TRUTHS ABOUT SELLING
When you decide you are ready to sell your property, you must familiarize yourself with a few facts and terms.
FACT #1: PRICING is everything. If you price your property too high or too low, it will not sell quickly. The reason is very simple. If it is too high, you will not draw the interest because there may be other comparable property that is more reasonable. If it is too low, people will think that there must be something wrong with it and will steer away from it. It is very important to price it appropriately to get the best price that you can from your investment. That is why it is very important to get the advice from an experienced Realtor that knows the market and what your particular property will bring.
FACT #2: Have you ever heard, "It's a seller's market", or "It's a buyer's market"? When interest rates are down the market will be hot and there will be a lot of buyers looking for property. That makes it a "Seller's market". However, priced right and marketed well and you should be able to sell your property at anytime for a good price.
FACT #3: It doesn't cost anything up front to list your property. Realtors work on commission only. We don't get paid unless your property sells, therefore, you don't pay us until your property sells. If you have a good Realtor, they will inform you when you list and again when an offer comes in for your property what you will net at closing (minus commission, closing costs, prorated taxes, and prorated insurance).
FACT #4: Good communication is important, so when in doubt - ASK! Always ask your Realtor if you do not understand something. If the answer is not clear and you still do not understand, call the Broker. The Broker is ultimately responsible for all transactions that go through a Realtor's office, so don't hesitate to call them if you have a problem or just don't understand.
