Homes Sellers Fare Better in Getting Their Home Sold Using a REALTOR®

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Are you trying to decide whether to sell your home on your own or hire a Realtor?  Check out this survey to help you make a decision:

Homegain.com conducted a survey on selling your home: For Sale by Owner “FSBO” vs. REALTOR®.  Homeowners were asked whether they used a REALTOR® to sell their home or whether they attempted to sell it themselves. 

83% said they used a REALTOR® and 17% tried on their own.

59% of homeowners that used a REALTOR®  to sell their house were successful vs. 39% of the FSBO’s reflecting a 50% higher closing rate for those using a REALTOR®  

81% of the homeowners that used a REALTOR® to try and sell their homes said they would use a REALTOR®  again for their Real Estate needs.

88% of the homeowners that used a REALTOR® to try and sell their homes said they would use a REALTOR®  again.

71% of FSBO’s who managed to sell their home on their own said they would try and sell their home on their own again.

The survey also pointed out that 24% of FSBO’s eventually enlisted the aid of a REALTOR®

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COST CUTTING TIPS TO PREPARE YOUR HOUSE FOR SALE

We have received questions from many concerned sellers on what is required of them when preparing their home for prospective buyers.  Due to the current economy we are seeing a large increase in the number of short sale homes available for sale.   Sellers in a short sale situation are concerned about the costs to prepare their home for sale so that it doesn’t sit on the market for a long time.  They also ask what needs to be done in order to fix their home up for sale for the least amount of money.

Here are a few inexpensive tips that will help you stage and sell your home more quickly:

  • Wipe down all of the walls and outlets of dirty fingerprints
  • Shampoo Carpeting
  • Wash the Windows and Screens
  • Vacuum and Dust often
  • Remove all books from bookcases
  • Pack up the knickknacks
  • Clean off everything on kitchen counters
  • Put items used daily in a small box that can be stored away when not in use
  • Re-Organize Closets and Pantry
  • Make Minor Repairs – Touch up any holes, scratches or damage to the walls and if you have touch up paint laying around, touch up these areas
  • Keep Lawns Mown and Watered
  • Trim Shrubs & Plant Colorful Flowers
  • Air out House of Musty or Pet Odors
  • De-Personalize – Pack up personal photos and heirlooms.  Buyers can’t see past personal artifacts and you want them to see the home.
  • De-Clutter – If you don’t need it, sell it, donate it or throw it away
  • Get a head start on packing, you will eventually need to do it anyway
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