Most sellers, like Tim and Sue, do not realize the market can shift so far so quickly. It cannot be stressed enough how important it is for you to price your home right the first time. Had Tim and Sue used actual recent comparable "closed" sales, their pricing would have been different and they would have sold quickly and for more than they ultimately got.
WHY SHOULD THESE STORIES MATTER TO YOU?
Do you see how important it is to know the true value of your home? Moral of the story: Anyone can lose money in the real estate market. A seller unfamiliar with the ever-changing market or doesn't know how to price a home properly risks selling the home for less than it’s worth or losing a sale. In most cases, sellers never even realize it. Pricing errors happen to private sellers all the time. Knowing the home’s true value protects you from settling for less money.
HOME SALE “HORROR STORIES”
Any real estate transaction can go awry. Out of ignorance, mischief or larceny, issues can arise to complicate selling the home or cost the seller money. Having a real estate professional involved in the transaction will provide knowledge, dependability, and action.
Pre-Closing Error: Buyers Moving in Too Soon
An agent-represented homeowner was selling a house owned in a small town in Washington State. She accepted a buyer’s offer, moved, and was awaiting the transaction’s closing. The seller found out that the buyers were moving in before the date of closing. The seller called her agent, who contacted the buyers’ agent and noted that the buyers should not have had the 97
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