Sellers
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Know Why You are Selling to expedite the process of selling your home
To create the proper plan of action to get what you want, then you need to know exactly why you are selling. If you are a time crunch and need to close a sale as quickly as possible, then you should understand that getting the highest price possible is not one of your priorities. It does not mean that you won’t get the highest price, but it means that price is not the deciding factor. A buyer who can give you a fast closing will be much more appealing to you than a buyer who can offer you more money closing time will be longer than you can do.You also need to be clear on how low you will go, in terms of price. Even though you should consider all offers seriously and take into consideration the terms of each offer, if you know your bottom line and are strict about it, you can save yourself time.Once you are clear on what you want and need and are willing to accept, discuss it with your agent so that they can help you set your goals realistically. The key to a successful sale is to be realistic and to know what your goals are so they can be met.
Finding the Right Agent
Not all agents are the same, however any agent you choose to work with needs to honest, assertive, and understands your needs. Your agent should know the market and provide information on past sales, current listings, and their marketing plan.
Considering Offers
When reviewing offers, keep in mind that you are out to get the best price and terms for you. If you focus only on the price, you may overlook terms that could be favorable to you. Remember to look at the whole package. Take the time that you need to assess what is being offered and if it meets your needs.Some terms that may work in your favor:the buyer will pay for most or all of the closing costs;the buyer will take care of any repairs;quick close – the buyer is pre-approved and ready to close in a timeframe that best suits you; andall-cash dealThe Most Important factor…The most important factor of marketing your home is pricing it right. In order to get the highest price in the shortest time, you need to know how to market your home. Your price should be fine tuned to reflect the market and your property’s worth. You want to get as many people as possible checking out your property. The better you price and market your home, the more offers you will get, increasing your odds of getting the price and terms you want and need.If your property is not priced reasonably, you will have minimal to no buyers because your price is set too high and can be seen as unrealistic. You will also need to consider the condition of your home. Make sure that your is appealing and looks ready to be bought by a ready and willing buyer. Fix any defects (peeling or faded paint, cracks, stains, etc.)
Plan of Action
Understand why you are selling – If you understand your motivation, you will be in a better position to negotiate and to get what you want. Prepare your home – Maximize the strengths of your property and fix up its weaknesses. You want your home to make a good lasting impression.Find a real estate agent that understands your needs and that you are comfortable with – Make sure that your agent is loyal to you. They should be assertive and honest with both you and the buyer.
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