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Contacting
a Realtor
Contacting a qualified agent can be the most
important part of the selling process. There are many unpredictable
complications that can occur during the selling process, which is why it is
vital to have an agent who will relieve you of all the headaches. Your realtor
will help you through each step one by one and have your home sold!
Preparing Your House for Sale
Depending
on the market, your home may need to be in its best condition possible or not.
Talk with your realtor to see what home improvements are necessary. In the
meantime there are steps you can take that are inexpensive yet make every home
more welcoming.
Curb Appeal
Having your
home be visually appealing from the outside will attract potential buyers who
are driving down the street. Remember, first impressions count! Here are a few
things to keep in mind:
- Is the yard well
maintained?
- Are the gutters and
walls in good condition?
- Is the paint chipping
or flaking?
- Are all debris thrown
away?
- Is the garbage can and other large items such as lawn
Stepping
into the Home
Once the
buyer steps into the home, they should be able to see that the place has been
maintained. There are easy improvements to make your homefs interior appealing.
#1 Clean
The
windows, floors, kitchen, and bathroom should all be free from grime and
sparkly clean. Have clean air conditioning filters. Shampoo carpets, repair
squeaky hinges
#2 Remove Clutter
Remove all unnecessary
items. Check the closets, garage, and keep the rooms as clutter free as
possible. Organize items that you do decide to keep. If you have too much
furniture, consider putting some in storage.
#3 How does it Smell?
You maybe use to your
house and not notice any smells such as pet odor, cigarette smoke, or ethnic
smells. Odors can easily turn someone off. Have someone visit your house and
get their opinion. Use air fresheners and open up the home to have it smell
inviting.
#4 Stow all Valuables
Remove all valuables
such as jewelry. There will be people coming in and out of your home and you
donft want to find anything missing afterwards.
#5 Set a Mood
Make your house homey with flowers, fresh
towels, candles, or use subtle scents of potpourri.
Setting a Fair Price & Market Analysis
Your
realtor will meet with you and help you choose a fair market price. Naturally,
you would want top dollar for your home, but, it is also important not to
overprice. Overpricing will scare off buyers and may cause your property to sit on
the market for months and reducing it later on may cause buyers to assume
something is wrong.
To determine the best asking price we
review the cost of recently sold homes, evaluate the competition and study
marketplace trends. A few things that are
considered:
- Your location
- Supply and demand in the local housing market
- Local schools
- Average home prices in the neighborhood
- Amenities, which are any extras such as pool, central air, tennis court,
etc.
It
is also helpful to discuss other terms and conditions, such as timing and items
that can be included with the sale of the home. Both of these can make your
home more attractive to potential buyers.
Your realtor will prepare a market analysis for you,
showing you recent selling prices of properties comparable to yours. If there
are unique features to your home, the realtor can help adjust the price to
match your specifics.
Marketing
The key is
getting as much exposure as possible, and at Hawaii Dream vacation we take
advantage of all means of advertising. Your home will be listed:
- On the Multiple Listing Service (MLS) which is accessible by all Realtors
statewide
- On this website, great for out of state buyers to view
- In the local newspaper for the general local public
We will also hold open houses for the public and other agents to stop by and personally view the property. Open houses for the public will also be listed in the local newspaper.
To create awareness for recently listed properties,
prospective buyers are sent a full-color postcard and newsletter. The company
also advertises in Japanese newspapers and magazines.
Qualifying a Buyer
Your realtor will weed out buyers who are more of a
liability than anything. Some buyers maybe interested but have bad debt and
credit history and can not really afford to buy your home. Your agent will work
with the buyers agent to
Accepting an Offer
An offer will be placed by the buyer. Should I accept
the first offer that comes in or wait? Should I negotiate and counter offer?
These are questions that your agent is very familiar with and he/she will know
what to do. Some offers may have unique circumstances and cause delays. It is
important to read the offer carefully. Your experienced realtor may know
approximately how long an offer may take until closing.
Entering Escrow
Once an offer has been accepted, the home will go into escrow. Escrow is
where you will temporarily place the home with a neutral third party. The
buyer will also place their payment with the third party. Money and deed
are then exchanged when all terms of the sale are met. This process is
a safety measure to ensure that the contact is fully executed.
Closing
Congratulations! When escrow is closed, youfve done
it! You have just sold your house.
Your agent will be taking you through this entire
process from start to finish.
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