Wednesday, March 16, 2011

Don't be anti-social on a social network for your business!

As business owners social networking is a great tool to have to reach prospective clients, to gain more online presence, and to keep people aware of the product or service you provide. But there are two reasons why most business owners fail miserably at social networking sites, the first is being anti-social on a social network, uh duh? and the next one is over selling your product or service. Of course there is no real magic potion to how people will respond to your services online, but experience has showed me that these two reasons kills business for small entrepreneurs every time.

Do we really connect or relate to people who are anti-social? would we realistically choose their services, uh no, and why not? Well when people are buying a product or service, they are looking for outstanding customer service, this is the key that will drives our business, we take that so mildly, but if we do not have good customer service skills to communicate, or we decide we don't have time to socialize (I note again, on a social network, duh!) we will not be as successful as we would like to be on these sites.

Sure people may like what we sell, and they may even befriend us on sites like facebook or My Space, but do we ever here from them again? or do we have a  hint or clue that they are atleast interested in what we have to offer? We cannot afford to take such risks as ignoring people as small business owners, we are not successful enough to ignore people, at least not yet, "giggles", and neither should big businesses, because many have eventually failed because of poor servicing themselves.

This does not mean that we have to talk our lives away online, after all we are running businesses, but we should be in enough connection with our customers or clients where they feel comfortable enough to at least approach us, and eventually want to utilize our services. And never understimate the value of a person, we don't know who they are connected to, that may drive your business sales through the roof, all because we took a little time out to connect with them, and then find out their first cousin is "LL Cool J", who happens to be looking for what you are selling,  this has really happened to business owners with online social sites.

And please don't over kill your product or service by posting it 500 times a day,  it just becomes, well, I'll just say it, annoying. We should have a strategy as to how we blend and balance our business with socializing, that's the whole point isn't it? Again this is for those of us who say we are "only" posting our services or  business to be seen, we can run an ad in the newspaper for that, where are the kind words to newcomers? taking two minutes to say hi to an old buddy? and this may kill us but, actually speaking or responding back to someone who has spoken to us, I know too much huh? LOL!   And Lastly, if we take time and check it out, most of the bigger and more successful businesses, make it a point to socialize with their customers, they may not get to everyone, but it does show character.  "good products or services will get us customers, but good customer service skills keeps them coming back for more!"

Thursday, February 10, 2011

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Copyright 2011 NATIONAL ASSOCIATION OF REALTORS®

Sunday, August 29, 2010

For Sale By Owner (FSBO) Helpful Tips!

FSBO Checklist



Use this For Sale by Owner Checklist to keep track of all the things you should do to sell your home yourself.



Preparing to Sell


___ Understand The Selling Process Completely. Read books about selling your home, and do some online research.

___ Prepare a timeline for moving out of your home and into your new home.

___ How's your curb appeal and landscaping?

___ Do you need to paint your front door or entryway

___ Do any rooms need painting or remodeling?

___ How is the carpet, wood floors, vinyl & tile?

___ Do any need to be replaced or professionally cleaned?

___ Reduce clutter, in every room and outside

___ Are all appliances in working order?

___ Are all faucets & toilets in working order?

___ Change any burned out light bulbs to bright white to brighten your home.

___ Clean all windows, inside and outside

___ Make sure all rooms are spotless and organized

___ Decide what items can be sold, given away or thrown away


Know Your Market

___ Is it a Buyer's Market or a Seller's Market?

A buyer's market exists when real estate for sale exceeds the number of buyers seeking to purchase real estate. In this case, a Buyer is in a better position as to price and terms because of this abundance.

A seller's market exists when the number of qualified buyers seeking homes exceeds the number of homes available. Home prices tend to be higher in this instance.

___ What other homes are for sale in your neighborhood?



Extra Expenses & Costs

___ Are you going to offer a Home Warranty?

___ Are you going to pay any of the Buyer's closing costs?


Pricing Your Home
___ Conduct your own research of neighborhood homes

___ Get a free Comparative Market Analysis. Click Here!

____Order a Professional Online Appraisal

___ Get a local appraisal by a professional

___ Decide what your "Asking Price" will be and what your "Final Price" will be


Marketing your home or property

___ Get For Sale by Owner Signs, directional signs, and a flyer box
___Prepare Real Estate Flyers including photos and all the features of your home
___ Advertise your home on the Internet
___ In a hurry to sell? You may want to advertise your home on the MLS.
___ Advertise your home in your local newspapers. 80% of home sold are purchased by people who already live or work in your area.
___ Decide which days you will show your home to prospective buyers. Usually, the weekend plus one night during the week is best.



Contracts & Legalities read more


___ Decide on the Title Company with staff of real estate attorneys

___ Get the required real estate contracts for your state. Read the contracts thoroughly so that you understand them. Ask your real estate attorney if you have any questions.



Negotiating an Offer with the Buyer

___ Read & understand the Buyer's Offer and present a Counter Offer, if necessary
___ Is the Buyer pre-qualified for a loan?
___ Accept the Contract, reject the Contract or prepare a Counter-Offer in Response to the Contract
___ Accept Earnest Money
___ Set Time Frames For Inspections, Financing & Closing


Document Exchange

___ Property Disclosure Forms are given to the Buyer. Click here to get the forms required by your state.

___ Buyer Provides copy of Loan Pre-Approval Letter to the Seller


Inspections

___ Home Inspection is completed

___ Home Inspection findings/issues are resolved, if necessary

___ Termite Inspection

___ Roof Inspection

___ Electrical Inspection

___ Other _____________________

___ Inspection findings/issues are resolved, if necessary

___ Home Appraisal Completed for the bank

___ Appraisal findings/issues are resolved, if necessary

__ Survey Is Completed, if necessary

___ Repairs Required By Contract Or Inspections are Completed



Title Company
___ Open Escrow with your Title Company
___ Deposit Earnest Money with the Title Company
___ Provide Necessary Documents the Title Company
___ Title Search Is Completed
___ Issues with the Title Search are resolved, if necessary
___ Settlement/Closing Date & Time Scheduled
___ 1. With the Title Company/Escrow Officer
___ 2. With the Buyer
____ 3. With the Buyer's Lender


The Walk-Through
___ Final Walk-Through Inspection is completed with the Buyer. Need a copy of this form? Contact me for a free no cost Final Walk Through Inpspection Form. mary.andrews@cbexchange.com
___ Issues with Walk-Through are resolved, if necessary



Do's and Don'ts to avoid common mistakes people make while photographing their home!
A must have! Contact Me For Your Free Copy. mary.andrews@cbexchange.com


Settlement/Closing

___ Review Closing Documents 24-48 Hours prior to the Closing
___ Resolve Issues with the Closing documents, if Necessary
___ Settlement/Closing Day. Be sure to bring your driver's license.
___ Go out and Celebrate




Don't forget to get your free copies of the Final Walk Through Inspection Form, or the Must Have, Do's and Dont's in photographing your home. I can also assist you with a free Comparative Market Analysis of your home.

Mary Andrews
Coldwell Banker Residential
6232 W. 95th St
Oak Lawn, IL 60443
Direct 773-563-3871
mary.andrews@cbexchange.com