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Posts Tagged ‘how to sell my house’

Fast Sale In Slow Times

December 22nd, 2010 No comments

Sometimes the real estate market is a little slow. Depending on what part of the country you are in, selling your home could take several months. After a couple of months on the market you might start having negative feelings towards your agent or might start wondering why your FSBO efforts are not paying off. The truth is the real estate markets fluctuate over time and even within seasons. Have you ever noticed that more real estate for sale signs start popping up like weeds in your neighborhood in the spring and summer? The reason is because most people want to move in the summer when the kids are out of school. If the house doesn?t sell the home will come off the market around September. So how does this help you? Well if you want less competition then try to promote your home in the fall and winter months. Here are a few tips to help sell your home fast in the winter months.

Always maintain your landscaping. Did you know that most buyers drive by your home first to see how it looks outside before asking to see the inside? Yet most sellers focus on fixing up the inside of their homes. Your money will be well spent on some fall and winter flowers that offer color. Colorful flowers will catch the potential home buyer?s eyes and make them want to see more.

Hang a wreath on your front door. The front door entrance Read more…

The Cost Of Selling Your House

May 20th, 2008 No comments

Just because you list your home for $200,000 dollars doesn?t mean you will put $200,000 in your pocket. The fact is that selling your home will cost you a pretty penny. It never ceases to amaze me when I talk to a home seller who believes they will receive the asking price for their home.

Selling your home will cost you dearly. Let?s look at the figures. Let?s assume that you are listing your home for $200,000 dollars with a real estate agent. The first thing most sellers don?t realize is that they will generally sell their home for 95% of the asking price. So now the seller is down to $190,000 dollars. The second thing most sellers don?t understand is that they will be asked to pay a portion of the closing cost. This figure is negotiable but usually ranges between 1 to 3 percent of the selling price. So we will assume 2 percent. So now the seller is down to $186,200 dollars. Sometimes the seller will be asked to provide a home warranty which usually cost around $600 dollars. In addition to the home warranty the seller will be asked to make repairs on the house. This obviously could vary greatly. Typically the amount will be around $2,000 dollars. So now the seller is down to $183,600 dollars. So what other cost could be included? Well in order to sell your home you will need to fix it up. This means landscaping and paint. These two items could cost $1,000 to $10,000 dollars. So for our example we will estimate $3,000 dollars. So now we are down to $180,000 dollars. Of course if you have already moved out of your house then you are paying two house payments. This could get expensive. For our example we will Read more…



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