Here are some good tips on how to be a smart buyer or seller in this intense market:

Buyers:
• Come Prepared -
You should to be pre-qualified and ready to compete head-to-head with cash offers.
• Be Flexible -
You may need to expand your search parameters to find the kind of home you are looking for at the price you are willing to pay.
• Be Committed -
Write a letter to the seller explaining why you want to purchase the home and your intention to care for it properly.
• Have an Inspection -
Be prepared to only ask for major system defects or health and safety issues to be repaired.
• Be Negotiable –
Work with the seller on closing costs and time of possession.

Sellers:
• Prepare Your Home for Sale -
Clear the clutter and “stage” the home so it will look it’s best. Consider consulting with a professional to help with this important factor.
• Have a Pre-Inspection -
Make sure to eliminate any possible objections.
• Price the Home Appropriately -
Many sellers want to take part in the fury to reap the highest price, but an over-priced home will become stagnant and will have to go through price reductions, ultimately netting less.
• Plan Your Exit Strategy -
If you need to find another home, make your sale contingent on finding a suitable replacement property. Once under contract, many buyers will allow the seller to rent-back until they have located a home to purchase.

If you would like a complimentary market analysis to evaluate your current home’s value and sales potential, please give me a call. 303-981-8811.