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13 Things Your Realtor Probably Didn't Tell You

By
Real Estate Agent with Falcon Property Company

 

What BUYERS Need to Know When Looking for a Home

  • Seeing more than 5 houses in a day will make them all a blur. Often people will want to "speed date" looking at homes. After 5, maybe 6 houses in a day, they all tend to run together and you won't remember the details of each.
  • Looking at houses is exhausting. It doesn't seem like physical labor, but it can be very tiring.
  • What you think you want is probably going to change. You will usually find floor plans and areas and amenities that are more appealing than you originally thought you might consider.
  • You're going to get 80% of what you insist you need. If you get more than that, you're lucky.
  • It will cost more than you originally thought. Plan accordingly.
  • Your credit score drives your interest rate. Get Pre-Approved.
  • In a hot market, you have to make an offer the day you find the house. If you're not prepared to do that, you shouldn't be looking yet.
  • If you have to talk yourself into a home, it's not the one for you.

What SELLERS Need to Know When Selling a House

  • Having your house on the market is an emotional experience. It's no cake walk to have your home neat every day and allow strangers into it.
  • The first offer is often the best. Statistics say that 90% of first offers are the best offers. They are the most motivated. If you don't like the offer, don't discount it - negotiate.
  • It's not about the marketing; many realtors market similarly. It's what happens after an offer is made that will set your Realtor apart.
  • It will take longer than you think to be ready to move. Start packing and giving away now.
  • Do not take low ball offers personally. Unrealistic buyers may want to low ball in addition to asking you to put your home in mint condition. Some might keep demanding concessions. It's not you, it's them.

Originally posted as 13 Things Your Realtor Probably Didn't Tell You

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

I would say that is quit the list and fun to read as we all go through that buyer that waits and waits and then it's gone.

(so, how did you get voted as Colorados Best Realtor? Do tell)

Following you ;)

Lauren Selinsky

Feb 16, 2017 03:06 AM
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

Way to go old school-Ideas we have told Buyers for years! Good reminder!!!

Feb 16, 2017 03:21 AM
Mimi Foster

good morning, Dennis. Sometimes we forget to mention the things that are obvious to us ;)

Feb 16, 2017 07:38 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Yes, these are things buyers and sellers should be aware of! 

Feb 16, 2017 03:30 AM
Mimi Foster

Good morning, Kat. Hope you're well.


 

Feb 16, 2017 07:38 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I love the post . I will bookmark it and share it with others.

Feb 16, 2017 03:42 AM
Mimi Foster

Thanks very much, Gita.

Feb 16, 2017 07:39 AM
James Dray
Fathom Realty - Bentonville, AR

Good morning Mimi.  Right on target right on delivery.  Good information and so true

Feb 16, 2017 03:53 AM
Mimi Foster

Good morning, James. Thank you very much.

Feb 16, 2017 07:39 AM
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Thanks for sharing this most informative blog post with us today

Feb 16, 2017 04:18 AM
Mimi Foster

thanks very much, Harry.

Feb 16, 2017 07:39 AM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

I think this definetly deserves a bookmark !  Great tips for Both sides of the transation !

Feb 16, 2017 04:36 AM
Mimi Foster

Thank you! Appreciate it.

Feb 16, 2017 07:41 AM
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

SPOT ON!!!!  Bookmarked & liked.  :)

Feb 16, 2017 04:52 AM
Mimi Foster

thank you, Brenda

Feb 16, 2017 07:42 AM
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

If I was working out of a cubicle I'd have the BUYER points on one side and SELLER's on the other. Can't make it any simpler than that Mimi!

Feb 16, 2017 05:04 AM
Mimi Foster

And wouldn't life be a little more miserable if we were working in a cubicle, Kevin? Hope you're doing well ;) 

Feb 16, 2017 07:42 AM
Mimi Foster
Falcon Property Company - Colorado Springs, CO
Voted Colorado Springs Best Realtor

Thank you so much, Lauren Selinsky CRS, for the comment and the follow.

One day I got a call from a local newspaper that I'd been Voted Colorado Springs Best Realtor. I didn't even know they had been running the 'contest,' and I was very excited about it. 

That happened five years in a row  so I use it in my marketing. LOL

If I knew how to make it happen, I'd do it again. Now it's become pretty commercialized, but it was fun - and definitely an honor. Thanks for asking!

Feb 16, 2017 07:37 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

It can be exhausting but adventurous as well and I find it better to approach it like an adventure. :)

Mar 23, 2017 09:06 AM
Mimi Foster

It gets boring if it's not an adventure. Thanks for your comments, Laura Cerrano!  

Mar 23, 2017 09:11 AM