Selling,Your,House,Tight,Estat business, insurance Selling Your House In A Tight Estate Market
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Selling a home is a stressful event, especially when a real estate boomgoes bust. Here are ten tips to help you take the stress out of sellingyour home in a tough market.Doyour Realtor homework. In a lousy real estate market, you want the besthelp you can get to sell your home. Prepare a list of questions, andtake your time interviewing a Realtor (or real estate professional).Comparison shop. No ones rushing to buy homes this year, so dont bein a rush to choose a Realtor.Get ready. Many Realtors agreeit takes 30 days to ready a house before the "For Sale" signs goes up,because those first impressions often will prove the most importantfactor in whether a "looker" eventually becomes a "buyer." Make theinvestment in external repairs that can mean the difference between aquick "No" and extra time spent examining your house. This is the timeto paint, patch and repair what buyers will see first. Buyers are moreforgiving in a strong real estate market, not in a weak market.Consultthe owners of homes that successfully sell. What buyers considervaluable can vary from region to region. Ask those in your communitywith a newly placed "sold" sign for pointers on how to prepare yourhouse for sale. What did they notice that most "lookers" paid attentionto, or commented on, when exploring their house? Ask for advice onwhether new carpet seemed more important than a fresh coat of paint onthe walls. Ask several owners of recently sold homes, and take lots ofnotes. These can serve as your guide to using your time wisely toprepare your home for sale.Actively engage your family. Letthem know that there will be "company," and to assist you with theirunique skills. Let the list-maker in your family make repair and"sprucing up" lists, and keep lists of Open House dates and otherimportant information. Share the work of selling a home, and everyfamily member will have a personal stake in your success. Delegatingthe work that goes into selling a home also will dramatically reduceyour stress.Be flexible with personal plans. From the time the"For Sale" sign goes up, plan in advance to be flexible aboutactivities that wont distract from your major goal. Dont plan messyparties or major functions during this period, because you want yourhome to be tidy at all times. Arrange family gatherings elsewhere. Whenhomes arent selling, avoid every misstep.De-clutter. Acluttered house looks smaller. Rent a temporary space at a localstorage facility and fill it with seasonal items extra clothes and evenextra furniture. A de-cluttered house also will reduce your stresslevels by simplifying the sprucing-up process. Place personal items outof sight. If youre overworked and time-starved, place an ad onCraigslist.org and hire a college student or affordable cleaningservice to help you. If you cant afford that, consider downsizing yourpossessions. Are they really worth cleaning, storing and stepping overyear after year?Disappear your pets. (temporarily, of course)Not everyone likes dogs; not everyone likes cats. Arrange for a dayaway in a boarding facility or away from home with a member of yourfamily on Open House days. In a bad real estate market, dont givepotential buyers an excuse to walk away.Stage your house.There are professional staging services, but if you cant afford it,you can also "stage" your house to make it the most attractive.Exchange harsh lighting for soft lighting. Veteran real estateprofessionals swear by the smell of freshly baked cookies. Sprinklebaking soda on your carpet before you vacuum. Buy a bouquet of freshflowers such as inexpensive daisies to brighten up your room.Behonest. No house is perfect. Be honest about shortcomings. The buyerwill trust your honesty and be more inclined to trust a decision tomake a purchase. Its a buyers market, so become a trustworthy seller.Berealistic. The higher the price, the longer it will take to sell yourhome, especially in a lousy real estate market with high foreclosurerates that are pushing home prices down. Have a frank discussion withyour agent about what amount you will accept below the asking price, orhow long it will take to find a buyer who will meet your price. Engagea practical friend or family member in this discussion.Sellingyour home during a tough real estate market isnt impossible. It simplyrequires pulling out all the stops and being fully informed.
Selling,Your,House,Tight,Estat