Showing posts with label for sale by owner. Show all posts
Showing posts with label for sale by owner. Show all posts

Saturday, June 27, 2015

STOP! How to get Realtors to stop calling, endlessly.


"Stop calling me! Don't send me anymore emails, text messages, postcards, flyers, calendars, magnets, pens, etc....get it"?!!!

"Why in the world do real estate companies make public websites available, so I can look anonymously; but, then require me to put in ALL my contact information to access them? And, then start with the endless and relentless contact efforts. Don't they get it? If I want to talk to a Realtor, I will find one and call one. Ugh".

I totally get this...and, I'm a Realtor! I hate shopping for cars, insurance, furniture; actually, anything that is going to barrage me with unsolicited phone calls or spam. I feel your pain. I do. I absolutely freakin' do.

We are not out to get you

But, can I share something with you? I don't know about any other real estate professionals out there, but, I do know for myself; my initial contact, sincerely is to help. You can trust me (funny, all salespeople say that), when I tell you...it is not all about the money. Honest.

I wrote and published this blog, to help alleviate some of the pressure you feel when the onslaught of "reach outs" begin. Simply by knowing that we really can take "no" for an answer; and, we aren't trying to convince you to buy a home or sell yours in first 30 seconds of communicating with you, may ease your mind.

I'm confident, it's a mixed bag of property peddles out there. Everyone from Guido on the corner, with his trench coat full of keys, belonging to the most decrepit fixer upper; to Mother Teresa speaking blessings over your new Habitat for Humanity home. So, how do you know which one is Mafioso and which one is divine messenger, before answering the call? You don't. That's the truth.
But, at the same time, you do need a car, insurance and a home...or you wouldn't have inquired. Come on, now...I do have a good point.

Accept it...and have a little faith

However, acknowledging and accepting the fact that these two types of Realtors exists; will help you squash the feeling, that all of us are on the side of evil telemarketer. Understanding, for as many whack jobs that are floundering about; there are equal amounts of genuinely caring agents, that really, really, really want to help. We will assume, that not every prospective client is in their line of work, just for the money. Neither are we.

Okay, so my linear blogging sucks today; but, what I am aimlessly trying to express is...take a chance. We won't ask you for your home address and be pounding on your door in 5 minutes, invite you into our office to sign your life away to a mortgage, or send you an infinite email campaign of properties...and heck if we do, tell us to stop! This is your property journey. Your choices.

I say live on the wild side, have a little faith in people, Respond to an email. Pick up the phone. Send a text back. Give us an opportunity to show you, our style of relating, our education, our experience, our passion for you, our new client! Nothing is more exciting to me then speaking to a budding new client, that took a chance, and spoke with me; and, I know soon I will be handing them the keys to their little piece of the American Dream.

Take a chance. It's worth it.

You're taking a gamble on real estate...why not take a gamble on a Realtor. The odds are in your favor (and we do comprehend the term "just looking").

Take a chance! All life is a chance. The man who goes farthest is generally the one who is willing to do and dare.

Read more at http://www.brainyquote.com/quotes/quotes/d/dalecarneg132642.html#RjvMyfCZZ5mRs0Qx.99



Sunday, June 14, 2015

FSBO = Forfeit Savings By Obliteration. Not, For Sale By Owner.


SO! You want to sell your home...(by yourself).

Awesome. No really, awesome. I'm a Realtor in the minority that says more power to you! It's not because I think "cool, you'll save so much money" (well, you actually will save some, if done right); but, more so because, I give major kudos to any unlicensed professional that knows exactly how to complete a home transaction sale, without any help from a Realtor. And, yes, asking a relative or friend with a license counts as help.

Aside from an air of sarcasm you may sense in my comments, I mean them with all sincerity. Let's face it, real estate is not brain surgery; however, we also don't get our license out of Cracker Jack box. We've taken the time to become knowledgeable, in order to pass a state and national exam; and exert additional effort after we are licensed, to stay current with new laws affecting those buying and selling real estate. We really do care about protecting our clients.

8 or so reasons to be a FSBO (until you reach #5)

That said, let's go over the steps it takes to accomplish a FSBO (For Sale By Owner).

Let me begin by telling you what I really think FSBO should stand for...Forfeit Savings By Obliteration.

Yep, I sure do. If I say nothing else in this blog, please here this...if you don't lose money, at the very least you'll lose time. And, what is that old saying, "time is money". Enough said.

Mindset of a FSBO (fyi...before being a Realtor, I was a FSBO):

1. Look on Zillow, Trulia, Realtor.com, Craigslist, etc., to get the true value of my home.

2. Put my home on every internet site known to man; and, then stick a box out front with some cool flyers.

3. Hold an Open House or two, with signs peppered along the neighborhood streets.

4. Show the house (it's easier to show it when I'm selling it, because the buyers have to work around my schedule). LOL.

5. Receive an offer, and review it. Geeze, I hope I don't miss something. Do I have all the paperwork? Who opens title? What are my closing cost? Do I call a lender for that or the title company? When do the reports all have to be done? What happens if there are problems with the reports? Do I have to pay for all the repairs?

6. I need to call someone. I don't want to hand over that extra 3%! I need that money.

7. Wait. The appraisal didn't come in at value; and, now they say they aren't going to buy it. Oh no, we are in contract, and they ARE buying it! What loan disclosure? I think we missed that page.

8. What? I just got to the title company to close, and the check was like thousands of dollars less than I was expecting to receive! HUD-what Statement...what's that?

Okay, well...up to about #5 you were Gucci, right? Trust me, I remember that feeling of "did they write this BRE contract in another language (like ig-pa atin-la)?!!! I also recall the feeling of debilitating fear and steadfast stubbornness at NOT calling a Realtor. Yet, I called; and, then I became one (mostly, because I really, really wanted to help people avoid my same pitfalls).

Can we REALLY talk, now

Can we talk, now? Let's get down and dirty here; truth be told, a FSBO happens because of money. You don't really care who "shows" the house or makes the schedule. And the old excuse, I don't want strangers in my home when I'm not there; uh, do you know that Realtors have to be fingerprinted and pass a FBI and State background check before we get that little Star Trek thingy to open your home up? I think you're pretty safe with us.

Back to the money. Just for kicks and giggles; let's go with a fact for a minute, instead of an assumption, and see what that looks like:

According the National Association of Realtors, 2014 the average FSBO sales price was $174,900; and, the average sales price of a home with Realtor representation was $215,000. That is a $40k-ish difference! So, see selling your home with a licensed professional will bring you a higher profit; as well as, coverning the commissions.

Another interesting NAR fact:

Most difficult tasks for FSBO sellers:

    • Understanding and performing paperwork: 18%
    • Getting the right price: 13%
    • Preparing/fixing up home for sale: 12%
    • Helping buyer obtain financing: 3%
    • Attracting potential buyers: 3%
    • Selling within the planned length of time: 7%
    • Having enough time to devote to all aspects of the sale: 6%
Statistics-Shamistics, blah, blah, blah. But, wait...what about that little "fact" of $40,000 more on average, in your pocket, if you list with a Realtor. At the end of the day, which is more important pride, time or cash? I am confident, that is the one answer that needs no stats. Yeah, that just happened. Call a cool Realtor.