The Six Best Ways To Beat The Stress Of
Selling
DEATH, DIVORCE, & MOVING
are the three most stressful experiences in life.
My 10 years in the business, plus moving my own family 10 times, has
taught me some important lessons. I learned that there are two very
different kinds of needs that people have while moving. First there
are the transactional needs, like finding the home that is just right
for you, finding a seller who is realistic, negotiating the price, filling
out the paperwork, handling the escrow, and arranging for the move.
But there are also emotional needs that are involved when moving, and
this is where the biggest stress comes in. Any competent agent will
handle the transactional needs for you, but if your emotional needs
are unfulfilled, you'll be frustrated and may not act in your own best
interests. The ideal real estate agent is one who is competent with
paperwork and numbers, but can also guide, direct, and counsel you through
the emotional ups and downs of moving.
Here are the six best ways we've found to beat the stress.
1. Begin with the end in mind.
Have an ultimate scenario of where you're trying to be. What will life
be like when you get there? How will it be better than where you are
now? Dwell on that picture and write it out, fill up at least a page
about how it feels in the new place. This is imperative. Having the
goal in front of you at all times energizes you to achieve it, in spite
of setbacks and frustrations. Emotions will run high and you need an
anchor. In childbirth, the Lamaze method teaches you to focus on one
spot when enduring labor pains. In the Bible it says that Jesus willingly
went to the cross by focusing on the joy He would have when it was over.
In the same way, you too must focus on that future goal when anxiety
threatens to get the better of you.
2. Be flexible.
In your monetary calculations, have a pad of 2 or 3 thousand dollars.
In this buyers market, anything can happen between contract acceptance
and closing. The fact is, there are so many protections for the buyer
these days, that just about anything can be a reason to renegotiate
what was already agreed upon. It could be the inspections reveal areas
of concern, or the appraisal may even come in low. As your agent, I
would strive to tie up these loose ends as quickly as possible, but
remember there is no perfect world.
After inspections are performed, the buyer usually has a laundry list
of items to be repaired. This feels like adding insult to injury! Sometimes
sellers are not happy with the prices they are getting anyway, and now
it seems the buyer is milking them for more. It certainly feels like
that and I've seen many sellers get angry. Anger is caused when reality
doesn't match up with the expectations you had in your mind. So if you
anticipate this happening in advance, you won't get angry. In fact,
it'll probably go better than you expected.
3. Trust in the process.
There's just so much to do, it's easy to panic. You wonder if it will
ever work out. In fact, when we bought our house, we couldn't eat for
a day, we felt sick to our stomachs! You think you're taking a big chance,
but the truth is you're giving yourself a big chance. Even though you
can't see every step of the way, as you move towards your goals, the
way opens up. We know that you haven't moved in a long time and it's
a major upheaval in your life. But we've been there many many times
before, and we'll be looking out for you. Trust that we know the way
to get you there.
4. Get knowledge.
One thing you'll probably feel during this transition time is being
out of control. It feels like everyone else has taken over your life.
The buyer, the buyer's lender, the appraiser, the inspector, they all
have the power to say yes or no to your moving plans. The termite inspector,
the title company, the repairmen all can reach into your pockets and
reduce your bottom line. It stinks!
I'll try my best to let you know ahead of time what your expenses will
be, and what the unknowns are. I'll tie down the loose ends as soon
as possible. I'll try to get the buyer's loan approved within a reasonable
time frame. One way to avoid the buyer requesting repairs is to fix
everything that isn't perfect in your house before selling it! But on
the other hand, they probably will only request a few things, and I
guarantee it won't be the things you would pick if you were buying the
house!
5. What is your option?
When things don't go as smoothly as you had hoped, don't let emotions
take over. Always ask yourself "What is my option?" because there are
always options. Let's pretend the buyer takes longer than agreed upon
to get his loan. You'll feel upset because you wanted to feel certain
about the move and now you still have to live with the uncertainty.
You want to say "Forget you, I'm fed up with this!" But what is your
option? Cancel the agreement and find another buyer? That may take months,
plus you have to wait for the new buyer to get a loan anyway. If the
buyer's trying his best, it may be better to give him a few more days.
Each case is unique, but when setbacks occur I've found that asking
yourself this question helps to defuse the situation and restore clear
headed thinking.
6. Seek entertainment.
When there's nothing you can do about the situation, take your mind
off of it altogether. Maybe you expected loan approval on Friday, but
now it won't come until Monday. You hate being in limbo and feeling
powerless. So do something else entirely, maybe something where you
aren't powerless. Take a hike, play tennis, get out of town for the
day. Watch a movie, pray, or pour yourself into your work. Whatever
diversion works best for you, now would be a good time to engage in
it. Just forget the situation and refuse to listen to those irritating
thoughts when they come into your head. Think about something else instead,
and just do it one day at a time.
To keep stress to a minimum, here's how I'll
serve you when you hire me to sell your home:
-
Give my best reasoned expert counsel and advice with your best interests
in mind.
-
Clarify your goals and motivation, and decide if moving is the wisest
choice at this time.
-
Remove the risk in listing your property - you can fire me at any
time!
-
Expose your property to the greatest possible number of potential
buyers.
-
Provide recommendations and information to help your kids through all
the changes.
-
Give tactful guidance on staging the property to appeal to the majority
of buyers.
-
Develop a strategic marketing campaign with enticing advertising
copy.
-
Employ the latest in technology to mastermind ways to get your property
sold.
-
Negotiate effectively for you to get the highest amount in your
pocket.
-
Treat your money like it was my own, shaving every expense possible.
-
Protect your interests during escrow, keeping a detailed record of the
transaction.
-
Be your level-headed sounding board or relief valve when the stress
is overwhelming.
-
Counsel you through the feelings of loss and remorse.
-
Alert you ahead of time to every possibility so you feel more in
control.
-
Contact you daily during the last 10 days of the transaction to serve
your needs.
-
Provide guidance and help with movers, change of address, utilities
shut off, cleaning, etc.
-
Deliver your closing paperwork and check.
-
Continue to give you information of value after the transaction... for
life!
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