In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner )
Before You Make An Offer Here Are 4 Tips For Success
1. Understand How Much You Can Afford
2. Act Fast
3. Make a Solid Offer
“Your strongest offer will be comparable with other sales and listings in the neighborhood. A licensed real estate agent active in the neighborhoods you are considering will be instrumental in helping you put in a solid offer based on their experience and other key considerations such as recent sales of similar homes, the condition of the house and what you can afford.”
4. Be Prepared to Negotiate
“It’s likely that you’ll get at least one counteroffer from the sellers so be prepared. The two things most likely to be negotiated are the selling price and closing date. Given that, you’ll be glad you did your homework first to understand how much you can afford.
Your agent will also be key in the negotiation process, giving you guidance on the counteroffer and making sure that the agreed-to contract terms are met.”
I have lived in Cabarrus County for the last 12 years. Prior to joining Keller Williams Realty, I worked as a Senior Accountant for a Financial Management company in uptown Charlotte. And, prior to mo....
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