Are You Losing the Big Picture When Buying or Selling a Home?

By
Real Estate Agent with RE/MAX Elite 513.265.3004 www.LizTour.com SAL.2002007747
http://actvra.in/9cW

Big PictureAre You Losing the Big Picture When Buying or Selling a Home?

Buying or selling a Warren County home can be stressful.  We won't argue that point.  As your REALTORs®, we'll do everything we can to ease your concerns, to make that buying or selling experience as smooth and pain free as possible, but we're NOT miracle workers.  And as you go through the process, it's easy to lose sight of the BIG PICTURE!

When you're buying a Warren County home, there are LOTS of things to consider about buying your new home.  School district, price, condition, features of the home, etc.  But there are some things that need to go WAY down your priority list or you may eliminate some great homes for what might actually be an insignificant reason.  Paint color and wallpaper are two items that quickly come to mind!  We've often seen buyers react strongly to something that is correctable.  Yes, painting might not be what you WANT to do, and NO ONE in their right mind likes removing wallpaper, but if everything else matches your wish list, should you be removing this home from your list?  Or maybe you're too focused on buying a distressed property and miss other good deals?  With less than 10% of Warren County homes for sale in this category, you're severely restricting your options.

And for sellers, the refusal to depersonalize may just be costing you buyers.  We know it's hard to turn YOUR home into something the buyers may see as THEIR home, but it's an essential part of maximizing your opportunity to sell.  Those same buyers in the paragraph above are the same ones who CAN'T look past your Pepto Bismol pink bedroom or your collection of 436 cow salt shakers.  Shiny baubles distract your buyer.  They'll remember your home, but not for the reason that you want them to.

And the following is something that afflicts both sides of the deal.  The last few DOLLARS during negotiation.  You've come so far, you've gotten so close, but neither can concede that last little bit.  It's like the old Clint Eastwood spaghetti westerns with the gunfighters staring at each other.  Who's going to flinch first?  You BOTH want the same thing, to exchange ownership of the house!  For the buyers, while you're countering for the fifth time, ANOTHER buyer could be dropping an offer in that trumps yours!  Do you REALLY want to take that chance?  Don't assume the sellers will give you an opportunity to match either!  And sellers, how long do you think you'll have to wait for the NEXT offer, the one that may or may NOT be any better than this one? 

So can you stay focused on THE BIG PICTURE?  We'll do our best as your REALTOR® team to keep you on target, but we're going to need your help!

Serving Warren County's residential real estate needs,
Liz and Bill aka BLiz

 

Posted by

REALTORS(S) Serving Warren County Ohio & Adjacent Areas

The Liz Spear Team of RE/MAX Elite
Elizabeth & William Spear
Ask for us by name if you visit the office!

EHO Two locations: Lebanon & Mason, OH
Liz direct:  513-265-3004
Bill direct: 513-520-5305     
Fax: 866-302-8418

MailTo:  LizSpear@Go-Concepts.com

Our Website:  www.LizTour.com

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Re-Blogged 2 times:

Re-Blogged By Re-Blogged At
  1. Brenda Mullen 05/03/2011 11:03 AM
  2. Gene Riemenschneider 05/05/2011 12:47 PM
Topic:
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Location:
Ohio Warren County
Groups:
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Advice for Sellers
Advice for Buyers
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Tags:
buying and selling homes in warren county ohio

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Rainer
184,516
Dimitri Matsis-REALTOR® (818) 599-6083
Troop Real Estate Inc. Westlake Village CA - West Hills, CA

Hi Bliz,

This is very true, even though I would really avoid removing "wall paper"...haha, that's not fun but certainly not a deal breaker.  

Great little clip. It's been eons since I saw that movie. We all definitely have to stay focused and keep our eye on the prize that being the best outcome possible for our clients.

Thanks for posting.

May 04, 2011 03:36 PM #50
Rainmaker
217,742
Patricia Beck
RE/MAX Properties, Inc., GRI, CDPE - Colorado Springs, CO
Colorado Springs Realty

It is a team approach and sellers who want to sell their home in this market need to do their part...many of them do not see the big picture.  Great post!!

May 04, 2011 03:38 PM #51
Rainmaker
1,264,466
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Liz & Bill - Excellent post!  I always tell buyers to focus on location and layout, everything else can be changed.  Paint and wallpaper are the easiest and probably some of the least expensive things to change.

May 04, 2011 05:24 PM #52
Rainer
130,668
Sylvia Jonathan
Coldwell Banker Platinum Properties - Irvine, CA
Broker Associate, SFR

So very true, especially the last paragraph.

May 04, 2011 05:31 PM #53
Rainmaker
980,981
Sharon Alters
Coldwell Banker Vanguard Realty - Fleming Island, FL
Your Fleming Island Relocation Agents.

Bliz, depersonalizing the home is so important. Thanks to HGTV, more sellers 'get it' now but it is still hard for some of them to put away everything.

