How to Start a Bidding War on Your Waterfront Home in Candlewood Lake
As a seller of Candlewood Lake homes, you need to know how to attract the attention of buyers. It would also be helpful if you have a strategy on how to start a bidding war to get the best offer for your home.
Read on for some tips on how to start a bidding war on your property and get the best offer possible.
Create a website for your home
You can use the Internet and social networking sites to create a buzz about your home, which would more likely result to a bidding war. Having a website allows you to post pictures of your home and gives you the ability to share the link on Facebook, Twitter, Linkedln, and anywhere else prospective buyers may be hanging out. Since majority of buyers search for houses online, having an online presence increases the chances of getting seen and starting a bidding war. A website just for your house is a powerful tool that could help drive interest to your home.
Stack the open house
Another way to maximize exposure and start a bidding war is by having your real estate agent schedule an open house for potential buyers of homes for sale in Candlewood Lake shortly after the home is listed. Having an open house full of potential buyers increases the possibility for a bidding war because buyers don’t like feeling they are missing out. Work with your agent and schedule showings back to back so that potential buyers will bump into each other on the way in and out.
Select an agent with experience in managing bidding wars
When selling your home, look for a real estate agent who has the experience and strategies to handle a bidding war. Ask about his or her experience in handling multiple bids and similar negotiations. Find out how he or she plans to communicate with all the parties involved. Choose an agent who knows how to read a financial statement and to get pertinent information from the buyer, not just whether they have a down payment or not, but other pertinent details as well.
When buyers come and look at a home, they want to envision themselves already living there. With so many other lakefront properties in Candlewood Lake, it is essential to make your home look comfortable. If your house is already vacant, consider renting furniture or hiring professional home stagers to decorate. Keep in mind that most buyers won’t be attracted to empty and uninviting homes.
Set a deadline for the best and the highest
Most sellers want at least two offers because working with just one gives you no leverage. Once you have two or three offers, you can now schedule a best and final bid. When scheduling a deadline, it is advisable to wait a few days after the offers start coming in. Give buyers some time to submit a second and better offer. Buyers usually may want to come back for a second look or may want to take a day or two to sweeten the offer by moving funds around or reapplying for financing.
Check out http://www.CandlewoodLakeHomesforSale.com today for more home selling tips and suggestions.
If you want to work with a real estate professional who can assist you in buying or selling Candlewood Lake, Lake Lillinonah homes, Lake Waramaug and Lake Zoar real estate, call me, Deborah Laemmerhirt, at 203-994-4297. I have the knowledge, expertise, and tools to help you close that deal.
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