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Home Seller
Information
Pre-Listing Home
Inspection
It is pretty safe to assume that a buyer who contracts to buy your house will
want to have a professional whole house inspection conducted. Most sale
contracts are written with a "contingent upon an acceptable whole house
inspection" clause. So why not wait until you have a buyer who want and
will pay for an inspection? While many sellers do wait for just this
situation, there are a few compelling reasons for you, the seller, to invest in
a professional whole house inspection before listing your house.
1) If you are planning to do any cosmetic repairs before listing your
house, an inspection may reveal additional defects that your cosmetic repairs
could have masked. A pre-listing inspection gives you the opportunity to
fix possible underlying problems right the first time. This saves you the
time, trouble, and money of fixing a seemingly small repair, then finding out
there is a larger problem, forcing you to destroy your work, fix the underlying
problem, and then do the cosmetic repair all over again.
2) You will know, in advance, of defect. You will have an
opportunity to repair them before the first potential buyer ever sees your
house. Experience has shown that when a buyer, through their own house
inspection, finds a defect, they tend to look for more.
3) A completed whole house signals to buyers that you are a
conscientious seller. If a buyer is torn between two houses - your house
and another that has not been pre-inspected -- it is very possible that they may feel
more comfortable with yours.
4) It removes an "unknown" from your selling process. There are
plenty of "unknowns" when you sell a house -- when will it sell? How much
will it sell for? Will the buyer's financing be approved? By
discovering (and repairing) any defects up front, you remove at least one
uncertainty from the selling process.
Why You Need A Realtor
The majority of home sellers take on the task with an ally: a Real
Estate Agent. They feel that it is better to entrust the sale of their
biggest investment to a professional, rather than attempting to learn about
selling a house in a trial and error method. In addition, many people
would rather use an Agent due to the complexities of modern Real Estate
transactions since they usually incorporate legal and financial attributes,
which takes them well beyond more simple transactions, such as the sale of an
automobile.
Some of the other advantages of working with Agents that home sellers will
list include: access to the Multiple Listing Service (MLS) so that large
numbers of buyers will have access to the seller's property, the fact that the
Agent absorbs all of the cost of advertising and marketing, and the screening
that will be done of potential buyers by Agents. In addition, the Agent
handles the lion's share of the details of negotiation.
Deciding whether to use an Agent or not has a great deal to do with what you
feel the level of your capabilities are. If you feel fully confident that
you can handle all of the details, then you may well want to attempt selling
your house on your own. If not, you most likely will want to use an Agent
and leave the details on them.
How To Get Top Dollar
When Selling Your House
Give your family members assigned jobs in advance that will go into action
when a short-notice showing is scheduled. Everyone must know their duties
and carry them out, so that they do not end up banging into one another trying
to get everything done quickly.
Open every window covering. All drapes and curtains. Blinds should be
positioned to let in maximum light. Buyers like a house to be "light and
bright," so accommodate them! Turn on as many lights as possible.
Make sure the house smells good. Baking cookies, often recommended, may
be overdoing it, but pet odors, smoke, or greasy cooking odors definitely will
not work! Air out the house just before they arrive.
Six very important words: no clutter, no clutter, not clutter!
Make sure that everything is spotless. Pay particular attention to the
bathrooms and the kitchen. In the bathrooms, towels should be fresh and
clean, sinks and baths scrubbed, and the floor freshly cleaned. In the
kitchen, make sure all the dishes are put away and countertops and sinks
cleaned.
Check the thermostat to make sure that the house is at a comfortable
temperature.
Remove pets from the house, or at least, keep them outside. Pets under
foot will quickly put a damper on an otherwise positive showing.
Make sure Fact Sheets are available and easily accessible. (The dining
room table is an ideal place for them).
If you are using an Agent, leave. If this is not possible, make
yourself as inconspicuous as possible. If it is comfortable outside, go
there until the buyers leave. If you are selling on your own, of course,
you do not have this luxury.
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