Question Details

Phillip Kent, Home Seller in Wayne, NJ

Include Floor Plan?

Asked by Phillip Kent, Wayne, NJ Tue Sep 2, 2008

I have had a few showings of my property and some of the feedback has indicated
that the rooms are small and that the buyer was looking for an "open floor" layout.
To avoid wasting everyones time in showing my home should I include an interior
floor plan so that potential buyers can see the size of the rooms and the layout of the home.
And if a floor plan is recommended, do I draw one up myself or would my town have one on file?
Also should I include a property map?
Thanks in advance,
Phil

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Answers

5
Phillip, a floor plan is always a good idea... but I would not draw one yourself. I don't know what's available in your area, but there are plenty of online services, such as: http://www.bestfloorplans.com/

a quick google search should help you locate someone local.
1 vote Thank Flag Link Tue Sep 2, 2008
Alan May, Real Estate Pro in 60201
MVP'08
Contact
In my opinion the more information you can provide a prospective buyer the better. therefore If you can supply a floor plan it will save both your time as well as buyers. If at all possible try and get a professional copy done, However if this is not possible make sure you measure each room and supply the dimensions on your own plan. I have seen floorplans provided in .jpg's which have scanned and uploaded to YouVu property ads, Some go one step further though and association of emotion icons (key points of interest to the plan)
- here is a sample link - http://www.youvu.com.au/promote/user/ExecutiveAccommodation/54/394
Web Reference: http://www.youvu.com.au
0 votes Thank Flag Link Mon Sep 8, 2008
Phillip,
I get the impression that you are selling without professional representation, is that correct?

A couple of things for you to think about:
The rule of thumb we use is 10-12 showings or one offer in the first two weeks a listing is on the market (assuming the property is listed with a Realtor). If you don't have enough showings you won't be able to get an offer.

Homes sold without professional representation sell for about 16% less than those sold by Realtors. Although you might be able to sell on your own, which would be great, know that 85% of owners eventually list with a Realtor. My suggestion is to interview three Realtors, then if you do need to list, you'll already have one ready to go to work for you.

When you bought your home you probably used a Realtor. Why? Because for buyers we work for "free". It would not surprise you that when a buyer first sees the home they purchase, they see it with a Realtor 90% of the time. So when you try to sell without professional representation, you are basically working with 10% of the market. So is it any wonder that homes sold "direct" sell for less? Makes complete sense.

The reason I make these points is that although having a diagram my be helpful, I would not want to give you the impression that your home will sell if you have a diagram. What you need are more showings in order to get an offer, and without massive exposure that a Realtor can provide having a diagram may or may not make any difference.

On a technical note, you are legally liable for what you say and do to market your property. So if you decide to make your own diagram, it had better be accurate. We normally hire a professional company to provide diagrams so if there are errors, that company is legally liable.
0 votes Thank Flag Link Tue Sep 2, 2008
Keith Sorem, Real Estate Pro in Glendale, CA
MVP'08
Contact
If you dont have any purpose for those rooms empty them, any assistance you can provide a buyer use it for your benefit.
http://www.lynn911.com http://www.homes-for-sale-dallas.com
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Tue Sep 2, 2008
Yes, include a floor plan. Your appraiser may have sketched a floor plan or you can sketch one. A basic fp should suffice.
0 votes Thank Flag Link Tue Sep 2, 2008
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