Once homeowners have arrived at the decision to sell their property, most want the transaction completed as quickly as possible. Sure, you can hire the best agent in town, price your home just right, and then market the heck out of it, but having a little bit of luck on your side and a few selling superstitions never hurt either.
When it comes to getting the deal done in a timely manner, sellers and agents have been known to rely on time-tested selling superstitions. Let’s take a look at 10 that are all but guaranteed to get that “Sold” sticker slapped on your “For Sale” sign in a hurry.
Selling Superstition #1. Appeal to the senses.
Here’s a sweet sellers superstition even if you’re not the least bit hungry, there’s something inherently appetizing about walking into a home and smelling a freshly-baked treat. While some experts recommend whipping up a batch of cookies, others say bread emits a scent that’s heartier, lasts longer, and offers greater olfactory appeal to buyers. Non-bakers will be glad to hear that sprinkling cinnamon inside a stove and turning it on low even for a few minutes will do the trick. Fans of savory versus sweet swear by roasting an onion, which is said to be enough to fool would-be buyers into envisioning hosting their very own Thanksgiving feasts in that home.
Selling Superstition #2. Bury a statue of St. Joseph in the yard.
Though St. Joseph was a carpenter by trade, he’d have made a pretty great Realtor ®, some say. It’s believed that burying a statue of the saint upside down (because this way he’ll want to get out faster) seems to have a mythical ability to sell homes in record time according to some seller superstitions . Unlike costly home renovations made in the hope of a quick sale, this statue won’t blow your budget. Kits, which include an accompanying prayer, start at $6.95.
Selling Superstition #3. Don’t do the math just yet.
Apparently the old phrase, “Don’t count your chickens before they’ve hatched!” also applies to real estate and selling superstitions. Triplemint agent Phil Reynolds says, “Don’t calculate your commission unless you’re negotiating it!! I’ve heard agents say it’s bad luck to calculate your commission before the deal closes.”
selling Superstition #4. A dimmer switch is a bright idea.
Some believe putting lights in dining rooms, bedrooms, hallways, and family rooms on dimmers will attract buyers who are drawn to the control they offer but wouldn’t necessarily devote to the time or trouble to adding the feature themselves, but not completely sure of this selling superstition.
Selling Superstition #5. Skip the zeros in superstitions.
While it might be tempting to price a home at a nice even number, selling superstition dictates that you’d be much better off choosing a random figure as it lends intrigue. Just do yourself a favor, and leave unlucky “13” out of it.
Selling Superstition #6. Throw in some amenities.
Buyers often fall in love with certain features only to be turned off when they learn that the exquisite chandelier or state-of-the-art appliance they coveted is leaving with the homeowner. Consider sweetening the pot by offering up a highly-desirable item and watch the bids roll in with this selling superstition.
Selling Superstition #7. Create a warm welcome.
If the home boasts a fireplace, and weather permits, set it ablaze. A roaring fire adds warmth — literally. Creating a charming ambience will definitely distinguish one property from another in a buyer’s mind. Make sure fireplace is clean for this selling superstition as to avoid the nasty smell of burnt wood.
Selling Superstition #8. Pretty it up with fresh flowers.
Another over-looked selling superstition is when a home is showing, you want it to look as fresh and inviting as possible. Flowers go a long way toward adding color and character to any space — even a pint-sized powder room. This trick holds true for the outdoors as well. Good landscaping has been known to shorten a property’s time on the market by as much as six weeks, experts note.
Selling Superstition #9. Don your lucky outfit.
Lady’s will love this selling superstition,the right outfit can boost your confidence no doubt. Triplemint Sales Manager Joan Kagan says she owns a “lucky closings dress.” Hey, whatever works!
Selling Superstition #10. Smudge it.
Some believe a home may have a “negative energy” lurking inside, which of course, can cause it to linger on the market long after it should’ve been sold. Smudging, a Native American ritual, in which cedar and white sage are burned either together or separately. Next a prayer or intention is said requesting that only positive energy enter the space as the negative flows back out says this selling superstition. It’s said that strangers often feel these emotions more strongly than the home’s inhabitants.
“I had a buyer who found out there was a cemetery not far from their apartment and didn’t close because she didn’t want to have ‘evil spirits’ in the house ,” Triplemint agent Greg Moers recalled. “She backed out of the contract and lost her deposit, so she was really against it. In the Asian culture, along with Feng Shui, this is a very big thing. They are against evil spirits of the dead to enter the house.”
So the selling superstitions can mean tons to any potential home buyer or home seller and although some may believe, there may just be some truth to these. Lets discuss your selling superstitions and get your home sold for the most money possible!
