Wednesday, March 13, 2013
Wednesday, February 13, 2013
Staging & Staying
I've decided I need to be more careful when a homeowner asks me to be totally honest in helping them get ready to sell their home. I was recently at a home of a wonderful family that had what I think was possibly the worst experience in real estate. They had a horrible agent - yes, there are some out there, no it wasn't me. The agent didn't get their home sold. Then they tried to sell the home themselves and had no luck. They've lived in their home for just under 10 years and have made many improvements to the home, but it's just not selling.
When I called her up...out of the blue...she was desperate. They so badly want to be in a newer home with more room. They're a young family with young and energetic children. They need more space. She asked me to be totally honest with them about the things their home needed to sell quickly and for the best price possible.
As I toured the home I took notes, I made simple suggestions and wrote my bigger ones down. We sat down at the table and I explained my suggested changes. I had over a page of updates, room remodels, and staging suggestions for them. At first their eyes were huge and their jaws were on the floor. But I calmly broke it down room by room and shared with them why the changes needed to be made.
After talking for a few minutes about the benefits of making the changes and how I could present the home to buyers with the changes made, he sat back in his chair, smirked a little and said, "We make these changes, we'll have enough room and won't need to move!"
I didn't panic, I reminded them why they wanted to move and they agreed. Whew!!
When I called her up...out of the blue...she was desperate. They so badly want to be in a newer home with more room. They're a young family with young and energetic children. They need more space. She asked me to be totally honest with them about the things their home needed to sell quickly and for the best price possible.
As I toured the home I took notes, I made simple suggestions and wrote my bigger ones down. We sat down at the table and I explained my suggested changes. I had over a page of updates, room remodels, and staging suggestions for them. At first their eyes were huge and their jaws were on the floor. But I calmly broke it down room by room and shared with them why the changes needed to be made.
After talking for a few minutes about the benefits of making the changes and how I could present the home to buyers with the changes made, he sat back in his chair, smirked a little and said, "We make these changes, we'll have enough room and won't need to move!"
I didn't panic, I reminded them why they wanted to move and they agreed. Whew!!
Saturday, January 26, 2013
My Home Didn't Sell, What Should I Do?
If you get a call from me because your home expired, the first thing to know is I'm sympathetic. I'm also a home owner. And before becoming a real estate sales professional I sold a home. I tried selling it myself then I realized I needed to list it with an agent. And it still didn't sell! It's a long drawn out story that I'm not going to get into. But after a year of carrying two house payments, the home finally sold.
Do you really want to sell your home? If you've had it listed for the last 6 or 12 months, that tells me you do want to sell it. But now that it didn't sell, and you're telling me you're not sure what to do. That doesn't mean you don't want to sell it. It just means you're terribly frustrated.
Remember you hired your agent to sell your house. Not to list it! Listing your house is easy. Selling it is another story. And if your agent isn't selling your house...no matter how much you like him or her...it's time to consider hiring someone to sell it.
You need to ask yourself the hard questions now:
1. Why do you want to re-hire the same agent to re-list your house?
2. What will this agent do differently that he didn't do in the first 6 or 12 months?
3. What has it cost you in using this agent? (Time, money, frustration)
4. What is the new agent going to do differently?
5. Do you think you "like" the new agent initially at least as much as you did the first agent?
6. How much time should you realistically give the new agent to sell your home?
7. What will you do if the new agent can't get your home sold?
8. Are you being realistic about the price, condition, staging of the home?
I can't guarantee your home will sell. I haven't seen it yet. I don't know who said it, but I love it...
"If you always do...what you've always done..you'll always get...what you've always got!"
If it's not working, change. Give me a call and make a change in the right direction. I want to sell your house, not just list it.
Do you really want to sell your home? If you've had it listed for the last 6 or 12 months, that tells me you do want to sell it. But now that it didn't sell, and you're telling me you're not sure what to do. That doesn't mean you don't want to sell it. It just means you're terribly frustrated.
Remember you hired your agent to sell your house. Not to list it! Listing your house is easy. Selling it is another story. And if your agent isn't selling your house...no matter how much you like him or her...it's time to consider hiring someone to sell it.
You need to ask yourself the hard questions now:
1. Why do you want to re-hire the same agent to re-list your house?
2. What will this agent do differently that he didn't do in the first 6 or 12 months?
3. What has it cost you in using this agent? (Time, money, frustration)
4. What is the new agent going to do differently?
5. Do you think you "like" the new agent initially at least as much as you did the first agent?
6. How much time should you realistically give the new agent to sell your home?
7. What will you do if the new agent can't get your home sold?
8. Are you being realistic about the price, condition, staging of the home?
I can't guarantee your home will sell. I haven't seen it yet. I don't know who said it, but I love it...
