Understanding the Real Estate<\/a> Process from A \u2013 Z \u2013 A Seller\u2019s Guide to Real Estate \u2013 Part 4<\/b><\/p>\n<\/div>\n \u00a0<\/p>\n This is the fourth post of a series in an FAQ format that I hope will help would be sellers better understand the real estate process that they are about to go through. There will be a follow-on series for real estate buyers<\/a>.\n\t\t\t\t<\/p>\n<\/div>\n \u00a0<\/p>\n FAQ \u2013 I signed the listing<\/a> documents and the house is on the MLS; what\u2019s my role now?<\/b><\/p>\n<\/div>\n \u00a0<\/p>\n correct. Remember the \u201cthree C\u2019s\u201d from the second post in this series \u2013<\/p>\n \u00a0<\/p>\n If you followed the advice<\/a> that I gave in the first post you got yourself a GOOD Realtor\u00ae and during the listing process, he\/she produced a Market Analysis that gave you good advice on the market value of your house. Hopefully you heeded that advice and have priced the house properly IN the market\u00a0Price<\/b>\u00a0is not an issue. If he\/she hasn\u2019t already done so, you might assist them in taking the interior<\/a> pictures. If it\u2019s winter now, perhaps you might have some summer pictures that they could use. The main thing is that is be straightened up and neat for the pictures.<\/p>\n<\/div>\n and not just thrown it ON the market at some overvalued price. So, let\u2019s assume, for the moment, that<\/p>\n \u00a0<\/p>\n That leaves\u00a0Persistence\u00a0<\/b>and\u00a0Perseverance<\/b>, which are things that the agent is counting on you for during the listing. You must persist everyday with the necessary straightening up and cleaning that are necessary to make sure that the house is show ready when you leave for work or start the rest of your daily tasks. The realtor<\/a> is also counting on you to preserver through the persona hardships that may occur during the listing. Life cannot go on with \u201cbusiness as usual\u201d when you rare listed. There will be showing request that conflict with something else that you or the family would like to do. Those requests must take precedence, since every showing request was made by the person who will want to buy your house (or at least that is the way you must think).\u00a0<\/p>\n<\/div>\n \u00a0<\/p>\n Listing the house can be especially hard on families with small children or with pets. They don\u2019t understand what is going on and it can be frightening and traumatizing for both children and pets.<\/p>\n<\/div>\n Some families have turned the morning routine of straightening up and putting away toys and things into a game with their children to help make it easier on them. You will need to make a special effort to help children understand why you are selling the only home that they may have ever known and why it\u2019s going to be alright, maybe even better, where you plan to live next. It\u2019s also a time to get them used to packing up their stuff for the coming move. That will help de-clutter the place for showings, too.\u00a0<\/p>\n \u00a0<\/p>\n It is important that visitors be alerted by the Showing Appointment Center that there are pets in the house, if they are to stay in the house during showings. Some visitors may have severe allergies to the dander in the air from pets and need to be alerted. Don\u2019t be surprised if some showings get canceled because of that issue. It may be necessary to arrange for pets to go to day care at a local kennel, if you can\u2019t take time out to go home and remove them for showing or crate them for the day. Cats pose their own problems for Realtors<\/a> and visitors (would they have it any other way?) and it may be necessary to confine them to certain rooms if they behave aggressively with visitors or may<\/p>\n<\/div>\n aggressively try to escape when visitors open the door. Even docile cats who may run and hide when strangers come into the house and may surprise visitors later if they run out from under a bed or hiss at a visitor who gets too near. Certainly extra attention must be paid to cat litter boxes during the listing, so that the odor does not become an issue for visitors.<\/p>\n \u00a0<\/p>\n Many Sellers ask what their role in during showings and the answer is simple \u2013\u00a0BE GONE!<\/b>\u00a0I\u2019ll cover that role of the seller in more detail in a follow-on post.<\/p>\n<\/div>\n \u00a0<\/p>\n Another role for the seller during the listing is working with their Realtor to evaluate the feedback that they are getting and to take the necessary steps to adjust the listing. The adjustment recommended most often is to the price, but there may be other suggestions that come out of the feedback, perhaps about something that was missed during the preparation to list and still needs to be fixed. Perhaps the feedback will finally convince the seller to clean to replace the soiled carpeting or do something now about the cracks in the basement walls. It is likely that a GOOD Realtor would have already mentioned those items, but was initially ignored by the owner\/seller.<\/p>\n<\/div>\n \u00a0<\/p>\n Your Realtor will be executing his\/her marketing plan, which will include publicity and exposure in a variety of media but that doesn\u2019t preclude you from letting your friends and family know about it being listed. Quite often someone in that circle may have had a secret desire to get into your neighborhood for year, maybe they even wished they could be in your house. Help make their dreams come true by telling them it is for sale. They may have friends who have told them to keep an eye open for any homes that come up in the neighborhood.<\/p>\n<\/div>\n \u00a0<\/p>\n One thing that you can be almost certain will happen is that would-be buyers will want to know what your utility bills run per month and for the year. If you haven\u2019t already done so, save some of those bills and go back and see what you paid during the winter months for heating. Buyers will also ask to see the Master Deed and By-Laws, if you live in a condominium complex (including site condo developments in Michigan) or just the HOA By-Laws if you live in a platted sub with a mandatory HOA. You should have those or can get them from the association. Make a copy and get that to your listing agent.<\/p>\n<\/div>\n \u00a0<\/p>\n Another thing that might help with buyers is a list of the improvements and updates that you have done within the last 2-3 years. Don\u2019t go back 5-10 years because those improvements will be old by now. While a new roof or a new furnace are important, they are considered to be more about maintenance than upgrades. A new granite counter top or an updated bathroom will be more important to would-be buyers. A fresh coat of paint<\/a> is not an update; it is just something that is almost expected when you go to sell a house<\/a>.<\/p>\n<\/div>\n \u00a0<\/p>\n So, your role, now that the house is listed is to be diligent about keeping it in great, show-ready shape, being patient and persistent, and working with your realtor to make it as easy as possible for buyers to go through. I\u2019ll cover more on that in a later post.<\/p>\n<\/div><\/div>\n [ad_2]![\"\"](\"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2023\/01\/2a0efcd8ddb331a75056d50fbc12a695-1.gif?resize=196%2C200&ssl=1\")
There\u2019s a tendency to think that you have no role in the marketing of your house; but, that is not\u00a0CONDITION, CLUTTER and CLEANLINESS<\/b>? That was not a one-time commitment on your part to get the house ready for the market; those three things must be maintained through the listing period and until closing. Success during the listing period is dependent upon the \u201cthree P\u2019s\u201d of real estate \u2013\u00a0PRICE, PERSISTANCE and PERSERVERANCE<\/b>.<\/p>\n<\/div>\n![\"\"](\"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2023\/01\/49bb3e5976a6d4f5af682c7fdde88ce2.png?ssl=1\")
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