Sellers, Are You Blinded by Love?

By
Real Estate Broker/Owner with Charlemagne International Properties BRE# 01147470

 

Perhaps you fell in love at first sight.  Or maybe it took some time for those feeling to emerge, but if you're like most homeowners, you love your house.  After all, it is home and the place where many milestone moments in your life have taken place.  There are memories to be dealt with.

 

If you're ready to sell it, it's time to sever the heartstrings and take a long hard look at those emotional ties. Yes, this is a bit of a breakup. It's time to shed some light on the flaws, deal with the deficiencies and acknowledge it is time to move on. 

 

Leaving gracefully is always a challenge.  Do you simply walk away, or do you engage in some home therapy to make the place more appealing to prospective suitors?

 

 You may recall memories of kids and pets frolicking on the family room floor.  They see stained and worn carpet.

 

You see a roof you have nursed through the years with patches and tar.  They see a big expense looming on the horizon.

 

You see the trees you planted as saplings towering high overhead.  They see trees that need to be trimmed.

 

The pool has a small leak, but it was not a big of deal to you.   It will be to them.

 

 

The decision to sell moves the savvy homeowner from owner to seller, and those are two very different stances.  As a seller, your house is now a product to be placed on the open market. The days of it functioning as your home are numbered.

 

  It's easy to overlook flaws when you're in love; you've grown accustomed to the quirks and personality of your home.  However, those endearing attributes can cost you thousands of dollars when it comes time to sell. 

More Seller Tips from Norma!

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

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Rainmaker
339,098
Steven Nickens
Island Sotheby's International Realty - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Good point it should not be emotional.

Steve

Jul 28, 2008 06:09 PM #1
Rainmaker
377,919
Mark Hall
Elite Realty NW - Keller Williams, Vancouver Washington - Vancouver, WA
Homes for Sale Vancouver Washington

Great post! Homes are fickle lovers. Take. Take. Take. We buy them. We love them. We take care of them. But the market turns and they stab us in the back! It is much better to stand back and take an unbiased view when it comes to pricing. We don't choose the price. The market does.

mark hall vancouver washington real estate www.ernw.org

Jul 28, 2008 06:15 PM #2
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Norma Toering
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes & Beach Cities Homes in L.A. CA

Steven - Yes, reality is more visible when we remove our emotional investment.

Jul 28, 2008 07:32 PM #3
Rainer
77,557
David Slavin
RE/MAX Grand - Katy, TX
CDPE, ABR, SRES RE/MAX Grand

Your right on the money!  Great Post!  Minor items to sellers are major to buyers.

Jul 28, 2008 07:35 PM #4
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Norma Toering
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes & Beach Cities Homes in L.A. CA

Mark, Thank you, and you're so right about the market setting the price--doesn't matter what we (and our sellers) want, the market will determine the price we get.

Jul 28, 2008 07:35 PM #5
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Norma Toering
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes & Beach Cities Homes in L.A. CA

David - Love is blind, but buyers are not!

Jul 28, 2008 07:52 PM #6
Rainer
10,674
PJ S
Home Inspection Specialist - Los Angeles, CA

great blog... funny but true!!

Jul 30, 2008 11:07 PM #7
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Patricia Kennedy
Evers & Company Real Estate, Inc. - Washington, DC
For Your Home in the Capital

Norma, I can so identify with this post and my own quirky house!  It's all so true!

Aug 01, 2008 06:57 AM #8
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Norma Toering
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes & Beach Cities Homes in L.A. CA

Patricia -- Yes, we learn to love, or at least overlook, the quirkiness of our homes.  The slider that doesn't slide, the a bit-too-loud hum of the refrigerator, and my favorite disclosure, a whistling toilet!

Aug 02, 2008 09:44 AM #9
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Norma Toering

Palos Verdes & Beach Cities Homes in L.A. CA
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