 |
Organization
Effectiveness |
Stephen Reilly
Best Practice Real Estate ©
Information Technology Enabled Organization Effectiveness ©
Downsizing
This program has been designed to assist people with downsizing.
Suggested Guidelines:
Be clear on objectives – why are you downsizing?
- Put in writing
- Do this with your spouse or partner
- These are criteria to evaluate you move to determine if you are successful
Update financial plan
- Get income greater than expenses!
- Make tough decisions if required
- Use a professional financial planner
- Be realistic
Location selection
- Select and get excited about where you are going first.
- Plenty of resources available to evaluate alternative sites
- Be clear on objectives. They might
include
- Near family
- Near hospitals
- Near work opportunities
- Weather
De-clutter and clean up home
- Sell things on e-Bay or through a tag sale
- Just DO IT! Rent a dumpster and clean put the house. Cost approximately $400.
- Hire a firm that specializes in selling family accumulations.
Type of living selection
- Single family in neighborhood
- Single family in managed community
- Condo stand-alone
- Condo in multi story building
- Old or new
- Determine what new location will cost to purchase and cost of living
Price home
- Use professional assistance who knows the market and how to maximize price
- Be realistic
- Ask three professionals and take the lowest estimate.=
How to get the most for your home
- Use a quality realtor early in the process. They know what people are looking, your competition and can make suggestions to help present your home in the best light.
- Sometimes it is a good idea to use a professional staging company.
- De-clutter, clean and bring maintenance up to a normal level.
- See home maintenance tips at home owner page.
- Decorate and renovate http://www.improvenet.com/
- Marketing
- Advertising
- Selling
Realtor selection, things to look for
- Team of specialists
- Staging your home for sale
- Pricing strategies
- Traditional real estate marketing, advertising and selling using best practices
- Uniques marketing practices, differentiatin.
- For example, we invite people to open houses
- We have several people at an open house to explain property functions and features.
- Presentation on Realtor.com and MLS
- Lots of great pictures
- Proactive Internet marketing
- Extensive network of prospective buyers and realtors
- The Realtor selected does what we say they are going to do
- The Realtor selected provides ongoing feed back to you about how the process is working
Realtor Agreement
- What they do
- What you do
- Marketing and Advertising plan
- Project management to sell your home
- Periodic evaluation and adjustments, as required
Move planning and execution
After the move to get adjusted
For some ideas look at: