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Help Sellers understand - What you THINK you will lose you CAN gain!

By
Real Estate Agent with ERA Herman Group Real Estate-NoCo

  HAVEN'T WE ALL HEARD from a potential Seller that THEY CAN NOT SELL right now because they will not make enough money on their home? That they WANT this amount of equity or profit before they will sell!

Just a few excuses that I personally have heard:

  1. I want to sell my house next summer when the market is better.
  2. I am not going to make the money on my house that I think I should.
  3. I have things I want to do to it first.

Crossing GuardSTOP RIGHT THERE SELLERS - LISTEN TO THIS NEWS ALERT !!!   

HERE ARE JUST  a few thoughts to consider :

  1. Yes, the Market MAY be better next year and your house might sell for more. BUT THE HOUSE YOU BUY NEXT YEAR will also be more money making it a wash!
  2. Your upgrades are exactly that - your upgrades and unless they added permitted square footage, and you did NOT upgrade yourself right out of your neighborhood, you will NOT get what you put in out of your home. They were for your pleasure and taste.
  3. Why continue to put more money into your home if you intent to sell it? Other than recommended updates and repairs.
  4. With lower interest rates & great loan programs out there, you are making it easier for a Buyer to purchase your home and you can get into your NEW homes for an amazingly low interest rate, giving you more buying power.

IF YOU ARE CONSIDERING SELLING YOUR HOME THINK ON THIS:

 Accountant WHY HOLD ONTO THE HOME YOU ARE PROBABLY PAYING A HIGHER INTEREST RATE ON THAN WHAT you will pay when you purchase your new home during these GREAT rates.

 Light Bulb WHY NOT BE IN YOUR NEW HOME SO THAT WHEN THE MARKET DOES FINALLY TURN AROUND UP YOU WILL BE BUILDING ALL THE EQUITY IN YOUR NEW HOME!

 yes WHAT YOU THINK YOUR GOING TO LOSE IF YOU SELL YOUR CURRENT HOME NOW, YOU WILL ACTUALLY GAIN IN YOUR NEW HOME IN THE FUTURE.

Posted by

  

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

These are very valid points made Sherilyn!   Hope sellers get the message!

Oct 17, 2010 03:56 AM
Sherilyn M. Whistler
ERA Herman Group Real Estate-NoCo - Loveland, CO
Need a Referral, Call Me !

Thank you Joan !! Have a relaxing "Broncos" day... Sent you email about lunch next week!!

Oct 17, 2010 04:03 AM
Alex Morris - Austin Real Estate Agent
Austin, TX

Have you been eavesdropping on my conversations?  I have had this conversation more than I care to admit!  GREAT ADVICE AND INSIGHT! (did I just conceitedly compliment myself there?  I think I did.  Not the intent!).  FEATURE!

Oct 17, 2010 04:54 AM
Mark Edwards
East West Realty - Suffolk, VA
East West Realty

Great reasons Sherilyn. Appreciate the tips.

Oct 17, 2010 05:49 AM
Sherilyn M. Whistler
ERA Herman Group Real Estate-NoCo - Loveland, CO
Need a Referral, Call Me !

ALEX:  Hey - great minds think alike ! What can I say !

MARK: Your welcome.

Oct 17, 2010 10:31 AM
Kaera Mims
Liz Moore & Associates - Fort Monroe, VA
Associate Broker, e-PRO, REALTOR; Hampton, Newport News, York Co.

I was just having this conversation with a past client last Friday; hopefully they have spoken to the loan officer for pre-approval. Great post; thanks for sharing :-)! 

Oct 17, 2010 04:36 PM
Sherilyn M. Whistler
ERA Herman Group Real Estate-NoCo - Loveland, CO
Need a Referral, Call Me !

Karea:  Thank you and congrat's on helping them to see the light of reason!

Oct 17, 2010 04:41 PM