Conventional Wisdom says if you need to sell your Manteca Home Fast Call a Real Estate Agent? But is that Always the Case?
What are the exceptions? There are quite a few and well leave that to another article.
Its ironic that in a world that is definitely NOT one size fits all, the the only advice given by the Real Estate Industry that represents real estate agents is to call one of their experts to tell you what to do. The irony in that is that over 40% of all houses listed on the Multiple Listing Service by Real Estate Agents go unsold. That is a huge number and that means that there are a lot of real estate agents that are not very good at what they do.
But what if you need to sell your house fast?
This blog post that reveals 4 mistakes you should avoid when listing with a real estate agent in Manteca, CA…
If you’re looking to sell your Manteca house, or if you’re a real estate agent who is selling houses in Manteca then here are 4 mistakes you should avoid when listing when an agent in Stockton…
First, Don’t Assume That the House will Sell Fast
The market shifts from one day to the next, depending on a number of factors. So make sure you set realistic timelines about how long it will take to sell.
If you are a seller, you need to assume it will take months for the sales process to be completed – from fixing up the house to parading buyers through and then negotiating to setting a closing date, to inspections, repairs and to moving out. If you are an agent, be careful not to over-promise a timeline to your sellers – set their expectations appropriately.
Second, Don’t Assume That The Listing Price Will Be The Selling Price
The asking price is the starting point in the sales process – it establishes what a seller wants to sell for. The number one reason that houses go unsold is because the price is set too high.
If you are a seller, realize that the actual selling price might be different than the asking price. If you’re an agent, make sure you explain this to your sellers that not all houses get full asking price offers.
Third, Don’t Assume All The Money Goes Right Into Your Pocket
Some people make the mistake of assuming that the selling price (minus anything they owe on their mortgage) is pure profit. But this is not true.
If you are a seller, make sure you know that there will be agent commissions, closing costs, and other fees you’ll have to pay. If you’re a real estate agent, make sure you explain to your customers.
Fourth, Don’t Assume That The First Offer Will Go Through
Buyers often make offers and then discover that they can’t get financing for some reason.
If you are a seller, be prepared to have one or two buyers fall through before a buyer can be found. If you’re a real estate agent, prepare your sellers ahead of time by explaining this so they can be ready in case it happens.
Whether you’re a property owner looking to sell, or you’re a real estate agent who is representing sellers, these are 4 common mistakes that can happen during the sales process – so make sure you’re aware of them.