You need to assemble a
complete book (folder or binder) that describes
your home.
It should be made available for viewing while
buyers tour the home.
The book will contain:
color photographs of your home,
legal description of the property,
before and after pictures of any home
remodeling,
itemized summary of paid utilities bills
for the year,
take-one flyers with property description,
termite inspection,
seller notice of condition,
other required inspections: radon,
asbestos, lead paint
Please mark that the book must remain in the
home after the tour. Clearly identify those
flyers that can be taken during a visit.
2. Visitation Log Book
Keep a log book to record
the names and phone numbers of buyers / agents
that view your home.
This is especially critical for FSBO sellers.
You need to record whether the buyer was a walk-in
or was brought to you by an agent. You want
to avoid disputes with an agent that may claim
a finders fee when the actual buyer found your
home through your advertising.
Use the log book to call the buyer the next
day. Your call might reveal a change that you
could make that would interest them to make
an offer.
Even though you have thoroughly cleaned and
prep the home, you must still live in it between
showings. Messes will continue, especially if
you have children.
Be prepared at a moment's notice to tidy up
and vacant your home so that the agent or other
can show it.
Suggestions on being prepared:
limit bathroom use to 1 bathroom during
the day
keep a set of clean towels handy
have available sanitation wipes to wipe
down bath/kitchen
have available disposable floor wipes
to dust/mop floors
use paper dinnerware for lunch/dinner
for immediate discard
make sure bedrooms are cleaned early
in the morning
limit children toy's to 1-2 items that
can be easily picked up
have vacuums, dusters, etc. available
for quick cleanup
Make sure your yard and
front entrance are tidy.
Remove any papers and debris that have blown
onto the property.
Let There Be Light
Open all window shades.
Let as much sunlight in the home as possible.
The exception is where a beaming afternoon sun
can make a room hot. Simply turn the shades
up to filter some of the rays out.
Turn on your table lamps, especially those lamps
that have a prominent position in the room.
Turn on chandeliers, ceiling lights, and sconces.
Again, make every room stand out.
Turn on your bathroom and basin lights.
If you have ceiling fans, turn them on at a
slow speed.
Use judgment on the number of lights you switch
on. You want to create an lighted atmosphere
without over doing it.
Make Space
Open 1-2 cupboard doors
in your kitchen to display the size of the storage
space.
Open the main closets throughout the house.
Make sure the closets have been prepared as
described in our get the home ready .
Remove the cars from the garage and park them
on the street. You want to display a full garage
with ample room to walk around.
Protect Yourself
Remove any valuables from
the premises.
Store jewelry and other valuable pieces in a
safe, hidden place. Agents are trained to screen
actual buyers from potential thieves. But they
can miss them. Don't invite anyone to take something
of value.
Create a Nice
Atmosphere
If the weather is nice,
open a couple of windows part way
allow sounds from the outside in, unless of
course your home in next to a throughway.
Some experts suggest you bake some fresh bread
to fill the home with a pleasing smell. Even
some suggest leaving a plate of cookies on the
counter. Your option. What's more important
is a clean, tidy house that is bright, cheery
and open.
Showing Your Home:
Agent Showing
Your agent will schedule
all showing appointments.
They should notify you in advance so that you
can prepare and vacant the premises.
Be prepared to show your home within 30 minutes,
if necessary. Though most agents will give you
a timely advance notice.
You need to keep your home
tidy and presentable while you are still using
the home.
That's is tough to do, especially if you have
children. Limit your their access to 1-2 toys
so that you can pick them up quickly.
Likewise, limit your family's use of a bathroom
to one so that the other bathrooms can remain
clean. Expect a stressful time during showings.
In most circumstances,
your agent will have access to an entry key
that is maintained in box that hangs from your
door.
You should vacate your premises prior to the
arrival of prospective buyers. This will allow
open discussion between the buyer and agent
about what they like and don't like about your
home (information you can obtain later from
your agent).
If you happen to be at home when the agent arrives,
greet the buyer politely, invite them to tour
the home as long as they need, and then excuse
yourself by going shopping or getting a cup
of coffee.
When the agent calls to
schedule a showing,
remind them to sign the log book that will be
placed next to the house book (mostly likely
on the kitchen cabinet or dining room table).
Return to your premises only after the agent
and buyer have vacated your home. Immediately
contact your agent (who will contact the cooperative
agent) to discuss the buyer's interest. Sometimes
buyers can be persuaded to make an offer if
certain changes can be made.
Showing Your Home:
FSBO Showing
Phone
Call from a Buyer:
Your first contact with
a potential buyer may be by phone.
Since you are now acting as the agent, you need
to screen your buyers.
First, collect some marketing information to
start the conversation:
how did they find your home (what media)
what attracted them to call for information
what are they looking for in a home
answers to these questions will pinpoint your
selling points when showing the house and gauge
marketing tactics that work.
Next, screen your buyers
to avoid showing your home to just anyone (why
waste your time).
