Foreclosures Book

HIRING A REALTOR® BECAUSE THEY SUGGEST THE HIGHEST LISTING PRICE Choosing a real estate agent because they want to put a high price on your home isn’t in your best interest. The real estate agent should know more about the market for your home than you do, so select an agent who can provide you with real numbers and solid marketing plans for your home. The professional you hire to sell your home should be knowledgeable, trustworthy, and quick to answer any questions or concerns regarding the entire home-selling process. Avoid this mistake by interviewing agents and selecting the one who offers detailed sales data and a strategic listing price, not just a higher one. SUBJECTIVE PRICING You have enjoyed living in your home for years; however, it’s time to move on. You’re facing foreclosure. Don’t let emotional attachments to the home affect how you price it. Memorable moments spent in your home are priceless — literally, because they do nothing to add to the selling price! Selling your home is a business transaction between a qualified buyer and you. The most objective listing pricewill come fromthe CMAprovided by your real estate agent, subsequently refined by negotiationwith a qualified buyer. It’s also unrealistic to add dollars because of the labor spent making the house into your home; the new owner neither benefits fromnor cares about your efforts. By focusing on the CMA results andmaintaining a businesslike and professional attitude, you can keep emotions at bay. Don’t justmove; move on . FIRST-DAY HIGH-PRICE BLUES The most crucial time for your home is the first 10 days on the market. Once your home is on the Multiple Listing Service