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Facts Every Seller Should
Know
Here are some important facts you should know before selling your home. These tips should
help you avoid making costly mistakes.
Rely on an Experienced Seller's Agent. Surveys show that people
who sell their homes themselves often net less from sales than sellers who use an
experienced Seller's Agent. In addition to providing a wide range of services, a Seller's
Agent can save you money by using years of successful negotiating experience on your
behalf.
For more information on Seller's Agents, click here.
Pricing the Home Correctly. The pricing of your home will
strongly influence how long your home is on the market. If you set a price that is too
high and your home has been on the market too long, then home buyers assume that something
is wrong with your home or your price and you will usually receive less than what you
would have received if you had priced it correctly to begin with. Approximately 80 percent
of your showings will be during the first three weeks on the market. Don't miss those
buyers who think they cannot afford your home.
Improvements to Make Before Selling. While it is important to
present your home in the best possible condition, undertaking the wrong kind of upgrades
will cost you money that you may not be able to recoup from the sale of your home.
Painting, replacing carpet (if needed), and updating kitchen and baths are a few things
you should be able to recoup.
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I will be glad to
discuss the situation with you before you make any major improvements. |
Staging Your Home For the Buyer. The first
impression is the most important one so make sure it is favorable. Your home should be
clean and free of clutter. Start packing things that you don't need. This will allow the
buyer to visualize their things inside your home. The outside of your home is as important
to keep up as the inside. Be sure your home looks inviting and well cared for from the
street. If you are competing with another home, most likely the one that is the neatest
and cleanest will get the offer.
Do Not Bypass the First Offer Without Serious
Consideration. Frequently, sellers reject any first offer, believing that subsequent
offers are bound to be higher. However, experience shows that the first offer can often be
the best. This is especially true if the buyer making the offer has already looked at
numerous homes on the market. So, if at all possible, consider the offer and see if you
can make it work.
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| How much should you
ask for your home? There are dangers in asking too little or too much. Find out what factors affect the asking price, what factors
don't affect the asking price and the dangers of asking too much. |
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The Hollee Jo Vail
Advantage |
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