wonder my home sold quickly.  The houses we have been looking at are ...ugh! "  It was great getting this validation from my client.  

He was great in moving items to storage, hiring the cleaners and working with me to make his house feel more spacious and offer excitement.  One little example was a 6x7 windowed room off the upstairs master suite.  All other bedrooms were on the main floor...  We put a tiny crib in there with some accents... Knowing that a future buyer with a baby in mind would not like the idea of the infant way-y-y-y-y-y downstairs.   Our buyer (through MLS) is a couple planning their first family... that little staging idea over came an objection before it happened...

Keep up the good work.

Jul 25, 2016 04:06 AM