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How to Sell Your Home at the Highest Possible
Price.
To sell your home for the highest possible price, you need to
avoid common mistakes! Small mistakes can cost you hundreds, even
thousands of dollars. Avoiding these mistakes is easy. Just follow
the simple guidelines in this report and you should be able to get
the maximum return on your investment.
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 your
market before listing and work hand-in-hand with the right real
estate professional. Ensure you are not settling for the first
offer through the door.
The right Agent can save you hundreds even thousands of
dollars.
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 its 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 next home
buyer.
4. Restrain Emotional Decisions: Don't allow a few hundred
dollars, which would mean very little to you in the long run, ruin
a sale. 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 few 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
profitability 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 worse, 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 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 Realtors, 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. Consequently, most homes
that sell quickly are priced too low and cheat the homeowner out
of profits. You need to understand your market and evaluate the
value of your home based on fact, not gut instinct or conventional
wisdom. A professional agent will know and understand your market.
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 their 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 (whom to list
your home with) shouldn't you become as informed as possible? By
aligning yourself with a top agent you ensure that all the
significant and seemingly insignificant, (but very important),
details are handled professionally. Your home sale should not be a
grueling ordeal. And the more informed you are, the better chance
you have of making a good sound business decision.
105 Pine St. Suite #103 Sandpoint, Idaho 83864
Office: 1-800-726-9546, (208)263-9546 Fax: (208)263-8314
E-Mail:
lanakay@lanakayrealty.com
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