Look at the Market !!!! Seller and Realtor Advice

By
Real Estate Agent with AllMountainRealty.com

Often times we work with Sellers who are, very rightly so, house proud. Being house proud is important. But you must look at values. So for example if you need new kitchen counter tops and your home is in the 200k and under price range then you are not going to get your money out of replacing the old ones with granite. Use a great new ( less expensive) laminate instead.

The point is talk to you Realtor about your market and sprucing up. This is more true today than ever due to the new way we do appraisals.

If you are a Realtor approach your sellers as follows: "What you are doing is great. It is beautiful. I wish you were working on my house. But understand, if you are doing this for pride then go ahead. If you are doing it to increase the value of your home then look at less expensive alternatives."

Helping sellers in this tough market save money on upgrades and repairs is a valuable service we as Realtors provide. So do not over look this when taking to people about listing. The folks at All Mountain Realty address this issue in all our listing presentations

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Charlie Ragonesi All Mountain Realty Big Canoe and Mountain Blog

On line at www.allmountainrealty.com Call at 706 579 1098

We sell Homes                                                    

 

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Rainer
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Katie McBride
RE/MAX Executive Realty - Hopkinton, MA
The McBride Team

I just love it when a seller wants my opinion of what to invest in to get their home ready to sell.

Feb 16, 2010 11:48 PM #1
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Jeanean Gendron
The Address Realty - Redding, CA
Specializing in Selling Unique Properties

Charlile, really good advice. I tell Sellers who are getting ready to sell and market their home that we will not get the ROI on any major improvement. A little paint and getting things sparkling is our best thing to do. You are also so right about just living in our homes and maintaining them. The landscape has changed. The builders and developers are using less expensive materials and the footprint becomes smaller and smaller. Great post!

Feb 16, 2010 11:49 PM #2
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313,671
Glenn Roberts
Retired - Seattle, WA

I leave this type of message with buyers on move it. Don't over build/remodel for your location. Some homes will never be the best home in the neighborhood and the owner shouldn't add amenities that will price their home above that level.

Feb 16, 2010 11:54 PM #3
Rainer
91,859
Terri Onigkeit
Keller Williams of Northern Colorado - Fort Collins, CO
GRI

sonetimes taking them out and showing them what is on the market that they are competing with helps them get a good idea.

Feb 17, 2010 12:29 AM #4
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Toula Rosebrock
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,

ToulaRosebrock,com

Hi Charlie:

You are right on target!

Great advise for sellers...

Feb 17, 2010 12:34 AM #5
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Harry F. D'Elia
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

There are times when I take the seller to see their competition. Wow, their eyes pop out.

Feb 17, 2010 12:46 AM #6
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311,830
Michael Delaware
North Sky Realty LLC - Battle Creek, MI
REALTOR®, CRS, GRI

Good advice!  Too many sellers buy into some of the things they hear from product salesmen and do not realize they will not always get the ROI they are expecting with expensive improvements.

Feb 17, 2010 01:25 AM #7
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317,100
Liz Loadholt
Liz Loadholt- AgentOwned Realty- Covering SC - Mount Pleasant, SC
Realtor--Broker-in-charge - Trainer--Relocation Director Covering SC

Charlie ---- you are so right -- if only sellers would listen to their Realtor on issues such as these.
                                                                                                                   

Feb 17, 2010 08:44 AM #8
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Charlie Ragonesi

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