"If you always do...what you've always done..you'll always get...what you've always got!"
If it's not working, change. Give me a call and make a change in the right direction. I want to sell your house, not just list it.
Tuesday, December 4, 2012
The Power of the Pre-Approval
You may have seen the ads on tv and maybe you've even been told by your agent to get your loan pre-approval. Unfortunately you need it. It's not a guarantee, as one banker told me recently. And he's right. But it does tell the home seller that you are qualified "enough" to be making an offer.I had the unfortunate experience this past week of working with a buyer that hasn't even started her pre-qualification, despite being told to do so 10 days ago. She's an out of state buyer that is interested in buying a home soon. So, I told her, "get your pre-qualification started first thing on Monday because they can take a week or longer to get completed." And one week later we found THE ONE! The perfect home.
So, the question becomes.....Do we write an offer without the pre-qualification or do we wait? Do we risk having the offer be rejected, or do we risk having someone else submit an offer before us? I've drafted the offer. But now it just sits. Waiting a decision.
This is why it's very important to get the pre-qualification done. Even though it's not a guarantee that you'll get the final loan on that specific home, it does allow you to keep the process moving when you find the house you want to buy. It's a reassurance to the person you're making the offer to that you've got your ducks in a row and you're prepared to move forward. Without it, the seller is left wondering if you even have a credit score worth a banks consideration.
Do yourself a favor. Don't fall in love with a home only to find out you can't have it. Get your pre-qualification done. No, it's not as fun as shopping for a new home. But it's not as agonizing as a root canal either. Just get it finished, get it out of the way. Once it's done, it's done. And you know exactly where you stand. You know how much money you need to bring to the table to make your dreams a reality. You know what your payments will be. And you know that when you find THE ONE, you can write THE OFFER.
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Friday, November 2, 2012
Why Effective Pricing is So Important in Today's Home Selling Market
Selling a home is an exciting adventure. There are several things to keep in mind however, if you want to be successful. Most home owners take a lot of pride in their homes. And that's the way it should be. But pride does not always convert to dollar signs.
Let's take a look at the Lincoln, Nebraska market as it is today. At this very moment there are 1,776 houses for sale in Lincoln. Now, luckily for most sellers, buyers are looking for a specific price and size range along with a certain number of bedrooms and an area of the city closest to work or family members.
So, let's break this down into a very popular home and look to see how many 3 bedroom homes there are available in Lincoln today. That number is 527. That's still a huge number of homes for a prospective buyer to fathom. Now, their real estate pro will help them narrow that number down even further by price, area, and bathrooms and a whole slew of other features.
But today, I'm talking simply price. The average price of these 527 homes is $162,218. The average Days on the Market is 75. The least expensive home is $79,000 and the most expensive home is $239,900. So, let's take the least expensive house and search for homes between $79,000 and $162,218. Only 318 homes in that price range.
How do I ensure that your home gets noticed? The obvious answer is that I get more information from the buyer to narrow down the search. But more importantly, I work with you to make sure that your home is priced right. A $79,000 3 bedroom home is going to look very different from a $239,900 3 bedroom home. Or at least we're all hoping they look very different. But if we price your home at $79,000, it probably needs to look like it's worth $85,000. And on a side note - I say "we price your home" because it's something you and I will work on together.
So, how can we improve the appearance? When you list your home for sale with me, I'll give you a cheat sheet that will give you all the answers. But some of the answers follow.
Let's take a look at the Lincoln, Nebraska market as it is today. At this very moment there are 1,776 houses for sale in Lincoln. Now, luckily for most sellers, buyers are looking for a specific price and size range along with a certain number of bedrooms and an area of the city closest to work or family members.
So, let's break this down into a very popular home and look to see how many 3 bedroom homes there are available in Lincoln today. That number is 527. That's still a huge number of homes for a prospective buyer to fathom. Now, their real estate pro will help them narrow that number down even further by price, area, and bathrooms and a whole slew of other features.
But today, I'm talking simply price. The average price of these 527 homes is $162,218. The average Days on the Market is 75. The least expensive home is $79,000 and the most expensive home is $239,900. So, let's take the least expensive house and search for homes between $79,000 and $162,218. Only 318 homes in that price range.
