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Avoid 11 Mistakes
That Could Cost You Hundreds...
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Even
Thousands of Dollars...
When Placing Your Home on the Market |
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Selling your home
can be an exhausting experience. Last minute walk throughs, inconvenient
calls, price adjustment, and the possibility of being stuck with two
mortgages are real concerns. If you are not completely prepared, you could
end up losing hundreds, even thousands, of dollars in profit.
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The difference
between a profitable smooth transaction and a break even, miserable
experience, is often a fine line. In the majority of cases, it comes down
to the subtle know-how of your professional. By utilizing the knowledge of
a qualified real estate professional, you'll ensure the quick, profitable
sale of your home. This report is designed to arm you with the knowledge
to avoid 11 common mistakes that cost sellers serious money.
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- 1. Refusing to Make
Profit Inducing Repairs
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It always costs you more
money to sell 'as is' than to make repairs that will increase the
value of your home. Even minor improvements will often yield as much
as three to five times the repair cost at the time of sale. Your agent
will be able to point out what repairs will significantly increase the
value of your home. Seemingly small fix-up jobs can have quite an
impact.
- 2. Not Considering Other
Financing Terms
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Cash is not always the most
advantageous transaction. Income level, tax benefits, and current
legislation are all critical factors when considering purchase terms.
Professional real estate agents are experts at home transactions and
can lead you down the path that will give you the highest yield.
- 3. Provide Easy Access
for Showings
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Accessibility is a major
key to profitability. Appointment-only showings are the most
restrictive, while a lock box is at the least. However, there are
certain considerations to take into account: your lifestyle, time
frame for the desired sale, and the relationship with your agent. The
more accessible your home is, the better the odds of finding a person
willing to pay your asking price. You never know if the one that
couldn't get a viewing was the one that got away. By developing a
trusting relationship with your agent, he or she will show the home
with your best interests in mind.
- 4. Priced Too Low/Priced
Too High
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One critical reason to find
the right professional is to make sure the property is priced
appropriately for a timely and profitable sale. If the property is
priced too high, it will sit and develop the identity of a problem
property. If it's priced too low, it could cost you considerable
profits. The real estate market has subtle nuances and market changes
that should be re-evaluated by your agent every 10-14 days to help you
maximize your return.
- 5. Relying Solely on
Traditional Methods To Sell Your Home
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The agent who is innovative
and willing to offer new strategies of attracting home buyers will
always outperform agents who rely on traditional methods. Demand
around the clock advertising exposure, innovative lead generation
methods and lead accountability. These services exist and should be
offered on your home sale.
- 6. Market Timing/Seasonal
Selling
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Just as a broker who
continually follows the trends of a stock, your professional agent
continually follows trends of your home market. They will know if the
market cycle is poised to net you the most money. Avoid believing that
property sales are seasonal. Property is always selling.
- 7. Refusing To Make
Cosmetic Changes
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The prospective home
buyer's first impression is the most important. An unbelievable amount
of home sales have been lost to unkempt lawns, cluttered rooms, bad
stains, unpleasant odors...all the seemingly little things. Imagine
you were the home buyer and clean your place from top to
bottom...military style.
- 8. Wasting Time With An
Unqualified Prospect
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Your agent's responsibility
is to screen a prospect's qualifications before valuable time is lost.
Be sure to align yourself with the right professional and eliminate
negotiating with unqualified prospects.
- 9. Don't Test The Market
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Never put your property on
line to sell, unless you are serious. The right professional will find
you buyers and if you are harboring indecision...you will blow the
sale.
- 10. Believing You Are
Powerless To Make A Difference
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Be a part of the team? Take
an active role with your agent to see what you can do to facilitate
your sale. Networking with professional peers and personal friends
often results in the sale of a home. It's surprising how many homes
are sold this way.
- 11. Believing All
Realtors Are the Same
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With all the intricate
details and critical decisions to be made concerning your home sale,
should you rely on anyone but a top producing professional? Many
friends and family members have been estranged as a result of failing
to meet expectations. Your home sale is a time consuming, effort
related, difficult task. Maximize your profit by utilizing a
professional.
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If there is any
way I can be of service, please contact my office. I would consider it a
privilege to be of service to you! If you would like a FREE consultation,
please call me at 877-263-5585.
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| "I sincerely hope these
tips and ideas are of value to you." |
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