| To sell your home, you'll need more than
ads and signs. You need a proven strategy for attracting the best buyer to your home. And
Dan O'Brien and Berkshire Network/GMAC Real Estate can offer you just that with the
exclusive Home Marketing System. This systematic approach to selling your home is
designed to help you obtain... The
best possible price for your home...
with the most favorable terms...
in the shortest period of time...
with the least inconvenience to you.
Making it easier on yourself
Dan O'Brien and Berkshire Network/GMAC Real
Estate can help you sell your home more quickly and easily by:
- Implementing the proven Home Marketing System.
- Accessing an established local network and the
GMAC Global Relocation Services.
- Helping you set the right price on your
home to attract the right buyers and the sales professionals who work with
them.
- Gathering data that will present your
house and neighborhood in the best light.
- Targeting the market where the most likely
buyers will be.
- Handling calls form the people who may be
more curious than serious about buying.
- Representing you during the offer process.
- Doing the necessary paperwork and legwork.
- Guiding you through settlement.
Listing with a broker
A listing agreement is one of several types of contracts in
which you hire a real estate firm to find a ready, willing and able buyer for your home in
exchange for a set fee.
Three types of listing agreements:
1. With an exclusive right-to-sell agreement, the seller
pays a fee regardless of who produces the buyer. This fee covers many important services
that the sales professional performs above and beyond finding a qualified buyer.
2. If the seller finds a buyer, he or she is not obligated
to pay the fee in exclusive-agency listing. If the sales professional finds a buyer, then
a fee is paid to the real estate company.
3. An open listing is one in which you sign with several
real estate firms and give each authority to sell your home. It is typically less
effective than exclusive listing because the sales professional lacks the incentive to
make an all-out effort to sell your home.
Note: Your home could also be included in a multiple
listing service (MLS) as part of an exclusive listing. MLS gives your home greater
exposure in the marketplace.
Starting with you
Before the yard sign goes up, your sales professional and
you must do some homework - and it makes all the difference. With the Home Marketing
System, we'll combine your knowledge of your home with the experience of your sales
professional to make sure we can attract the best buyer.
Gather the facts
Buyers want to know details; having the answers is a powerful sales tool.
Dan O'Brien will use the information you provide to answer questions, create
an advantageous listing and create an exciting marketing campaign that
targets the right kind of buyer. Help Dan O'Brien by collecting or
providing the following information:
- The legal description of the property
- The number of rooms and their sizes
- A list of things not attached to the house that you're offering for
sale, such as window treatments, carpet, fixtures, swing sets, etc.
- Past utility bills, property taxes and insurance,
- Information about your mortgage, including the type, remaining
balance, terms and assumability
- Financing assistance, potentially through you r own lender
- Any liens against your property
- If you live in a condominium or townhouse, include a copy of the
association's declaration, bylaws, rules and regulations, financial
statement, and monthly fees and special assessments.
- Special items or improvements about the house. (Point out things that
may not be apparent on a walk-through.)
- The positive points about your neighborhood, such as demographic
information and proximity to services, shopping, schools and other areas.
- Any defects that aren't apparent. (You should inform Dan O'Brien about
defects so a buyer can be informed.)
Setting the price
Before you set an asking price for your home, Dan O'Brien will complete a
Comparable Market Analysis. Using this process, we will establish a
realistic and ambitious listing price and increase the percentage of
qualified buyers who look at your property. When setting a realistic fair
market value of your home, you'll want to consider a few points:
- Don't base your asking price simply on what you paid for the home.
You may be asking too little or too much.
- Determine how much time you have in which to sell your home. If you
must sell quickly, Dan may suggest a more competitive price; if you have
some flexibility, you may choose a slightly higher price.
- Ask Dan O'Brien to meet with you and evaluate the information on
recent sales of comparable homes in your area
- Don't price your home too high as a means of making more profit. You
will lose a large pool of eligible buyers who won't even look at your
home because they can't afford the price. Likewise, you'll disappoint
those buyers who can find more house for their money elsewhere.
- The value of your home is based on the buyer's perception of that
value, rather than the amount you originally paid for the house. Our
Home Merchandising System™ will offer tips on how to make your home even
more appealing to buyers.
Merchandising your home
As you prepare your home to be shown to prospective buyers, you must
look at your home through a buyer's eyes. With our Home Merchandising
System™ Dan O'Brien can help you spot the little things that buyers will
notice - things they might otherwise use to try to negotiate a lower
price. Ask Dan O'Brien for brochures about how to merchandise your home.
Here's a sample:
- Unclutter all areas of your home to create
an impression of spaciousness
- Clean everything thoroughly. Ask a friend
to help you assess your efforts - especially in sensitive areas such as
odor removal
- Neutralize your home by making any
improvements in neutral colors that appeal to any decorating scheme. Dan
O'Brien has helpful decorating informati0on available
In the yard
- Keep the lawn well trimmed and edged.
Keep trees and shrubs trimmed.
- Put away lawn equipment, toys and other
outdoor items. Stack firewood neatly.
- Repair and paint or stain fences.
- Check exterior surfaces. Make repairs,
clean or paint as needed.
- Clean, paint and repair or realign
gutters.
- Fix broken windows and screens, then
wash.
- Wash down the exterior of the house,
driveways and sidewalks. Fix holes in pavement.
- Check the roof and repair loose shingles
or flashing.
- Make sure the entry light and doorbell
work. Replace house numbers and welcome mat as needed. Paint, stain or
clean the door if needed.
- Brighten your landscaping with moveable,
potted flowers.
In the home
- Discard all unused items to reduce
clutter
- Arrange clothes neatly in closets.
Limit storage on the floor and overhead shelves.
- Leave kitchen countertops as clear as
possible. Clean and organize cupboard interiors.
- Check walls for smudges, chipped paint
and torn or loose wallpaper. Make repairs and paint surfaces in
neutral colors.
- Clean and organize the basement, attic
and garage.
- Launder window treatments and carpets.
Replace worn, stained or smelly carpeting.
- Tighten loose doorknobs, switch
plates, cabinets, drawer pulls and the like.
- Fix sticking doors and windows, and
squeaking floors and steps.
- Fix leaky faucets, and remove water
stains.
- Repair or clean caulking on tubs and
sinks.
- Replace all lights with higher wattage
bulbs and open all drapes.
- Arrange furniture to give an
impression of spaciousness in each room.
Showing your home
Berkshire Network/GMAC Real Estate will try
to give you as much advance notice as possible for a showing, but always
be ready to show your home.
- Ask Dan O'Brien is you should have
an open house, usually scheduled for a Sunday afternoon.
- Consider hanging a lockbox on your
to allow licensed sales professionals to show your home when you are
not there.
- Take the name and number of all
drop-in buyers and refer them to Dan O'Brien.
When your home is
to be shown
- Turn on all lights, including the
outside entrance, even during the daytime.
- Turn of the TV.
- Ask a friend to keep pets,
especially during your open house.
- Put out fresh flowers, your best
towels, a nice tablecloth, and other accessories.
- Try to leave when the sales
professional brings a buyer over, so the buyer feels free to ask
questions or to linger. If you stay, be polite but let the sales
professional handle the questions.
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