Saturday, May 20, 2017

Do You Need To Sacrifice Money For A Quick Sale? Absolutely Not

money sacrifices
So, you’re selling a property and want to get rid of it as soon as possible. This isn’t unusual because most sellers need to flog their current house before they buy another. The problem with selling quickly is that it decreases the overall value. For some reason, buyers think they can wade in and undercut you because it’s in your best interests. Selling is in your best interests, but losing money isn’t. Thankfully, there is no need to sacrifice one for the other with the following tips. Yep, you can have your cake and eat it, too. 

Start A Bidding War

Your first ports of call are companies like West Coast Cash Buyers and Cash PDX. Because they are cash rich, they will take your property off of your hands promptly. Of course, the quote might be lower than you want or need before you sign on the dotted line. The good news is that there is a host of these companies, and they all have to make money. As a result, you can pit one against the other to start a bidding war. Hopefully, that will boost the value of the property enough so as to break even or make a profit. 

Market Effectively 

To begin with, you only want people with cash to apply. Otherwise, you will have to waste time rejecting prospective buyers that never had a chance. But, just asking for cash buyers to submit an application isn’t enough. To attract the big fish, you need let them know that the asking price isn’t flexible. Sure, you will have a number in your head that you’re willing to accept, so the asking price isn’t the be all and end all. Still, you don’t want any jokers offering a fraction of the price. You want to deal with people who have a genuine interest, and advertising the fact is your best option.

Give The House A Makeover

Buyers aren’t going to file a competitive offer is the property doesn’t warrant it in the first place. The house needs to sparkle for people to take it seriously, but it won’t if it looks old and tired. Plus, you want to set a high price, yet you can’t if the property is dilapidated. A fresh coat of paint and a few interior tweaks will make the house shine once again, and attract more offers. After all, people judge a property as soon as they see it from the car windows. Oh, and don’t forget about the garden if you have one. 

Negotiate

No one will offer the asking price because that isn’t how the game works. What they will do is start low and test your resolve. If you break, they will go even lower. It’s a dog eat dog world, and you have to be ready. As a result, you need to learn how to negotiate. Real estate discussions are an art which can make or break a sale. The better you are, the more chance you have of hitting your target price.

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