If you are wondering about the best way to sell a house quick, it has got to be by posting your own home for sale online. Sellers often prefer to let real estate agents take care of all the marketing and closing activities, but I say you can market your house effectively yourself online.
Don’t forget – you can rest assured that there are definitely home buyers who are as eager to buy a house as you are to sell yours. The real trick is simply to locate each other, and then to make your way through the maze of closing activities. Assuming that you have chosen to work with an agent so that your house appears on the local multiple listing service, you’ll find that no matter who brings a buyer into the transaction, your agent will make a difference to you during the closing phase of the transaction.
I’m suggesting that you write ads and post them along with at least four good photos in order to capture the attention of your prospective buyers online. You can post your ads “by owner” and that gives you an advantage over your agent, or any other agent for that matter. There is a large population of buyers who genuinely prefer to deal directly with those selling a personal property, and your ads will appeal to them for sure.
The best way to sell a house quick is to get out in front of the buyers who are looking for a house like yours, especially in your area. You cannot really sell any house if buyers are not already interested, so that’s why it’s crucial that you decide to get involved in the marketing of your own house. Once you attract interested buyers, you can turn their contact information, phone number and email address, over to your agent to follow up. You should reply to inquiries from your ads online, but thereafter you need to be able to trust your agent to follow up on your behalf.
How do you recognize potential buyers for a house just like yours? For one thing, it’s easy to overlook the fact that you fell in love with your house once upon a time. Remember? Now that you want to sell it, sometimes it can be difficult to recall how much you wanted to buy it at some point in the past. Try to slip back in time to your original vantage point and you will be in a good position to recognize your buyers and how they feel.
A home sale begins with the recognition that you are the best person to craft online postings because you are the person who knows the mindset of the prospective buyers. You know this mindset from your own experience in the past, and you can definitely use it to your own advantage now. A little positive thinking on this subject will go a long way towards helping you move along towards your goal of a house sale. Working together with your agent to find interested, qualified buyers is the definitely the best way to sell a house quick. Relying on others to have the level of motivation that you have, and to think like potential buyers like you have the ability to do, well, that’s just a mistake. You are the seller and there’s nobody like you in the process of selling your house.
Stay confident in these things and get busy doing whatever it takes to find a buyer now. Of course, getting advice from people you trust can help, but getting busy posting online and following up with all responses is generally the best way to find a buyer now. Stay focused on your tasks and you will succeed.
Working together with your agent to find interested, qualified buyers is the definitely the best way to sell a house quick.
The “Dummies” series of how-to books has been so popular that I decided to write an article about selling houses for dummies. Of course I don’t mean to insult anybody, it’s just a popular phrase. My purpose here is to talk about some of the important people involved whenever you sell a house. A sale transaction is a complex process, beginning when a buyer and a seller agree on price and terms, and when they capture that agreement on paper. That is when the story really begins to unfold, but the buyer and the seller are not alone in the unfolding story.
Sooner or later it will become apparent to any seller that there is a lot to learn about marketing a house and also about closing a sale transaction. That’s why an article about selling houses for dummies is not really a joke. We are all relatively ignorant about real estate until we participate in at least one but usually more than one sale transaction. I still learn things all the time, even though I’ve participated in hundreds of sale transactions over the years.
Here are three of them now: the home inspector, the home appraiser and the loan officer. Each of these characters has a surprising amount of influence in his or her area of expertise.
First, the home inspector – The fact is, this first character has caused apprehension on the part of many sellers, including me. None of us can know everything about a house, even if we live in it. We might not have the knowledge or skill to uncover potential problems with the property, or completely understand the source of problems we see. And many sellers are rather intimidated by what a home inspector’s report might reveal. After all, it’s an inspector’s job to find problems and expose them. Every inspector has a fiduciary duty is to the person or organization paying him, whether that may be the buyer or the mortgage lender.
Remember, an inspector’s loyalty is towards the buyer if the buyer has contracted for his professional services. The inspector is working for the buyer and that means the seller is not in charge at all. The seller is at the mercy of the inspector’s findings, and any problem that the buyer is unwilling to accept as-is or request that the seller repair can stop the transaction altogether.
It is not a goal of course. I mean, the home inspector is not hired to create issues and problems. But it certainly can happen. The inspector’s actual goal is to provide information to his client, usually the buyer or the lender, to facilitate informed decisions during the sale process. It’s not hard to see why sellers are not fond of home inspections.
Next, the home appraiser – While the buyer usually pays for the services of a home appraiser in the typical sale transaction, the appraiser is usually working for the mortgage lender. And although the cost of an appraisal is generally billed to the lender, that cost is passed on to the buyer as a cost of obtaining a loan.
Appraisers have a duty to establish the value of a property based on comparable sales in the same geographic area. They use public information, the price of houses that sold recently in order to arrive at the value of the subject house. It is not an exact science, and sometimes their opinions are not popular with any of the parties to the transaction. Tax assessment values are also used to help determine market values. Sometimes the values determined by county tax assessors do not reflect market values closely at all.
Finally, the loan officer – The loan officer has the ultimate influence on a sale transaction, and if you haven’t had this particular experience yet, then let me be the first to inform you as I share selling houses for dummies information. Actually, I have all due respect for the professionals I’m talking about, but I am also making one main point, which is that buyers are usually the ones paying for their services which often benefit others involved in the sale.
Buyers may or may not benefit from the opinions of home inspectors, home appraisers and loan officers. In fact, they may actually suffer as the result of their professional opinions. Nevertheless, buyers usually pick up the tab for all the professional services involved in a sale, whether or not the results of the inspection or the appraisal or the mortgage loan application contribute result in a successful transaction.
Ultimately, a loan officer or loan committee makes the determination as to a buyer’s loan approval. In the present mortgage market, qualified buyers have been disappointed many times, and that situation is not likely to change anytime soon, primarily due to economic conditions. That is why I am concerned that buyers and sellers all understand some of the mechanics of the sale transaction story which may affect their lives so much. Now that you’ve read these ideas on selling houses for dummies you’ll be much better equipped to prosper in your own sale transaction someday.
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