Charlie Ragonesi Big Canoe Realestate's Blog: Look at the Market !!!! Seller and Realtor Advice

Look at the Market !!!! Seller and Realtor Advice

Often times we work with Sellers who are, very rightly so, house proud. Being house proud is important. But you must look at values. So for example if you need new kitchen counter tops and your home is in the 200k and under price range then you are not going to get your money out of replacing the old ones with granite. Use a great new ( less expensive) laminate instead.

The point is talk to you Realtor about your market and sprucing up. This is more true today than ever due to the new way we do appraisals.

If you are a Realtor approach your sellers as follows: "What you are doing is great. It is beautiful. I wish you were working on my house. But understand, if you are doing this for pride then go ahead. If you are doing it to increase the value of your home then look at less expensive alternatives."

Helping sellers in this tough market save money on upgrades and repairs is a valuable service we as Realtors provide. So do not over look this when taking to people about listing. The folks at All Mountain Realty address this issue in all our listing presentations

8 comments • Charlie Ragonesi 706- 579-1098 • February 17 2010 07:45AM

Comments

I just love it when a seller wants my opinion of what to invest in to get their home ready to sell.

Posted by Katie McBride (RE/MAX Executive Realty) 5 months ago

Charlile, really good advice. I tell Sellers who are getting ready to sell and market their home that we will not get the ROI on any major improvement. A little paint and getting things sparkling is our best thing to do. You are also so right about just living in our homes and maintaining them. The landscape has changed. The builders and developers are using less expensive materials and the footprint becomes smaller and smaller. Great post!

Posted by Jeanean Gendron ~ Redding & Shasta County Specialist (Coldwell Banker C & C) 5 months ago

I leave this type of message with buyers on move it. Don't over build/remodel for your location. Some homes will never be the best home in the neighborhood and the owner shouldn't add amenities that will price their home above that level.

Posted by Glenn Roberts - Seattle Residential (Lake & Company Real Estate) 5 months ago

sonetimes taking them out and showing them what is on the market that they are competing with helps them get a good idea.

Posted by Terri Onigkeit GRI (Keller Williams of Northern Colorado) 5 months ago

ToulaRosebrock,com

Hi Charlie:

You are right on target!

Great advise for sellers...

Posted by Toula Rosebrock -Broker/Sales Associate, Realtor, Lacey Township, Ocean County, (NJ, Diane Turton, Realtors, Forked River, NJ) 5 months ago

There are times when I take the seller to see their competition. Wow, their eyes pop out.

Posted by Harry F. D'Elia, Investor , Mentor, CSSN Radio Coach, REOs, Networker, ePRO (HomeSmart International) 5 months ago

Good advice!  Too many sellers buy into some of the things they hear from product salesmen and do not realize they will not always get the ROI they are expecting with expensive improvements.

Posted by Michael Delaware, CRS, e-Pro (Troxel Realty Co. LLC) 5 months ago

Charlie ---- you are so right -- if only sellers would listen to their Realtor on issues such as these.
                                                                                                                   

Posted by Liz Loadholt- AgentOwned Realty- Covering SC 5 months ago

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