Liz May - HOW TO SELL HOMES FAST FOR TOP DOLLAR

Price competitively from the start. Don't hesitate to reassess your local market. Collaborate with your real estate agent to establish the fair market value of your home.

OTHER SELLERS’ MISTAKES

Here's a list of "don'ts" for selling your home:

Selling Before Getting Qualified Yourself

Entering a contract to sell your home before qualifying to purchase another can be problematic. Your financial situation may have changed since your last purchase, and you might not qualify for a loan if you sell at a price that allows you to buy the kind of replacement home you want. Before deciding to sell, determine if you have the funds for a new home. If not, get pre- approved by a lender you trust, and research the housing market in the area where you want to live to understand how much it will realistically cost you to buy. Make plans in case you need to move quickly.

Wasting Time on Unqualified Buyers

It is a fruitless effort to show your home to someone who cannot purchase it. For example, there was a seller who spent two weeks preparing his home for an acquaintance interested in buying it. The seller invested $1,000 to remove an old shed and met with the potential buyer several times to discuss price and terms. It wasn't until later in the process that the seller discovered the prospect couldn’t qualify for a loan. Real estate agents put considerable effort into filtering out unqualified home shoppers to avoid wasteful showings.

“Hovering”

Whenever possible, avoid being home during a showing. Being

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