We all want to sell our homes at above asking price, but what is it that makes a seller succeed at this? Here's our expert advice on how you can sell your home above the asking price. Ask For Less You may be surprised, but pricing your home lower than market value can have an extremely positive effect on the offers you receive. This is because a low-priced listing will stand out and will draw more attention, which boosts your chance of a bidding war. By attracting more buyers to come and look at your home, you will find more buyers who are willing to make an offer on your property. When they view your home they will see its true market value, and are then more likely to make a higher offer … [Read more...]
Locked in a Bidding War? 3 Tactics That Will Ensure That You Reign Supreme with a Winning Bid
Bidding wars can be ugly, nasty things - but with the right tactics, you can come out a winner without having to double your offer. Welcome to basic training - today, you'll learn how to navigate the obstacle course that is a real estate bidding war and come out on top. Put these three strategies to use and you'll easily win the home of your dreams. Offer To Pay The Deposit In Cash It's not usually wise to make a down payment in cash, but paying cash for the deposit is a brilliant strategy that will put you first in line for your new house. One major reason why homes don't sell is because the buyer didn't get approved for financing - and that inconveniences the seller. Paying your deposit it … [Read more...]
How to Submit an Offer Below the Asking Price Without Spooking the Seller
You've found it: A large new home for your family. It's in the area of the city that you love, with the perfect architectural style and lots of room for entertaining guests. It would have been perfect for you, but there's only one problem - you're not quite ready to pay the price the seller is asking for. You'll have to put in an offer below the seller's asking price - a risky move. Although you will be rolling the dice with an offer below asking price, there are ways that you can increase the likelihood that your offer will be successful. Before you submit your offer, use these three strategies to make it more appealing. Work Out Other Terms In The Seller's Favor If you're going to ask for … [Read more...]
Negotiation Tips: How to Ask the Seller to Pay the Closing Costs
You've found the perfect new house or condo, and you are now preparing an offer that you believe the seller will find tempting enough to accept. However, you know that there are going to be thousands of dollars in closing costs that need to be paid before the sale is completed and you become the home's new owner. The question is, should you ask the seller to pay some or all of the closing costs? In today's blog post we'll address this question and list a few scenarios in which you may want to consider having the seller pick up the tab. Ask if You're Offering the Full Listing Price If you're prepared to offer the full asking price for the home you can certainly include the caveat that the … [Read more...]
