Category Archives: organizing

Things a seller does to turn off buyers

I hear it over and over again “I have tons of interested people looking at my home” and when you ask if they had an offer the answer is most of the time “no”.

Sure we are currently having a sellers’ market but that does not mean that every house will sell as soon it becomes available. There are many reasons why or why not a home will sell quickly or sit for a while longer and many sellers will find out sooner or later that selling a home is not all fun and game, especially when you have to deal with a buyer.

Price

Every seller would like to get as much out of their home as possible and some will price their home based on feeling and not true value for the area. Experience has thought me when a home is priced to high from the beginning it usually will for less than a similar sized home.

Value

Some sellers have refinanced their home in the past and that is what they are using to set their price they would like to sell the home for. This is not a good idea. Call an appraiser or the Real Estate Broker to get a current up-to-date evaluation.

Stage Ready

When a house is not “stage ready” you might not see an offer no matter how good the price is of the home. When a home show poor maintenance, is stuffed full with stuff and unorganized you truly will turn off buyers and later end up needing to lower your price or pull the home off the market.

Car sales mentality

Many sellers might hold and open house and trying to sell the home during the open house. Open houses are not a good time to “force” a buyer to sign at the bottom line. Open house is there to showcase and to have your home shine.

Remember the time you bought your home. You fell in love with the home and not the deal.

Be prepared that you have “lookie looks” coming in and most of the time they are only interested in what the neighbor’s home looks like from the inside.

Know the rules and laws

When you finally sit down with a buyer make sure that you know the rules, your rights and responsibilities from the inside and out.  Some of the transaction can get complex and confusing at times and when you overlook even a small detail it could cost.

Lack of willingness to learn, might cost you

booksJust ran across a blog post from Mark Graban called No Time for Improvement? Bah! Make Time for Improvement! That reminded me of an interview I did just recently with a REALTOR that I wanted to hire for REO’s and Short sales referrals in her home state.

As a real estate professional I am always looking for other professionals in other parts of the country to make connections with to be able send personal referrals too.

I always ask anyone who I plan to work with about continues education, and self-improvement.

This conversation stuck out and I never will forget this one for sure. It was with a new REALTOR. She had, at the time, her license less than 12 months and during the conversation she point blank told me that she does not have to learn anything else within her profession and everything she needed to know about real estate was thought to her in real estate school and she did pass her real estate license.

We all need to make time for continue education, and self-improvement and we need to make time and see that it is as important as making money. We never should stop or not be willing to learn for self-improvement or for business.

Being a Servant Leader

Being a servant leader is not a new concept it has been around and goes back to 33 A.D.(thank you Linda Fitzgerald, for correcting me) The phrase “servant leadership” was coined by Robert K. Greenleaf in “The Servant as Leader”, an essay that he first published in 1970.

Organizations as well as individuals can be servant-leaders. When you are a servant-leader you focus mainly on the growth and well-being of others and the communities to which they belong too. Traditional leaders generally involve the accumulation and exercise of power by one at the “top”.

As a servant-leader shares power, puts the needs of others first and helps people develop and perform as to their best abilities.

For Butler University, Robert K. Greenleaf put the Ten Principles of Servant Leadership together.

Some of the qualities a servant leader holds are:team

  • Listening to others and values diverse opinions
  • Regularly seeks out opinions of others
  • Has Empathy for others and willing to help others with life issues not only work
  • Commitment to the Growth of People into leadership rolls
  • Build’s a community of trust
  • Encourages others
  • Has selfless qualities

 

Compare to principals of a traditional leader whose principals are guided by the accumulation of power and money servant leader is guided by the need and opinions of others and the community the servant leader serves.

The responsibility of Leadership

meeting roomCalling yourself a Leader comes with a barrow of responsibilities. Many of us leaders are going to be tapped to run for many external positions for non-for-profits and other leadership type of organizations.

I ran across a post from 2009 on the STANFORD GRADUATE SCHOOL OF BUSINESS website called  “Leadership Is Responsibility, Not Power” Even so it was written in 2009 is still holds true.

Many Leaders still think their role to be position of power. The time that a leader ruled with an iron fist is over and a leader needs to be more someone of trust, who can strategize, show a clear goal and willing to take criticism.

A leader also should be looked at as a responsible, and need to be accountable for their actions or their teams action they are leading.

No matter if the Team is now their work team, volunteer team, board team….

Especially when a leader takes a position on a board or volunteers for a function they need to specially responsible and make sure all the T’s are crossed and I’s are dotted.

When you think you are ready to take a leadership position outside of your work make sure that you truly have the time and the energy to perform for the external leadership position. Missing the beat could not only reflect badly on you personally it also could reflect badly on your work and you might put others in a negative position, and you might be asked to step down from the external leadership position or not asked to run a second therm.

Tame the inbox clutter beast

inboxCommunication and how we interact on a daily bases has changed. Mostly gone are the days we send lengthy letters or communications vial mail. We are in a society of connected individuals and our inboxes are paying the price.

Sometimes it seems impossible to look, and read every email that comes into our inbox and being able to tackle the overwhelming inbox daemon we are facing.

While I was tackling my inbox daemons I came across a blog John Battelle, Founder, Chair, CEO, Federated Media Publishing posted called “The Secret to “Cracking” The Inbox “.

I have found creating inbox rules for certain messages will keep my inbox clean.  For instance any article that comes in that is maybe just a great article to read and can be read at a later time/date goes into one file and a meeting request into another and will be responded to in the evening before I close out my inbox.