Sharon

May 04, 2011 06:44 PM #54
Rainmaker
635,240
Dawn A Fabiszak
Keller Williams Real Estate ( Denver metro area, Colorado - Aurora, CO
The Dawn of a New Real Estate Experience!

Bliz ~ funny you mention the cow salt shakers.  I had a client about 12 years ago that collected cow stuff.  They had an entire spare bedroom all of cows!

May 04, 2011 08:52 PM #55
Ambassador
1,530,685
Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Mary, Sometimes getting in a subdivision where everyone knows all about ALL that happens there is pretty interesting.  Where the only differentiator is that ceramic tile floor in the entry.... :)

Rosanne, It is almost funny what will get a home rejected for!  And those developments are like brands....people want to live where their friends know the name of the place!

Joe, It's a common issue, and agents aren't immune.  We're human too!

Dimitri, Been there and done that with the wallpaper personally, removing it IS most definitely a pain, but it's another doable item and shouldn't stop someone from losing a home.

Patricia, I think more see it now than ever before.

Michelle, No doubt.  Can't fix location, but you can sure fix cosmetic items.

Sylvia, We've watched that game of chicken too many times!

Sharon, True.  We have people specifically ask about staging and what they need to do.  There may be much on those shows I don't like, but that aspect has really paid off.

May 04, 2011 08:55 PM #56
Ambassador
1,530,685
Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Dawn, Cows, pigs.....any farm animal is probably fair game.  Mix in a liberal sprinkling of some ceramic collectibles and we're all set! :)

May 04, 2011 08:56 PM #57
Ambassador
970,786
Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

What a fabulous analogy - loved the video - hadn't seen it in forever!  Had forgetten about the emptied gun.

May 04, 2011 09:56 PM #58
Rainer
91,650
Ellen Wright Adams
Academy Mortgage.......We are a Equal Housing Lender - Eugene, OR
LoansByEllen- Licensed in Oregon

Bliz:  excellent advice, and with humor added as well.  GREAT video....

May 04, 2011 10:07 PM #59
Ambassador
1,530,685
Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Dagny, I'd forgotten about the empty gun too, but remembered there was some trick to the duel.

Ellen, Almost always like to have some humor involved :)

May 04, 2011 11:17 PM #60
Rainmaker
710,959
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Capital Properties-Buy a home in Washington DC. Sell a home in Washington DC - Washington, DC
How much is my Washington DC House Worth?

Peptol Bismol Pink Bedroom-LOL. Bliz that is too funny. That is a new one for me. But like you said we are not Miracle workers. Might tell that to one of my clients next time when they ask me "How come we haven't sold our house yet?" Suggested this one for a feature. Great post.

May 05, 2011 12:44 AM #61
Rainer
68,804
Robert Courtney
Lihue, HI
Century 21 All Islands, RA, CDPE, MCRE, CIAS

Murphy never rests!

May 05, 2011 01:40 AM #62
Rainmaker
846,252
Marte Cliff
Marte Cliff Copywriting - Priest River, ID
your real estate writer

Great advice. I don't know how many times I've heard buyers remember a certain house because of the paint colors or the collections - but they didn't remember the floor plan or whether they liked the kitchen.

Wish I could watch the movie - sounds like it really fit your blog. But... I'm on Wild Blue. And movies are no fun when they pause every 4 seconds. (Although it does make for some humorous still shots of faces in mid-word.)

May 05, 2011 03:34 AM #63
Ambassador
1,557,424
Michael Thornton
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspector - Nashville, TN area - 615.661.0297

 

Good morning, Bliz. I liked the flick. Clint Eastwood was so good in these movies. BTW, How about this for Peptol Bismol pink...

 

May 05, 2011 04:13 AM #64
Ambassador
1,530,685
Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Lanre, Okay...it was actually a bathroom that was that pink....and the buyer's little girl loved it!  We wonder if he repainted or it's still that way? :)

Robert, Nope, always something to contend with!

Marte, The clip was the three way duel scene at the end of The Good, The Bad, The Ugly!  Too bad on your service, have been there with the stuttering feeds and you can get some interesting stills :)

Michael, I think you've got it :)

May 05, 2011 06:26 AM #65
Rainmaker
1,280,995
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

My only problem with this post is you did not make two post out of it.  One for buyers and one for sellers.

May 05, 2011 12:45 PM #66
Ambassador
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Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Gene, With the consumer I always assume I have to catch them while I got the eyeballs.  You never know if they'll be back! :)

May 05, 2011 01:00 PM #67
Ambassador
503,654
Chris Alston
Chris Alston (Keller Williams Realty, Cupertino California) - Cupertino, CA
Silicon Valley, California

I guess some just seem to base the picture on the previews that happen in the beginning of the movie!

May 06, 2011 12:44 AM #68
Ambassador
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Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Chris, But the trailers are the best part :)

May 06, 2011 06:29 AM #69
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