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Should You Sell Home Now?

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Executive Summary about Sell Home Now by Raynor James & Hector Lesende

As the real estate market cools across the nation, many homeowners are wondering if they should sell now or wait till some point in the future.

Should You Sell Home Now?

Yes, the market is cooling off fairly dramatically. The real estate market goes up and down all the time.

If you looked at the market in the late 1980s, you would swear real estate is the worst investment given the flailing market at that time.

6 Tips to Sell Home Now

Sellers must be able to attract and deal effectively with buyers in today’s real estate market in order to sell their homes now. Dealing with buyer’s agents is a very important step in getting the property sold. Listing the property in the MLS, pricing the property right, paying a competitive real estate commission, offering a bonus to the buyer’s agent, making the property easy to show, not talking to buyers directly are the 6 tips to sell your home now.

1. Listing in the MLS – Listing the property in the Multiple Listing Service is essential in order to generate the most exposure to sell your home. Chances are the listing agent will not sell the house. The buyer’s agents are the ones who will bring all potential buyers to see the property. Buyer’s agents get the list of properties available for sale from the MLS. If you are not listed on the MLS you are missing out on the whole realestate market selling process.

2. Right Price – Pricing the property right is essential. If the sales price is too high the buyer’s agent will not show your home. The seller and the listing agent set the price.

3. Competitive Commission – Don’t discount the commission offered to the buyer’s agent. The buyer’s agent won’t even show your listing if you are paying a lot less than the standard commission. The seller will generate a lot of activity if the commission is higher than the standard commission. Sellers must pay a realestate commission that is competitive.

4. Bonus to Buyer’s Agent – Offer a bonus to the buyer’s agent. Your house will be shown first on the list if you offer a bonus to the agent who sells it.

5. Easy to Show – The property must be easy to show at anytime. If the property is not easy to show the agent will skip it and show the next one.

6. Don’t talk to buyers – Sellers should not talk to the buyers directly. If possible the seller should not be home at all when the property is being shown.

Selling your home in today’s market is a continuing challenge. Sellers must deal with buyer’s agents in order to get their homes sold now. Do not underestimate the buyer agent’s role in selling realestate. Buyer’s agents play a crucial role in the real estate sales process.

Please also check out my other guide on: Rent To Own House, Foreclosures For Sale and Homes For Sale By Owner