‘Tis the Season to Buy & Sell!
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| 'Tis the season to Buy and Sell!
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| Who’s bringing eggnog? Biz
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Archive for the Category ◊ Buyers & Sellers Tips ◊
So you want me to sit Open House for your property? |
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| No. I will hold “Brokers Open” which is for Realtors to preview your property. But I will not sit an Open House where the general public has access to you home. Why? Let me ask you this: Do you want people you don’t know going through your house checking out your possessions? Sure, you’ve been told to hide your valuables or even remove them during the time your home is on the market. But what about that prescription medication in your bathroom? Hey, those credit card and bank account statements sitting in your desk look good to an identity thief! And that big TV sitting in the living room of your vacation home that is vacant most of the year? | |||
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| So on one hand, I don’t sit Open House to protect YOU, Mr. & Mrs. Seller. I only allow access to qualified buyers who are ready, willing and able to buy your home and are accompanied by a licensed Real Estate professional. You DO want to maximize the potential for the sale of your home rather than letting anybody off the street in, don’t you? Even if they are not “casing the joint”, Open Houses are used by many buyers to walk through homes in which they have no interest other than to learn the market or to validate a decision to purchase another home. | |||
| On the other hand, I don’t sit Open Houses to protect myself as well. Let’s just advertise the fact that I will be in a house in the middle of the day when no one else is around and there are even signs leading right up to the front door! Realtors have been raped and killed at Open Houses, I have no interest in becoming a statistic. Sit with another agent you say? Well, the State of Hawaii prevents law abiding citizens from carrying a firearm for personal protection. Guess who carries firearms? The not so law abiding citizens with intent to commit a crime. Even if there are several agents with me, a can of pepper spray is not going to do anything to deter an armed intruder. | |||
| Most experienced agents pass off (yes, I said “pass off”) the duty of sitting open house to newer agents because they tell them “If you sit Open House at my listing maybe you will get a potential buyer coming in that does not have an agent!” Or I’ve heard agents say, “I’m sitting Open House this weekend and hope to get a buyer!” Or “Maybe I’ll get a lead on a potential listing!”
Sitting Open House is a very passive form of marketing your home. They are used by real estate agents to convince sellers that they’ll be doing everything they can to sell their home, and they disrupt the lives of sellers with little or no value added to their goal of selling their home. |
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| Whoopty-Doo. “Maybe” and “Hope to”are not key points in my Real Estate business plan… I know that Real Estate is local in its nature, and I’m sure there are areas of the national market where Open Houses do work to some extent to sell homes. And I know I’m going to get blasted as a heretic by those agents. So be it. Would you rather have a passive agent who sits around your house on a Sunday afternoon “Hoping” or an agent that is “Doing” by actively and aggressively marketing your home? I know which one I’d rather have if I were selling my home…
Aloha from Hawaii, Biz
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Getting your home ready to sell? |
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| Here are some guidelines for getting the exterior of your home in market-ready condition. Potential buyers are going to see the exterior of your home before they even consider going inside. I have actually driven up to homes listed For Sale with buyers and turned around without even getting out of the car.
Some of these tips are geared for Hawaii Homeowners, but they are appropriate for almost all areas. I didn’t include winterizing for cold weather for obvious reasons. And it’s 90 degrees in the shade today and I’m sweating like a horse. |
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7. Inspect windows and screens.
You want to make sure these are in good shape and your windows are sparkling clean for showing. I’ve heard some agents say remove screens so windows shine even more, but I would want to know if I was buying a house the screens are intact. Hawaii mosquitoes are the size of Labrador Retrievers… 8. Consider adding more insulation. Even if your home is properly insulated, it’s not a bad idea to take a peak in the attic and other visible locations to make sure cellulose or fiberglass insulation isn’t smashed down or blown away in any places-this significantly reduces its efficiency. Good insulation will help your AC system run more efficiently and save on the electricity bills.
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9. Paint unfinished exterior surfaces. A fresh coat of paint will help your home sell. But don’t use it to hide termite or structural damage; you need to disclose this. Or the Lawyers will come back and bite you… 10. Waterproof decking surfaces. Exterior wooden decks especially should be treated with a water sealant or seal & stain product at least every couple of years or so. Check into how to properly maintain non-wooden surfaces as well, they can sometimes require treatment too. 11. Lawn care and landscaping tune up. Remember, a lawn that’s well maintained will help your home sell. Plant new landscaping features and trim back the gnarly ones. 12. Pool cues. If you have a pool or fountain make sure the lining is not cracked, tiles are not missing and the water is sparkling clean. Nothing says, “Don’t Buy Me” faster than a dirty pool. 13. Repair and seal cracked or loose concrete. A common problem on driveways, garage floors, and on patios; chipped or cracked concrete should be repaired and sealed before putting your home on the market.Potential buyers are going to notice a driveway that is in disrepair and assume the rest of your home is as well. Remember those first 90 seconds and a good first impression? I could probably think of a few more but like I said, it’s 90 degrees in the shade today and I am going to go wallow in my pool with just my eyes above water to cool down.
Aloha,
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Why I won’t list your House. |
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| On average, buyers make a decision about your home within the first 90 seconds – that first impression is critical to selling your home. How’s your home’s first impression?
You won’t clean up the yard. The inside is cluttered, smells like wet dog and stale greasy food. You will only allow the home to be shown on Sundays from 2PM-5PM. You won’t let me put my Sentrilock Lockbox on the door so we can keep track of who is showing the property. Oh, and that wet dog smell? You insist on leaving the dogs in the house when it is being shown. |
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Aloha,
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If you are a Hawaii Homeowner facing foreclosure you must read this! |
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| If you are a homeowner in Hawaii, you need to be aware of recent changes in the process here.
This is an overview of the law from the Honolulu Board of Realtors. Please get an lawyer if you are going to go through this process, and make sure he or she is familiar with the new law. |
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The Tax Man Cometh! |
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| Non Hawaii Resident US Citizens and Foreign Investors purchasing Real Estate in Hawaii must be aware that there are State and Federal Taxes due upon the their selling the property.
I’m not a lawyer or Tax Consultant and I did not sleep at a Holiday Inn last night. This is just a general overview for your information, do seek out the services of your tax professional for more information! |
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Tips to make your moving day easier.Not painless, just easier! |
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| I don’t know anybody that likes to move. Except for perhaps Moving Companies…
Organizing, weeding out stuff, packing it & moving it are some of my least favorite things. So I’ve put together some tips gleaned from my many moving disasters and some successes. Learn form me, Grasshopper!
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Well, that’s it in a nutshell, or should I say moving box… stressful, frustrating and more expensive than you thought; moving is not fun. I made a checklist you can download here to help you keep on track. But grit your teeth, get uber organized and “Git ‘er done”. Once you’re finished it is a great relief to be in your new place. Go out and explore your new neighborhood. Treat yourself to some chocolate. And you will forget all about it. Until your next move. Aloha,
UPDATE 7/24/11 I moved to a new place on June 30th. Did everything like I said in my article. Except for one little teeny thing. Remember that part about Labeling the Boxes? You need to be specific, especially on those last minute boxes that you will be throwing stuff in as the moving van is ready to pull out of the driveway. I labeled a box “Kitchen”. Thinking it was just extra kitch stuff, I left the box unopened at the new place for a couple of weeks. Ever know what a Rubbermaid Container full of cheese smells like after it has been sitting in 89 degree heat in Hawaii, closed up for weeks? I do now! So be VERY specific…and fear the Box O’ Cheese! |
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