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Selling your Southwest Missouri Home? Selling Tip #1

By
Real Estate Broker/Owner with Debbie DiFonzo - United Country VIP Realty, SW Missouri

You've decided it's time to sell your SouthwestHwy 64, Lebanon, MO Missouri home.

You've done some research and you've talked to family and friends. You've decided to call a REALTOR®, see what services they offer, what "price they charge" and what they think your home is worth. You've done a little homework.

But, you can't stop there. There is more work to be done - your assignment book is not complete.

As part of the listing process, there are three things you will need to do for me, your new listing agent from United Country VIP Realty:

1. Be clear in your motivation in selling.

  • Are you relocating?
  • Trading up or downsizing?
  • Divorce?
  • Pre-foreclosure?
  • Just because rates are low?
  • Because it's been two years and you have the itch?

If you are not motivated to sell, there is very little I can do to facilitate a sale for you. I am a REALTOR®; most days I am not a magician.

If you love your home and are only moving because your husbands step sister just moved into an all brick home and you now think you need the same - a REALTOR® is probably not want you really need.


2. Know what your financial situation is.

  • How much money to you expect from this sale?
  • Do you have a mortgage? If so, what is the current payoff.
  • Do you have a second mortgage or home equity loan? If so, what are the balances.
  • Any other liens on the property?
  • Do you have a pre-payment penalty?
  • Are you being forced to sell your property? Is foreclosure just around the corner?
  • Are the taxes current?


3. Have your "little black book" ready.

  • Find your latest tax bill. 
  • Have copies of any and all covenants and restrictions.
  • Copy of your deed, if available. How do you hold title on your property - in your name or perhaps in the name of a trust?
  • Average utility bills
  • Has the property been surveyed? If so, do you have a copy?
  • Make a second set of keys. 
  • Do you know where all the garage door openers are?
  • If you have a mortgage, what is the name of the company, their phone number and your policy number.
  • Any receipts for repairs, warranty information if applicable on appliances, roofs, etc.
  • Any manuals for appliances, the pool, etc.
  • Make a list of any personal property in the home that would not convey -your favorite curtains in the master bedroom, the washer/dryer. 
  • Make a list of any other items in the home that could be seen by the buyer that would not stay - the hall bathroom mirror, the mail box your Uncle Cecil made for you. 


Arthur Rd, Falcon, MOOnce you complete steps one and two, you are ready for step three.

Doing your homework before our listing appointment will save you time and grief. When someone is sitting across from me, asking for that one piece of paper I received from the County Collector last year - that is when I'll have no earthly idea which file I put my tax bill in.

Doing your homework before our listing appointment will also allow you to more fully concentrate on the process, on the questions you wish to ask me and the answers you receive.

Real estate selling tip No. 1 - just in time for back to school!

Posted by

Debbie DiFonzo on GoogleEmail Debbie DiFonzoConnect on FacebookDebbie DiFonzo on LinkedInFollow me on TwitterFlickr

Comments (12)

TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

Nice pictures and tips Debbie...

Aug 16, 2008 10:46 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Debbie, Part 3 is actually a good list for anyone.  I don't have all these things together in one place and I should---it would make life a lot easier.  Something I need to add to my "to do" list when I get back home.

Aug 17, 2008 01:08 AM
Debbie DiFonzo
Debbie DiFonzo - United Country VIP Realty, SW Missouri - Lebanon, MO
Lebanon MO and Buffalo Missouri Real Estate

Thanks Michael - both pictures are from our listing inventory.

Aug 17, 2008 12:55 PM
Debbie DiFonzo
Debbie DiFonzo - United Country VIP Realty, SW Missouri - Lebanon, MO
Lebanon MO and Buffalo Missouri Real Estate

Carole - Good point. I have three places where I keep important papers. Why not just one? Need to get everything all together.

Aug 17, 2008 04:12 PM
Gail MacMillan
Titusville, FL

Hi Debbie - this is very helpful information for sellers.  Hopefully potential sellers in your area will see it on Localism.  I liked step 1 the best, guess we've all had people selling for the wrong reasons!  Listings that don't sell keep me awake at night so I try to get it right from the starting gate - but it's a moving target with values dropping every month.  YEP, they have to be motivated or the process ends up a huge drain on many levels.

In case you don't go back to my Second Life post, I asked what class you took that mentioned Second Life - just curious!

Aug 18, 2008 01:45 AM
Jack Climer
Jack Climer Realty, LLC - Springfield, MO

Very helpful information, thank you.

Aug 18, 2008 01:55 AM
Cheryl Willis
RE/MAX Solutions- OZARK MISSOURI - Mount Vernon, MO
MO Broker - Mt Vernon, Monett, Aurora, Barry & Law

Deb, I love your writing style, very professional and to the point,  Love tip # 3 also.  be good  cw

Aug 18, 2008 02:11 AM
Sondra Meyer:
EXP Realty, LLC - Corpus Christi, TX
See It. Experience It. Live It.

Great tips Deb!  Is that cabin in the third picture for sale?  I like it and the view. 

Aug 18, 2008 02:54 PM
Grace Keng
Keller Williams Realty Cupertino - Cupertino, CA
CRS, CDPE (408) 799-8887

Deb! IT is a cool interest article.

Grace

Aug 18, 2008 03:15 PM
Robin Scott
Robin Scott, REALTORĀ® - Austin, TX
Broker, REALTORĀ® - Austin Texas

Debbie, Great tips to ready the seller and get the most out of a meeting.

Aug 19, 2008 08:36 AM
No Longer Active in Staging. No Longer Staging
Hickory, NC

Debbie, This is an excellent list for sellers in any state.. Thanks for the great post.. God bless,

Aug 19, 2008 12:29 PM
Michelle Tucker ~ Pooler Real Estate
!Daley Real Estate - Pooler, GA
Rincon~Savannah~Richmond Hill

Debbie:  Great tips.  Makes for a great packet for your potential sellers.  You covered all the points that are important.  Stating the facts right up front I am sure has saved you some headaches.

 

Aug 24, 2008 11:39 AM