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CLICK BELOW FOR PROPERTY SEARCHES IN ALL AREAS
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Pricing Incorrectly.
Every seller wants to realize as much money as possible when he sells his home. But a listing that is priced too high often gets the seller less than the price that is at market value. To avoid this, we have an informative video, "Pricing Your Home to Sell" by David Knox. From this video you will learn many insider secreats and hhow to avoid paying too much for any house you buy for the rest of your life! Just call our office at 1-800-330-5883 or 250-868-1938 and we'll send this valuable video to you.
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Failing to Showcase the Home.
Buyers look for homes, not houses, and they buy the home in which they would like to live. Owners who fail to make necessary repairs, who don't spruce up the home inside and out, and keep it clean and neat chase buyers away as rapidly as Realtors can bring them in. If you were selling a car, you would wash it, or maybe event detail it to get the highest price. Houses are no different.
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Using the "Hard Sell" during Showings.
Buying a home is an emotional decision. People like to try on a house and see if it is comfortable for them. I'ts difficult for them to do that if you follow them around pointing out every improvement that you made. It may even have the opposite effect you want, by making them feel they are intruding on your private space. A good Realtor will resist the temptation to talke the entire time a buyer is in the home... we let them discover things on their own and answer any questions as they arise.
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Mistaking Lookers for Buyers.
For Sale by Owners always get more activity than houses listed with an agent. Realtors will only bring qualified buyers, and these will be fewer than if you open your front door to everyone who walks down the street. A qualified buyer is one who is ready, willing and able to buy your home. Many potential buyers may have a house to sell first, or may need to save some more, or may have credit that needs fixing. When everything is in place, that's when they go out looking with a Realtor.
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Choosing the Wrong Realtor.
It's likely that you don't interview people very often. And yet in order to find the Realtor who is right for you, you may interview several. The quality of your home selling experience is dependent upon your skill at selecting the person best qualified. It's peculiar that in the real estate business, someone with many successfully closed transactions usually costs the same as someone who is experienced. Bringing that experience to bear on your transaction could mean a higher price at the negotiating table, selling in less time, andi with the minimum amount of hassles. We've prepared a valuable checklists, The 20 Critical Questions to Ask a Realtor Before You Sign Anything
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Not Knowing Your Rights AND Obligations.
Real Estate law is extensive and complex. The contract for sale is a legally binding document. An improperly written contract can cause the sale to fall through, or costs you thousands of dollars in repairs, inspections, and remedies for items included or excluded in the offer. You must be certain which repairs and closing costs you are responsible for.
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Signing a Listing Contract with No Way Out
Many times an agen will have good intentions about marketing your houses, but circumstances can change. Make certain your agent allows you to cancel your listings contract at any time with no strings attached. Also, get a guarantee of performance in writing when signing a listing contract.
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Limiting the Exposure of a Property
The two most obvious marketing tools - open houses and classified ads - are only moderately effective. Surprisingly, less than 1% of homes are sold at an open house. Agents use them to attract future prospects, not to sell your house! Advertising studies show that less than 3% of people purchased their home because they called on an ad. The right Realtor will employ a broad spectrum of marketing activities, emphasizing the ones he believes will work best for you and your particular property.
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Believing that a Bank Mortgage Appraisal or
City Assessment is the Market Value of your Home.
An appraisal is an opinion for a certain purpose. If a lender wants to lend you the money, they are motivated to have the appraisal come in high. Ask your Realtor to provide you with all the solds in your area. Then decide.
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