9 Steps For Getting Your Home Sold in Olathe, Kansas - Even in this slow market.
The real estate market has gotten more challenging the past 24 months. But despite the challenges, many of our Olathe, Kansas staged homes that are priced correctly are selling very quickly, sometimes with multiple offers and sometimes over asking price.
Lately, we have seen a spike in homeowners that are about to give up. Some because they are underwater on their mortgage, others because of what they have heard on the local and national news.
Despite your challenges, when you need to sell, create a plan. I'll share with you what we have found to be successful.
Want to know what those home sellers are doing to help their homes get sold? Here are 9 steps you can take to help get your home sold, too:
- Hire the best "full service" Olathe REALTOR you can find. Yes there is a difference between a full time REALTOR and a part-time real estate agent. This is no time to be fooling around with less than full service. Do your research on the Internet and by asking friends who they've worked with and if they had a good experience with a REALTOR or real estate agent. Interview at least 3 REALTORS or real estate agents. Don't hire your best friend, their cousin, your hairstylist who moonlights as a real estate agent, unless you are certain that they know what they are doing and can back up their claims. You are selling what is probably your most valuable asset. Don't be embarrassed into letting your home sit unsold because you didn't want to hurt someone's feelings. Make sure you understand your listing agents marketing plan for your property. How many photos will they post? Which sites will they use to promote your home's listing? Will they be holding open houses? How many? A good full time REALTOR will have an aggressive online marketing plan. Research has found that homes priced correctly but without an aggressive online marketing plan will not sell at "TOP DOLLAR." Choose a REALTOR who will provide the best online marketing plan.
- Don't beat your Olathe, KS. listing agent up over the sales commission. A really good, experienced Olathe, Kansas REALTOR will tell probably tell you "no" anyway.Marketing and selling real estate properly is an expensive proposition. All the brochures, flyers, virtual tours, professional photographers, etc. cost money. If you negotiate a lower commission, you are preventing your listing agent from pulling out the "big guns" to get your home sold as quickly as possible. Don't hamstring the sale of your home by limiting the amount of money your listing agent has available for marketing. Also, with the abundant inventory on the market right now,buyer's agents are going to show the homes that pay full commissions first.
- Listen to your Listing Agent regarding pricing. They know what they are doing (assuming you followed step 1). They are on the MLS every day and know what homes are selling for and how quickly they sold. They talk to other Olathe REALTORS daily. It doesn't matter how much your dry cleaner thinks you should list your home for. It doesn't matter how much profit (or how little loss) you would like to walk away with. All that matters is how much someone will be willing to pay for your house. A good REALTOR or real estate agent will be able to tell you how much you should list your home for to get it sold quickly. Will you pay more for a home just because the seller needs it? Probably not, right? You'll look at what similar Olathe homes are selling for, right?
- Hire a professional home inspector for a pre-sale inspection. You can address any issues that might sink a sale during escrow, or prevent someone from making an offer in the first place. Use the information to get your home into tip-top shape. This also sends a signal to buyers that your home is well cared for and maintained. Olathe Buyer's Agents will show homes that are maintained and priced correctly.
- Make any needed repairs. Home buyers want a home that is truly move-in ready.They don't want an allowance for new carpet or a new roof. They want a house that already has new carpet and a new roof so they can move in right away. A buyer will double and in some cases triple the cost to replace when making an offer. Why, you ask? Because when your home is not in tip top shape they aren't buying off of emotions. Buyers don't want to inherit your problems without compensation.
- Clean your Olathe home from top to bottom. Clean it until it is cleaner than it has ever been before. If you don't have the time or energy, hire a cleaning service. Make sure your house sparkles and smells clean every day it is on the market. If there is an issue you can't address by cleaning, then replace it. For instance, if the linoleum in your kitchen has a big burn mark from the hot skillet you dropped, replace the linoleum. If the sink is dinged, replace it.
- Have your home photographed by a professional. Many Olathe REALTORs and real estate agents include this as part of their marketing package. Photos taken with a $200 point and shoot camera are not going to show your home at its best. 90% of home buyers are looking at homes on the Internet before going out to see homes they are interested in. If your home doesn't look great in the photos, then most buyers will pass you by. Many REALTORS also use advanced technology to highlight your home on the internet. The added investment is well worth it!
- Don't rush the the selling process. Follow all of the above steps before you put your Olathe, Kansas home on the market. Clean it up, fix it up, have it staged and then photographed. Once you have great photos that really showcase you home, give your REALTOR the go-ahead to post them on the MLS. Make sure they post the maximum number of photos allowed. The more photos you have showcasing your home on the MLS, the greater your chances of selling it. If you rush the process, then you will not be putting your home's best face forward from day one. Staging or adding better pictures after you home has been on the market, even for a few days, won't get back potetial buyers who dismissed your home when they saw few pictures, bad pictures, vacant rooms or an unstaged mess.
- Make your Olathe, Kansas home easy to show. Don't make it difficult to show your home by limiting access to certain times and days. Allow your KC listing agent to install a Supra Lockbox so your home can be shown on a moment's notice. Keep your house clean and orderly everyday all day during the listing period so that it looks its best for every showing. This may create some inconvenience for you, but it will result in a faster sale.
Remember: When you put your Olathe, Kansas home on the market, you are entering it in a beauty contest. The best looking homes in the best condition sell first. It's a no brainer!
Let us know what you think or add to our blog by writing a comment.
Blog post written by the Dowell Taggart Team of RE/MAX Best Associates
Your Olathe Real Estate Marketing Masters!
Follow us on Twitter
Be our fan Facebook
Friend us on Facebook
Network with us on Ning
Follow us on Social Media
Search 21,000+ Kansas City Homes For Sale including foreclosures, short sales, luxury homes and more
Find out the value of your Kansas City home for "FREE" and learn how to save on the real estate commission ---> Discount Real Estate Commission
How would you like to save thousands on your next Kansas City home purchase? Click here to find out how.
0 Comments
Thank You for commenting on our Blogger blog, http://OnlineKansasCity.Blogspot.com!
Just an FYI: Spam will not be published.