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: 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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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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