Sellers all over the country are confused and worried they may have
missed the best time to sell their home. Prices are dropping, mortgage
rates are rising, and the pace has slowed but the impact on any individual
seller is unclear.
While the days of any home selling for any price are behind us, the current
housing market is still strong. The biggest hurdle for sellers is to avoid the
feeling that they missed their chance to get top dollar. Yet, many times the
seller intends to buy again also; so while they may sell their home a little
lower, they will also buy the new home a little lower as well.
ABCs of Success
The ABCs to a successful sale are not complicated. They are the basics of
home selling, but if followed, it will ensure a timely and profitable home
sale.
A) Appreciation – When sellers hear this term, they normally think of
the value of the home. During a challenging market, this kind of
appreciation is to appreciate every buyer who wants to come by and every
offer you receive; take them seriously.
B) Give in, Don’t Dig in – Along with appreciation for offers, view all the
terms in the light of where you can give in or compromise. Be easy to work
with and be reasonable.
C) Stop Comparing the House Next Door – Try not to be discouraged
or angry if other homes are selling faster. You don’t really know the reason;
try to stay patient.
Buyers are excited about the slower market. This means that buyers are
still buying. Sellers who get back to the basic ABCs can be successful and
achieve their selling goals.