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Seven ideas to help you sell your home.

When it was a strong seller's market, do you remember that, we had countless seminars on how to write an agreement of sale that was attractive to the seller. Well, now we are in a strong buyer's market and what can we do to help our sellers make their home or their counter offer attractive to a buyer. Here are just a few that I have thought of, if you know or think of others let me know.

  1. Before listing your home have it inspected, find out what might be wrong and get it fixed. Make that inspection report available along with receipts for repairs to any potential buyers. A good idea even if you are not selling your home is to get an inspection say every 5-7 years.
  2. Have your home staged, how you live in a home is not how you sell a home. It is not just a matter of clearing clutter but making your home the most attractive home on the market. A small investment can bring big rewards.
  3. Provide a home warranty for 1 or 2 years if your heater and a/c are older, remove the fear of the cost of repairs for the buyer from the equation. there are many home warranty companies and each warranty works slightly differently so investigate or ask your realtor what is best.
  4. Think about paying for the transfer tax for the buyer. It may be only a small concession 1 or 2% but it can add up on top of all the other closing costs.
  5. Closing costs, if the mortgage company allows it the seller can give a seller assist towards closing costs, especially helpful for young couples who may be stretched with rising interest rates and a lack of savings.
  6. Pay down the mortgage to help the buyer with a lower rate and help them have a lower rate.
  7. Price it right to begin with, think about how buyers search and try to be the cheapest in the bracket.

Any other ideas? let us know.

If you are buying or selling on or around Tredyffrin Easttown or along the Main Line we can help you,  contact us or connect

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Comment balloon 5 commentsNick Vandekar, 610-203-4543 • July 24 2007 08:50AM

Comments

Hi Nick and Trudy,  How nice to hear Realtors endorsing Home Staging.  It is really worth the money.  One house I staged sold in one day.  That isn't the average though but it is impressive, don't you think?  Thanks so much.

Karen
Posted by Karen Hubert, Home Stager (Center Stage Design-real estate staging, Ancaster/Hamilton) almost 12 years ago

Hi Karen,

Thanks for stopping by, Stagers are well accepted in our market along the Main Line just outside Philadlephia. We have several companies working in our area, one of the best known is Kate Hart who is right here on Active Rain. I have often had stagers stop by my brokers and public opens and yes it does help having a house staged, either if it is vacant or if the home is over furnished. sometimes it is a matter of just moving furniture around to get a better flow.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) almost 12 years ago
Nice post to help sellers understand options that can help them sell their home.  Thanks for to nudge to get the home inspected before the sale.  I already do an appraisal to help stabilize the price.  It seems to reduce low-ball overs.
Posted by Gary White~Grand Rapids Home Selling Pro Call: 616-821-9375, Real Estate Services You can Trust! (Flexit Realty "Flexible Home Selling Solutions") almost 12 years ago
I like the idea of an appraisal as well. We can then list at appraised price and if we reduce it, we can advertise that it is listed at less than appraised price.
Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) almost 12 years ago

Gary & Gita- thanks for the additional idea of getting an appraisal as well. Definitely at the moment we are seeing a lot of low ball offers. Of course with the market changing as it has appraisals can get dated very quickly.

 

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) almost 12 years ago

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