Special offer

Formula for Success – Multiple Offers & Sold in 5 days!

By
Real Estate Agent

Who would have thought that a modest home in an average neighborhood without A-rated schools would create a feeding frenzy?  But it did.  As soon as it went on the market, the showings started and every showing brought an offer!  The owners settled on one that brought smiles to their faces with terms that fitted their needs exactly.  It's great to know that this can happen even in a slow economy and depressed housing market.

The secret? A combination of hard work, knowledge of the local market, and giving buyers what they want - Value.  The sellers put in a lot of effort to get the house in great condition, including a new roof.  The kitchen and baths, although small, had been updated and were sparkling clean.

Early on, the sellers consulted with a professional stager whose ideas helped them focus on how to give the house universal appeal. They rented a storage unit and removed many pieces of furniture and items that they could live without for a few months. The house looked like a model home.

Outside, the owner painted the shutters and door in a color suggested by the stager and took pains to clean up the landscaping and add a new mailbox.  It took the sellers roughly 3 weeks to get everything in shape. 

The house was priced where the local market data showed comps were selling and voila - the offers started pouring in.  A home in great condition, with universal appeal, that's priced right will always produce the same results.

Comments(9)

Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Colleen, congratulations on your success!  Hard work and dedication does pay off.  Isn't it wonderful when sellers are willing to listen and hear? They sure sound like they were determined to sell and followed through to reach their goal. 

May 12, 2009 11:28 PM
Konnie Mac McCarthy
MacNificent Properties, LLC - Cobb Island, MD
Broker/Owner - VA & MD "Time To Get A Move On!"

i don't know what is going on...but homes are going fast and we are getting multiple offers as well

May 12, 2009 11:29 PM
Laura Gray
RE/MAX Realty Group - Gaithersburg, MD

Colleen - Maybe we are starting to see the tip of the iceberg when it comes to resales making a comeback. We can only hope so , anyway !

May 12, 2009 11:35 PM
Jim Valentine
RE/MAX Realty Affiliates - Gardnerville, NV

Colleen - Congratulations!  Back to basics ... never fails.  What you described is a good way to compete with the REO in as is conditon, or the short sale that has given up hope and has deferred maintenance.  Good job!

May 13, 2009 12:53 AM
Mary Fasnacht
Washington and Allegheny Counties and surrounding areas - McMurray, PA
Feels Like Home Interiors ~ Pittsburgh PA Home Staging

Congratulations, Colleen--that is great news!  You and your seller were so smart to price properly, to consult with a professional stager, and to take the time to properly prepare the house before listing.  Buyers are out there and your example clearly demonstrates that most are looking for a property where they can move right in and get on with their lives.  Thanks for sharing!

May 13, 2009 05:50 AM
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Colleen, Wonderful success...do you have any photos to share of this hot little home?

May 13, 2009 07:12 AM
SHARON CHARBONEAU
UPSTAGING YOUR HOMES - Sechelt, BC

Colleen,

Smart realtor and smart sellers.  Buyers don't want to move into the home the sellers are living in, they want to walk into a home that welcomes them.

These sellers recognized that, put their personal feelings aside and followed the stager's recommendations and got the results they wanted quickly.  The money they invested in their home paid off.

Good work and thanks for sharing

May 13, 2009 12:14 PM
Sheridan Corrie
Upstage, LLC - West Linn, OR

What a great example of how well this formula works. Genius!

May 14, 2009 03:49 AM
Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

Colleen, congratulations on your sale! Good for you for having smart sellers who worked with your market knowledge. That team effort paid off big time.

Sharon

May 26, 2009 12:11 PM