Selling a home can be a complicated process without the right help. You need to make sure your house is in the best condition and you receive a fair price for it. Whether you’re selling yourself or using an agent or broker, look here for more information about how to sell your house effectively.
Seller Fires Agent After Contract Is Signed
A couple is buying their first home and has signed a contract and paid earnest money, appraisal and inspection costs. Now the seller is trying to fire his real estate agent. When a seller signs a listing agreement, he or she agrees to pay the agent a prescribed commission if the home is sold. If the agent has behaved badly or has stolen something or committed fraud, then the agreement between the agent and seller may be able to be unwound.
Seller Closing Costs
Seller closing costs often come as a surprise to homeowners who are selling a house for the first time. A seller's closing costs often go way beyond the typical 2 to 7 percent of the sales price, simply because most sellers use a full-service agent to sell their home, which can add an additional 4 to 7 percent to the closing costs. Here's an extensive list of closing costs you may incur when you sell a house. By the way, if you've come across a strange seller closing cost, please note it below.
House Foreclosed On Seller Prior To Closing
A home buyer was due to close on a house and the lender foreclosed on the seller. Can a deal be saved on a foreclosed home? The buyer should be sure to understand what is going on with the seller and the foreclosure before attempting to move forward.
Real Estate Contract Describes Remedy For Mistakes
Real estate contracts spell out the terms for when either the buyer or seller does not meet his obligations. If there's a breach of contract, both parties should review the contract to understand the remedy for the mistake. When a dispute arises relating to a real estate contract, either party has the right to go to court and sue the defaulting party.
Cash May Overcome Fatal Flaw When Selling A Home
When you're selling your home and it sits on the market for a few months you may wonder what's wrong with your property. In some cases, the property you're selling may have a fatal flaw such as a lack of a parking space in the city. How can you overcome a fatal flaw when you're selling your home? You can try offering incentives to the prospective home buyers and buyer's agent.
Tips For Selling Your Vacant Home
Selling a vacant home brings different challenges than a lived-in home. They will usually take longer to sell and sell for less. Keep the home in top condition even if you aren't living there, in order to sell faster. Price your vacant home competitively. Walking into a vacant home, a buyer will infer that the seller is motivated and may even be paying two mortgages.
Getting Your House Ready For A Spring Sale
Getting your house ready for sale? Spring comes early when you're a home seller. It's time to spring into action, do some spring cleaning, and maximize the value of your for sale home.
Selling A Home Is A Lot Of Work
Selling a home is a lot of work, whether you sell by owner or by broker. Ilyce chronicles her own experience selling a home and recommends taking a good look at your home and decide what changes need to be made to make your home appealing to the buyer. Whether you choose use a real estate agent or sell by owner, selling a home is generally a long process, so be prepared!
Comparative Marketing Analysis: A Useful Tool for Sellers
Sellers who choose to list their property with a broker should ask for a comparative marketing analysis (CMA). A CMA looks at all the variables in a home: number and size of rooms, number of bathrooms, number of square feet, lot size, location, and any special amenities the home may have.