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Moving Your Home In A Buyer's Market |
By:
Hal James |
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Moving Your Home In A Buyer's Market
by Hal James
After years of the sellers being in control, the real estate market has swung like a pendulum in favor of buyers. Don't worry. You can still sell a house if you follow these tips.
1. When you are selling your home, allow it to be shown at a moment's notice. Qualified buyers aren't "a dime a dozen."
2. Buyers are always going to offer less than the asking price, so make sure to list a sales price that is higher than what you want. This gives you wiggle room to negotiate and avoids a situation where you are trapped by your initial asking price.
3. An attractive brochure can help you sell your home. A brochure that looks like a home featured in a magazine does the usual "memory jog" for people who have toured the house, but it also "adds value".
4. With the fluctuating home prices we are currently seeing, buyers can have problems getting financing regardless of their credit. Don't drop the buyer! Instead, offer him or her a second mortgage.
5. When it comes to selling your home, your driveway tells potential buyers a lot about your property.If it has cracks and nasty oil stains, it is a blight on your property. Make sure to clean it thoroughly and repair all cracks.
6. When searching for homes, buyers focus on those they can see. Regardless of where or how you market, you must include home photographs in your marketing material.
7. When showing your home, you need to have a friend watch your pet. You also need to go through the home and remove all pet odors, hair and so on. Once you sell the property, you can buy another one with a bigger yard for your little one.
8. If your home has been on the market for several months and has not sold, you can bet it is for one of 3 reasons. It is priced too high, it doesn't show well, or you haven't brought it to the attention of enough buyers.
9. Whether buying or selling, you will want to take a close look at comparable homes in the neighborhood. Do not pay much attention to the listed prices. Homes do not sell for the listed price. Focus on the actual sales prices of recently sold homes.
10. When it comes to negotiating on the purchase or sale of real estate, it is important that you know what you want. Most people just have at it off the cuff and later realize they really didn't do a good job.
If you are a seller, the real estate news probably sounds pretty grim. It really isn't. There is always a market for sellers and buyers. You just need to put your nose to the grindstone a bit. Since most people don't, you'll have an advantage and get that sale.
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Article Source: http://www.statssheet.com/articles/article53776.html |
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