Screening questions:
do they
own or rent their current residence:
find out if there is anything that will
prevent them from closing in a timely
manner such as the sale of their existing
home or their breaking an extended lease
have
they viewed other homes that they really
liked:
if yes, then why didn't they buy? their
answer could be a sign that they couldn't
get financing, etc.
have
they been pre-approved for financing:
if no, they may not have the financing
capacity to make the sale
are you
working with an agent:
if yes, then get in writing from their
agent the fee arrangement that will be
expected if it is too high, refuse
the showing
also inform the buyer that that the agent
must accompany them during the showing
is there
anyone else involved in the buying decision:
this may involve a parent or other who
might be making the down payment; they
may want to see the house too
If the buyer passes your
prescreening questions, schedule an appointment.
Make sure they invite others to join them if
other parties are involved with the purchase
(i.e., parents).
The
unscheduled knock:
FSBOs are more likely to
have the unscheduled knock since you are the
selling agent.
The unscheduled knock will likely come from
buyers driving around the neighborhood.
Unless you ready to show the house (meaning
that the bed is made, kitchen is clean, bathroom
is spotless, etc.), politely invite them to
return at a later time.
Screen the unscheduled
knock before letting them in.
Again, use your judgment on whether to invite
them in.
Note that some of the unscheduled knocks (and
phone calls) could be a real estate agents trying
to convince you that going with an agent will
result in a quicker sale at a higher price.
If you are serious about taking the FSBO route,
politely thank them for the visit but that you
have decided to stay the course.
The
House Visit:
Since you are the agent,
you must act like an agent when showing your
home.
Great your visitors in the front yard, if the
weather permits. Point out the nice features
of the front yard as you walk to the house.
You will start in the entry
way,
walking through each room and ending up in the
dining room or kitchen when you can sit comfortably
to address questions.
As you walk through each room, act like a professional.
Don't say, "...this is the kitchen."
They will know that. Instead, point out things
in the kitchen that are selling points.
Example (as you enter the kitchen area): "Let
me point out this bar cabinet that we installed
when we purchased the home, see how much more
room it provides ..."
You need to point out the selling features as
you view each room.
Don't dominate the conversation.
Highlight features of the home and then remain
silent as the buyer views, opens doors and asks
questions.
Probe the buyer's interest. Find out what they
like or don't like about a particular room.
They may tell you they don't like the carpet
in the family room. So invite to pick the type
of carpet they would like and you will have
it installed as part of the price of the home.
Be cautious.
Though most buyers are legitimate, there are
the few who have requested a visit for alternative
reasons.
Hide your valuables. Remove antiques and anything
of high worth and store them in a safe, hidden
place.
At the end of the tour, ask the buyers what
it would take to prepare an offer on your house
today.
If an agent was showing
the house,
they would bring with them contract forms, earnest
money instructions, several pens to write with,
and all other "stuff" to execute a
contract while in the house.
You must do the same. Have ready all contracts
and other forms that the buyer can sign while
in the home. And don't forget to have several
pens available (in the event one of them fails).
Don't forget to get their
name and phone number before they leave.
This allows you to follow-up the next day to
probe their interest further if they couldn't
make an offer.
Also see to it that they take a flyer with your
address and phone number.
Showing Your Home:
The Unscheduled Knock
You may get a buyer or
two who unexpectedly knocks on your door to
view the premises.
They will claim to be passing by when they noticed
your yard sign.
Your yard sign should clearly state "By
Appointment Only". That does not keep people
from knocking, but it does give you the excuse
to request the buyer to schedule an appointment
through your agent.
Have plenty of agent business cards available.
You can easily hand one to a potential buyer.
Also have available your flyer that lists the
facts about the home.
Be your own judge on whether
to show the house or not when someone knocks.
If no, make some excuse that you must run an
errand and will be unable to show the house
at this time. Invite them to contact your agent
on the business card.
If yes, limit their tour to the outer perimeters
of the house. Invite them to view the back yard,
side yard, and perhaps the garage. Then instruct
them to contact your agent for an inside tour.
Understand that there are
legitimate buyers and not-so-legitimate buyers.
Unfortunately there are prowlers who mask themselves
as buyers with the intent is to scout your home
for valuables.
Play it safe. Invite them to contact your agent.
If they are serious about your home, they won't
mind returning with a scheduled appointment.
FSBOs are more likely to
have the unscheduled knock since you are the
selling agent.
The unscheduled knock will likely come from
buyers driving around the neighborhood.
Unless you ready to show the house (meaning
that the bed is made, kitchen is clean, bathroom
is spotless, etc.), politely invite them to
return at a later time.
Screen the unscheduled
knock before letting them in.
Again, use your judgment on whether to invite
them in.
Note that some of the unscheduled knocks (and
phone calls) could be a real estate agents trying
to convince you that going with an agent will
result in a quicker sale at a higher price.
If you are serious about taking the FSBO route,
politely thank them for the visit but that you
have decided to stay the course.