Today I want to talk about the two biggest mistakes you can make in terms of remodeling your house before selling it. When it comes to remodeling, remember that nobody wants to buy your home—they want to buy their home. With that in mind, the first big mistake you must avoid is remodeling specifically to your tastes. The chances of any buyer having the exact same tastes you do are infinitesimal. To learn what else you should avoid when remodeling your home before listing it, watch my latest video.
Today I’m answering a question submitted to me by one of my subscribers: “What kind of remodels should I do before selling my house?” In terms of what generates the best return on investment, there are three remodels you can take on. The first is installing a deck. Not only are they cheap to install, but a nicely-built one can add a lot of curb appeal to your property. To find out what other remodels you should do to your house before selling it, watch my latest video.
Today I want to talk about the five things I ask people to consider whenever they ask me if they should sell their home. The first consideration is the taking into account of your money, equity, how much you owe on the house, and how much the house is going to sell for. These calculations will reveal how much money you’re going to get out of the transaction. The second consideration is whether the home is too big for you. For the rest of my considerations that will let you know whether it’s time to sell your home, watch this short video.
Why should you work with a Realtor who plays poker? A poker player understands the human psychological phenomenon called being "pot committed" better than almost anyone else. In poker, being pot committed is the point at which you've put too much money into the pot for it to make mathematical sense for you to fold. A good real estate agent knows that you can take advantage of this phenomenon in real estate, too, by allowing as many people as possible to get emotionally invested, or pot committed, in your home. For a full explanation of how this helps you maximize your sale, watch this short video.
What do appraisals mean for both the buyer and seller? An appraisal itself is something a buyer pays for and a bank performs to ensure that the loan they’re extending is protected. Whether you’re a buyer or a seller, an appraisal can affect the value of a home in unforeseen ways. For instance, if you’re a seller and your home’s appraisal comes out for less than what you’ve been offered, the buyer can request that you lower the price. To find out more, watch this short video.
Today, I want to share the one thing Realtors know about you that they use to their advantage. According to the National Association of Realtors, 85% of you will hire the first Realtor you interview. That means Realtors typically don’t worry about their performance. Watch this video to learn more!
Today, I want to talk about the myth of the neighborhood agent. Some sellers will select an agent because they live in the same neighborhood. These sellers think that the neighborhood agent has some secret knowledge that will help sell your home faster and for more money. The truth is, it doesn’t matter where your agent lives! There are a few questions you can ask to find the right agent. To find out what they are, watch this short video!
Did you know hairdressers spend 300 hours studying for their certification, while Realtors only study for 90? It’s true. That’s why today, I want to talk to you about my book, All Realtors Are Not Created Equal: 7 Questions You Need to Ask Before You Hire a Realtor. This book will help level the playing field when you’re interviewing agents so you can hire a true professional. To learn more, watch this video!