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January 13, 2008 - You'll find home selling tips for houses, town homes, villas, and condominiums, scams to keep away from, how to opt a seller's real estate agent, what to set in your contract, real estate agent tricks to watch out for, and negotiating tips for dealing with tough buyers. We'll also assess such as Home Gain which help you locate a real estate agent in your area based on the marketing package that they put forward to sell your house.
Great Expectations
Many sellers have unrealistic expectations for their property value, particularly on condominiums and townhouses. These types of property at least here in Florida do not seize their value very well, and very few of them only appreciate. Often the builders of new condos and townhouses charge buyers too much money and when the buyer resells years later, they are stunned to observe how much value their unit lost. They will have a rigid time selling their condo, especially if the maintenance fees are high.
So how do you price your home?
There are three tools to use, a property appraiser, a listing real estate agent, and a record of recent home selling prices in your neighborhood. If you chose your listing agent shrewdly and they have knowledge in your neighborhood, they can steer you to a ball park selling price, then the appraiser will fine tune that number, and you can utilize a list of current selling prices as a sanity check.
Pretty it up before you list it! For a full list of tips to sell your house visit
www.LearnToFlipaHouse.com
If you have a home you need to sell right away, there a re a few ways to go about doing so. Below is a list of several ideas that can help you sell you home quickly along with the positives and negatives of each way.
1) List your home with a real estate agent- The positive side to this choice is you are trying to get full price for your house and have a chance at doing just that. The negatives could make up a very long list, so I will just name a few. First, you will have to pay a commission, usually 6% to the agent. This is a fee that in my opinion is rarely justified. Most real estate agents will simply put your house on the Multiple Listing Service and let it sit until another agent brings a buyer. This is good for them because the agents are making thousands of dollars for doing next to nothing, but bad for you because you are paying them. The next negative is, as you may already know, real estate agents are notorious for overpromising and underdelivering. That is not to say that every agent will overpromise ad underdeliver, but the chances of that happening are high. It is very hard to know if this is what is happening until its to late. Once you sign the contract to list your home with a real estate agent, you can expect to have to pay them thousands of dollars when it sells, whether they find the buyer or you find the buyer. The third negative may actually be the most important to you, which is youre probably much less likely to get a quick sale on your home if you use an agent. See, agents get a percentage of your home sales price. The higher that amount, the more they make. A real estate agent is usually there to get the highest price because that way he gets paid the most. However, if you really need to sell fast this is a disadvantage because you can probably expect your house to sit for several months or longer before selling.
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