The first time your fly hits the water will be the most productive cast if you do it right. When you list a house drop it into the market carefully. The initial presentation of the fly or the house will be the most productive if you do it right.
Sometimes, it’s just best to just observe a pool for a while before presenting your fly. If you introduce the right fly properly, those milling trout will often rise to it and make a solid hit. But, introduce a fly too large, too small, or the wrong shape or color, or one that’s ragged, and the fish will be turned off, sometimes for the rest of your day.
When you list a house for sale, take some time before putting it on the market. Try and get the price right for the type of buyers you are trying to attract. Make sure the owners make the house look as sharp as they can.
Then put the house on the market with some finesse or flair – don’t just lay it out there. When a house first hits the market, those buyers that are the most qualified (those who have looked over all the other homes and rejected them for one reason or another) will rise to your properly priced and presented listing. And, if they strike, they’ll strike with a firm offer in order to beat the others.
Overprice it or introduce it with faults uncorrected and it’s likely to settle to the bottom after a time and become, “Oh, that house!”
The statements “Your first offer will probably be your best offer” and “Offers come in pairs” are explained by this analogy.
When a fish sees a new fly properly presented, it will hit hard and clean (make a high and firm offer). When one fish starts to move towards the new fly, another is likely to see the action and start moving in for a strike as well (two offers).
But, walk up to the pool and flog it with your number 4 June Bug, and you will spoil your water. Put your shabby bungalow on the Multiple Listing Service at 15% over the market, and you will have spoiled your buyer’s pool as well.
There’s an old saying in real estate sales, “There’s nothing wrong with any property that the right price can’t fix.” And, if you read between the lines it would suggest getting it “RIGHT” the first time around for the best result. Why? Because the digital/online history of your home for sale tells a story. And, with time, the story might suggest that there is something wrong with the asking price, or house.
” A Fisherman’s Guide to Selling Real Estate” by Mark Lomas
As we head into 2023 the housing market finds itself at a turning point, hindered by a dramatic spike in mortgage rates that chilled the market. A storm was brewing as sellers came to terms with the fact that volatile mortgage rates were rising and pushing some buyers to the sidelines dampening demand for their homes. Yet supply is still tight and home prices went up faster throughout the year than many American incomes. The cooling housing market also leveled the playing field for all types of brokerages as change became the new normal.
Looking for the perfect home, it turns out, is a lot like looking for love.
Prospective homebuyers frequently develop “crushes” on certain properties and drive by or go online for a second or third look while technically still playing the field, according to a recent survey.
And what makes one buyer’s heart go all aflutter can leave another cold as a stone.
The survey was conducted by Realtor.com, which polled 1,000 visitors to its website in the weeks leading up to Valentine’s Day.
It found that 69 percent of consumers admitted to having a “home crush” — a property they liked so much they were drawn back to looking at it more than once, in person or online.
The survey also revealed that in matters of the heart, like matters of the heart, men and women behave differently.
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MARK LOMAS & KIRSTEN WOLFE
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"Practicing the Fine Art of Real Estate"
It's who we are and what we do. We have over 30 years of experience facilitating the acquisition and sale of fine homes. Together with Sun Coast Real Estate Services, Santa Barbara’s leading residential brokerage firm, we can provide you with the best real estate services available. Experience you can count on!
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