Sell Your Own House
101 Tips for selling your own home ...
without resorting to property managers or real estate
agents!
Property Selling Tip #5: Play
detective
Do a bit of detective work: try to
keep track of real estate ads that appear only a couple of days
(house could have been sold in just a matter of days) and ads
that seem to be in the paper forever (why can’t the advertiser
sell? What’s preventing him from selling?) This is
where wording might clue you into the reasons.
Property Selling Tip #6: Read and
devour all that you can!
Build up some more on your knowledge
power by visiting your local library, and browsing through
books and magazines about real estate in general (and selling
homes in particular).
Be on the alert for people who’ve written
about their personal experiences in selling their homes.
Being well-informed is still your best
weapon.
Property Selling Tip #7:
Realistically speaking, my house is really
worth…
Set realistic goals: if houses like yours
in your area are asking for $250,000.00, don’t think you could
make a lot more just because you have a rose garden and your
neighbor doesn’t.
Deviating too much from the mainstream
can work against you. Don’t stop buyers from calling you
because your price is way too much the average prices for your
area.
Property Selling Tip #8:
Play the real estate game
seriously.
Bear in mind that the “no risk, no gain”
philosophy may not always work in real estate. Real
estate is a smart, serious business. It’s better to have
brains than guts! Feed your brain with information you
will need when you finally do sell your house. Real
estate information is not a scarcity. There are thousands
of web sites dedicated to real estate. And the library
holds a wealth of information on the subject.
Property Selling Tip #9: Get only
enough to get you started
Too much analysis leads to
paralysis. Arm yourself with adequate knowledge and then
get moving! Don’t let fear or over-confidence immobilize
you. If you want to sell your house successfully, fear
has no place in the grand scheme of things, nor does
arrogance.
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Selling Real Estate - What Buyers
Look For
What do buyers look for in
terms of the house itself? Many agree
that location is a decisive factor, but so are
tangibles like the price and condition of the
property (is the price worth the additional
huge sums of money to put this house back into
mint condition? How much time will I need
to renovate the dilapidated portions of this
house?). Buyers will be on the alert for
the following:
Start with the outside of the
house and ask yourself the following questions
– because these are the questions that your
potential buyer will be asking!:
- Do these garbage cans,
discarded wood scraps and building
materials strewn about carelessly an
indication of the seller’s
negligence?
- Are the gutters and roof
in place? When was the last time the
seller changed the roof?
- Apart from the human
occupants of the house, are there termites
and other insects that live here
also?
- These overgrown bushes
and trees are distracting. What is it
that the sellers don’t want us to
see?
- Is the lawn is looking
unhealthy? Is the rest of the house
like that?
- Have the patios and
decks been converted into storage
areas? Why can’t we see what they
actually look like?
- The paint is peeling
off; is that why the house looks so drab
and uninviting?
- Why are there no lights
outside the house? Is this the
owner’s way of saving on utility
bills? Is this a safe
neighbourhood?
The above questions are just
a few of the many questions buyers are likely
to ask with respect to the outside of the
house. A house’s exterior constitutes the
buyer’s first impression. And we all know
what they say about first impressions – they
are powerful and outweigh other
considerations!
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