My Blog seeks to act as a clearing house for current news and tips relating to Real Estate in Delaware. My goal is to save you many dollars and time when buying and/or selling. Also I attempt add clarity to the seemingly endless stream of mostly distorted news, distributed daily in the national news media.

Wednesday, February 20, 2008

3 Deadly Mistakes to avoid in selling your home

1. Failing to dress your Property to sell- Buyers look for HOMES, not houses. They buy homes in which they FEEL they would like to live. One of the major factors in getting your home to sell quickly is very simple: MAKE IT FEEL LIKE “HOME.” First impressions set the tone for a buyer visit, and they’re LASTING! Approach your home in your car like any buyer would. Examine the outside as you’re approaching. How does it look? Are shrubs away from the home? Oil in the driveway? How does the grass and landscaping look?

Now go inside just like a buyer would. You want to be aware of four senses: smell, touch, sight, and hearing. Go through room by room and test all four senses. Check flooring and carpet for stains and odors.

2. Pricing Your Home Incorrectly- Every seller wants to realize as much money as possible when selling their home. The natural inclination is to price the home high, thinking you can always come down in the future. But a listing price that is too high frequently nets the seller LESS money than an original price at market value. Why is this? Because people looking for homes in your price range will reject your home in favor of other homes in a reasonable price range.

And here’s the real clincher: Agents who would readily bring buyers through your home will automatically cross it off their showing schedule because it’s priced too high. They’re only motivated to show homes with the highest probability of selling. Agents simply will not show overpriced homes because they work by commission. They know market values because it’s their job to know. And they don’t want to waste their time.


3. Not getting the right Marketing Exposure Of Your Property

The most obvious marketing tools everyone uses (Open Houses and classified ads) are only moderately effective. Successfully marketing of your home (getting the highest price, at the right time, and with no hassles and problems) requires much more. Surprisingly, less than 1% of homes are sold at an open house. Agents use open houses to attract buying prospects, not to sell your home. And advertising studies show that less than 3 % of people purchased their home because they saw it in an ad.

That’s why the most competent agent will have a broad spectrum of marketing activities, emphasizing the specific strategies that will work best for YOUR particular property or area. In fact, I use an unprecedented [28 Step Marketing Plan] in selling your home. If you like, I would be happy to share every one of those [28] strategies with you at your convenience. I have many more suggestions on this subject.

Email me for "the rest of the story" at don@dbullis.com and mention Mistakes in Selling your home and include your address. I will mail you the complete report.

Don



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