Things You Really Wish Your Seller Knew

Dated: 10/18/2017

Views: 43

4 Things You Really Wish Your Sellers Knew

DAILY REAL ESTATE NEWS From Realtor.com

You don’t want to hurt your clients’ feelings. But undoubtedly there are a few things that pop up in the course of transactions that you wish sellers already knew, so that you could avoid having some awkward conversations with them. Real estate pros chime in at realtor.com® with some of the top things they wish sellers knew about selling a home, including:

Your home decor isn’t always perfect for selling.

“While your home may be beautifully decorated, it still looks like your home, not the buyer’s,” Teresa Stephenson, vice president of a residential brokerage at Platinum Properties in New York, told realtor.com®. Clutter, in particular, can make a home feel cramped. “You don’t have to pay to have your home staged, but if you don’t buy into the concept that ‘less is more,’ you’ll pay when it comes time to sell,” Stephenson adds.

Stop being so secretive with your agent.

Sellers need to disclose any problems with the property, like a broken air conditioner, leaky faucets, water damage, or termite infestation. “Don’t keep any of your home’s flaws from your agent because you are scared it might hurt your sale” . The listing agent is on the homeowner’s side, but she must be aware of what needs to be fixed or what could become an issue in a transaction going forward.

Remodeling doesn’t guarantee a price uptick.

While remodeling projects may enhance a property, the projects homeowners take on are never a guarantee of payback at resale. “An ROI, or return, on a home’s upgrades does not necessarily increase value,” says Michael Kelczewski, a real estate pro with Brandywine Fine Properties Sotheby’s International Realty in Delaware and Maryland. The payback will greatly depend on what type of home improvement was completed. (Read more: The Remodeling Impact Report)

Be ready to fix some things.

Sellers may have to spend a few bucks to get their home ready to sell. For example, they may need to “replace the trim the dogs scratched up,” or “Clean the scuff marks off the walls. Power-wash the algae off the vinyl siding. To you, it’s totally normal because you’ve lived with these issues for years. To buyers, these will look like expensive repairs, which means they’ll have to low ball you, or not make an offer at all, because your house ‘needs a lot of work.’”

Blog author image

Steve and Shirley Linahan

Working together as a husband/wife team is very exciting. We are able to use our individual skills as well as our combined experiences to advise our clients with their real estate needs. The key to ou....

Latest Blog Posts

Remember To Vote In The Walton County Primary Election

Early voting for the Walton County primary starts Saturday, August 18!  Click here for details on hours and:

Read More

Looking For Healthy On 30A

Raw & JuicyRaw & Juicy, which has an airstream trailer and a new storefront location, both in Seaside, is a sure spot to grab a healthy meal, whether you are looking for solid foods

Read More

School Is Around The Corner

With school starting back up on the 10th, it's easy to believe that summer is almost gone. But I've noticed that locals are right up there, with our tourists and travelers from all over

Read More

Priced To Sell In Point Washington

If you are looking for a beach home to live in full time or perhaps a great investment for a rental property,  but don't necessarily have to be right on 30A, this could be the neighborhood

Read More