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Seller's Information
We
know by experience what it takes to successfully sell your home. We
want you to be successful and we want everyone to win.
Today's
consumers are comparison shoppers. Although eager to achieve
the best possible return on their hard earned investment dollars, they
will shy away from properties that are listed too high or too low.
Listing
above
market value, you will more than likely sell your neighbor's house
instead of yours, or at the very least, risk a lack of potential
purchasers visiting your home. By listing too low, you create the
impression that you are desperate for the sale, or that something is
seriously wrong with the structure.
We
will provide a Comparative Market Analysis (CMA)
that includes information on competitor listings, properties that have
recently sold, and those that are currently pending. In addition, we
will -evaluate your property's location and lot size - appraise
your home's condition, size and age, and any improvements you have
made - review the assessed value of your home, taxes, and
utility costs -help determine what is the best selling feature of your
home and suggest what interior and exterior repairs should be
considered.
Buying
or
selling property in today's fluctuating and competitive marketplace
takes industry knowledge, a proven track record, and expert opinion. It
also takes dedication, commitment and the ability to achieve the goals
set before you. When discussing the critical factors in the sale of any
property, your real estate agent's expert opinion will guarantee that
your home is accurately positioned for market dominance.
In
the end, it's still your choice as to pricing. However, by taking into
account years of professional experience and real estate wisdom, you
increase the possibility of selling your home within the critical first
30 days for the highest possible sale price, or achieving a fair market
price for the home you are purchasing.
Disclosing the Facts
No
home
is perfect! In one way or another, they all have defects to some
extent. However, concealing problem areas can result in costly
lawsuits....at your expense!
The
horror
stories come in many forms. During the height of purchasing excitement,
not everyone will notice the cracked foundation or faulty roof that
leak only when it rains, turn on the hallway light to experience
electrical gymnastics, or even flush the toilet to watch it overflow
because the septic lines are blocked.
Undisclosed
defects can come back to haunt, destroying what you originally
considered protected....your pocketbook and peace of mind!
It
is in both your best interest and that of your purchaser to obtain a
structural inspection during contract negotiation. Settlement and legal
fees cost far more than if you had agreed to a price concession or
repaired it yourself!
Repair Priorities
You
consider your home one of your most prized possessions. You have
lavishly decorated to individual taste, using paint and wallpaper as
expression of your personality. Eyes glued to yet another magazine, you
finally found the perfect window treatment.
Your
furniture reflects the colors and textures that have become important
over the years. And don't forget, you DID
spend hour after weekend hour bent over that magnificent garden.
However, it will cease to matter once you sign the "For Sale"
agreement.
The
paint, the
drapes and the carpeting mean nothing to those outside the family. And
that lovely bathroom tile you imported from some exotic land isn't even
mentioned. How could they NOT notice that you spent a
great deal of money and months waiting patiently for it to arrive at
the shipyards?
The answer is simple... your potential purchasers are not emotionally
involved in your investment.
Unlike you,
they
see the flaws you have come to ignore over the years. They will notice
the carpet your cat has used as a scratching post, the tap that drips
incessantly, and the ugly stain in the kitchen caused by the leaky
roof.
To
them, it's
nothing but added expense, and probably not worth the effort. After
all, there are many, many more properties on the market other than just
yours.
However, the
marketability of your home WILL
increase if you take the time and effort to view it through their eyes,
and take extra care in ensuring that minor things are attended to.
One
sure way of
guaranteeing that your potential purchasers can see themselves enjoying
life in your home, is to make it as presentable and uncluttered as
possible. What is known in the industry as "curb appeal" may become the
difference between "Sold" and "continued showings".
The
tiny
handprint that adorns the front door is cute only to you. To the other
side, it's a combination of filth and downright laziness. Despite the
cost of a can of paint, your family room should NOT
resemble a mud-room. And remember the sun shining through the windows?
A little bit of elbow grease goes a long way!
When
the time
comes to list your home for sale, take into account that your potential
purchasers are searching for new roots. They need to be enticed,
enthralled and enchanted at first glance. It needs to feel like THEIR
castle, THEIR history, THEIR love story
the moment your home comes into view.
If
expense is a
concern, do it yourself. If there's litter in the front yard or the
grass needs cutting, hire the teenager next door. Five dollars and time
REALLY CAN make the
difference!
If
not, there
are numerous contractors, painters, decorators, cleaning services, and
landscaping firms that your real estate agent can recommend. For the
more major repairs including replacement roof, flooring or structural
defects, etcetera, you can opt to invest in the repair, or you can
choose to disclose this information in the listing contract.
Also
pay
attention to the "finishing touches" - the serene background music, the
tidy bathroom , the made beds, and the bouquet of flowers. Open a few
windows, the air will be fresher. A welcome mat at the front door is
inviting, and please, no laundry running in the machines while you
attempt to catch a few more minutes of lost time!
By being
ruthlessly honest in your evaluation of your home prior to listing, you
will improve my chances of selling your home fast.
SOME TIPS FOR A
SUCCESSFUL CLOSING WE EMPLOY
1. Executed
Sales Contract
- Provide title company with fully executed sales contract.
Provide as much information as possible, such as loan payoff
information, probate, trust, etc.
2.
Carefully
Select Time Frame
- Familiarize yourself with title commitments. Be careful on
sales contracts when you specify time frame for title work to be
produced to buyers.
3.
Not
Attorneys
- Closing Agents are not attorneys. They may refer your clients to an
attorney for probate issues, quiet title action, etc… Do not look
to them for any advice.
4.
Middle
of the Month, Mid Week
- Try to schedule closings during the middle of the month vs. the last
few days of the month. Keep away from Friday closings when at all
possible, because EVERYONE wants Friday… end of the
month closings. Loan packages are not delivered ahead of time for
closings at the end of the month due to the large volume that lenders
have to process.
5.
Insurance
- Buyers must have bound insurance coverage prior to coming to
closing. Encourage customers to shop for insurance a month before
closing if possible. Beware of weather conditions that can affect
coverage.
6.
Who
Orders Survey
- Most lenders require new surveys for closing. Communicate with
closing agent on who will order. Surveys must have proper
certifications to be valid.
7.
Review
Closing Statements
- Learn to review closing statements line by line with sellers and
buyers. They are comfortable with you as their realtor and you will
place them at ease before coming to closing if you discuss figures with
them ahead of time.
8.
Equity
Loan Payoff
- Equity Loan payoffs require signed consent forms from sellers
before information will be released to closing agent. Sellers
often do not realize that equity loans are considered second mortgages
on their property and are required to be paid off at closing.
9. Foreign Seller -
Notify closing agent if your seller is foreign. (Discuss Foreign
Withholding)
10.
Proper
Funds
- Make sure to remind buyers they must have a cashier’s check,
certified check or wire transfer of funds to be able to disburse on
closing date.
(Florida Good Funds Law states that
we can’t accept any personal funds over $500.00 at closing.)
11. Open
Communication - THE BEST TIP IS TO HAVE VERY OPEN
COMMUNICATION WITH YOUR CLOSING AGENT.
Getting Started:
We
are eager to help you answer any questions you have and to guide and
represent you every step of the way to successfully sell your home. Contact us
today by email or call us or stop by and let us help you plan
where to begin.
Licensed
Real Estate
Broker - Joseph J. Tavolacci
4 Tavolacci Realty
Inc. Locations
- Serving You:
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