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Monday, 8 December 2014

Tips On New Homes For Sale Preparation Process

By Claudine Hodges


If acting as a seller in any house selling process, it will only be fair for you to understand all that is involved with this particular process. It is the only way by which you will be able to actively participate in the activities that are expected of you. Undertaking your own research on the new homes for sale is a very important step in getting to know what to expect.

Make a decision early on, on whether to use a selling agent or not. This will allow you to better prepare yourself for the selling process in case you decide not to use one. Using an agent is however recommended in that agents are known to aggressively market their clients properties so that they can earn a commission for each successful sale.

Inquire on how long your contract with the agent will run. On many occasions, the contracts have been known to run for about ninety days. It can however be renegotiated in case this time frame lapses.

Ensure you research on how fast homes in your area are selling. The information obtained from this particular research will provide you with an idea on how long you may have to wait. It can therefore allow you to start making other decisions such as when to move out.

Contingent purchases are available for those looking to buy another household. This is an option made available for anyone looking to buy a new home upon the successful sale of the current one. It is an option that you need to take advantage of.

Elevate your marketing strategies during the open house sessions. This can be done by always making sure that there are freshly baked cookies available in the house. They not only act to keep the visitors for longer, but they will also chase away any house odors that could be present.

You should also set aside some finances to be used in paying for the various reports that are necessary. Common reports that must be paid for will include those touching on pests and the insure ability of a property. The general costs of each report varies between thirty dollars and three hundred dollars.

For any improvement or addition that is made, ensure there is a paper trail in place. The paper trails not only improve the house value, but they could also have you sued in case you do not make full disclosure when selling your residence. It is important to take the disclosure process very seriously.

Having come up with an asking price, always establish some flexibility. Determine how low you are willing to go in case the market is not doing very well. For a well performing market, you must be ready to go through multiple offers submitted by different buyers.

In case a house is not attracting any offers, consider lowering the asking price. You can always start with a price reduction of at least five percent. From this reduction, observe whether there will be a renewed interest in this house or not so as to decide what the next step will be.




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