Several months ago, Maureen Francis, a blogger from Oakland County, Michigan, listed ten things sellers should not do if they wanted to sell their homes. In March it was an established fact that the real estate market was plummeting and it was getting harder and harder to market homes. The number of houses listed for sale far exceeded the number of buyers. The former real estate mantra, "The money is in the listings", was losing credibility.
Today, some St. Paul real estate agents groan when a listing call comes. Questions spring up. Will this seller be reasonable, or unwilling to adjust to today's market? Is it worth my time, money and emotional energy to list this property? Should I take this listing or pass on it?
Maureen's list for home sellers includes the following:
- Don't try to sell it yourself.
- Fix deferred maintenance items because there's lots of competition and the best one wins the sale.
- Update decorating.
- Do de-personalize everything.
- Don't overprice to see what happens.
- And more can be found here.
If you're thinking of selling your St. Paul house, check out Maureen's list for a reality check. And then, call your St. Paul real estate agent to get their professional opinion on specific price, upgrades, and marketing suggestions.