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How To Get Top Dollar For Your Home - Fast
1. Time is money when selling your home After you've made the decision to sell your home, the longer it remains unsold on the market, the more it costs you. Many home sellers feel it's very important to receive close to their full asking price. But they overlook the additional months of carrying costs, such as mortgage interest, property taxes and maintenance. I've seen homes remain unsold on the market for years! Obviously, those home sellers are not highly motivated to sell. If they've already moved to their new home, maintaining a vacant, overpriced house can be very expensive, usually costing $1,000 or more each month the home remains unsold. 2. Get your home into near-model home condition Most home buyers today want to purchase a home which is in basically good condition and does not need major fix-up work. This is called a "red ribbon deal" home because it's like a gift wrapped with red ribbon. There are few buyers for fixer-upper houses--and they want bargain prices to compensate for the necessary work. The goal of home sellers who want to sell fast for top dollar must be to get the home into near-model home condition. However, spending major money is not required. Most homes just need basic, inexpensive work to get the residence into very good condition where all the buyer must do is turn the key in the door and move in. 3. The reason most homes don't sell--they are overpriced! Many home sellers want to set their asking prices above what their realty agent recommends. These sellers often hope an out-of-town buyer will overpay for their home. That rarely happens! There are several reasons, such as buyer's agents who look out for their buyers, competitive listings which are realistically priced close to market value, and lender's appraisals which reflect market value. Buyers quickly become experts on home values after they've inspected a dozen or more similar homes in the vicinity. They rarely overpay. Most homes have a "range of values." Many factors influence this range of values--such as local economic conditions, the home's location, supply of similar homes in the same price range listed for sale, number of buyers currently in the marketplace, the physical condition of the home, the skill of your realty agent to properly market the home to as many prospective buyers as possible, the financing available, quality of the local school district (the best schools create home buyer demand), and the desirability of your home compared to other nearby homes now available for sale. 4. Be flexible--don't get greedy If you're just testing the market and will sell your home only if you get your inflated asking price, then you're not a serious motivated seller. However, if you are motivated to sell, the best attitude is to be flexible, don't get greedy and don't insist on receiving the last dollar of profit. Instead, consider all purchase offers which are presented. No matter how low and insulting the purchase offer might be, make a counteroffer! After several days or even weeks of counteroffer negotiation back and forth, home sales often result. But sellers who are inflexible and don't make counteroffers have only themselves to blame when their home doesn't sell because they are inflexible and greedy. 5. Get out of the house! Finally, if you listed your home for sale with a professional realty agent, let that person (or a buyer's agent) do their job. Whenever you know an agent is bringing a prospective buyer to inspect your home, even on short notice, get out of the house! There's a very good reason you don't want to meet the prospective buyer. Experienced realty agents will tell you that until a buyer criticizes a residence, he or she is not a serious buyer. If the seller is hovering nearby, the prospect usually will not criticize your home. Instead, he or she will look at it and leave without making a commitment to that possible future residence. Also, the buyer's agent won't comment about the pros and cons of the house if the seller is within hearing range. Even if you just walk around the block 10 times while a buyer inspects your home, get out! Also, get your pets out--there is nothing worse than an offensive pet (or pet smell) to chill prospective home buyers from quickly buying your home for top dollar. For More Information on Selling your home quickly visithttp://www.webuyhouseshome.com Unlike other so called We Buy Houses websites, Rescue Real Estate gives you every available option for selling your home. Simply complete our short 1 page form, and get anonymous online access to our team of specially trained REALTORS®. Then, in as little as 48 hours, you will begin to receive offers to purchase your home from our nationwide network of real estate investors. Click Here to sell your home quickly and compare agents.
