Thursday, May 29, 2008

Real Estate Dos and Don'ts

Or, "How to sell your hut in two months or less and negotiate a thoroughly mediocre real estate deal":
  • Do . . . price your hut dirt cheap to move.
  • Do . . . photoshop the bejeebus out of the photos that are posted online.

  • Do . . . appeal to at least three out of five of your potential buyers' senses by decorating your hut tastefully, keeping it neat as a pin, flooding it with light, strategically placing fresh flowers, and brewing a pot of coffee or baking some Otis Spunkmeier cookies before every showing. Also, bust out the Febrize and spray the sh1t out of everything in sight.

  • Don't . . . chuck wayward toys into your vegetable crisper when frantically picking up the house for a last minute showing. People could totally look in there.

  • Don't . . . decline any showings. If, for example, a potential buyer wants to come back for a second look the day after their first showing, don't turn them away because it's your kid's nap time! You and everyone else involved will get a taunting email from the centralized showing service saying, "Second showing DECLINED BY SELLER." And you will have a lot of 'splaining to do to your real estate lady.

  • Do . . . ask for your long-awaited offer in writing before moving forward with negotiations. Especially if you happen to be on vacation in Canuckland with a crappy cell phone connection. It's possible you could mistake the amount of money the buyer wants us you to pay in closing costs for the amount of their down payment! Ha ha ha ha! Having inaccurate information in this regard could adversely affect the ensuing negotiations.

  • Do . . . bury a statue of Saint Joseph in your yard.
Was it a coinkydink or divine intervention that sold my hut? You be the judge.

(I must add that I think our real estate agent redeemed herself in the end. I almost choked on my Eggbeaters omelet when I noticed that she had our hut listed as a "showcase property" on the local real estate site. When I told our potential buyers to take a hike because it was the J-dog's nap time, she immediately got on the horn with their broker to make amends. And when it came down to the wire in our negotiations, she took a hit with her commission and got the other agent to reduce hers, as well, in order to push the deal through.)

Ah, but real estate bidness is not my only excuse for abandoning the old blog and chain during the past few weeks - I also went on vacation, had a stomach bug, and lost precious hours of my life towards the scrubbing of one hundred thousand laminated flashcards, wooden beads, and brass bells for end-of-year Montessori school clean up.

Also, since we didn't get the house we bid on earlier this month, we are now in the exciting and also frightening position of trying to find a new house to move into before we need to vacate this one. And it's kind of slim pickings.

Let me ask you this: would you buy a house that is overpriced, super Hi-Kwality on the inside, but kind of looks like it should be in a Florida retirement community instead of the sludgy midwest?

And how tacky is it to have a ginormous wet bar in your family room or a wall mounted TV above the jacuzzi in the master bath?

Just wondering.

29 comments:

painted maypole said...

glad you sold the hut!!!

Becca said...

The wetbar is kind of tacky (are there lots of mirrors? I'm picturing lots of mirrors with gold swirls for some reason) but the TV is kind of genius. We stayed at a hotel that had a TV in the mirror and I watched TV while I was taking a shower. You could totally maximize naptime!

Kat said...

Wow! Way to go St. Joseph! That is kinda freaky, isn't it? Hmm.

Good luck on finding your new home. I hope it all goes smoothly! :)

Shania said...

At least now you can flip sides and enjoy the buyer's market! Congrats!

flutter said...

you said coinkydink. I love you.

Jennifer S said...

Yay for selling your hut! And have fun looking for the next one.

As for the wet bar, that's thumbs down. But I doubt I wouldn't turn down the TV. I wonder how long I could soak before turning totally prune-y?

Anonymous said...

Good job on the sale. But finding a house in this financial climate is easier than selling. And no, I wouldn't buy any house I wasn't comfortable with. But at the same time I wouldn't turn down a good deal.

~Jef

Skiplovey said...

YAY! You sold it, that's awesome and pretty quick too.

Now you can kick back and relish being on the buyer's side, calling all the shots.

And when I say kick back what I really mean is "find an awesome house before you find yourself living out of a hotel."

I'm sure you guys will find a great house really soon. Do they have saints for finding houses too or just selling them?

Jenna said...

Congrats on the hut selling!!! I think I am going to do the statue burial when the time comes to sell our shack.

Your dream home has got to be out there...GO GET IT!

Jenna said...
This comment has been removed by the author.
Victoria said...

Buh-bye to the Hut! Congrats!

Oh, and I totally hear ya on the end of year Montessori thing. I'm in the midst of washing 44 floor mats. Joy.

justmylife said...

Congrats on selling your hut!!! Hope you find the perfect house before the big move out date!!!

Janet said...

Thanks for the handy dandy do's and dont's list: I learn something every time I come here.

And congratulations on selling the house! I know one you could buy dirt cheap, if you want to move to Canada and raise chickens in your backyard. ;)

JCK said...

Well, HUGE congrats on selling the hut! Have missed your amazing zany laugh out loud posts. Hey, have to have something to live for!

Could you rent a house until you find one to buy? Or maybe that is what you are talking about?

Thinking good thoughts.

Melissa said...

Congratulations! That's awesome! What do you think about renting someplace until you find that perfect home. Prices are still going down and you want to find something you really like instead of settling. Just a thought...

Magpie said...

Well done! Good luck finding a new house.

Karen MEG said...

Amazing, congrats!!! Now the fun part of house SHOPPING begins. Good luck with it!

Anonymous said...

What's a wet bar? Sorry I'm English and don't understand.

I would go easy on the photo editing next time, that hut of yours looks like it's from a model train set!

Amy said...

Way to go St. Joe! Congrats on selling the ol hut!

Not sure about either the TV or the wet bar. I guess it all depends on their era.

Miss said...

Yay! Congrats! Now the fun part, shopping. (Oh just TRY to be positive!)

Anonymous said...

Hooray for hut selling?

People seriously still have wet bars? I wouldn't do it. Those things kinda give me nightmares.

Lisa Wheeler Milton said...

Congrats! You give me hope as we march down that same path.

KC said...

Yay! Way to move the hut.

Tacky can be removed. (although I think a bar could come in very handy after this ordeal)

Karen Jensen said...

Why not change your lifestyle to go with the wet bar and the jacuzzivision?

Jennifer said...

Oh, congratulations!!! St. Joseph totally didn't work for us (upside down and everything) but he might have gotten pissed about me threatening him if he didn't come through..? ;) Good luck finding the new perfect hut!

bew said...

congrats....happy house hunting!

MamaGeek @ Works For Us said...

This may just be my favorite post of yours EVER. CONGRATS on selling the HUT, what a relief that must be I bet? I am sincerely happy for you.

Had I known that hut was that lavish, I would have bought it. :)

Rima said...

Mamageek - thanks, but I feel compelled to point out that it's not my hut that has the built in wet bar and jacuzzi, but rather the hut we are considering buying ;)

Minnesota Matron said...

The Matron is cheering! Married to a realtor, she understands the stakes and drama. LOVE that you refused a showing due to nap time. Nap time is sacred!