What Sells Real Property?
1. Agents 2. Condition 3. Exposure 4. Price
Enthusiastic Agents are a crucial influence in the buying decision. More than half the time an offer is written because buyers trust the advice of a knowledgeable professional.
The condition of the property is in your hands. The newer the carpet, the fresher the paint, the more upgraded the bathrooms and kitchen, the higher the sale price.
Exposure is a partnership task between you and your Agent. Often times a property-a good property-will not sell because prospective buyers are not able to see it due to difficult showing restrictions, insufficient open houses or inadequate advertising.
Last, but most important, is the competitiveness of the price. Owners don't set the sales price, Agents don't set the sales price, Appraisers do not set the sales price. BUYERS DETERMINE THE MARKET PRICE OF PROPERTY by their willingness tp pay a "fair" price.
Overpriced homes often sell for less than they're worth . . .
Friedman Realty helps you price your property to sell
Why List Your Property with Friedman Realty?
We deliver the service other companies promise!
Why Pay An Agent?
Before buying or selling property, a real estate commission seems excessive. After the transaction, most people agree they would not do all the work of their agent for the fee paid.
A top-notch real estate agent must have knowledge in the following areas:
Common problems that occur during the process of buying or selling real estate:
Common Problems that occur during the process of buying or selling real estate.
People change their mind about buying or selling.
A seller's replacement transaction fails.
Buyer's commitment for down payment does not materialize.
Co-signer for buyer changes their mind.
The buyer's committee (family & friends) is negative about the property.
Seller's neighbors and friends advise seller not to accept a lower price for the property.
Seller discovers after accepting an offer, a large prepayment penalty is due upon sale.
Loan rates increase. The buyer's credit is flawed.
Inspection reports are negative. Remedies are overwhelming. Buyers and sellers can not negotiate a compromise.
Septic system is inadequate, old or leaking.
Well water is subject to seasonal contamination.
Well water supply is inadequate.
Title report reveals unresolved issues:
· Foreclosure notices
· Encumbrances for more than the sale price encroachments
· Unexpected assessments or bonds
· More owners on title than on agreement to sell
· Deceased parties still on title
Reconveyances not completed on paid loans
Easements restricting use or expansion of property
Covenant, conditions and restrictions prohibiting certain activities and/or uses of the property.
Inconsistent information from different "official" sources.
City resale inspections reveal problems:
· Code violations in the building systems
· Additions completed without a permit
· Illegal use of property; i.e. rental, home business, farm animals
· Insufficient smoke detectors
· Unstrapped water heaters
· Inadequate spark arrestors, fire doors and/or hand rails
· Square foot of house and/or, parcel is inaccurate
Tenants want to be uncooperative with negative opinions, resistance to showing or untidiness.
The other principals are embroiled in a complicated divorce.
Divorce is not final. Absent spouse needed to sign quit claim deed.
Tax consequences are discovered after a purchase agreement is signed.
The loan documents are late because of aback up of work for appraisers, loan processors or loan agent.
Funding is delayed.
Payoff demands of existing loans delayed.
Movers can't be re-scheduled on short notice.
Seller removes fixtures included in purchase agreement.
Seller removes personal property that buyer does want.
Seller leaves personal property buyer doesn't want.
We, at Friedman Realty, can not tell you what will be the complexities of your real estate transaction. Nor can we prevent problems from arising but we will be YOUR tireless advocate in resolving the conflicts and making the experience the best possible for you.
Last updated 07/2007