Plan of Action for Sellers
Plan of Action
- Analyze why you are selling - If
you understand your motives, you will be able to better negotiate and
to get what it is that you want, whether it be a quick sale, high
price, or somewhere in the middle.
- Prepare your home for the buyer - Maximize
the strengths of your property and fix up its weaknesses. You want
the buyer to walk away from your home with a lasting good impression.
- Find a good real estate agent that understands your needs - Make
sure that your agent is loyal to you, and can negotiate to help you
achieve your goals. In addition, they should be assertive and honest
with both you and the buyer.
- Be prepared for negotiation - Learn
and understand your buyer’s situation; what are their motives? Can you
demand a big deposit from them? Try to lock in the buyer so that the
deal goes through.
- Negotiate for the best price and the best terms - Learn how to counter offer to get maximum value from every offer.
- Make sure the contract is accurate and complete - Be
honest with your disclosures; you do not want to lose the deal because
you were lying or diminishing your home’s defects. Insist the buyers
get a professional inspection. This will protect both you and the buyer.
This entry was posted on August 1st, 2010
| Posted in General