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Realty Complete Selling A Home |
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Everything a
Seller Should Know
START LEARNING
BEFORE YOU EVEN PUT
YOUR HOUSE ON THE
MARKET
You might
be thinking that selling your house
is going to be a piece of cake, but real estate has probably gotten a lot more
complicated since you purchased the house.
In most cases it is in your best interest to hire a real estate
agent. Even if you’ve seen cases where
people have sold their home on their own without any problem, it may have just
been sheer luck that it didn’t turn into a total disaster. Failure to disclose certain things about the
condition of the property may result in a major lawsuit if anything goes wrong
for the buyer. Some things that must be
disclosed may be problems you are not even aware of. Real estate contracts in some states have gotten extremely
complicated, and in some instances (depending on the state), may be twenty or
thirty pages long.
A good real estate agent
will guide you through the entire process from beginning to end. At your first meeting they will probably
suggest a price range that they think your house would sell for. Keep in mind, just because they don’t agree
with you, doesn’t mean they don’t know what they are doing. Most sellers have a sentimental attachment
to their house. It may be hard for you
to accept that all that work you did on your yard doesn’t make your house worth
$30,000 more than your neighbor who hasn’t planted anything, or that deck that
you spent $10,000 on only adds a thousand dollars to your home’s value. The agent should bring evidence to back up
his or her suggestion. If all of the
other 3 bedroom townhouses in the neighborhood are selling for $130,000, yours
isn’t going to sell for $160,000 because you keep it so much nicer. On the other side, if you DON’T take care of
it, it could sell for a lot less money.
continued