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ATTENTION
TO DETAILS HELPS HOMEOWNERS
SELL FAST IN A BUYERS MARKET
Your boss has just given you the career opportunity of
a lifetime, but the job is in another state.
Soon you discover that moving your family to another city
may be one of lifes hardest tasks. The thought of
leaving behind old friends and schools for a strange town
can be frightening. The biggest challenge of all, however,
it to preserve the equity in your housing investment so
you will be able to purchase a similar home in the new
location.
Not to worry. Even in these uncertain times homeowners
can sell at very satisfactory prices in a reasonable period
of time. The secret?
Pay attention to details, utilize marketing savvy and
price the home to sell quickly.
The following tips can help you get that sold
sign up fast.
SELECT A SAVVY REAL ESTATE AGENT
one with a successful
track record in your neighborhood, backed by resources
that extend into outside housing markets. Make sure the
agent prepares an effective listing of your property -on
that outlines all the features that make your home unique.
Also, its smart to prepare a separate fact sheet
that can be distributed freely to all interested buyers.
In soft time, offering the agent a bonus if the house
sells within 60 days can work to the homeowners
advantage.
OFFER THE RIGHT PRICE. Start with a price that is reasonable
for your neighborhood and the size of your home. Comparing
the price of your home with similar nearby listings is
an easy way to be sure you are offering the right price.
Comparing the opinions of two independent appraisers will
also help you avoid over-pricing.
PAY PART OF THE CLOSING COSTS
usually 3 to 5 percent
of the loan amount. This will attract those first-time
buyers who are short on cash for down-payment and closing
costs. Offering to turn over personal property such as
washing machines and dryers, refrigerators and flower
boxes can also attract buyers looking for the best deal.
ACCEPT CONTINGENCY AGREEMENTS. Make your sale contingent
upon the sale of the buyers home. This takes away
buyers fears of juggling two properties and mortgages
at the same time.
TAKE ADVANTAGE OF THE CORPORATE RELOCATION TRADE. Be sure
that your broker is connected to a relocation network
- one capable of brining in buyers from distant places.
And, of course, try to get your employer to provide you
with relocation assistance, too.
MAKE YOUR HOME STAND OUT. Fresh paint and flowers can
go a long way in impressing buyers. Tend to such details
as moving the lawn, fixing stubborn door knobs and sliding
doors, and straightening up the basement. Remember, your
homes appearance on the day its shown can
make or break a sale.
The bottom line is that sellers should take the time to
make their home as attractive as possible. Compiling helpful
tips for the buyer about school districts, utility bills
and directions to the nearest shopping mall can go a long
way in selling your house quickly.
With a little work and an active real estate agent, chances
are good that your house will sell fast in todays
buyers market.
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