Sellers should consider the following when selling their home:

 

1. Price. Pricing the property at or slightly below market is a smart selling strategy in today’s market place.
2. Have a strong marketing plan and advertising campaign in place. If you hire a Realtor, make sure he or she presents you with a unique marketing plan in writing for your home and provides you with copies of your home’s weekly advertising.
3. Open houses do Not sell homes. 
4. Real Estate Agent’s selling track record. Ask your real estate agent how many homes they have sold recently in the last three to six months.
5. Brokerage company support. What additional advertising and other services does the brokerage company provide? Does the brokerage company have their own title and escrow services?
6. Length of Listing. I recommend listing your property for 60 or 90 days to start. Your home should sell in 44 days or less no matter what market conditions are if you have priced it properly and marketed the home to qualified buyers.
7. MLS. Will your home be placed in the local MLS?
8. Legal Fees and Closing Costs. Have the title or escrow company prepare an estimate of your closing costs and fees. Some states use attorneys to close real estate transactions so you should ask in advance if there are any additional attorney fees as well as title fees.
9. Safety concerns. Ask whether your Realtor will be using a lock box to show your home or will the Realtor accompany all prospective buyers and other brokers on showings. Some brokerage companies charge reduced commission fees if Sellers show their own homes to prospective buyers.
10. Contract Terms. What if any are the amounts of buyer’s deposits and are they refundable or non-refundable? What types of inspections will there be and what are the inspection fees? How much in commissions do I owe? What are the Seller’s disclosure responsibilities and other laws I should be aware of?

 

Since all of the above items are important, be sure to ask your Realtor these questions in the very beginning so there is no disappoint, frustration and misunderstandings.

 

To find out more about my proven methods on how to get any home sold faster regardless of the market in 44 days or less, you can get a copy of my easy to read 40 page e-book entitled“Rapid Real Estate Sales, The Secrets Revealed” today, together with the never before released “Website Rolodex” for one ridiculously low price of $29.00 by visiting my website athttp://www.rapidrealestatesales.com/ or simply CLICK HERE TO ORDER.

Market Conditions Rule-Supply and Demand

Supply and demand influences the price at which your home will sell.

Proper Pricing To Stand Out in the Market

Pricing your home so that it stands out from other comparable properties is crucial, especially in today’s market. When pricing your home you must take into consideration current market conditions as well as location, upgrades and amenities, number of bedroom and baths and comparable home sales in the area. No seller wants their home sitting on the market and getting stale. So keep in mind that no matter what the market conditions are, if your home is priced right, it will sell. Your home should sell in 44 days or less.

AVOID OVER PRICING PITFALLS

Many sellers make the mistake of overpricing their home. Avoid this pitfall from the beginning. However, if you choose to price the home high and it does not sell, then you will have to keep reducing the price until your home does sells. Ask your Realtor for a weekly update of comparable home sales in the area. Buyers avoid making offers on overpriced priced homes because they don’t want to do business with unrealistic sellers. It is wiser to price your home correctly in the beginning.

Tips to Selecting the Right Price.

1. Price at or below market.

2. If you decide you want to price the house around $500,000, then list it for $499,900 instead of $500,000.

To find out more about my proven methods on how to get any home sold faster regardless of the market in 44 days or less, you can get a copy of my easy to read 40 page e-book entitled“Rapid Real Estate Sales, The Secrets Revealed” today, together with the

never before released “Website Rolodex” for one ridiculously low price of $29.00 by

visiting my website at http://www.rapidrealestatesales.com/ or simply CLICK HERE TO

ORDER.

FISBO VS. FSBB

(For Sale By Owner or For Sale By Broker)

A FISBO property is a For Sale By Owner property. The decision to sell by owner is contemplated by many Sellers and some are successful, especially in a Seller’s Market where there is high demand and low inventory.

FIZZLE OR SIZZLE

FISBOS are faced with the questions such as what price do I list my house at? Where should I advertise? What are the real estate disclosure laws that I need to be aware of? The majority of FISBOS gets tired and frustrated with the process and end up listing their property with an experienced broker who specializes in their area, has a network of buyers and other brokers to market your property to and is a skilled negotiator.

WHAT SELLS HOMES

In order for a home to sell, the home must be priced right, qualified buyers must be shown the property and the buyer and seller must be able to negotiate successfully.

POWER OF THIRD PARTY NEGOTIATORS

Most residential homes are sold by real estate brokerage companies because selling your own home is not so easy. Many real estate agents make the same mistake of thinking they can sell their own properties because they know the real estate business and have more knowledge than other sellers. I recommend to my friends who are Realtors to at least co-list their properties with another Realtor, and pay them a small percentage for negotiating the transaction. The power of a third party neutral negotiator takes the pressure off buyers and sellers because emotions can run high during the negotiating process.

To find out more about FSBOS and my proven methods on how to get any home sold faster regardless of the market in 44 days or less, you can get a copy of my easy to read 40 page e-book entitled “Rapid Real Estate Sales, The Secrets Revealed” today, together with the never before released “Website Rolodex” for one ridiculously low price of $29.00 by visiting my website athttp://www.rapidrealestatesales.com/ or simply CLICK HERE TO ORDER.

While I certainly understand that everyone who reads this entry will not use me as there Real Estate Agent..  However,  I strongly recommend they use someone.

Many of you who read this are saying “of course he is going to recommend that sellers use agents.  The guy is an agent himself…  That’s kinda like job security!”

Well, that actually has nothing to do with it! 

One of the biggest mistakes that I see is when people try and show their own home to perspective buyers.  It can be a total nightmare….

In fact, I request that the owners of the home are not present when I show a property…. 

Why?

Because a perspective buyer does not need to know everything that has happened in the house over
the time the seller has lived there.  

Now, I’m in NO way trying to say that a seller should not fully disclose everything pertaining to the condition of the house….. 

I’m talking about all the stories that sellers love to talk about as they show the house…..  How this room used to be little Johnny’s until he went to college….  Or this is where we put the Christmas Tree…. or the dining room can seat 23 because that’s how many we have for Thanksgiving every year…

Perspective buyers want to envision how this will be there dream home and the amazing memories they will soon make in there NEW home!

Most buyers will feel uncomfortable with you showing them your home.  They are going to associate the home with you, your stories, your family, your history.

They don’t need to know every little tidbit of memorabilia your house holds for you; they need to know that this home can be theirs.

Regardless of the condition of the real estate market, selling a home, although personal, is still a business transaction.

Let the professionals handle the showings of your home.  .

Allow time for the buyers to feel comfortable in your house and to start picturing themselves living there. Get out of the house for the showing….

 This tip alone will save you thousands when you put your house on the market!