Are You Prepared to Move Quickly?

By
Real Estate Agent with RE/MAX Elite 513.265.3004 www.LizTour.com SAL.2002007747

Moving truckAre You Prepared to Move Quickly?

As soon as you start considering selling your home, you need to assume success.  When we first meet, we'll talk about many things besides how to get your home ready and expected selling price range. 

Among the questions you'll probably have is "How long until my house sells?"

Obviously there are quite a few variables that go into that answer, some YOU control, some WE control, some NEITHER of us control.  If WE team together and properly prepare, price and market your home, we can optimize the conditions that a buyer WILL find you.  However, first that buyer has to exist:  someone looking for a VERY close match to what your home offers, in your school system and in your price range.

So when we review average days on market (DOM), it's literally that, an average of all similar homes in your Warren County community.  You'll notice that some homes sell in a few days, some may take years.  Some homes have lots of demand, some homes the buyers reject for a host of different reasons.

So the question is, if you're one of the "just a few days" sellers, are you ready to move quickly?  Do you have a place to go?  Friends or family?  A place to rent?  An RV in the Wal-mart lot?  Everything going in a temporary storage unit and you get to know the local extended stay hotel?  They're all options and you need to have an exit strategy so you can react quickly to your purchase offer before the buyers sees another bright and shiny home that draws their attention. 

And by the way, have you talked to a mortgage specialist to make sure you HAVE an exit strategy?  With frequent changes to loan programs, we highly recommend getting a preliminary idea of whether your next home plans are viable.  You don't want to put that "FOR SALE" sign in the front yard, accept an offer and THEN find out you can't get financing for your dream home.

If you have other questions about your real estate options, please don't hesitate to contact us!

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

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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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  1. Kathy Sheehan 02/18/2012 06:01 PM
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Topic:
Home Selling
Location:
Ohio Warren County
Groups:
Advice for Sellers
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selling your home

Comments 25 New Comment

Ambassador
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Liz and Bill Spear
RE/MAX Elite Warren County Ohio
RE/MAX Elite 513.265.3004 www.LizTour.com

Michael, I'd say as a whole we all have too much stuff!  We keep hauling stuff to Goodwill and still keep finding more :)  Our basement is as empty as it ever has been, but the reality is about half my shirts never get worn and could get donated with no impact to me at all.  Bill

February 18, 2012 06:16 AM
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Craig Rutman
Raleigh, Cary, Apex area Realtor
Helping people in transition

One of the first questions I ask my potential sellers is that if someone showed up tomorrow with a wheelbarrow full of cash, could you move in the next 30 days? If the answer is no, I tell them that they're probably not ready to list yet. It's important to have an exit plan.

February 18, 2012 08:03 AM
Ambassador
1,357,801
Liz and Bill Spear
RE/MAX Elite Warren County Ohio
RE/MAX Elite 513.265.3004 www.LizTour.com

Craig, We've used the same scenario.  Wheelbarrow of cash, how quick can you be gone.  If may very well turn out to take 6 months to find a buyer, but it could also happen the first week.  They've got to have an exit plan for both scenarios.

February 18, 2012 08:39 AM
Rainmaker
155,521
Carolyn Kolba
Keller Williams Realty- Mentor, Ohio
Serving Mentor, and all of Lake County, Ohio

Liz and Bill:  I always tell my sellers to start packing BEFORE we put their home up for sale.  That way, the home not only ends up looking less cluttered, which means it looks larger and worth more, but it also prepares the sellers to be able to move quickly if for some reason, they must.

February 18, 2012 06:07 PM
Ambassador
1,357,801
Liz and Bill Spear
RE/MAX Elite Warren County Ohio
RE/MAX Elite 513.265.3004 www.LizTour.com

Carolyn, Anytime we can help the buyer show how much room a home has, it's a plus.

February 18, 2012 08:05 PM
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Liz and Bill Spear

RE/MAX Elite Warren County Ohio
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Additional Information

REALTORS(R) serving Warren County Ohio and surrounding areas. Observing and reporting on real estate and related topics to help your quality of life! And if you're asking where is Warren County Ohio? We fill the space between Cincinnati and Dayton. Perfect for enjoying the bigger cities without living in them. Places like Mason, Lebanon, Springboro, Waynesville, Franklin and more. Plus lots of rural properties available too. We work with both residential homes buyers and sellers.