How Does a Seller Know When It Is Time To List?

By
Real Estate Agent with DFW FINE PROPERTIES 0506509

Inspiration for 5/19/19

Patricia Feager

 

 

This milky white and desert sand petal Magnolia stole my heart! After all the rain we have had this spring in North Dallas, Texas, I was reminded of a quote I heard years ago. The intention of this post is to give sellers hope for the right timing to list. 

 

"And the day came when the risk to remain tight in a bud

was more painful than the risk it took to bloom.

--- Anats Nin

 

Do many sellers want to know when is the best time to sell? Yes! Of course! The best time is when you're ready because you already focused on all the details with your Real Estate Agent, you know what to expect by reviewing all the paperwork in advance, and went over a contract to get familiarized with items you can be prepared to negotiate with to make the process easier and the sale worthwhile for you. Also, it is important to get a range of estimated Seller's Net within a range of high to lowest sales price you would be willing to accept, knowing, terms of the contract may change with sales price, closing date, type of financing, etc. Waiting for the perfect time to list and trying to time the market rarely works to your advantage. Getting rid of emotional attachment is not easy; however, to succeed, releasing emotional attachment helps if you make it a high priority. If a seller waits too long, they take the risk that their perfect buyer already moved on and may have settled for a different property. Believe it or not, even after the sale, some buyers continue to peruse through the MLS, Realtor.com, or other third party websites to see what other homes are just listed and they wonder, did I buy on impulse? Missing the perfect home because it wasn't on the market at the right time causes some buyers remorse. My goal is to prepare the seller in advance.  

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 dfw fine properties

 

DFW FINE PROPERTIES

                                        2900 W Southlake Blvd, Suite 180
                                        Southlake, TX 76092
                                        Office: 817-748-4800/FAX: 817-748-4900

                                         Patricia Feager
                                                        Cell: 469-951-4758

                                                        Email: patricia.feager@gmail.com

 

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"With self-discipline most anything is possible." --- Theodore Roosevelt 

 

 

  

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Ambassador
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Some sellers are speedy sellers and quick on the draw. Other sellers need time to prepare and get rid of items that they are emotionally attached to that are just stored in the house and gathering dust and are not coming with Patricia Feager, MBA, CRS, GRI,MRP so we need to advise the seller to rid themselves of these items so the house shows better and will bring a better price 

May 19, 2019 12:35 PM #1
Rainmaker
1,736,685
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

That quote is a marvelous one, isn't it? And your point that there's a right time to sell is equally true. I applaud you for counseling your sellers thoroughly, Patricia.

May 19, 2019 12:46 PM #2
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

I am a firm believer in stats and prepping every single seller for the possibility of Offer #1 falling through too, Patricia! I heard a stat here about a year ago - 33% of all 1st deals fall through. That's a significant number and is the primary reason that I strive for back-up Offers on each and every listing! 

Gorgeous magnolia flower, Patricia - I have always thought their delicate white flowers against the deep green leaves are just stunning.

May 19, 2019 12:51 PM #3
Rainmaker
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Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Patricia Feager, MBA, CRS, GRI,MRP - You hit it on the head and the best time to sell is when the seller is ready.  Also, emotional attachment does need to be thrown out otherwise the home may not sell. 

May 19, 2019 06:51 PM #4
Rainmaker
1,403,050
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Yes, as soon as a seller is ready, it's time! And the ready sellers in your area should be calling you now!

May 20, 2019 03:31 AM #5
Rainmaker
2,972,594
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Patricia... as I tell people all the time "there is no perfect time to list a home." The only perfect time is when they are ready to do so and deep down they always will know. Loved the magnolia picture. I love magnolia trees... always have at least one in my yards... and in this house it's no exception. I can see the flowers blooming on mine from my office window.

May 20, 2019 05:10 AM #6
Rainmaker
1,959,999
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Hannah Williams - It's always nice to hear your thoughts and to hear from you. 

When it comes to putting ones home on the market for sale, ready or not determines the outcome in nearly all sales.

Have a wonderful day!

May 20, 2019 05:26 AM #7
Rainmaker
1,959,999
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Lottie Kendall - That quote is one of my favorites. It applies to many of life challenges, doesn't it? 

You are loaded with kindness and wisdom. I always appreciate hearing from you.

I hope you have a great day!

May 20, 2019 05:28 AM #8
Rainmaker
1,959,999
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Debe Maxwell, CRS - Holy Magnolia! Aren't they gorgeous! Each one makes a statement.

In TX we are required to use stats when preparing a seller to market their home for sale. It is an important piece in the beginning and throughout the time it is on the market. Plus, our Brokers require them when collecting just before closing for the CDA. An educated seller is a happier seller!

Wishing you wonderful things today and always. 

May 20, 2019 05:32 AM #9
Rainmaker
1,959,999
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Sheri Sperry - MCNE® - When I think back to my earlies closings, it was the ones that had emotional attachments that were the most difficult. Letting go is easier for some than others and something agents should watch out for when communicating with the owners. Preparing to list is a critical part of the process. 

The final point you made in your last sentence is really important. I just hate when a listing doesn't sell and other agents are quick to smack 'em down with the comment, it's all about location and price. Well, I disagree. There's one very important ingredient and that is getting past emotional attachment.  

Have a blessed day. 

May 20, 2019 05:38 AM #10
Rainmaker
1,959,999
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Kat Palmiotti - Being ready means getting past emotional attachment and for many people, this is really hard to do. 

I am looking forward to seeing you in Montana soon!!! Have a great day!!!

May 20, 2019 05:40 AM #11
Rainmaker
1,959,999
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Nina Hollander - This multi-colored Magnolia Tree with creamy white and desert sand really caught my eye! Magnolias are simply magnificent. Aren't we lucky to have them grow well in a climate like ours? I would like a much larger lot to plant a Magnolia Tree in my yard. I recently saw an enormous tree and the trunk was so huge and heavy practically dragging on the ground. They can live a long, long time when conditions are right. 

Have a lovely day!

May 20, 2019 05:43 AM #12
Ambassador
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Oh, I so wish that were the case here too, Patricia. You're so right, sellers deserve to be educated...and happy!

May 20, 2019 05:45 AM #13
Rainmaker
2,972,594
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Patricia... my lot is quite small (.14 of an acre) and I have a 3,300+ square foot house and garage sitting on it. I planted what's know as a dwarf magnolia when we moved in at one of the corners of my front porch and over 13 years it's grown quite a bit, but has not taken over my yard. It's a great solution for someone who loves a magnolia tree, but can't accommodate a huge one.

May 20, 2019 05:57 AM #14
Rainmaker
2,474,518
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

"Getting rid of emotional attachment is not easy; however, to succeed, releasing emotional attachment helps if you make it a high priority." 

That's an important sentence, Patricia!  Other than my mother's property which I sold after her death, I have only sold one home.  It was easy because I had found a new home to move into.  It's more comfortable if you can see where you are going!

May 20, 2019 12:32 PM #15
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Patricia in my opinion there is no bad time of the year to sell, but I agree with you the best time to sell is when your ready.

May 20, 2019 02:58 PM #16
Rainmaker
2,734,465
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

It is what it is and I can see how people divided on all these issues and all these classes

May 21, 2019 11:52 PM #17
Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I just think the bad selling time was invented in somebody’s book of all the people long time ago!

May 21, 2019 11:53 PM #18
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