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. When you decide to sell your home, giving the kitchen the once over is a good first step. Kitchens are unique in our daily lives. For some reason, we always seem to congregate there. Buyers know this and will be focusing on the condition of yours.
4. Whether buying or selling real estate, it helps to be flexible when it comes to negotiation. One mistake for sale by owners make is to pick a fixed position. If there is a roadblock in negotiations, try to think outside of the box to solve it.
5. When analyzing homes for sale in an area, it is important to focus on the correct numbers. Typically, you want to throw out any home that has a distinctly higher or lower price than the other homes unless there is something unique about it.
6. Many people try to sell real estate with an "as is" qualifier. The idea is this protects them from any claims the failed to disclose problems with the property. This assumption is incorrect. If you sell a home with problems, you must disclose them.
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, it is important to recognize the type of market you are in. After years of a hot seller market, the beginning of 2007 introduces us to a distinct buyers market. Home prices are falling, which means we have a volatile market.
10. Many people ask escrow officers for advice or help. Don't expect any! Escrow companies are supposed to be neutral third parties. They handle the paperwork, not negotiations or problems.
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.
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. When you decide to sell your home, giving the kitchen the once over is a good first step. Kitchens are unique in our daily lives. For some reason, we always seem to congregate there. Buyers know this and will be focusing on the condition of yours.
4. Whether buying or selling real estate, it helps to be flexible when it comes to negotiation. One mistake for sale by owners make is to pick a fixed position. If there is a roadblock in negotiations, try to think outside of the box to solve it.
5. When analyzing homes for sale in an area, it is important to focus on the correct numbers. Typically, you want to throw out any home that has a distinctly higher or lower price than the other homes unless there is something unique about it.
6. Many people try to sell real estate with an "as is" qualifier. The idea is this protects them from any claims the failed to disclose problems with the property. This assumption is incorrect. If you sell a home with problems, you must disclose them.
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, it is important to recognize the type of market you are in. After years of a hot seller market, the beginning of 2007 introduces us to a distinct buyers market. Home prices are falling, which means we have a volatile market.
10. Many people ask escrow officers for advice or help. Don't expect any! Escrow companies are supposed to be neutral third parties. They handle the paperwork, not negotiations or problems.
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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