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Dave Sekunda

"As-Is" Strategy is not wise for FSBO or Listed property owners

01-26-09
Dave Sekunda

Selling your home "as-is" is a viable strategy in the minds of some fsbo and listed sellers, but it doesn't free you from making legally mandated disclosures. Buyers likely will be suspect about your home's condition and many will not even look at it or engage you in conversation, many agents may also assume you are "hiding" a defect and will not comply with lender required repairs. Even if the buyer doesn't ask about the condition of your home, not telling what you know could leave you liable for non-disclosure after the sale closes. It is really hard to prove that you didn't know of an issue even if you had it repaired. The point is there "was" an issue and you should disclose. A buyer may try and use this against you after the sale, forcing you to possibly being liable for costly repairs. "As-is has nothing to do with non-disclosure of known defects," It simply means you are not providing any guarantees to the buyer as to the condition of the property and will not make further credits, repairs, or price reductions for any problems known or unknown with the property. Again it also says if a buyers lender requires certain repairs prior to closing that you "The Seller" will not comply with any lender required repairs. Do you really want to lose a sale because of a few outlet covers and a cracked window? You could be turning away anyone who will be seeking FHA financing for your home. Agents can tell this difference and may not even show your property if their buyer is seeking such financing. Beyond helping remove liability by allowing you to make clear and specific disclosures, inspections offer additional benefits. · Inspections indicate your honesty, openness and willingness to identify your home's "as-is" condition. · Your inspection report, provided it's completed by a Professional Home Inspector, could convince the buyer further inspections are not needed, saving both of you time and unknown surprises from coming up last minute. · Inspections, before you list your home, can give you time to correct problems and provides a buyer with the full picture of your home and its potential value. If a buyer finds that you have provided a home inspection report and also offer a Home Warranty this will add value to your asking price, possibly a value higher than what it cost you.

For more information on selling tips go to www.springfield.getmoreoffers.com

Flat Fee MLS starting at $399.00

Springfield Missouri FSBO can now list for FREE on www.springfield.getmoreoffers.com

01-19-09
Dave Sekunda

Are you thinking about selling your home For Sale By Owner? Make sure you list your home on www.springfield.getmoreoffers.com. You can take advantage of some FREE tools we have available:

You may also upgrade your FSBO for more exposure to 100's of websites with auto-posting to craigslist & more!

Contact us at 417-881-5656 or just send us an e-mail Click Here

Flat fee & more service than a "traditional" Real Estate Broker starting at free FSBO listings.

01-19-09
Dave Sekunda

10 Things "Traditional" Full Fee Brokers won't offer Sellers

1. Choice- Traditional brokers give sellers only one way to sell their home, Realty Choice gives sellers 5 MLS listing Choices and For Sale By Owners (FSBO) 2 Choices.

2. Price- From our Free FSBO listing Choice to our flat fee discount MLS listing Choice’s starting at $399, Realty Choice gives sellers a menu of plans to fit any home selling budget. Fees to fit your budget…not ours

3. Control- Cancel Anytime Free of charge.

4. Seller Online Listing Control Panel- From changing your listing price to uploading photo’s of your home, Realty Choice give home owners access to real estate forms, their own property webpage, brochure template & so much more.

5. Marketing Choices- Sellers can control the home marketing exposure by the plan they choose, or add additional marketing for low costs without changing your plan.

6. Live Client Support 8am to 8pm 7 days a week- Only Realty Choice offers a “NO voicemail” approach to our client service.

7. Multiple listing discounts- Realty Choice offers clients with multiple listings to save even more.

8. You sell pay no Commissions- Realty Choice offers Sellers the ability to sell there own home to a buyer they found and pay NO commission with 5 of our 7 listing plans.

9. Realtor.com Showcase- Not every agent has this service available, with Realty Choice we can “Showcase” your home on the nations largest home search site with up to 25 photos of your home with a link to your homes exclusive webpage for full details.

10. ComfortBUY- Realty Choice is the only company to offer our buyers a free home service plan with every home purchase, if for any reason they are unhappy with their home purchase or they need to sell in the first year, we waive 100% of our listing fee. Free…

To learn more about Realty Choice in Springfield Missouri and how we can help everyone who wants to sell their home go to www.springfield.getmoreoffers.com

Don't let the name Realtor become a Dirty Word!

01-11-09
Dave Sekunda
"It is not the strongest of the species that survive, nor the most intelligent,
but the one most responsive to change."
~Author unknown, commonly misattributed to Charles Darwin

Real estate has always been a industry known for its low bar of entry, in fact a High School Diploma is not needed in most states or even with many real estate companies. 7-9 days of formal training to get a license is about all that is needed to secure a license and a test, also for a few hundred dollars the local Board of Realtors will let you call yourself a Realtor. NAR sits back and collects dues and lobbies on behalf of "Public Interest" and "Realtor Image" while doing little in telling the public how important they have been in protecting homeowner interest and how important it is to use a Realtor, All I have seen is image ads out of NAR on Realtors. We as Realtors in Missouri point fingers at un-licensed Home Inspectors and Un-licensed Mortgage loan officers as part of the problem without looking within our own ranks for answers for our own lack of professional requirements.

