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You’ve likely heard more than you care to about the “dangers” of overpricing your home. Most real estate agents have swallowed up this industry-wide obsession, yet the “perils” are largely a myth. Hard facts debunk the voodoo – and we’ll gladly share them with you. We’ll carefully analyze data-backed market trends to price your home properly. Not too high. Not too low. You guessed it: just right.
Selling your home often means saying goodbye to a treasured possession – even when you’re excited to move on. You’re invested emotionally (and financially) and we understand the unwillingness to sell quickly if it means selling unwisely. We’ll dig for comparable listings and crunch the numbers specific to your location – not anyone else’s. In the end, we’ll suggest a sales price consistent with your unique needs and objectives.
True. Reckless overpricing can keep serious buyers away. But under-pricing leaves money on the table. We’ll help you find the sweet spot that ensures both your home’s highest price tag and the fewest days on the market. So, while we’re committed to fact-driven pricing, the Goldilocks Principle still applies.
My team and I will present you with a marketing plan that’s dramatically different from our competitors. Ours is simple, concise – even elegant – and built on what we know about how people find and choose houses.
Turns out that all but 3% of home buyers find their dream homes in one of only four ways. So, we focus 100% of our marketing efforts on these four channels.
Just like our approach to pricing, our marketing plan is based on known facts about home-buying behavior – many of which may surprise you. Want to see the specific data? We’d be delighted to share it.
Selling your home requires striking a deal beyond price: possession terms, inclusions, inspection contingencies, and much more. It’s a delicate needle to thread: Push too hard and a buyer can walk; concede too quickly and the buyer walks all over you. Sound intimidating? We actually love the process (so you don’t have to)!
We’ll be “intelligently aggressive” promoting your best interests every step of the way. First, we’ll help you separate your “must-haves” from “nice-to-haves”. Next, we’ll lay out your options on every negotiated point – from the most aggressive stance to the position least likely to raise a red flag for your buyer. Then, fully informed, together we decide on the best strategy.
Rest assured, we will demonstrate the utmost respect for the folks on the other side of the table, and we’ll help you make the small, intelligent trade-offs that win the key items most important to you.
You may want to sit down for this one: Completing a residential real estate contract is not for the faint of heart. These contracts typically require 199 information items – and the sales price fills in only one “blank.” The other 198 represent significant opportunities to make the contract safer and more favorable.
For example, if you’re not careful in choosing your closing date, you stand to lose an extra month’s interest on your current mortgage loan. Or, depending on whether the calendar year is even or odd (we kid you not!) tax rules apply that can affect your bottom line by hundreds of dollars.
We’ll attend to these details to maximize your financial gains. Our expertise means you save money, based on detail-driven contract preparation that can easily add up to more than one percent of your home’s total sales price. That’s an extra $2,500 in your pocket on the sale of a $250,000 home.
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Heather Lessar
Broker Associate | Real Estate Advisor
About Me
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Putting your home on the market can be a stressful process, especially when you don’t know what to expect. Fortunately, with the help of an experienced agent and this easy to follow guide, you can smoothly complete the process. Following these steps will help you prepare so you can get organized and sell your home for the best price possible.
What do you want to accomplish with the sale of your home? Do you want to make a certain amount of money that you can put toward a larger or nicer home? Do you need to sell it as soon as possible to facilitate a move to a new city or area? Once you understand your needs, you can better craft your offer. For example, if you need to sell quickly, you might want to price your home lower than if your goal is to make a certain profit margin. Make sure you convey these needs to your real estate agent once you choose one so he or she can adjust your selling price accordingly.
Knowing how to price your home is one of the most important parts of the selling process. When you set a fair price in the beginning, you’ll get the most interest from other real estate agents and prospective buyers. Overpricing your home could lead to reduced interest, and underpricing leads to receiving less than what your home is worth. Working with a real estate agent is the best way to determine the right selling price for your home. An agent with experience can determine what other comparable homes are selling for, evaluate the current market, and may even suggest a home appraisal.
If you’ve kept your home in showroom condition since you’ve lived in it, you’re in the minority of homeowners. Once you price your home, it’s time to start getting it ready to be shown to potential buyers. This includes getting rid of clutter, depersonalizing the space so that buyers can envision themselves in the space, making any small repairs, and doing a deep clean to make sure your home is in pristine condition.
I will develop a marketing strategy that is perfect for advertising your home. This involves listing the home and then driving the right people to that listing through social media campaigns, agent-to-agent referrals, traditional media, or SEO advertising. My team creates a marketing campaign that aims to get the most possible traffic to your listing in the first three weeks after becoming a client.
Receiving an offer is an exciting part of the process, but it doesn’t mean the journey is over. I will evaluate each offer and make sure the party making the offer is prequalified or pre-approved by a mortgage lender and that their offer is acceptable to you. If the offer is too low, you can make a counter-offer or offer other ways to bridge the gap, such as covering some or all of the closing costs, making repairs, adjusting the move-in date, or leaving some appliances or fixtures for the new buyer.
Once I deem the offer is acceptable, I will review the proposed contract to make sure it’s all in order and includes the necessary components such as deposit amount, down payment, financing, inspection rights and repair allowances, contingencies, settlement date, and a list of fees and who will pay them. When both parties have agreed to the term, a final contract will be prepared by your agent.
You have accepted an offer and are now very close to the end of your selling journey. But first, you and the buyer must make a list of what needs to be done before closing. In some cases, your home may need to be formally inspected, surveyed, and appraised. In other cases, major or minor repairs will need to be made before the house can close. I will head up efforts to develop and execute this list, get each action item paid for by the correct party, and make sure everything is in order by the closing date. A few days before the closing date, we will call the company closing the transaction to make sure everything is ready to go. If you haven’t done so already, you also need to make arrangements to move out of the home so the new buyer can take possession.
You’ve reached the last step in the seller’s process. When you close on a home you are selling, you are legally transferring ownership of the property to the new buyer. I will meet with the company closing the transaction to sign the final paperwork and go over any issues that have not yet been taken care of. During this time, you can also make plans with your real estate agent to handle final details such as canceling utilities, cable, and lawn or trash services, changing the name on accounts that the new owner is retaining and ensuring the new owner has instructions for all appliances that will remain in the home.
Once you have sold your home, you’re free to take the next step on your journey. Whether this is relocating to a new city, moving into a larger home, or downsizing and enjoying your life as empty-nesters, knowing all your selling responsibilities have been taken care of will help you achieve peace of mind for your new path.
Discover the unmatched dedication, expertise, and passion Heather brings to every real estate transaction. With a track record of success, personalized service, and a commitment to achieving your goals, Heather Lessar is your trusted partner in making your real estate dreams a reality.