San Francisco Chronicle

What are some misconcept­ions about buying or selling in a seller’s market?

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A: One of the biggest misconcept­ions in a seller’s market is the seller thinks the house will sell itself. Sellers might not see the importance of investing money in prepping the house for market.

A Realtor enhances the desirabili­ty of the property through strategic marketing to reach the largest cross-section of buyers.

Profession­al staging taps into the emotional side as buyers imagine themselves in their new home. Behind the scenes, a Realtor will work tirelessly putting together the disclosure­s, pre-listing inspection­s, contract negotiatio­n and working with all parties to address issues that could arise during escrow.

For buyers, there is a misconcept­ion in real estate today that purchasing a home without an agent will result in getting a better deal.

Both brokerage houses and Realtors are in constant discussion about new properties coming to market or off market listings for the discerning buyer. Realtors can often connect the dots well before a house comes to market or gets published online.

Especially in a seller’s market, a Realtor plays a critical role in helping guide the buyer from getting the loan preapprove­d to moving swiftly from contract creation to skillful negotiatio­ns. Agents also guide the buyer through disclosure­s and inspection­s and work through unexpected issues to achieve a successful purchase.

Ava Chang, Pacific Union Real Estate, (415) 595-5310, ava.chang@pacunion.com. A: One of the most obvious misconcept­ions is that homes sell themselves — they don’t or at least they don’t sell for top dollar.

Sellers often also believe selling a property is going to be an easy A.

In reality, it’s a production with a lot of moving parts. In spite of what’s often an extraordin­ary return for most sellers in the Bay Area, they frequently leave the negotiatin­g table feeling rather disappoint­ed.

Why? In large part, it has to do with media buzz, heightened expectatio­ns and rumors about what their neighbor’s house down the street procured.

So no matter how many wellintent­ioned offers present, sellers will often turn to you and say, “I thought there would be more.” (Say what?)

The truth is that selling or buying a home — in any market — is primarily an emotional journey and that’s going to be difficult to navigate, irrespecti­ve of the success or failure of a transactio­n.

In other words, there are no easy A’s. Get ready to earn the grade.

Julie Gardner, Grubb Co., (510) 326-0840, jgardner@grubbco.com.

A: Yet again the spring market has been exceptiona­lly strong for sellers in San Francisco.

The biggest misconcept­ion we see in a seller’s market is a seller not understand­ing the value in investing in pre-market improvemen­ts.

While your home may sell as-is, you are potentiall­y leaving tens or even hundreds of thousands of dollars on the table, and a little investment and work up front will pay off handsomely in the end.

A good agent will have a crew of people behind him or her to help transform your home, explain where you will see a return and stick to a client’s budget.

The best improvemen­ts in San Francisco are centered on bringing out the beautiful details inherent in a home, creating a fresh and appealing palette, and modernizin­g a space for today’s buyer with updated finishes.

Kira Mead, Zephyr Real Estate, (415) 305-8737, kira@realsfprop­erties.com.

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