The Who, What, When, Where, Why and How of Selling Your Home

By
Real Estate Agent with Jeff Fritzson Real Estate, Ebby Halliday Realtors 0629874
https://activerain.com/droplet/47D2

Why
Selling your home whether you live in Frisco Texas or Seattle Washington, is a big decision. The first question is why: Why do you want to sell your home? There could be number of reasons both good and bad: relocation, laid off, retiring, divorce, won the lottery, ill parents, etc.. It is important you understand what is driving this decision. Sometimes it may be better to stay where you are currently residing.

Where
The first question I am asking people who want me to list their homes is: Where do you plan on living once you sell your home? In our current local market of Collin County, homes are going much faster than before. In certain areas homes are selling almost before they are on the market. Of course there are still areas and homes that can take 60 – 90 days or more. However, it is important to know where you are going so that when that right buyer comes along, you are ready to move.

What
Most homes that are being lived in today are not ready to sell tomorrow. Another thing to be asking yourself is: What has to be done to prepare your home for sale? Allow yourself some time and budget to invest in your home to make is ready for sale. Now some people may not have any money to invest, there are still things you can do or can get help doing from family, friends or a volunteer that can make a big difference in the speed in which you receive an offer and the amount of that offer.

How
Many people have heard of the unattainable triangle: quality, speed, cost triangle – pick any two. This leads to the fourth question: How fast do you need to sell your home? The speed in which you sell your home can be adjusted. The further below market value you price your home the faster your home will sell. However, that really does not help your profit margin. It is important to find the right balance. If you have all the time in the world to sell your home, then holding out for a higher price might work for you. Depending on your need, you have to find the right balance of these three items. This answer can be easily impacted by your very first answer: Why do you want to sell?

When
If you know how fast you need to sell your home, then the next question to answer is: When will you be prepared to show your home? This is directly tied to your speed answer regarding how fast you need to sell your home. If you need to sell your home ASAP then it becomes critical to work through all the steps to getting your home prepared for sale. After that it is really important you consider this like you are selling any other asset. This is no longer your home but merely an asset which you are trying to sell. If you can provide access to view your home 7 days a week with minimal notice between 8 AM and 8 PM you are doing fantastic.

Who
You’ve come this far you might as well find out the last question. You know why, where, what how and when the big question is: Who is going to sell your home? Now for those in North Texas theeasy quick answer is me, Jeff Fritzson. No really this is the time where many sellers lack the experience in understanding the real estate sales process and how important it is for them to select a Realtor© that will work for them. There are many ways to go about selecting a Realtor (that’s a subject for another blog.) Some basic advice includes: interview several, pay attention to their answers but also to their questions, ask for and check their referrals, can you see yourselves being successful working with this agent.

 

When you find yourself thinking about selling or buying a home, I would appreciate the opportunity to speak with you. Your success is my focus. 

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Topic:
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Texas
Groups:
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Posts to Localism
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Tags:
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Rainer
96,912
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Thank you Kathleen. I hope this helps sellers gain some focus on what they want. For many people it is easy to know what they don't want, but figuring out what they do can be tough. 

Thanks to whoever decides on making a post featured. There are many great posts on ActiveRain and it is exciting to have one recognized. 

Dec 03, 2013 02:38 AM #8
Rainmaker
1,273,342
Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Jeff,

With an agent like you working the area, sellers would be foolish NOT to have you list their homes.

Dec 03, 2013 04:19 AM #10
Rainer
96,912
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

THank you for your kind words Wayne and Jean.

Dec 03, 2013 05:40 AM #11
Ambassador
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Ralph Gorgoglione
Maui Life Homes / Metro Life Homes - Kihei, HI
Hawaii and California Real Estate (800) 591-6121

Jeff, these are excellent questions to help establish where prospective sellers are in the real estate process... following these guidelines will help clarify a lot of unknowns for both the seller and agent.

Dec 03, 2013 06:16 AM #12
Rainmaker
2,733,990
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

3 is/are possible in rare cases, like the whole time vs. money aspect when starting a career.

 

Love and light,

Laura

Dec 03, 2013 06:59 AM #13
Rainmaker
504,688
Teral McDowell
Referral Patners LLC - Murphy, TX

Great blog, Jeff congrats on the feature and sorry I missed the Addison meetup.

Dec 03, 2013 09:36 AM #14
Rainer
96,912
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Hi Ralph - Thanks for your comments. I like your statment rewgarding where they are in the sale process.

Thank you Laura. The triangle has been used for many analogies.

Sorry we didn't get to meet Teral. THanks for the congrats and the kind words.

Dec 03, 2013 10:32 AM #15
Rainmaker
1,317,476
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

This is a very informative post and one which hits the nail on the head with regard to things seller should consider -- especially working the right agent.

Dec 03, 2013 11:49 AM #16
Rainmaker
1,935,082
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Just the facts... (flipping reporters top metal ring notebook open) Now, where were you on the night of the 32nd?

Dec 03, 2013 07:20 PM #17
Rainer
96,912
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Thank you Joan and Andrew. I apprecaite your comments and sharing them. 

Dec 03, 2013 07:26 PM #18
Rainmaker
1,401,822
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Great list of things to think about/prepare for when selling a home, and nice ending with the "who".

Dec 04, 2013 03:13 AM #19
Rainer
96,912
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Thank you Kat. Well a little tongue and cheek nevah hoits.

Dec 04, 2013 10:05 AM #20
Ambassador
1,949,556
Michelle Carr Crowe,Altas Just Call...408-252-8900!
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Nicely written post from the journalistic point of view-who, what, why, where & how.

Dec 04, 2013 12:49 PM #21
Rainer
96,912
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Thank you Michelle.

Dec 04, 2013 08:01 PM #22
Rainer
49,885
Jared Garfield
Rich Life Real Estate Team - Buford, GA
Invest With The Best For The Highest Returns!

Jeff,

Excellent post, I love the simple format that makes it very easy for sellers to understand.   This process allows your sellers to receive excellent advice and I only hope they take it!

Dec 04, 2013 10:01 PM #23
Rainer
96,912
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Thank you Jared. I apprecaite the kind words.

Dec 04, 2013 10:05 PM #24
Rainmaker
502,940
Lora "Leah" Stern 914-772-4528
Coldwell Banker, 170 N Main Street, New City NY 10956 - New City, NY
Real Estate Salesperson

Jeff, love your unattainable triangle.  These are all great questions to present sellers with with the hopes of getting them to view things more realistically.

Dec 05, 2013 08:41 AM #25
Rainer
96,912
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Thank you Lora - I fell like I woke up in Rockland County rather than Dallas this morning as it is in the low 20s with ice and snow covering most of the ground and roads. We are in one of our ice storms and no sign of easing up temperature wise for many days.

Dec 05, 2013 07:53 PM #26
Rainmaker
2,733,990
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Might I re-blog

Dec 06, 2013 01:05 PM #27
Rainer
96,912
Jeff Fritzson: Frisco Real Estate Pro
Jeff Fritzson Real Estate, Ebby Halliday Realtors - Frisco, TX
Your Success is My Focus!

Feel free to re-blog. Thank you for asking. All my posts are open for re-blogging. I am very much against plagiarism but all for sharing.

Dec 06, 2013 11:53 PM #28
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Rainer
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