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
life’s hardest tasks. The thought of leaving behind old friends and
schools for a strange town can be frightening. The biggest challenge of
all, however, is 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.
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 buyer’s 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 bringing 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 doorknobs and sliding
doors, and straightening up the basement. Remember, your home’s
appearance on the day it’s 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 today’s buyer’s market.
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