Ten Simple Steps to Ensure Your Home Sells at Top
Dollar
1.) 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.
2.) 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!"
3.) 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.
4.) 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.
5.) 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.
6.) Non-traditional advertising. 83% of buyers looking
for a home in the $275,000 to $345,000 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 in the Grand Rapids Press.
7.) 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.
8.) 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 in Grand Rapids, Michigan 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.
9.) 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!
10.) 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.
I am not a salesperson, I am a marketer of homes.
As a free service, I am happy to prepare a Marketing Plan for your home.
This Marketing Plan comes to you free of charge, and without obligation. I'll show you
the most cost-effective places to advertise. I'll show you how to slash your ad costs,
while at the same time tripling your ad response. I'll actually prepare ads for you that
cost very little to run, and obtain results far out of proportion to anything else you
could try.
This Marketing Plan is yours to use even if you sell your home yourself
or list with another broker. It comes with "no strings attached" and absolutely no
selling.
Why do I do this? Because I've found that helping people like you market
their homes for no obligation brings me even more business. When I help you, you will
tell your friends and associates about me. That brings more business to me than I could
ever attain by "selling." It's all part of my personal philosophy of helping, rather than
selling. I believe (and have experienced) that the more people I help, the more business
that comes my way.
So, please, feel free to call me without any commitment or
obligation. You can call me at (626) 394-3451.
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