Checklist for selling

[Anonymous]

Anonymous wrote:We have been looking for a move on ready home. We can't find it. The only move in ready are new constructions. All previously owned homes we are looking at have a host of issues. If it was just minor issues like paint etc we would jump on them.

Are you looking in areas where the existing homes are not tear downs? If they're not tear downs, then you just find one with a list of work that you can deal with. Things like new appliances or a new A/C unit can be done quickly.

With every home we've bought, there was a list of things to be fixed. Some of the items we fixed and some we passed along to the next buyer. Move in ready =/= perfect condition.

[Anonymous]

Anonymous wrote:It sounds like there are no broken items and you already decluttered and cleaned.

Realtors will tell you to do all sorts of things that cost money. Ignore them. They're all either things that won't actually net you more money at closing or they're funding their buddies who give them kickbacks.

Realtors are happy to tell you to put $25K into your home when it will make it a little easier for them to do their job but will net you less at closing.

Negotiate the commission with them. Look at Redfin and other discount brokers. Listing agents can't squeeze more from buyers, so just pay as little as possible to yours.

Good realtors don’t do this at all. They really don’t.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We have been looking for a move on ready home. We can't find it. The only move in ready are new constructions. All previously owned homes we are looking at have a host of issues. If it was just minor issues like paint etc we would jump on them.

Are you looking in areas where the existing homes are not tear downs? If they're not tear downs, then you just find one with a list of work that you can deal with. Things like new appliances or a new A/C unit can be done quickly.

With every home we've bought, there was a list of things to be fixed. Some of the items we fixed and some we passed along to the next buyer. Move in ready =/= perfect condition.

+1. The vast majority of homes have some deferred maintenance. If you cannot deal with any of it, you do need a new build.

[Anonymous]

Be ready for an inspection that lists a million things you never thought were wrong with your house. Then be prepared to throw money at in the contract negotiations. Much easier for the buyers to fix stuff than you. They’re usually willing to accept a blanket amount for this.

[Anonymous]

Plant some colorful annuals or pick up a basket /planter by the door. I feel like flowers help make a house seem welcoming, vibrant, and desirable.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It sounds like there are no broken items and you already decluttered and cleaned.

Realtors will tell you to do all sorts of things that cost money. Ignore them. They're all either things that won't actually net you more money at closing or they're funding their buddies who give them kickbacks.

Realtors are happy to tell you to put $25K into your home when it will make it a little easier for them to do their job but will net you less at closing.

Negotiate the commission with them. Look at Redfin and other discount brokers. Listing agents can't squeeze more from buyers, so just pay as little as possible to yours.

Good realtors don’t do this at all. They really don’t.

Do you mean that good realtors don't negotiate commission?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We have been looking for a move on ready home. We can't find it. The only move in ready are new constructions. All previously owned homes we are looking at have a host of issues. If it was just minor issues like paint etc we would jump on them.

Are you looking in areas where the existing homes are not tear downs? If they're not tear downs, then you just find one with a list of work that you can deal with. Things like new appliances or a new A/C unit can be done quickly.

With every home we've bought, there was a list of things to be fixed. Some of the items we fixed and some we passed along to the next buyer. Move in ready =/= perfect condition.

+1. The vast majority of homes have some deferred maintenance. If you cannot deal with any of it, you do need a new build.

True. Move-in-ready means that you can live there with basic functioning systems. You can take a shower, go to the bathroom, there's a kitchen that works even if appliances are aging, the roof doesn't leak, etc. You might be looking at replacing some systems or appliances soon, but you can live there now.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It sounds like there are no broken items and you already decluttered and cleaned.

Realtors will tell you to do all sorts of things that cost money. Ignore them. They're all either things that won't actually net you more money at closing or they're funding their buddies who give them kickbacks.

Realtors are happy to tell you to put $25K into your home when it will make it a little easier for them to do their job but will net you less at closing.

Negotiate the commission with them. Look at Redfin and other discount brokers. Listing agents can't squeeze more from buyers, so just pay as little as possible to yours.

Good realtors don’t do this at all. They really don’t.

Do you mean that good realtors don't negotiate commission?

No I mean they don’t push for needless fixes and upgrades. They do recommend staging though. People will poo poo it but it’s proven to make a difference