MORE RESOURCES: Rules that helped set real estate agent commissions are changing. Here's what you need to know SFGATE Top real-estate CEO sees decades of housing pain ahead: 'What the Fed did will have a 30-year tail on it' Yahoo Finance Landmark Settlement Breaks Up the Real Estate Cartel The American Prospect Five Ways Buying and Selling a House Could Change The New York Times Rules that helped set real estate agent commissions are changing. Here's what you need to know The Associated Press Austin's housing market takes a chill pill Morning Brew Real estate commission change shakes industry's foundation University of Miami: News@theU Local real estate agents face uncertain future with new negotiation rules WJHL-TV News Channel 11 The Realtors' Big Defeat The New York Times Central Texas housing experts talk impacts from $418M real estate settlement - 25 News KXXV and KRHD Central Texas housing experts talk impacts from $418M real estate settlement 25 News KXXV and KRHD What National Association of Realtors agreement means for Texas real estate KAMR - MyHighPlains.com CrewBaltimore’s mission to accelerate women’s success in real estate Afro American Newspaper Investigation underway after 44-year-old real estate investor seen on video firing shots off boat docked at Lakeview ... WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale National lawsuit could shakeup housing market, cut into real estate agent commission 11Alive.com WXIA A luxury agent on how the NAR settlement will change his business The Washington Post What Seattle-area homebuyers should expect after national settlement The Seattle Times Settlement will affect Iowa homebuyers KCCI Des Moines Once America's Hottest Housing Market, Austin Is Running in Reverse The Wall Street Journal H2 2023 Global Real Estate Report PitchBook News & Analysis Swimmo Invest Opens up a New Chapter in the Real Estate Industry Markets Insider The Best Places to Retire in Florida Real Estate Cities Face Cutbacks as Commercial Real Estate Prices Tumble The New York Times New rules on real estate commissions could change the housing market game LehighValleyNews.com Illinois real estate: Home sales in Peoria, Tazewell, Woodford counties Peoria Journal Star Investigation underway after 44-year-old real estate investor seen firing shots off boat docked at Lakeview home in ... WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale Realtor group will pay $418M to settle commission lawsuits The Associated Press Chicago Voters Face Choice on Tax to Fund Homeless Programs The New York Times Foreclosures Are Rising—Especially in This One State—but Not for the Reason You Might Think SFGATE Real Estate: March 4 to March 8 Newport This Week Realtors Reckon With a Seismic Shift to How They Get Paid The Wall Street Journal Israeli real estate event: Legal complaints escalate NorthJersey.com Is real estate the best investment in 2024? Racine County Eye Changes could be coming to fees related to home buying process Fox 46 Charlotte What the death of the 6% real estate commission means in D-FW The Dallas Morning News Rules that helped set real estate agent commissions are changing. Here's what you need to know News10NBC Bay Area Real Estate Executive Charged with Wire Fraud, Identity Theft in Investment Scam - Hoodline Real estate commissions, unassailable for decades, could crumble after landmark settlement The Denver Post Is the Era of the Celebrity Real Estate Agent Over? Industry Reacts to Settlement That Could Slash Commissions Hollywood Reporter China's Real-Estate Market Just Set a Record—but Not a Good One The Wall Street Journal The NAR Settlement's Impact On Commissions And Home Prices Financial Samurai Checking In on Dallas Real Estate The Dallas Express National Association of Realtors Agrees to Slash Commissions to Settle Lawsuits - The New York Times Real estate lawsuit settlement upends decades-long policies that helped set agent commissions WQAD Moline Real estate lawsuit settlement will affect Orlando agents - Orlando Business Journal The Business Journals Major Changes to Real Estate Business erienewsnow.com Manhattan Real Estate Update westsiderag.com Realtors Reach Settlement That Will Change How Americans Buy and Sell Homes The Wall Street Journal A commission settlement may affect housing market 9News.com KUSA Agent Migration and the Power of New Mike DelPrete End of 6% real estate commissions could mean lower home prices The Atlanta Journal Constitution 4 ways buying a home in D-FW may change after landmark Realtors settlement - The Dallas Morning News 4 ways buying a home in D-FW may change after landmark Realtors settlement The Dallas Morning News |
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