You are probably wondering that if a person can buy a house on their own, then why can’t they sell one on their own as a For Sale By Owner (FBSO) . Homes for sale in Farmington Hills, Michigan deserve a great Real Estate agent to market, stage, arrange appointments and screen buyers to assure they are pre-qualified and able to purchase your home and get you the best price possible.
Houses that have the sign stating “FSBO” (for sale by owner) do not make much profit. According to the National Association of Realtors, in 2017, 89% of the sellers sold their house through a real estate agent and 87% of the buyers hired a real estate agent for the purchase. A house sale that was handled by a real estate agent went for $249,000, whereas one that was handled by the owner went for $190,000.
A few difficulties that FSBO houses face include:
- Inability to set the right price
- Unable to understand the paperwork
- Not being able to sell the house within the planned time
- Failing to stage the house properly for the sale
- Not having enough time for giving people a house tour
Now that you know what awaits you if you put up your home for sale in Farmington Hills, Michigan, on your own, let’s have a look at the following reasons why hiring a real estate agent is more beneficial:
1. They Have More Knowledge about the Real Estate Market
You won’t be able to make a sound deal on your home for sale in Farmington Hills, Michigan, because both the parties, you and the buyer, are not familiar with most of the real estate terms. A loophole might become visible in the future that will negatively affect you both. This is where a real estate agent proves his worth. Not only is he up to date with the current real estate market trends, but he also knows what documents are needed to make the transfer as easy as possible.
2. House Is Priced Competitively
The real estate agent knows more about comps than you will ever find out on the internet. Comps are necessary for setting the price. They are the key to multiple offers. Why would you pass up on such a good opportunity!
3. They Have Several Online Marketing Strategies up Their Sleeve
A real estate agent has several connections, which allows them to market your house to the right buyers. They are recognized in the industry, which gives them the power to sell your house within a month.
4. High Profits In Homes For Sale Farmington Hills, Michigan
When a trusted and reliable real estate agent handles home for sale in Farmington Hills, Michigan, you can be assured that you will receive a hefty profit. Clients with whom he has been working for a long time will trust his judgment and might even agree to the asking price without negotiations.
Convinced why hiring a real estate agent, who will ask for a small commission (did we mention small), is such a good idea? If you think about it, a real estate agent has magical powers—sort of— that help you sell your house easily. If you are looking for such a competent real estate agent who will help you with your house’s sale, then visit Homes2MoveYou or call me 248-790-5594 and get your house listed and beat the upcoming competition.
Real estate is an industry where assumptions develop gradually and do not necessarily adapt as the market changes. Referring to inaccurate information is not good particularly in real estate. Do not fall for these Farmington Hills Michigan home selling myths.
Selling Without an Agent Will Always Save You Money
Dodging a real estate commission will not automatically result in a better bottom line for your transaction. Real estate professionals understand the market and understand the best way to position your property. Lacking that guidance, you may price incorrectly, waste valuable time, or fail to reach all the buyers. All of this can generate a lower sale price, possibly less than what you are saving on commission. There are many other costly mis-steps that you can make along the way when not guided by a knowledgeable real estate agent.
Pricing Is Irrelevant in a Hot Market
So, the real estate market is active and you wish to receive top dollar for your property. You hear a lot of talk about listings receiving greater than the asking price, so you start your house beyond the price of recently sold listings and anticipate an even greater sale price. This approach can be a huge error. Comparable houses may have sold for above asking price given their starting price was appealing. You should not expect that you will get above the list price regardless of where you start.
You Get Back the Entire Value of Money Spent on Property Repairs
This is one of the most common misconceptions. Unfortunately, the cost of home renovations is rarely recovered when a home is sold. Even though upgrades do increase the value of your property, the percentage is based on the type and extent of work. Kitchens and bathrooms, for example, tend to provide more than other rooms.
It Is Better to Provide a Concession Than Complete Repairs Ahead of Time
Offering a buyer incentive is not the best solution for addressing needed repairs. Some damages affect buyer perceptions. Despite the concession, potential buyers commonly lower their price further when a property shows poorly.
Location is Everything
Farmington Hills Michigan is that great neighborhood that everyone wants to live in. Given the high demand, people assume that it will be a profitable investment. However, the highly desirable neighborhoods are not always the best investment because values may be near the max. There might be little space for appreciation. Often times, the moderately popular locations produce better returns.
Staying Away from Farmington Hills Home Selling Myths
Purchasing a house is a significant investment. When it comes to buying or selling properties, it is critical that you are up-to-date and make smart decisions. Refer to real facts instead of the Farmington Hills Michigan home selling myths. Ask experienced real estate professionals like myself to assist you in the transaction. This will allow you sell quicker, for more money, and with less liability.