Here are some advice for those who want to sell their homes from Money Magazine. I found them useful:
5 new rules for home sellers
Whether you're buying or selling, the real estate game has changed. To win, you've got to learn a new playbook.
Whether you're buying or selling, the real estate game has changed. To win, you've got to learn a new playbook.
Rule 1: Get real about price
Prepare three area brokers where there will be given a good description like houses, sizes, prices and other detail information. Do provide 10% discount which will give you an advantage among other firms and attract more clients to you. If you have small inventory, cut bigger don't make baby steps in this case.
Rule 2: Vet your agent - especially if it's you
You can't do it alone, you need an assistent. If you try doing everything for yourself, you'll do pooly. Get an agent, but not a newbie, get someone who is experienced enough in good and bad in this area.
Rule 3: Pimp your house - hire a home stager
Make it beautiful. Make it look more attractive you could hire a homestager which will probably cost you some money as the renovation itself. However, it's worth it.
Rule 4: Cash will make your home look even better
Make something that will make your house look more attractive than another one.
Rule 5: Underwater? Learn to swim
First, you may be able to persuade your new employer to make you whole on the loan. Second, if the rental market in your area is strong (as is the case in many spots that were healthy but not overly bubbly during the boom), you can become a landlord and wait out the slump. Third, of course, is to sell for as much as you can (see Rule No. 1) and raid your savings for the difference.
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