Real Estate Investing

Archive for the ‘Selling a Home’ Category

Ghosts Don’t Sell Houses

haunted-house.jpgSeveral years ago, a colleague who is now retired co-listed a home in Nashville that was haunted.  It was not “supposedly” haunted … it had ghosts, plain and simple.  The home seller was a Civil War buff who had gone to a reenactment with a group of friends.  The reenactment was near an old plantation house and cemetery that were haunted.  There were tales both of laughter from children and images of adults that would appear in windows.  The cemetery was full of ghosts wearing mostly confederate uniforms.

After the reenactment, the group of friends sat on the back of a pick up truck drinking… watching for the ghosts to come out as the skies grew dark.  They waited a couple of hours and decided to call it a night before their wives came looking for them.  But as the brave seller was about to get in his cab, he shouted a challenge to the spirits, “If anyone wants to come home with me, hop in the back of the truck!”   The friends just cackled with laughter and punched him in the arm jovially.  It was a fun night and the memory of it wouldn’t fade quickly.

As it turns out, it didn’t fade at all because within two nights of his return home, mysterious things began happening at his house.  Toys that belonged to his grandchildren would be found on the floor of the playroom in the morning - toys that had been on a shelf the night before.  The seller ran a business out of his house and often times when he was on the phone with a client, he’d hear a child giggling.   Once he heard a toddler crying and he ended his call to see what was going on.  He never did find anyone.

The young spirits weren’t too bad, but an older soul would sit in the rocking chair for two hours every night.  At precisely 8:20 p.m., the rocking motion would begin. At 10:20 p.m. - after the local weather went off - the seller would say, “It’s time to go to bed.” and the chair would stop.

The house went on the market for six months and it was advertised as being haunted.  But no one was interested in buying a house with ghosts.  Why?  According to Curbed Hamptons,

It seems the paranormal don’t sell houses all that well, particularly in a luxury market, so on the surface, the Hamptons is utterly devoid of spirits. A 1991 court ruling in Upstate New York scared many storytellers, when a $650,000 house sale fell through after the seller didn’t reveal the hauntedness of her house. A $32,500 deposit had to be returned after it was proven that the seller had relayed ghost stories to the local newspaper and Reader’s Digest, but not to the freaked out buyer. 

So next time you think about inviting a ghost home with you, be careful.  You might not be able to find a buyer until after the ghostbusters come in to rid your house of unwanted, invisible, cold guests.

Photo by my former colleague of the house that really WAS haunted.

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Curb Appeal Screams Volumes

In our Halloween countdown, see if you can find at least one “scary” word in each post between now and Fright Night!  Mwaaa-haaaa-haaaaa….

As usual, I check at least every other day the new homes that are listed in my area.  Today there were two houses - virtually side by side because of price - that got my attention.  There was a $10,000 price difference and when I looked at the curb appeal on each - and if I had to pick without touring the inside of the houses - I’d go with the more expensive one no questions asked.  What do you think?

THIS

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OR THIS

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One is all brick with a nice garage.  The other one is vinyl, but well kept.  I think we know which any normal buyer would want.  The curb appeal sells the house!

This next house is just okay to me… the shrubbery is under control, it looks decently maintained.  However the brick near the ground looks dirty from rain splash back.  If the sellers pressure washed the brick, it would make a world of difference.

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Speaking of shrubbery under control.

YES

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NO

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Remember, that outside first impression can mean the difference in a fast sale or no sale. Get outside while the temperatures are cooling down (but not cold) and get your yard under control!

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Clean It and Mean It

I was giving such consideration to writing a post about cleaning your sign that I actually took photos of my sign before, during, and after a good scrubbing.

BEFORE

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DURING

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AFTER

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See?  How gross!!  Anyway, while I was *thinking* about writing this, Texas Realtor Deb Brooks actually wrote the post about what your real estate sign can say about the house that’s listed,

Remember what they say about a persons home? If the yard is trashed it’s probably the same inside.

Well, your sign speaks volumes of the way you conduct your overall business. Keep them fresh…

The perfect progression is of course…FOR SALE, OPTION PENDING, PENDING AND THEN SOLD.

She is absolutely right.  If your home is on the market for sale, just as you’d keep the trash picked up and the lawn mowed, the real estate sign should also be clean.  Your agent should bring the sign already clean before it goes in your yard, but if the home is on the market for awhile, it would be okay to either spray it down yourself or ask your agent to come and clean it.  You want that sign to be a reflection of a home being properly maintained and cared for!

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