Many Realtors are excellent at what they do because they spend the time needed to learn the job and carve out that area they are best at doing. But does it justify the commissions earned on some transactions?
Many Realtors are their own worst enemy when it comes to believing that "Change" is not in the air. They fight change with every turn, thinking that those who have changed with the times are hurting the industry.

For years the public and yourself included has shopped price for every service and product known, prices has always changed with the times and public perception of a industry many times can by formed by its price; As with the current situation in Detroit with the big three and the autoworker who makes $30.00 plus an hour wanting a bailout, or the Wall Street guy who makes millions in bonus's while his company fails, We are entering a new era and I hope the term Realtor is not considered a four letter word out of our greed and lack of professional requirements.

I just read a blog by another Realtor who charges discounters as people that lack experience, poor negotiation skills, don't advertise, take money upfront without selling the property, poor service etc. I guess this Realtor has not seen a "Traditional" Realtor guilty of the same, or maybe she has convinced herself that if you don't pay her high fee you will be taken advantage of and lose equity in your home. I guess she has never been to a Wal Mart or flown a discount airline or anything, Using scare tactics to get people to list with them is the same as stealing in my opinion, If I had a dime for every listing I saw a Realtor take that did very little for their client I would be rich. Every-time a listing expires without any activity the owner holds the Realtor to blame, even if it is not their fault. We make our own beds!

Defending commissions with so called "better service" or "more experienced" or some new tool will only last so long. Realtors have been finding new ways to "defend" their fees with the public while the public is finding new ways to save on commissions. Try to google flat fee mls or discount realtor, I did and was shocked!

My business model has now changed with the times, I offer discounted real estate services to the public for a fair price, I can offer this service because I don't have some huge company telling me what I have got to charge the public, I don't have a broker who takes a huge cut of my commissions and I am learning that fancy ads in the newspaper that crush the checkbook don't sell houses. If you can lower your cost of doing business while maintaining great service you can pass those savings on to the public and get more.

I have joined the Addvantage Real Estate Network and you can check out our site at www.springfield.getmoreoffers.com it's just about done and now I can offer clients services I couldn't dream of as a traditional Realtor. Our clients can control their own listings with a exclusive client control panel and more.

When you give people what they want Resistance disappears..





15 ways to help get your home SOLD!

11-17-08
Dave Sekunda

The following strategies are working to get homes sold in the Springfield, Missouri market! Not every one of these strategies will be right for your home, and not all would be something you would consider. However, a few well-chosen ideas can make the difference in the sale of your house. Make sure to discuss these with a qualified Realty Choice Agent . If you are NOT MOTIVATED, you will not find these strategies as viable options and that is okay. These ideas are only for serious sellers that must sell their home in the next 90 days or less.

1) Price it carefully...This is not the time to let ego get in the way making a sale, Consider the advantages on getting a better deal on the home you purchase, don't let a $20,000 equity position get in the way of buying another home with a LARGER equity position. Meet with one of our Agents who can help you analyze the market and position you to stand out from the pack. There is a lot of competition and you cannot afford to blend in with the hundreds of homes for sale in the Springfield market.

2) Condition is critical in the sales process. Ask us for suggestions to improve the sale ability of your home. If your home lacks updates and you would consider your home just average, an average price will not be good enough.

3) Review with your Realty Choice agent carefully current market statistics in your area, including the absorption rate of homes like yours in the area.

4) Consider using a Realty Choice agent to list your home, We are one of the only Real Estate companies in the Springfield area that does NOT diminish your equity by charging a large listing fee, we earn our fees by selling Real Estate not listing and waiting for another Agent to sell our listings. We save home owners tons in listing fees. This allows our sellers to price their homes to be MORE competitive.

5) Ask our agent for a plan of action and strategies they will use to sell the home.

6) If your home is not under contract within two to three weeks, consider taking another look at the price. Most homes today that sell, do so within the first 45 days if priced well.

7) Make your home as accessible as possible. Showing it is an inconvenience; however, the one buyer you turn away may be the right one! I have seen so many sellers make this mistake only to have that buyer find another home and buy it that same day! Be Ready!

8) Remove clutter and any other distractions from the property. Make minor repairs, Curb appeal is key to success, make sure your home looks great from the driveway.

9) If the home is not under contract in 30 days, ask your agent to do a complete re-analysis and also present a new game plan. Time is money and you can't assume your agent is aware of any NEW listings in the area that compete with your home.

10) Look at your competition with your agent, at least online if not in person.

11) If possible, try to work with the offers you get without countering. Buyers often walk away from counteroffers because of the amount of choices available, we recently had one couple make one offer to the first three homes they liked and walked away from every counter offer, the fourth seller did not counter and SOLD! Once you sign an offer you ARE "Under Contract".

12) Consider a home warranty to offer potential buyers, also consider having your home inspected and provide a report to potential Buyers.

13) Consider allowing your agent to disclose motivation in the remarks sections of the MLS. Buyers are looking for motivated sellers.

14) Consider offering increased commissions or a sales bonus to the Buyers agent this will help drive traffic to your home, Make your home stand out to the agents as well.

15) Consider offering to pay closing costs or other incentives to help your property stand out from the pack!

Consider that for each month your home is on the market because of a slightly higher price you lose that much more because you are making interest payments on your home. If your monthly payment is $1500 per month and it takes 6 months to sell, 6 x $1500 = $9000.00 in equity gone!