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Nine Simple Steps You Can Take To Ensure Your Home
Sells For Top Dollar
- Emotional appeal - Make sure your home
looks, feels and smells its best. You're competing with
2000 to 3000 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.
- Read my "How To Show Your Home" Free
Report 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!"
- 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.
- 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. 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 buyer’s.
- Non-traditional advertising -83% of
buyers looking for a home in the $*** to $*** price range
are first-time homebuyer. Many first-time homebuyers 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
Albuquerque Journal.
- 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.
- 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. Years of research 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.
- 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!
- 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.
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