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Home Selling in Madison : Real Estate Advice

  • All323
  • Local Info36
  • Home Buying102
  • Home Selling23
  • Market Conditions22

Activity 28
Tue Sep 5, 2017
Don Tepper answered:
Replace the carpet.

Yes, I know some will argue that the new buyer won't like the color or style. Tough. It'll show much better, and will likely be more appealing to more people.

Besides, an older carpet can suggest that other areas of the house are older and need replacement, too. That may be true(!), but you don't want to lead buyers in that direction.

Also, people want homes to be in move-in shape. They don't want to buy a house and then have to embark on a series of upgrades.

You don't have to get top-of-the-line carpet. Just something neutral and acceptable.

Hope that helps.
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0 votes 15 answers Share Flag
Mon Dec 22, 2014
Alex Saloutos answered:
Yes, you could sign a listing contract. The short story is you would be obligated to pay the listing broker if they earned their compensation under the terms of the agreement. However, if another party also has title in the property, they would need to sign the sales contract (Offer) and closing documents. ... more
0 votes 8 answers Share Flag
Mon Dec 22, 2014
Bill E answered:
buckle up....here come the explanations.

Read the Listing Contract. Focus on the part about "Extension of Listing"
0 votes 9 answers Share Flag
Mon Dec 22, 2014
Mark Gladue answered:
Hello,

Great question. It all depends on what neighborhood you are in as the 53705 zip code is very popular. It was also be dependent upon what you need in terms of selling price. It is always a good idea to make sure a home is primed and ready for the market, but if you think the next owner will do a lot of this it may not be worth the headache and hassle.

I would be happy to come over and assess the property if you would like. Feel free to call or e-mail me and I will be happy to schedule a time with you.

Mark Gladue
608-658-0467
mark@markgladue.com
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0 votes 19 answers Share Flag
Mon Dec 22, 2014
Ron Thomas answered:
This has got to be one of the most ridiculous questions ever!

Why would you WANT to?
This is undoubtedly grounds for litigation.
What are you accomplishing?
0 votes 5 answers Share Flag
Wed Jul 11, 2012
Anna M Brocco answered:
Ask people you may know for broker recommendations, or contact and interview in person a few local agents from different realty companies, then choose the one you like best and who has the most to offer; choose your agent with care.... ... more
0 votes 12 answers Share Flag
Mon Dec 22, 2014
Robert Lange answered:
Are you an agent. If you want to list your home I can help you get it up on the market. I am with Our House Realty
0 votes 4 answers Share Flag
Wed May 16, 2012
Donna Panico answered:
No, but if the offers mirrors your intent of the terms of the listing agreement you may owe the listing agent a commission because he produced / procured a buyer at your terms.
0 votes 4 answers Share Flag
Mon Dec 22, 2014
Suzanne MacDowell answered:
In my opinion, no, not if it is well above market. If it were only slightly above market, and your superior marketing could somehow point out the qualities of this particular home that makes it worth just a little more than its competitors, then, maybe, yes. What superior marketing CAN do is get more exposure and thus a quicker time to sale.

I see far too many realtors taking over priced listings, and I am guilty as well. I have, from time to time, taken them in hopes of picking up buyer leads, or after having said to the seller, "Look, my job is to get you the most money possible for your home, but the market sets the value, not me. We'll try it at this price, but, if we market the home aggressively, with my 'superior marketing plan' and we still get little or no activity, and no offers, then we are going to need to lower the price." If they will agree, up front, to that, then on occasion I will take the listing anyway. But I will add, with mixed results. Most of the time it is a waste of MY time and time is money!
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0 votes 16 answers Share Flag
Mon Dec 22, 2014
Randy Pereira answered:
It really depends on the agent and company you hired. Some have the sign installation contracted out (so there might be a delay), and others handle the work themselves.

However, this should be communicated with you and not left to wonder.
Talk with your agent, and go over some of your expectations.. (honestly should have been done before listing the home for sale).

Definitely have a word with your Agent... if something doesn't seem right, it probably is not!

Hope you have a successful sale.

Sincerely,

Randy Pereira
ULTIMA Real Estate
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0 votes 6 answers Share Flag
Mon Dec 22, 2014
Sally Grenier answered:
Washer, dryer, and refrigerator are considered personal property and not necessarily conveyed with the house (unless they are negotiated for). It's really up to you. If it were me, I would not spend money on new appliances. What if buyers have their own, and don't want yours? Just say washer & dryer are excluded. (but then you'll have to haul them away when you move). good luck! ... more
0 votes 16 answers Share Flag
Sat Mar 5, 2011
Anna M Brocco answered:
If you are ready to sell, and want to sell, anytime is a good time to list the property on the market ...unfortunately, none of us can answer with accuracy as to where the market will head tomorrow or down the road, what we all know is today..... ... more
0 votes 6 answers Share Flag
Fri Jul 15, 2011
Laud answered:
You can ALWAYS find a Realtor who will do it for less. There are hundreds of Realtors who are basically out of work and willing to do just about anything for money. They too are unemployed but hold a license.