How do I ensure that your home gets noticed? The obvious answer is that I get more information from the buyer to narrow down the search. But more importantly, I work with you to make sure that your home is priced right. A $79,000 3 bedroom home is going to look very different from a $239,900 3 bedroom home. Or at least we're all hoping they look very different. But if we price your home at $79,000, it probably needs to look like it's worth $85,000. And on a side note - I say "we price your home" because it's something you and I will work on together.
So, how can we improve the appearance? When you list your home for sale with me, I'll give you a cheat sheet that will give you all the answers. But some of the answers follow.
- Make sure the interior decorating is up to date. Brass sea shell shaped curtain rods are no longer the fad. Switch to something more natural looking. Be sure any scuffed paint is repaired. Remove stains from carpeting, consider new carpeting, or consider a carpeting allowance.
- Clean! A clean home appears to be worth more. And a buyer might wonder what is hidden if they can see dirt, grime, or even filth. Keeping it clean is not easy, but it will pay off in the end.
- Maintain the exterior appearance. Keep the lawn mowed, the trees and shrubs trimmed and everything in tip-top shape.
- Make necessary repairs. Fix things that get broke. Fix them before you list and if they break during the listing period, get it fixed.
Thursday, October 18, 2012
I Need to Clean My Shower
I like to keep a clean house, but I'm not a clean freak. Maybe if I was home more, I could be. But it seems my career and my kids have me gone most evenings. I'm okay with that, but after a while, I just have to stop and clean. It's amazing how you can be hardly home and it becomes a mess.
This weekend, I need to find time to clean my shower. And because my sister found a great, simple, inexpensive, and non-toxic solution, I really have no excuse not to get it done. I've already got all I need to do it too!
Here's the solution. You buy one of those dish washing scrubber things. I know, you'd like more info, right? It's the one with the handle that you fill with dish soap and it has the green scrubber on the other end. Fill the handle half full of Dawn dish soap and use vinegar to finish filling it. Now some people really hate the smell of vinegar - especially those under the age of 20. But it's great for cleaning and when mixed with the Dawn actually gives a nice pleasant and clean scent. Simply scrub down the shower walls, let sit for a minute or two and then rinse. If your shower has a lot of soap scum or hard water build up, you may need to scrub it a few times to see the difference. But if you keep this scrubber handy, you can give it a weekly scrub down before you shower for the day and rinse it out while you're showering. It's not toxic, it's not going to hurt your skin, and the smell doesn't burn your eyes and nose.
I love this solution to cleaning the shower. I also use it on all my sinks. Give it a try and let me know your results.
This weekend, I need to find time to clean my shower. And because my sister found a great, simple, inexpensive, and non-toxic solution, I really have no excuse not to get it done. I've already got all I need to do it too!
Here's the solution. You buy one of those dish washing scrubber things. I know, you'd like more info, right? It's the one with the handle that you fill with dish soap and it has the green scrubber on the other end. Fill the handle half full of Dawn dish soap and use vinegar to finish filling it. Now some people really hate the smell of vinegar - especially those under the age of 20. But it's great for cleaning and when mixed with the Dawn actually gives a nice pleasant and clean scent. Simply scrub down the shower walls, let sit for a minute or two and then rinse. If your shower has a lot of soap scum or hard water build up, you may need to scrub it a few times to see the difference. But if you keep this scrubber handy, you can give it a weekly scrub down before you shower for the day and rinse it out while you're showering. It's not toxic, it's not going to hurt your skin, and the smell doesn't burn your eyes and nose.
I love this solution to cleaning the shower. I also use it on all my sinks. Give it a try and let me know your results.
Thursday, October 4, 2012
Open House in Firth Nebraska
If you're looking for a beautiful home in a small community, this is a must see!!!
207 E 4th Street, Firth NE
4 Bedroom home with a 5 room on the main floor that could be a bedroom, toy room, office, den, sewing room, and so many others!
Basement is fully finished on one side.
http://www.realtor.com/realestateandhomes-detail/207-E-4th-St_Firth_NE_68358_M73739-80918
Open House
Sunday, October 7th
1:00 - 3:00 PM
207 E 4th Street, Firth NE
4 Bedroom home with a 5 room on the main floor that could be a bedroom, toy room, office, den, sewing room, and so many others!
Basement is fully finished on one side.
http://www.realtor.com/realestateandhomes-detail/207-E-4th-St_Firth_NE_68358_M73739-80918
Open House
Sunday, October 7th
1:00 - 3:00 PM
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