How to Sell Your Own House - The Price May Not Be As Appealing As the Incentives You Choose to Offer
House prices are consistently falling and many buyers hold off from making a purchase and wait to see exactly how far prices will fall.
It makes you wonder how are you going to sell your own house.
It's definitely not as easy to price your home correctly during the current economic slump.
You set your stall too high and your property could lay idle on the market for months or worse still even years.
You price your home too low and either it's snapped up immediately and you are left wondering whether you got enough money or sits unsold for months on end.
Yes, even if you price too low many buyers may become suspicious and purposely ignore your listing.
A rather interesting opinion is rather than overly worrying about price, just put your home up for sale at the standard rate for a property of it's size and location.
However, you should then offer suitable incentives to entice potential buyers.
Perhaps you may pay the new owner's mortgage for the first month or two, or you could fit out a TV room and install a nice flat screen TV.
Maybe if your prospective buyers are working parents, offer to pay for day care for a few months.
These are just a few examples that were offered up by Craig Beggins, a well known name in real estate services.
The point being when you are trying to sell your own house, you need to realise that you have to get noticed by potential buyers.
The more appealing you can make your part of the offer, the more viewings you can expect.
Other examples of incentives may be a new washing machine or shower unit.
Whatever you decide, all i know is, that if by spending some money now to attract prospective buyers, i can save of a lot of the money in the future.
Because by trying to sell your own house the exact same way as every one else, you may find that you have no firm offers for months.
You then have a fair few extra months of mortgage payments to make on a property that you've decided you no longer want to live in!
It makes you wonder how are you going to sell your own house.
It's definitely not as easy to price your home correctly during the current economic slump.
You set your stall too high and your property could lay idle on the market for months or worse still even years.
You price your home too low and either it's snapped up immediately and you are left wondering whether you got enough money or sits unsold for months on end.
Yes, even if you price too low many buyers may become suspicious and purposely ignore your listing.
A rather interesting opinion is rather than overly worrying about price, just put your home up for sale at the standard rate for a property of it's size and location.
However, you should then offer suitable incentives to entice potential buyers.
Perhaps you may pay the new owner's mortgage for the first month or two, or you could fit out a TV room and install a nice flat screen TV.
Maybe if your prospective buyers are working parents, offer to pay for day care for a few months.
These are just a few examples that were offered up by Craig Beggins, a well known name in real estate services.
The point being when you are trying to sell your own house, you need to realise that you have to get noticed by potential buyers.
The more appealing you can make your part of the offer, the more viewings you can expect.
Other examples of incentives may be a new washing machine or shower unit.
Whatever you decide, all i know is, that if by spending some money now to attract prospective buyers, i can save of a lot of the money in the future.
Because by trying to sell your own house the exact same way as every one else, you may find that you have no firm offers for months.
You then have a fair few extra months of mortgage payments to make on a property that you've decided you no longer want to live in!