Why Would You Raise The Price?

By
Real Estate Broker/Owner with Dagny's Real Estate


How To Raise The Price On a Listing and Get a Great Offer!

The home sellers were about to move out to relocate overseas.     They had had the cute house on the market for sale for only two weeks......    it was reassessment time.     We thought with the "adorable, cute colonial in a good area factor" we would have a viable offer by now.    We had received an offer right away, but it was pretty bad - nice price, just badly behaved.     We all know what that means ....   cute, adorable colonial

 

We were suggesting painting a fresh coat everywhere in the home, and refinishing of the floors, and perhaps some staging.   The sellers were hesitant.  

So, off they moved to another continent, leaving us with this house that no longer looked like the "adorable, cute colonial in a good area" but rather the slightly tired, used colonial.    Without the furniture and living things like toys and beds in the house - it really looked tired. 

painters have arrived!We contacted the sellers (only by email now) and asked if we could get some estimates for the cabinet to be fixed, painting and floors.   They said, after some hesitation,  "Sure."   Then, with their approval finally for some polish, we took the house off the market for week four (Monday through Friday).  First the floors were sanded down , stained, and varnished.   

George Farrington's great carpentry

The cabinet and shelves were basically reconstructed by the best carpenter, George Farrington.   Then the painters came in for two days and painted absolutely everything (ceilings included) and scrubbed everything behind them.  All curtains hung back up in all windows, and all closets and all nooks and crannies painted and shining!  

On Friday afternoon I realized that the lawns and driveway still had their "winter blahs" and needed a little sprucing themselves.   So, out with my backpack leaf blower and clean up time!    Twenty minutes later the place looked amazing inside and out. 

We put this sparkling listing BACK ON MARKET with a raised price.    Stagers come by next Friday.... 

This morning the house came back on the market - first showing at 8:15 and by ten we had an offer.   By 3 pm the sellers and buyers had an agreement.    

How do we sell homes at Dagny's Real Estate?   FAST and WELL!    Stagers may never get a chance at this one!

So, if you are struggling with whether an improvement is worth it or not, think again!  Not only are we getting back more than was invested, we are selling FASTER!   Think of all of the heating and taxes that will be saved.  

 

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Topic:
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Connecticut Fairfield County
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Tags:
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Rainmaker
1,044,165
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

well that is some great added value... it is helpful when the sellers actually listen to advice that works!

Mar 23, 2013 11:34 AM #1
Rainmaker
1,317,701
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

What a great outcome.  Often sellers don't realize the impact of moving out.  These were just a few things that definenately made a big difference.  Nothing like freshing up a home.

Mar 23, 2013 11:38 AM #2
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Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Dagny, When it doesn't sell...raise the price. Love what you did to get this house "back on the market" and then contracts the same day. Lucky sellers that they listened.

Mar 23, 2013 11:40 AM #3
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Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

Mark - They really did listen in the end, and certainly are glad they did!

Joan - The home is just shining from top to bottom!

Margaret - Right - we should all just raise the price when a house doesn't sell....  ??   It worked this time!

Mar 23, 2013 11:46 AM #4
Rainmaker
242,024
Christi Farrington
Dagny's Real Estate - Wilton, CT
~ Your representative in Fairfield County, CT

Yay, we did it!!  Awesome!! :)

Mar 23, 2013 01:48 PM #5
Rainmaker
2,312,395
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

What a difference your advice made to this transaction. Nice job!

Mar 23, 2013 08:21 PM #6
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dagny this clearly shows that you understand what it takes to sell a house and why Sellers should be coming to you to sell their house.

Mar 24, 2013 10:10 AM #7
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Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

Thanks Joe and George!   It was fun to watch the progress and then get an offer so quickly.  I think they are getting an incredible house!

Mar 24, 2013 10:22 AM #8
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Dagny Eason

Fairfield County CT, CDPE Homes For Sale and Condo
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