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Use a Buyer's Agent
It's important that you choose an experienced
real estate agent who is there for you. Your agent should
be actively finding you potential homes, keeping
you informed of the entire process, negotiating
furiously on your behalf, and answering all of
your questions with competence and speed.
First, find an agent who represents you and not the seller. This
situation is beneficial
during the negotiation process. If you are working with a buyer's agent, he
or she is required not to tell the seller of your top choice. In addition,
he or she is also focused on getting you the lowest asking price.
Also, when you use a buyer's agent, you will see more properties. Not only
are they plugged into their Multiple Listing Service, but also, they are actively
finding homes that are listed as FSBO, or homes that sellers are thinking about
listing.
More Buyer's Tips
Getting the Highest Price in the Shortest
Time
In order to get the highest price in the
shortest time, you need to know how to market
your home. The better you market your home,
the more offers you will get. And the more
offers you get, the more choices you have to
get the price and terms you want.
The most important factor of marketing your home is pricing it right. Your
price should be adjusted to reflect the market, and the property's worth. The
key is to get many people checking out your property at a fair price instead
of having no buyers because your price is set to high.
Another important factor is the condition of your home. Make sure that your
home looks ready to be sold. Fix any defects (peeling or faded paint, cracks,
stains, etc.) Condition alone can sometimes prompt fast buying decisions. Not
only should you fix any defects, but consider upgrading your home by making
major repairs and cosmetic improvements before selling. A nice looking home
triggers the emotional response that can lead to a financial response.
Learn how to negotiate the best terms for all parties involved. Terms are
another factor which may be adjusted to attract buyers. If you insist on getting
your asking price, think of what you can offer to the buyers. For example,
think of improvements you've made or even
of offering seller financing at a lower than
market interest rate on a portion of the sale price. Convince them why they
should be paying the price you have set.
Lastly, get the buzz out about your home. List your house with a hot
agent that ensures your house is listed on the MLS and on the internet.
On your own, get the word out. It should be visible to passerby's
that your house if for sale, whether it be signs, local advertisements
or you telling friends, family, and acquaintances.
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Seller's Tips
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