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Estimating Expenses for Retailing Your
Properties
How To Make a Fortune in Investments?
FSBO: For Sale By Owners - A Novel Fiction
Work Preface
Finance Options for Debt Consolidation
How to Avoid Hiring the Wrong Financial
Advisor
Eight Steps to Financial Freedom - Part One
Does Your Financial Plan Belong in a
Cartoon?
Issues of Financial Independence
Fitness Workout for Your Financial Muscles
Financial Planning and Equity Investment
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Three: ask a realistic price. If an identical or
even better home is on the market up the road for 200,000, then why
waste everyone’s time by trying to sell yours for 225,000? Yet many
people do, and then harass the agent when they don’t make a quick
sale. Could you sell Ford cars for 10% more than Ford does? Probably
not, so why are the poor old Real Estate guys and gals expected to
do precisely that? If you really want to sell your property, you
have to compete, and that includes competing on price.
Fourth, sort out the yard or garden, the outside
of your property. You will be amazed at how many people spend
fortunes on the inside of their homes but hopelessly neglect the
outside. Spend a few hundred on it if you have to, but smarten it
up. Do some painting, cut the grass, buy some tubs and shrubs, make
it look inviting, it will cost you so little to do, yet this outside
improvement produces results time and time again. It really does.
Trust me. The viewers will notice and you might well hook them.
First impressions count for a heck of a lot.
Fifth and last, and this one might surprise you.
Don’t be there! What? You heard me, don’t be there when the
prospective buyer comes round. Why? Because the buyer can have a
good mooch around accompanied by the Real Estate guys of course, but
they will feel more relaxed if an over zealous owner isn’t there
peering over their shoulder at every turn. The buyer will spend much
longer in the property if you are not there, believe me, and they
are more likely to ask the agent for more information, which is a
very good sign that they are really interested.
When you go and look at property yourself, don’t
you feel better if you can scout around without the owners there? Of
course you do, and so does everyone else. Lock your best things away
if you have any doubts about security, remove them from the house if
need be, but get out of there on viewing day. Make the estate agent
earn their fees, you pay them enough moolah after all, so have them
earn their keep by conducting accompanied viewings themselves. And
there is another reason to not be there too. What might that be? If
you are in attendance, the buyer can ask you difficult questions
face to face. Putting you on the spot, tricky ones too, such as, are
the neighbours noisy? If they are, and you say "no", in front of a
witness, and they buy the house, and the neighbours really are
noisy, (it could even be the main reason for you wanting to move
out!), the new buyers could have a legal case against you for
misrepresentation.
But if you are honest and say "yes", the chances
are that the prospective buyer will grin politely, and once outside
walk away at a rate of knots, you won’t see them for dust. There are
many other tricky questions the potential buyer might ask you too,
but they can’t do that if you are not there. Selling a house can be
a complicated business and the lawyers and agents should be handling
these tricky questions, not inexperienced house sellers such as you
might be. So take my advice, and get out of there on viewings day,
and you will certainly improve your chances of selling your house
faster.
Best of luck to you anyway in your quest to find
that buyer, and remember, as my friend Michael is fond of saying,
“there is a butt for every seat”, and if you act on these
suggestions you will improve the chances of finding your perfect
buyer, and perhaps sooner than you might think.
David Carter’s latest published work is SPLAM!
Successful Property Letting And Management. Splam! Contains over 240
pages of hints and tips on how to start your own property business
on a limited budget, and how to successfully let residential
property. You can view actual extracts from the book at
http://www.splam.co.uk/ and order a
download or a hard copy at this site, or you can go direct to the
publishers at
http://www.lulu.com/dc. He also
runs a holiday cottage website where you can access over 7,000
holiday cottages, apartments and villas worldwide at
http://www.pebblebeachmedia.co.uk/.
Don’t you deserve a holiday? Well of course you do! You can contact
David on any matter any time at
supalife@aol.com
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