Elizabeth Herbert

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Wiccan House Selling Spell

Posted by Elizabeth Herbert on March 1, 2010

When I was growing up in Northampton, MA the New Age movement was in full force. Everyday after school I would head to local bookshops to find the next must-have book purchase that would increase my knowledge and skill in all things Goddess.  I became quite the proficient Numerologist and could calculate the ascendant/Part of Fortune/Midheaven and Nadir of an Astrology chart on paper.  I could read tarot cards and runes and had multiple sets of each. Candles of all sizes and colors were piled neatly in boxes stored on bookshelves next to my extensive magical library so my calico cat Margaux couldn’t use them as toys.

Not too long ago I received a call from somebody close to me asking if I remembered any spells from that time in my life that would help generate money or sell a house quickly.  She was behind on her mortgage and needed to either cure the loan or sell the property for enough to at least break even.  Instead of digging out the grimoires, candles, and incense I told her to either get a second job or do a Short Sale (she’d paid too much for the house at the height of the market in the first place!). And no, I told her, I would not take the listing if she chose the latter over the former.

What a shocking thing for a Realtor to say, I know!  I am willing to take challenging listings BUT only if I know that the Sellers will be willing to not only listen to but hear what I say to them.  Should they not want to follow my advice, I need them to at least work with me as a team to try to find the best solutions to their problems.  If a seller isn’t willing to be realistic about their situation and local market there’s no amount of Wicca, prayer, or Voodoo that will change things for them. The reality is this; the only magic that will get a home sold is pricing the house according to the market and using TRUE comparative properties that have actually closed  to come up with a listing price (fixer-uppers to fixer-uppers, etc.).

I recently went on a listing appointment for a pristine, high-end house.  The owners were a successful, highly educated couple who didn’t need to sell, but they wanted to know what they might be able to get for their home if they decided to relocate.  Prior to meeting with the Homeowners I looked at a market snapshot for their area over the past six months. Properties were selling (and more often expiring) at more than one hundred fifty thousand dollars less than at what their house was appraised. My advice to them was to hold on to the house and rent it out if they had to, but if they sold in this market they would lose every bit of equity they had built up in their house plus. They didn’t like what I had to say and listed with another agent.  I expect they will be looking at a few price reductions before (if!) it sells. It’s a shame seeing intelligent people making foolish mistakes because if they would just hold off on selling they could get what the house is worth in the future.

Another listing appointment I went on recently was for a small 4-room house that was in desperate need of updating. The bathroom had very well-kept candy pink tile with black trim and the kitchen cabinets were something Roy Rogers and Dale Evans would have wanted in their dude ranch.  The price that I came up with was substancially less than what they ended up listing it for with another agent who used updated properties for comps.  Since the house was recently put on the market they’ve reduced the price twice, and now not only are they one of the higher-priced listings in the area but potential buyers will see the price reductions and most likely bid much lower than they would have had the house been priced correctly from the beginning.  To make matters worse, these sellers have a deadline. When it comes to a listing time is money.  These sellers lost both and will never be able to get either back.

In short if you don’t have to sell your home, wait.  If you do have to sell, be realistic about your property and price it according to similar recently sold homes.

If I can be of any further assistance I can be reached at elizabeth@elizabethherbert.com

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