By: Robert A. Hulme - Realtor - Loan Officer -Utah County, Including Provo, Orem, Pleasant Grove, American Fork, Lehi, Highland, Alpine and Cedar Hills, Eagle Mountain, Payson, Saratoga Springs, Spanish Fork, Springville, Mortgage Xpress, Agent
It certainly is a buyer's market right now. There is a large number of homes being offered for sale, with many being offered at a very low price. You need to determine how to avoid selling your home for too little money or too many different changes that could end up costing too much for the value price of the home. There are many different things one should think about before selling their home and about how to sell their home.
•· Understand and know the true value before you sell your home. Buyers are going to come in with an idea of how much the house is worth, how much they willing to buy it for, and how much the neighbor's house is worth. It is up to you to know how much your house is worth, how much the surrounding homes are worth, and try to keep their expectations much like your own.
•· Determine how much you are willing to sell the house for and list it higher. Now when buyers come forward, and offer you less, you will be able to get what you actually want for the house. There are some individuals who feel that the home is worth the higher amount and are willing to purchase the home for that amount, rather than attempt to bargain for a lower price.
•· Many buyers are willing to pay more for a home if there is a guarantee on it. Let's say a buyer wants to pay less for a home or have something replaced or changed. The guarantee may end up costing the seller more than just lowering the price.
•· Offering closing costs over a lower home price. Typical closing costs are a few thousand dollars. If the seller were to take those costs rather than a lower sale price, the seller would definitely be making more on the deal and the buyer would not have to come up with the additional cash for closing.
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