Tips on buying and selling your home

When you are a buyer or a seller you must make sure that you look for a good real estate agent who can negotiate for you. A good real estate agent will be able to look for a reasonable price that meets your needs. Some agents maybe reluctant to name a price for you but when you utilize your agent expertise you will be able to figure out the price to offer them before buying. The best way is to obtain crucial data why the seller want to sell, sometimes this is very difficult because the agent is likely not willing share this information. It is always helpful to sit down with friends or others who bought their homes and debate what is the best price to offer. Be able determine the market price, location and security which is very important. Look for agents who have expertise in short sale because short sale brings new meaning to the world stupidity.  Be in the know of median price numbers which is the halfway point in which the homes are half priced higher and half price lower. The median price not only helps you to find out how many homes have been bought but also how many have sold. Short sales needs you to be reasonable but also requires third party authorisation when agents doesn’t help you to communicate with your bank.

When selling your house do the repairs first and learn how to price your house in order to sell it within a short time at a competitive sale. Learning this preparation for your home market  also helps you how to stage your house. You have done that good. The next steps is find excellent tips which you require to  attract multiple buyers, maximizing first impressions and finding qualified buyers. When you stage your house meaning that art of removing bulk, cleaning, decorating, the house  looks bigger and sets the mood for any interested buyers. You can hire professionals to do this for you, it is all about dressing the house professionally that will attract any potential buyer. It cost not much to hire a professional stagger because in the end it is worth the spending. Do not overprice your house because demand will wane after a short period of time. Low priced house below market value receives multiple offers that drive the market price up at high speed. Bear in mind that no agent will price a house same way as the other so called part science and art. Pay attention on other houses on the market by visiting and take a look about the dressing and the price on offer to be sure on what price you should start offering your house sale for. You can visit agents and look at the listings of sold, pending and withdrawn listings which will educate you more on how to compete on whatever buyers maybe asking you.

Buying your home things you must consider after obtaining data and determining the market is finding out how much the seller bought the house for so that your offer will be close to the sellers purchase. The data you collected from sold properties helps you to compare sales to the house you want to buy without looking beyond six months maximum.  Analyse price to sales and price to ratio looking into your sold homes data and compare then to the sold prices to help you know if the homes are selling over or under price. If under ask your agent under what percentage since this will be an indication that the seller will accept the under price. Be able to determine the seller mortgage which will give you a hint that if the mortgage is too low the seller will not be interested to sell immediately but if the seller is in default then you will have the advantage of buying your house on short sale terms. Smaller homes are priced high square foot while big homes are priced less on less footage so understand all average cost of foot for your own information. Understand the history of the house you want to buy if the agents took it off listings and resubmitted it again. Now it is time to close the deal advising you not to be so emotionally attached to the house you want to buy but have listings of other homes just in case your offer end up rejected.

Selling your home that you owned for several years needs your preparation, you have dressed your house and know the price to offer and now next thing is learning how to disassociate yourself from your house by letting it go mentally. It is a tough decision made easier when you put a picture of yourself handing the keys to your home to a new owner. Visit every room and say goodbye and never look back only look forward towards the future. Pack all your important personal stuffs be it photographs that you do not want them distracting your buyer, remove all sort of junk that you do not need and give it away to charity. Rearrange all bedrooms and kitchen cabinets making sure that everything is stack neatly. Make your house look bigger by removing all unwanted furniture blocking the way, if you have nowhere to store the furniture rent a storage or give some to friends. Remove everything you need be it  built in appliances because if the buyer wont see then will not want it although you can let the buyer know you have items to offer  if the buyer like your items  then make a deal. You have finished everything and now your house is sparkling, go outside your front door and ask yourself, do you want to go in? if the house look welcoming then this is the way the buyer will look at it. Examine every corner that nothing is hanging around. Be sure that all the garden work is perfectly done and the fence meaning that every buyer will know that someone has been living in the house. Let it go!               

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