Is that who you want to handle this extraordinarily important sale for you? Would it make more sense to hire the best, most experienced, successful Realtor who will get the job done rather than try to save you some small portion of your expenses?

20 Per Cent of the Realtors sell 80 Per Cent of the houses You can pick from the 20 or you can pick from the 80.

Sounds to me like you might be better off taking some straightforward, no-holds-barred advice from someone who can get you where you absolutely must be: sold.

Why get someone who can't even negotiate their paycheck good enough to keep you from taking a third of their income before they even start?

The math works like this: The average listing commission in Blackhawk is 6%. Split 50/50 between the Listing Agent and the Buyer Agent. Even the flat fee listers do that and so do the vast majority of the FSBO sellers. So figure that 3% is inevitable. So what you are really asking is "How can I hire a listing agent for less than 3%?

What would be enough? 2%? 1%? The good ones don't need to cut their commission and the rest don't matter. This will be the biggest sale of your life and you want to cut corners? HUH?

You have a short sale just waiting to happen. You definitely DON'T WANT someone who doesn't clearly know exactly what they are doing to handle this transaction. Too much risk, too much work to handle your problem and not get paid enough.

Just listing your house isn't enough. You need help. Competent, experienced, no nonsense help.
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0 votes 49 answers Share Flag
Mon Jan 31, 2011
Laud answered:
The quick and easy answer is "yes".

More on the topic runs to such things as : the more people that see your house, the better. Do you try on several pairs of shoes before buying? Are there more than just nosy neighbors looking? ( I hope so). Can you gauge the demand for your house by Open House traffic? (Yes)

Is it like Speed Dating for Realtors? yes...but if you want to be pro-active, maybe save yourself some showings during the week, maximize exposure to potential buyers....have an Open House. Of course, it IS a Packer Sunday so don't get your hopes up too far.
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0 votes 14 answers Share Flag
Thu May 4, 2017
Voices Member answered:
I have a sheet with a variety of tips to help you get rid of the smell. Send me your email address and I can forward this on to you! As a list agent who specializes in preparing homes to go on the market I have a wealth of helpful information. ... more
0 votes 36 answers Share Flag
Fri Aug 27, 2010
Mark Gladue answered:
Hi Katie,

I have sold a number of homes in each neighborhood and here are the numbers:

Active Days on Market: 86
Pending: 181
Sold (Since Jan.1) : 98

If you would like more information, please see my website or call me directly. Thanks.

Mark Gladue
Keller Williams Realty,Inc
608-239-5593 Cell
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0 votes 3 answers Share Flag
Thu May 26, 2011
Judy Braund answered:
Unfortunately, it is a Buyer's market. You are competing with foreclosures, short sales and other very
negotiable and motivated sellers. Your agent can do a comparable market analysis (cma) and give you a good idea of what price it would take to get your home sold. Also important are curb appeal, staging of your home,making sure all defered maintenance is taken care of and your home is in impeccable condition inside and out. Items to consider are: fresh paint, deep cleaning entire home, cleaning of carpet, trimming of bushes, trees, etc. There are many homes on the market so buyers can be fussy and they are. I hope this helps. I wish you good luck.
Judy Braund, Keller Williams Crossroads
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0 votes 8 answers Share Flag
Mon May 4, 2015
Guy Gimenez answered:
As long as you're not planning on getting retail price for your home, this may be a good way to sell. Investors typically pay approx. 70% of a home's market value when paying cash, or slightly more if the seller is offering to sell on terms (lease purchase, owner finance, etc.) and less if the home needs lots of repairs. ... more
0 votes 9 answers Share Flag
Sat Nov 20, 2010
Susan Goldy answered:
If you know what price you want to ask, you simply inform the agent that you are working with about the price change. If you are unsure about how much and when you should implement a price change, you should seek the advice of a professional Realtor in your area. If you have concerns about the agent you are dealing with, call the managaer or owner/broker directlly of the agency.
Best regards,
Susan Goldy
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0 votes 4 answers Share Flag
Sat Aug 26, 2017
Bill Eckler answered:
Bret,

Today's buyers, regardless of the geographical area, are informed, intelligent, and expect to find value with their purchase of a home today.

Upon entering a home, buyers initially look around an come up with their first impression of the home but almost always gravitate to the kitchen area where family members spend a great deal of time(that goes far beyond meal time). For many, THIS is the most important area of the home.......

People expect to find up to an up to date kitchen work area that includes, appliances, lighting, flooring as well as cabinets and counter tops. Additionally, most buyers expect to find some sort of solid surface counter, corian, stone, granite etc. are among the most desirable.

Our recommendation is to not view this decision as one that increased the value of your home but one that will improve the overall sale ability of your home. Hopefully, by making the decision to do the right improvements, it will allow your home to make a statement that will attract buyers.

Best wishes with your decision.

The Eckler Team
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