1. Selling for too low of a price
When a home goes on the market and it sells within a day or two of being listed the sellers sometimes feel that it was listed for too low of a price. Usually the reason for such a quick sale is that it was priced right, and inventory is low. This creates quick sales on properties that are in high demand.
2. Flip side lots of showings no offers
When a property comes on the market and in the first couple weeks there are a lot of showings but no offers. This can make sellers feel very uncomfortable. How many people will have to come through the property before they get a buyer. This again will depend on the market and how many other similar properties are currently listed, and of course is the property priced correctly to get an offer.
3. What will home Inspection find
With any home inspection there will be some type of findings from the Inspector. His/Her job is to determine what could be a problem with the home or what is a problem with the home. I always tell my buyers that this is so they know exactly what they are purchasing. For the seller they may worry about having to renegotiate the price if any major repairs are required. This is why it is good to get an inspection done prior to listing the house. That way you can fix any problems that come up prior to getting an offer.
4. What if the buyer can not go through with Purchase
I recently had this scenerio, my buyer was paying cash. We negotiated the price and had the home inspection done. After the home inspection I was able to get the buyer a credit for some repairs that were needed. Only thing left to do was the interview for the community. Title company had title and closing date was set. I then got a call the next morning from the buyer saying she could not go through with the purchase. It would be too costly for her to do the updates to the property that she wanted to do. I felt bad for the seller, they were very flexible on all terms had moved most of their items from the property and now had to start all over again looking for another buyer.
All valid things to be fearful of when selling a home.
We are here to help all parties involved get over any hurdles that
we may come across during a transaction.
This content created by Barbara VanderMeulen Lead Buyer Specialist
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