Free House Selling Tips Tip 1: Know The Value of Your House. One of the first thing to know about your house is the worth or market value of your house. Why is this important? Well, at the very least, it will prevent you from having false expectations about the true worth of your house. Property owners come to me and tell me they want to sell their house. When I ask them the price they wish to sell, many of them call a ridiculously high value. I understand their feelings. They want to sell as high as possible so they can make as big a profit as possible. On the other hand, home buyers want to buy as low as possible so that the payback period will be low. And when the payback period is low, they recoup their investment fast and can get a higher return on their real estate investment. You see, everyone wants to protect his or her interest. Bottom line. If your sale price is too high, your property will stay longer in the market. Therefore, the very first step in this how to sell your house guide is this . . . know the value of your house . How do you do that? You can either call a property valuation expert or a property appraiser to conduct a real estate appraisal or you can use the most recent sale price of similar properties in your area as a benchmark. Tip 2: Engage A Real Estate Agent The second thing to do is to engage the services of a real estate agent. Lets face it. Nigeria real estate agents are in the business of selling and renting properties. And they do this everyday. Therefore there is a likelihood that they will help sell your property faster than you can on your own because they meet more people who are ready to buy . . . people already in the buy mode Tip 3: Make Your House Sellable Heres the third secret to selling a property fast in this how to sell your house guide: Make your house sellable. What does that mean? It means that you should prepare the house to have greater value in the eyes of the potential buyer. Read the sell my property fast section for more details about how to do this. Tip 4: Make Room For Negotiation Most home owners already have a price they wish to sell their property even before approaching the real estate agent. Some of them dont care what market conditions are. They believe they can sell at the price they wish to sell if the estate agent will just believe it can be done. But suppose you then find a client willing to pay cash but is offer is one million Naira less than what you have in mind. Will you be prepared to bend backwards a little? Well, its up to you what you do. Its house remember? Tip 5: Close The Sale When its time to close the sale and collect your money, please do. Some people are emotionally attached to their house. In such instances, even after the potential buyer has done all that is required and is ready to pay, the home owner may still want to delay the transaction just a little bit more wondering if selling this house is the right thing to do. Unfortunately, some home owners have lost good money as a result of that. My advice? Its good to look back before making the final decision to sell off. But once that decision has been made because you need to invest somewhere else or youre broke, then collect your money and get it over with. Dont let the emotions kill you! P.S: The information in this how to sell your house guide is not legal advice. Consult your real estate attorney for legal advice.
Posted on: Thu, 23 Jan 2014 13:41:45 +0000
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