Trying to sell a home in our current real estate climate can be a real headache for a seller. Many homes now stay on the block for months at a time, and numerous areas are just trying to fight their way through the backlog of foreclosed upon properties, which only drives prices lower. In the first 30 days of 2011, over one-third of all homes sold were sold at a loss. As the spring/summer buying season gets into gear, buyers are clearly still in command, and they are well aware of it. This is all the more reason, if you are planning to place your property on the block, to understand some common mistakes sellers make, and how you can avoid them.
Teenagers making out in a car in the woods where a known killer is on the loose, is the equivalent of you being pushy with a speaker after a Q&A. It makes me cringe when I watch someone push their script or reel on someone who is clearly saying they can’t accept it. DO NOT CORNER THE SPEAKER! Instead, ask him/her a relevant question based on the panel or screening, and then follow up with a note reminding him/her that you were the person who asked (insert your question).
Just picking up the phone book and choosing a https://kayodeobembeco.com.ng agent based on their yellow pages ad is just as smart as choosing a brain surgeon by the same method. Once you make the announcement that you are ready to buy or sell a home, you may be surprised at the number of people who want to represent you. You won’t have to worry about finding an agent; you only have to worry about finding a good agent.
With this in mind, agents can save you valuable time and energy by only showing you homes that match your requirements. They have access to all local listings, and can pare down your search time considerably. Without an agent, you can end up wasting countless hours viewing new builds that just aren’t what you’re looking for.
The confidence you gain by getting your feet wet the first time could – who knows? – make you want to do it the second time, and then a third time…and more!
People buy homes for multiple different reasons. Some may buy a house as a rental property, and hold it has an investment property. Most people buy a home so they can start a family. Another great reason to buy a house is because you are not wasting money on renting something. When you pay on your home, that money goes towards your principal balance of the loan you have out on your house. You do not get the interest you pay back when it comes to your principal balance, but you do get that money back another way.
Now you will have to do the marketing for your product and business, so don’t skimp on that. Other than that, you don’t have to invest a lot of money to earn a ton. There are a lot of people online who gets lots of website traffic to their site everyday using free marketing. And if they do any kind of advertising for the month – it’s around $200 to $300 a month. So you should know that you don’t have to shell out a ton of money to get traffic and sales.
But by studying the market, you can determine what a real price can be. Often, it’s all about the location. The only way to determine the ARV is to look at comparable sales for the area. First drive by the subdivision comps. Compare them to the subject property you’re evaluating. Is the neighborhood the same? What you want should be similar in size, bedrooms and baths, frame or brick. Make a list of these and take street pictures.
For couples just recently married, the whirlpool or spa might just bring you closer to finalizing that deal. One thing with house hunters: they start with a budget in mind, but watch how they’re easily swayed to stretch that budget a little more when they see amenities that they otherwise would not have thought about previously.
You only get one crack at buying your home. You should do everything you can to succeed, and this means getting the right real estate agent on your side from the start. When you do this, you can be rest assured that you are well on your way to buying the property that is right for you.