3 Tips for the First-Time Home Sellerby Evelyn Krazer on 06/14/11
Today’s buyer-take-all bonanza is a boon for fence-sitters and buyers with great credit and deep pockets. But sellers are steeling themselves to new realities that include paying (rather than making) money at the closing table, providing extras to sweeten the deal, and spending more time and cash making the home camera-ready.
For first-time sellers who have never been through the process before, it’s a different world. One where the value of the house isn’t measured in the profit made on the sale, but by the enjoyment the owners had from living in the home. Here are three things experienced sellers would tell you, if they could:
* Price it realistically from the start * Be prepared to drop the price * Advertise, Advertise, Advertise to market the property... Internet is KEY! key!!
* Be prepared to reduce the price and possibly lose money