Ten Tips
A couple of years ago, I was asked to prepare some home-buying and house-selling
“tips” for a radio show on which I was a regular guest. Here
is a nickel’s worth of free advice on buying or selling your next
home:
1. Prior to selling, sellers should clean, de –
clutter, do minor repairs, and
generally spruce up their property.
2. Buyers should create a mental picture of the housing
that suits them, making sure that it also suits their lifestyle AND fits
their budget.
3. Sellers should take some time to get together documents
relating to their house: deed, tax bill, any covenants or bylaws that
may affect their neighborhood, plot plan or survey if they have one, utility
bills and any septic or water information if they are not on town services.
4. Buyers should do a brief financial inventory of income,
assets, bills and debts. Typically it’s a good idea to pay down
or eliminate high credit card debt.
5. Whether buying or selling I recommend that consumers
engage the services of a professional, a REALTOR, to assist and represent
them.
6. Choose that professional as you would a doctor, lawyer,
dentist or accountant. Talk with people in the know. Look for a professional
with experience, a good reputation, satisfied customers and a track record
of being successful at what they do.
7. On the Seller’s side, the REALTOR can give
advice about any major steps in preparing the home for sale, counsel on
price and present a marketing plan.
8. On the buyer’s side, the REALTOR can help determine
financial capability and present homes that fit the lifestyle needs and
budget limits.
9. The REALTOR is a guide through the process of either
selling or buying and can be very helpful in connecting the consumer with
other professionals needed on the way.
10. Last, a word of caution: It’s not just about
price! Whether buying or selling it doesn’t pay to get hung up on
price. Terms can be as important to a seller as the ultimate price and
no buyer is ever served by being hard lined in offers that don’t
ultimately get the house!!!
By John Doran, GRI, CRP, ABR
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