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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Comments 9 New Comment

Show All Comments
Rainmaker
328,811
Steven Nickens
R(S)GRI ABR, Maui Real Estate Hawaii
Island Sotheby's International Realty

Good point it should not be emotional.

Steve

July 28, 2008 06:09 PM
Rainmaker
377,719
Mark Hall
Homes for Sale Vancouver Washington
Elite Realty NW - Keller Williams, 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

July 28, 2008 06:15 PM
Ambassador
1,243,371
Norma Toering
Palos Verdes Homes in Los Angeles Area
Charlemagne International Properties

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

July 28, 2008 07:32 PM
Rainer
77,555
David Slavin
CDPE, ABR, SRES RE/MAX Grand
RE/MAX Grand

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

July 28, 2008 07:35 PM
Ambassador
1,243,371
Norma Toering
Palos Verdes Homes in Los Angeles Area
Charlemagne International Properties

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.

July 28, 2008 07:35 PM
Ambassador
1,243,371
Norma Toering
Palos Verdes Homes in Los Angeles Area
Charlemagne International Properties

David - Love is blind, but buyers are not!

July 28, 2008 07:52 PM
Rainer
10,674
PJ S
Home Inspection Specialist

great blog... funny but true!!

July 30, 2008 11:07 PM
Ambassador
2,366,825
Patricia Kennedy
For Your Home in the Capital
Evers & Company Real Estate, Inc.

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

August 01, 2008 06:57 AM
Ambassador
1,243,371
Norma Toering
Palos Verdes Homes in Los Angeles Area
Charlemagne International Properties

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!

August 02, 2008 09:44 AM
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Norma Toering

Palos Verdes Homes in Los Angeles Area
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Additional Information

I am a California real estate Broker-owner. Tune in for Best Buys in Palos Verdes; Market Updates; Buy & Sell Signals; Advice to Buyers & Sellers and other real estate related topics of interest. Updates will be posted on all four cities on the Palos Verdes Peninsula, PV School District and other happenings on The Hill.

South Bay Los Angeles cities I sell real estate in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.

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