Monday, November 29, 2021
Surviving the Sale of Your Home
Some real estate Licensees don't want to scare prospective listing clients away by telling them that selling a house can be tough, emotionally charged work. Consider this article a bit of tough love for home-sellers...your Licensee may be too polite to share this news with you, but it's news you can use.People sell houses for a variety of reasons, not all of them positive. Unemployment, a death in the family, job relocation: These are just a few of the not-so-good reasons a person might need to sell. And even if you are planning to move up to a better house, there's something unnerving about selling the roof that has sheltered you and your family to the highest bidder. A sign goes up in the front lawn, and all of a sudden, your home is a commodity. Complete strangers are scuffing the hardwoods, hating the curtains and peering in your bedroom closets. Here are some steps you can take to avoid becoming an absolute lunatic while your house is on the market.
Hire the right Licensee Find a real estate Licensee you can communicate with and trust. You will be entering a short term contractual relationship with whoever lists your house—consider this person a hire, and hire someone you get along with. Ask them how they plan on marketing your house—what publications do they buy ads in? Do they put listings on the Internet? What type of outdoor signage will they put up? It's a good idea to get clear on what kind of sales effort you can expect before signing on the dotted line.
Get the most from open houses
There's one form of marketing that sellers tend to overrate: Open houses. This weekend ritual is more useful for introducing agents to prospective buyers than it is for selling a home. An open house might generate some interest, but realize that a lot of people hit the open house circuit to check out décor, get ideas for remodels, and to dream.
A final note on allowing strangers access to your house: Do put small valuables, jewelry and the like away in a safe deposit box before putting your house on the market.
Here are a few other things your Licensee may be too polite to tell you:
Be prepared for unexpected costs
These negotiations sting on two fronts: Firstly, there's the implied judgment about your living conditions. Secondly, you're being asked to spend money on a problem that you've lived with, so someone else can enjoy the fix. The solution? Swallow your pride and be honest with yourself about the condition of your roof, and other major systems in your home. And fix that back burner now .