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27 tips for Selling Your Home Fast, and for the Most Money! (Part 4 of 4)

By
Real Estate Agent with KW Elite

20. Avoid a “Real Estate Catch- 22.” Make sure you optimize the timing of the sale of your old house with search for your new home. If you sell your old house too soon, you may be temporarily homeless. If you buy your new house too soon, you may have to make two mortgage payments at the same time.

21. Don’t move out of your home until it is sold. An empty house is harder to sell because it looks forgotten, and it may be harder for the buyer to visualize themselves living there comfortably.

22. Avoid setting deadlines during a real estate transaction. This can add unnecessary pressure during a negotiation, and put you at a great disadvantage.

23. Don’t be defensive about low offers. This is all part of the bargaining process, and most likely the buyer won’t take it personally if you decline this first offer.

24. Remain firm during the negotiations. If you do receive a low offer, let the buyer know you’re serious about your asking price by coming up with an immediate counteroffer that is closer to the amount you are really hoping to get.

25. Consider the reasons why an offer is low. This might be an indication that a buyer has not been pre-approved for a mortgage of that size. Find out if this is the case before you spend any more time negotiating with someone who may not be qualified to buy your home.

26. Make sure all contracts and other paperwork are complete. Make sure all costs, terms and responsibilities have been specifically defined by the contract so that there are no delays or surprises later. Make sure all paperwork notes the date the contract was signed, and that the contract includes all of the proper information, such as the location of the property, the names of the parties involved with the deal, the date for loan approvals and closing, and all other pertinent information.

27. Do not stray from the contract. Changing even minor details of the contract, such as a move-in date, can jeopardize the entire deal. If the buyer wants to make a change to the contract at the last minute, tell them no.

Video, Thinking about Buying or Selling Condo or Home on your own?

Buying or Selling Real Estate in: Aventura, Hallandale Beach, Hollywood FL, Sunny Isles Beach?

27 tips for Selling Your Home Fast, and for the Most Money! (Part 1 of 4)
27 tips for Selling Your Home Fast, and for the Most Money! (Part 2 of 4)
27 tips for Selling Your Home Fast, and for the Most Money! (Part 3 of 4)
27 tips for Selling Your Home Fast, and for the Most Money! (Part 4 of 4)

 

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