Friday at 5pm the dreaded call came in. "Sally - my buyer just lost his job. His company folded and closed the doors. We can't buy your listing".
My mind screamed. My seller was in escrow on his new home and HIS seller was moving out that day! We were 12 days from closing.
Crap. This is when the rubber meets the road.
So I shifted into gear. Facebook. Post. Email to my 20 year Marketing Group. Check. Email to the 105 Realtors in my office. Check. Changed status in the MLS. got it. A little prayer to The Big Guy. Done.
18 hours later "Sally I have a buyer in a short sale who is fed up - I'll bring them over. This might work." A Realtor I notified.
18.5 hours later, this: "Sally - I have a cash buyer interested in your home... hopefully writing an offer", from another agent in my office I had emailed, (and my new best friend).
Showings from the MLS??? None.
28 hours later we are in contract with an all-cash-close-in-24-days offer.
Hallelujah, ring the bell, do a dance and shout like....... well YOU know what to shout like!
Everyone's happy. Two escrows are back are track.
What did it was the network I have spent dozens of years forming. Realtors in the most productive Fair Oaks real estate company who trust me. Friends who believe me. Clients who know I'll tell them the truth. All that created the interest and buzz to get it re-sold within a day.
But mostly Nick Kellogg, with Lyon Real Estate, who is my new best friend. He did it.
Thanks Nick!
I LOVE this. i just made this clip with the help of my Lyon Fair Oaks Office, for use at the end of my seller-oriented videos.
Get Listed... Get an Offer... Get Moving is our company slogan which is plastered on billboards all over town. I thought I would make use of that and the fact that our office is so teamwork oriented. We all truly help each other with our businesses, and have a culture of support.
It's super short... What do you think?
A tale of two sales. Both homes listed after advise, tweaking, repairs, decluttering, late night spent on pricing strategy and market analysis.
Seller #1 after accepting an offer within one week. "Wow, I'm an easy one for you. You barely had to do anything to earn your commission." Hmmm think I. He wants me to reduce my commission, I bet.
Seller #2 after accepting one of two offers within one week on the market. "Wow - you were worth every penny. No one can believe we sold so quickly. And for full price! You really know your stuff!"
I asked him what he meant by that. "Intellectual property is worth its weight in gold," Joe says. "You didn't fall off a turnip truck and list my home. I know you have spent years perfecting your craft. We did everything you told us to do, and it all made us money. YOU made it work because of your knowledge... your intellectual property." Seller #2, Joe, is an event planner. He gets it.
As an agent, I tend to forget how powerful the years that I spent learning these things are:
All that is called Intellectual Property. And it's worth something. Just ask Joe!
©2011 Sally Dunbar
Everyone knows the three most important factors in real estate... LOCATION, LOCATION, LOCATION. But when you sell your home, there are three factors that are even more important.
No don't scream at me. Location IS important. But once you own a home, you can't change the location. Or the floorplan. Or the direction if faces on the street. Or interest rates. Or whether there are buyers looking.
Nope... you can't change any of those. But there are three factors you DO have control of, and that's where you need to focus your attention.
Price, condition, and marketing. These factors are all you can change. Pick the wrong price - you are dead in the water. Buyers will scoff at you... "Geez.. who do they think they are? This isn't even good carpet! And get a load of the dated paneling! Ha!"
At the RIGHT price, they will say "Wow. This carpet is doable. And the paneling we can deal with - it might look good painted."
You can sell in any condition, but it will be reflected in your price. Spiff it up, and the buyer will pay more. "Wow. This home has been taken care of. I bet we won't find any hidden problems." If it's funky, they'll say "Man what a dump. I bet this is the beginning of what is wrong. This place is so tired and abused." Buyers will deduct more from the value than you would have spent fixing it up.
And marketing? Gone are the old days of sticking it in the computer and crossing your fingers. Staging, professional photography, virtual tours, video marketing, multiple internet sites, blogging, realtor tours, open houses... it takes a lot to sell a home. The average in my area takes 90 days. And that is not time spent twiddling your thumbs. It takes work.
As I say in my video - The Wrong Realtor Can Ruin Your Whole Day.
Take my word for it, and find a good one.
And yes... I am available.
Fair Oaks, Ca is a charming community on the banks of the American River, upstream of Sacramento. Over 100 years old, it has one of the few Old Towns in the Sacramento area, plus beautiful neighborhoods composed of craftsman and traditional homes. And chickens?? Yep, we're known for our wandering chickens... a few of whom you will hear in my introduction!
I hope you enjoy this tour. Fair Oaks is a great place to live!
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