Unwanted emails, SPAM or Junk Mail go into another folder and are going to be blocked at the end of the week.

Emails without a subject line are automatically deleted and no one even gets to see them.

Every night make the point to clean out the inbox. It might take an hour the first time you do it. After a while it should be faster because you have created your personal inbox rules for your email.

Don’t be afraid to network

We all do it !!!  Networking!

Some of us better than others and some of us don’t realize we are doing it every day.

Just having lunch with friends or family is a form of networking. You are getting the word out about what you do and who you are looking for. It always comes up during casual conversation.

Watching the kids at a sporting event is a form of networking. You usually make connections on a personal level with the other individuals who are at the event. Going shopping can be easily an event for networking.

Some of us are connected through social media and that is also a form of networking.

OK…now what we do with all of our connections we have accumulated?

When you speak with active networkers they will most likely throw the Givers Gain tagline at you. It is much more than that and I found a good example in an article I have read on the website “Addicted 2 Success” called “13 ways to unlock the hidden power of your Network to increase your net worth”

  • Assess the barriers that are holding you back
  • Define your core passions and purpose with the Funnel Test
  • Create a mind-set of positive productivity
  • Develop a Give Give Get attitude…..yes givers gain is also part of the mix …..
  • Commit to shaking it up. Get out of your daily routine.
  • Accelerate your connections with technology
  • Cultivate relationships that support your purpose. Keep your core circle of networkers close and your secondary cycle close on hand.
  • Visit power pockets to accelerate networking
  • Hone your connecting skills and learn from hub players
  • Create content, products, or services to share your purpose
  • Develop partnerships to extend your reach
  • Learn to make successful asks.
  • Decide what brings you happiness and success: head, heart, or wallet?

 

Networking is a team sport and Jack Welsh put it best:

Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others. —Jack Welch

What type of Boss are you?

newspaperHaving been on both sides of the fence during my work career I recently stopped and contemplated about what type of boss I am.

Reading a lot of articles from different sources I came across an article that was posted in the Fox Small Business Center called “10 things great bosses do” and used their list to see where I am standing.

The 10 trades they listed were:

  • Holding yourself accountable
  • Don’t be full of surprises
  • Be prepared to fix things
  • Know and have a feel for your business
  • Get the job done
  • Manage effectively in every direction.
  • Be able to make quick and informed decisions, even when they are not popular
  • Be effective not productive and stay flexible.
  • Live for your job by being engaged, empowered, driven, and self-motivated
  • Make sure you keep your sense of humor, have humility, empathy and learn about your own limitations and fallibility.

 

Looking at this list I can see I still have room for improvement on the other hand I can personally see how far I have come.

 

In matter to grow a business we have to be willing to grow ourselves.

Who has your back while you are out?

SoHands touching a globemetimes there comes a time where you will be out of your office for an extended period of time. Is it maybe for business, pleasure, family or health related reasons.  This goes for anyone who is employed or self-employed alike. Sometime we all just need to take a break.

During the time you are absent especially when you are employed you know that your employer will make sure that your position is covered and when something arises during your absent that it is going to be covered and it will be taken care off.

How about the individuals who are self-employed? You do need a break and you do need to take time off, even when it is for a few days.

Who has your back while you are out?

 

Here are several Ideas and tips to make sure you can take a few days off and hopefully relax for a few days.

 

  • Inform your customers that you will be away and give them a contact person in your absence.
  • Give the contact person full authorization to pull any needed information in a possibility that one of the clients does need anything while you are out.
  • For potential call in’s make sure you have that contact personal name and number available on your voice mail or to the answering service you might using.
  • When you self-employed and you are part of an office like with real estate. Make sure the office knows who to contact while you are out.

Keep in mind, even when you are self-employed you need to have a team around to support you !

 TEAM

T- Together

E- Everyone

A- Achieves

M- More

Your house needs to be the seductresses to attract buyers

Many homeowners who are planning on selling a home are focusing on all the fixed and repairs they have to do on the inside and forgetting to keep up with the look and repairs on the outside.

No matter how great your home looks on the inside, when you do not have the inviting seductive outside, a potential buyer might not step foot in your home or might not make an offer due to the lack of appeal on the outside.

You can hire a landscaping company to help you, but you truly don’t have to.

Personal I have found that when after leaving town for a while and coming back was the time for a new set of eyes to look at a home. Did you like what you see or did you have the sinking feeling looking at your home after being gone for a while? Did you fall again in love with your great looking home or did you have the blah feeling because your home looked just like all the others on the block.

The greatest indicator that your home needs a bit more curb appeal is when you give directions to friends and family member based on a balloon tied to the mailbox or having to put a sign in the yard for them to be able to find you.

Some of the fixes can be as simple as adding different landscaping to a yard or changing the paint of the front door and either loosing or updating the current shutters.

Here are some examples:

           house 2 before       house 2 after                          house 1before      house 1 after

Have your home outshine the things you cannot control

Now for some time the current market has been due to lower interest rate and lack of availability of listed homes a sellers’ market. Still not every seller will see an offer or even multiple offers on their home even so their home shows on a consistence bases and has a lot of traffic of potential buyers.

There could be many reasons why some homes are off the market within 48 hours after there are listed and other still have not seen an offer even after 2 months or longer within the same zip code, area or even neighborhood.

Homeowner’s who are planning on selling their home quickly needs to look at their own house with a critical eye of a potential buyer. You can control many things on why a house might not see an offer right away and there others you have no control over.

 

Take control over what you can control before listing your home. Have your home outshine the things you cannot control.