Special
Report:
Ten Simple Steps You Can Take to Ensure Your Home Sells at Top
Dollar
- Emotional
appeal. Make sure your home looks, feels and smells
its best. You're competing with 900 to 1,200 other homes
for sale. Buyers buy on emotion… let your home be the
cleanest, freshest and cheeriest, and you'll have a much
faster sale… at a higher price.
- Read my
"How To Show Your Home" flyer very carefully. If
your home is logically a good value, but a buyer doesn't
feel warm and emotionally attracted to the home, it will
not sell. Buyers buy on emotion, not logic. You'll want
lots of people to say or think, "Wow! This is nice! I
would like to live here!"
- Lots of
light. For maximum effect, turn every light on, even
on a sunny day. Open all window shades. Clean your
draperies and curtains. Make sure your windows are
spotlessly clean. Let the sun in and keep those lights on.
Leaving all your lights on for two hours costs only 23
cents, and makes your home look larger and more spacious.
- Weekly open
houses. You can't expect to sell a house quickly at
the top price unless you get lots of buyers inside to see
it. There are more than 1,000 homes competing with yours
for attention. Your home must be exposed to buyers
regularly and repeatedly to get a fast sale at the full
price. Weekly home showings are the key to the success of
my Hotline Tour of Homes, giving my clients fast,
full-priced sales.
- Constant
exposure. Your home won't sell unless buyers know
about it. To get top dollar, be sure to have your home
repeatedly exposed to qualified, ready-to-buy buyers. Some
brokers charge you a discount commission, then don't
advertise your home. This is a mistake. The $500 or $1,000
you save in commission is more than offset by a sale price
of $4,000 or $10,000 less than what you would have
received if your home had been properly marketed.
Remember, buyers can't know about your home unless you or
your buyer has a marketing plan to ensure that your home
is brought to the attention of home buyers.
- Non-traditional
advertising. 83% of buyers looking for a home in the
$*** to $*** price range are first-time home buyers. Many
first-time home buyers don't even know they can afford a
home. They don't know that owning a home costs less than
renting. They think that they need 20% for a down payment,
plus closing costs!
If your home is in the first-time homebuyer price range, a
substantial portion of your marketing dollars should be
aimed directly at first-time homebuyers. This means
advertising and marketing in areas other than the "Homes for
Sale" classifieds or Sunday Open Houses.
- Education. First-time
homebuyers are more likely to pay top dollar for your
home. If your home is in the first-time homebuyer price
range, make sure that your marketing program shows
first-time buyers the benefits of home ownership and how
affordable your home is. Design a marketing plan to get
first-time home buyers to see the inside of your home.
- Multiple
signs. Many home buyers don't even see traditional
"for sale" signs, because they aren't actively
thinking of buying. They often don't realize that they can
afford a much nicer home. The strategy of an additional
sign in the yard shatters the "advertising protection
armor" that every consumer wears. Ten years of
testing by U.S. Home and Realty Companies,
has proven that a second bright-yellow sign,
hand-lettered, will result in more inquiries, more
showings, a quicker sale, and a 3% to 5% higher price for
your home.
- Aggressive
Target Marketing. Lots of buyers will buy your home
for less than it's worth. The secret in getting top dollar
is to find a buyer who is perfectly "matched" to
your home. Right now, there are at least ten buyers who
would love to own your home, can afford it, and would pay
a fair asking price… if only they knew about it! Some of
these buyers may not even be thinking of buying yet, but
if they knew about your home would love it! It takes a lot
more than just a sign in the yard and an ad in the paper
to market a home effectively. Aggressive target marketing
will find those buyers!
- Create
urgency. The Rule of Full Price states that if a buyer
feels the asking price is fair, and has sufficient sense
of urgency, he will pay the full asking price. Example: My
weekly showings of my listings to more than one buyer at a
time creates a feeling of urgency. Prospective buyers feel
an "auction effect" because of other buyers
showing interest in your home at the same time. I have
found that the more buyers I can show your home to at the
very same time, the higher the feeling of urgency. The
auction effect causes people to become more excited and
enthused about your home, thereby creating a sense of
competition and urgency which results in full price sales
for 96.5% of my clients.
This report has
been prepared by Referral Financial
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