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HOW
TO SELL YOUR HOME AT THE HIGHEST POSSIBLE PRICE.
Compliments of: Linda Christianson
Making a mistake in
selling a home can cost you hundreds or thousands of dollars in lost
profit. Often home sellers make the same mistakes over and over.
Avoiding these mistakes is easy and takes little time and effort on your
part. Take the time with your home sale and follow the guidelines in
this report.
1.
Distress Selling: At
times, selling quickly is unavoidable. That’s when knowing the right
techniques to sell your home without looking desperate and making
yourself a target for low bidders really pays off. Know all there is to
know about the market before listing and work hand in hand with the
right real estate professional. Ensure that you are not settling for
the first offer through the door.
2. Best Home in the
Neighborhood: Your home
is one of your most personal possessions. Don’t be blind to flaws and
needed cosmetic improvements. This will cause overvaluing of the home,
hurting it’s chances to be sold. Listing with the right agent gives you
a well informed third eye that will help you price your home at a fair
market price.
3. Limited Home Viewing:
Buyers want to view a home
on their own time schedule. Unfortunately their time schedule does not
always coincide with your time schedule. Leave a lockbox or key with
your agent so your home can be shown when you are not around. You never
know if the one who got away was your buyer.
4. Restrain Emotional Decisions:
Don’t allow a few hundred dollarsto
ruin a sale. That money will mean very little to you in the long run.
Take a look at the big picture and react rationally. Use sound business
judgment!
5. Make Cosmetic Improvements:
Prospects make up their minds within the first twenty minutes. First
impressions can make all the difference in selling your home. Spending
$1,200 on new carpet might add another $4,000 to the price of your
home. Get an objective point of view from your real estate
professional. They can provide you with a list of items that will
maximize the profit of your home sale.
6. Disclose Property Flaws:
Property disclosure laws require sellers to list any flaws required by
your state. If you are unaware of flaws or attempt to cover them up,
you risk losing the sale and finding yourself in court. Get
professional assistance from your agent who can introduce you to
qualified inspectors and ensure the smooth sale of your home.
7. For Sale By Owner:
Most homeowners who decide to sell their own home do so because they
believe they can save the commission paid to the real estate agent.
Everything has a price and selling a home carries a high one. The
enormous amount of time and effort required to sell a home often
surprises the “For Sale By Owner.” Furthermore, many costly mistakes
can be avoided with the right guidance.
8. Refusing to Trust Your Agent:
Would you tell a physician that you’ve
decided to run your own tests and come to your own diagnosis? By
choosing the right Realtor, you can relax and trust their judgment. The
right agent is a valuable team member who will protect your best
interests and make your sale as profitable as possible.
9.
Know Your Market:
Most homes that do not sell in their first listing period are priced too
high. Conversely, most homes that sell quickly are priced too low and
cheat the homeowner out of profits. You need to understand the market
and evaluate the value of your home based on fact, not gut instinct or
conventional wisdom. A professional agent knows the market, just as you
know the market for your business.
10.
Choosing a Realtor Based on Personal Relationships:
Home sellers often pick a friend or family member as their agent.
Choose an agent with a strong track record and aggressive Marketing
Plan. A top producer knows the market well and can generate many
buyers. Selling your home is one of the most important decisions you’ll
ever make! Base it on good, sound business sense and the rewards will
add up.
Before
you make one of your most important decisions regarding your home sale
shouldn’t you become as informed as possible? By aligning yourself with
a top agent you ensure that all the important issues and seemingly
insignificant but... very important... details are handled
professionally. Your home sale should not be a grueling ordeal. The
more informed you are, the better chance you have of making a sound
business decision.
I would really like to be of service to you. If you have
any further questions please feel free to contact me at…218-825-3610 or
800-250-9701
Ext. # 5058
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