The average FSBO home sold for $46,000 less than the average agent-listed home in 2013.

NARResearch-FSBO-StatIn December @NAR_Research hosted a Twitter conversation about some of the findings from the 2013  2013 Profile of Home Buyers and Sellers.  See highlights from the conversation here, but the screenshot above is one of our favorite tweets.  Our area doesn’t have a lot of For Sale By Owners, in fact, most areas don’t have more than 2% or so these days because of cold hard facts like this one.  The average FSBO home sold for $46,000 less than the average agent-listed home in 2013.

Remember, friends don’t let friends FSBO.  Refer them to us and we promise to take good care of them!  😉

Act Now to Sell this Spring!

Visit houselogic.com for more articles like this.

Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

5 Reasons to Hire a Real Estate Agent

 

5 Reasons

For most people, buying or selling a home is the LARGEST financial transaction they will ever undertake, that is why it’s so important to get an experienced and honest REALTOR® to help you with your real estate needs.  At Crown Realty, all our associates go through extensive training and have a huge support team!  Don’t leave it to chance!

– Paperwork

The Kansas City Association of Realtors® has a team of attorneys review our contracts every year to make sure they have everything we need in them.  Only a member of KCRAR can provide you with the proper contracts and addenda to make your transaction legally binding!  Did you know that the EPA can fine you thousands of dollars if you don’t have the proper Lead Based Paint Disclosures?  A Crown agent can help you avoid some costly mistakes.

2 – Process

In a typical real estate transaction, there are over 100 steps to a successful closing.  From showings, gathering feedback, receiving an offer, ordering title work, and everything else involved, it’s crucial that you have an expert on your team!

3 – Negotiation

The role of a Realtor® is to act as the middle man between buyer and seller in what can sometimes be a very emotional interaction.  At Crown, we are experienced negotiators, and as Realtors®, we are legally bound to do what is best for our clients!

– Values

Crown agents are members of Heartland MLS, and have access to an extensive history of comparable sales data, so we can help buyer determine what the best price to offer is and help sellers decide how to price their listing.

– Teacher

Realtors® are required to take continuing education classes every year, and at Crown Realty, we offer our associates plenty of additional training to keep everyone updated.  We believe staying on top of the market and current trends is crucial, and we love to share our knowledge with our clients!  Let us help you with your next real estate transaction!

Open House Timeline: Countdown to a Successful Sale

Our next open house weekend is July 6th & 7th.  So time to get started on this timeline!  (The first step is to list your home with a Crown agent by June 1st!)

——

Open House Timeline: Countdown to a Successful Sale

By: Dona DeZube

Published: May 6, 2011

An inviting open house can put your home on buyers’ short lists.

 

Four weeks before the open house

  • Ask your parents to babysit the kids the weekend of the open house. Then book a reservation for your pet with the dog sitter or at the kennel. Having everyone out of the house on the day of will help you keep your home tidy and smelling fresh. Plus, no dogs and no kids equal more time for last-minute prep.
  • Line up a contractor to take care of maintence issues your REALTOR® has asked you to fix, like leaking faucets, sagging gutters, or dings in the walls.
  • De-clutter every room (even if you already de-cluttered once before). Don’t hide your stuff in the closet—buyers will open doors to size up closet space. Store your off-season clothes, sports equipment, and toys somewhere else.
  • Book carpet cleaners for a few days before the open house and a house cleaning service for the day before. Otherwise, make sure to leave time to do these things yourself a couple of days before.

Three weeks before the open house

  • Buy fluffy white towels to create a spa-like feel in the bathrooms.
  • Buy a front door mat to give a good first impression.
  • Designate a shoebox for each bathroom to stow away personal items the day of the open house.

Two weeks before the open house

  • Clean the light fixtures, ceiling fans, light switches, and around door knobs. A spic-and-span house makes buyers feel like they can move right in.
  • Power-wash the house, deck, sidewalk, and driveway.

One week before the open house

  • Make sure potential buyers can get up close and personal with your furnace, air-conditioning unit, and appliances. They’ll want to read any maintenance and manufacturer’s stickers to see how old everything is.
  • Clean the inside of appliances and de-clutter kitchen cabinets and drawers and the pantry. Buyers will open cabinet doors and drawers. If yours are stuffed to the gills, buyers will think your kitchen lacks enough storage space.
  • Put out the new door mat to break it in. It’ll look nice, but not too obviously new for the open house.

Week of the open house

  • Buy ready-made cookie dough and disposable aluminum cookie sheets so you don’t have to take time for clean up after baking (you can recycle the pans after use). Nothing says “home” like the smell of freshly baked cookies.
  • Buy a bag of apples or lemons to display in a pretty bowl.
  • Let your REALTOR® know if you’re running low on sales brochures explaining the features of your house.
  • Clean the windows to let in the most light possible.
  • Mow the lawn two days before the open house. Mowing the morning of the open house can peeve house hunters with allergies.

Day before the open house

  • Make sure your REALTOR® puts up plenty of open-house signs pointing in the right direction and located where drivers will see them. If she can’t get to it on the Friday before a Sunday open house, offer to do it yourself.
  • Put away yard clutter like hoses, toys, or pet water bowls.
  • Lay fresh logs in the fireplace.

Day of the open house

  • Put checkbooks, kids’ piggybanks, jewelry, prescription drugs, bank statements, and other valuables in the trunk of your car, at a neighbor’s house, or in your safe. It’s rare, but thefts do happen at open houses.
  • Set the dining room table for a special-occasion dinner. In the backyard, uncover the barbeque and set the patio table for a picnic to show buyers how elegantly and simply they can entertain once they move in.
  • Check any play equipment for spider webs or insect invasions. A kid screaming about spiders won’t endear buyers to your home.
  • Clean the fingerprints off the storm door. First impressions count.
  • Put up Post-It notes around the house to highlight great features like tilt-in windows or a recently updated appliance.
  • Remove shampoo, soap, toothbrushes, and other personal items from the bathtub, shower, and sinks in all the bathrooms. Store them in a shoebox under the sink. Removing personal items makes it easier for buyers to see themselves living in your house.
  • Stow away all kitchen countertop appliances.

One hour before the open house

  • Bake the ready-to-bake cookies you bought earlier this week. Put them on a nice platter for your open house guests to eat with a note that says: “Help yourself!”
  • Hang the new towels in the bathrooms.
  • Put your bowl of apples or lemons on the kitchen table or bar counter.
  • Pick up and put away any throw rugs, like the bath mats. They’re a trip hazard.

15 minutes before the open house

  • Open all the curtains and blinds and turn on the lights in the house. Buyers like bright homes.
  • Light fireplace logs (if it’s winter).
  • Didn’t get those cookies baked? Brew a pot of coffee to make the house smell inviting.

During the open house

Get out of the house and let your REALTOR® sell it! Potential buyers will be uncomfortable discussing your home if you’re loitering during the open house. Take advantage of your child- and pet-free hours by treating yourself to something you enjoy–a few extra hours at the gym, a trip to the bookstore, or a manicure.

Get Your House SOLD!

Visit houselogic.com for more articles like this.

Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®