1. Not Preparing Your
Home To Look Attractive To Buyers. Your home
is competing with more than 1,000 other homes. Buyers
buy on emotion, not logic. The best marketing program
in the world can only bring lots of buyers into your
home – it can't make them like the home. Ask
for our "How to Show Your Home" flyer.
2. Signing A Long-Term
Listing Without A Written, Specific Performance Guarantee
And Easy-Exit Clause. Don't rely on verbal
promises. Make sure that you receive a written promise
stating that you can cancel without charge if the
performance is other than what was promised.
3. Not First Obtaining
A Qualified Bank Appraisal And Commitment For Financing
From A Home Lender. How would you feel if your
home sold for $106,500 and then you find out from
the bank appraiser that it was worth $116,000? In
today's real estate market, this happens often! Your
home will have to be appraised by a state licensed
bank appraiser sooner or later. Sooner can result
in several extra thousands of dollars in your pocket.
Bonus: Buyers
are afraid of paying too much for a house. That's
why they often make low offers. A certified bank appraisal
helps you sell for full price because the buyer can
see that the price was established by a professional
third party.
4. Not Obtaining Written
Pre-Approval For A New Home Loan For Your New Home.
Nothing is more heartbreaking than to sell your home
and find your new dream home, only to find that you
can't obtain financing for the dream home.
A written pre-approval is a formal written promise
by a home lender to make you a new home loan. It costs
only $100 (I can often help you get them for no charge),
which will be applied to your down payment when you
get your new home. Do not confuse a verbal pre-qualification
with a formal written pre-approval. Verbal pre-qualifications
are just that – verbal. They are not binding
on the home lender. Many home buyers have received
verbal pre-qualifications, only to later be denied
a home loan and have their dream shattered.
We would be more than happy to give you the name
of several highly competent, well-respected home
lenders, who may provide you with a formal, written
pre-approval at no charge, as a result of my recommendation.
Please feel free to give us
a call for their names.
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