Tips for 'Selling your Real Estate Property
By Ron Miller/ Responsible Broker for JHREC
Selling your home can be a smooth process if you take advantage of the knowledge of experienced Brokers that have listed with sellers that have been through all the pitfalls of mistakes a seller can make. The difference between a smooth transaction and a break even, miserable one is often a fine line. The subtle know how of your professional Jackson Hole Real Estate Broker can make all the difference. By utilizing the knowledge of a seasoned, well-trained real estate investor, you'll experience a quick, profitable sale of your home or investment property. These suggestions are designed to equip sellers with the knowledge to avoid 11 common mistakes.
1. Refusing to make smart Improvements and repairs
It always costs sellers more money to sell a property in 'as is condition' than to make repairs that will increase the value of your home. Minor improvements and landscaping can increase the dollar investment by as much as three to five times if done right. A good Jackson Hole Real Estate Investor and Broker can assist a seller to significantly increase the value of a property.
2. Offer Financing Terms to get a better price
If a seller has substantial equity in a property a cash deal is not always the most advantageous transaction. Good buyers often have needs that are easy to meet if time is taken to understand the need. A win/win can happen if a seller sees a new perspective on seller financing.
3. Provide fast and Easy Access to show your property
Many times a sale is delayed simply because buyers and Realtors do not have fast and easy access to a property. Agent delays and slow response can be the most difficult problems while a lock box is the least. Jackson Hole Real Estate Company is presently the only company in Jackson Hole to use a lock box system. Be sure the agent or Broker representing your property has your best interests at all times. A buyer that couldn't get access was the one that was perhaps the buyer.
4. Priced Too Low or too High
Only a professional real estate investment professional is truly able to make sure the property is priced appropriately for a timely and profitable closing. We find the listing must be priced right and promoted well in the first 45 days to move the property in a timely manner. If the property is priced too high it will become 'shop worn" and be perceived as overpriced.
5. Get creative To Sell Your Home
The real estate professional who is innovative, creative, and willing to offer new strategies of attracting homebuyers will always do better. Jackson Hole Real Estate Company has a completely different style of marketing than the traditional Realtor in Jackson Hole. Demand around the clock advertising exposure, innovative lead generation methods and lead accountability. These services exist and should be offered on your home sale.
6. Timing is everything in Real Estate
The right timing combined with strategic pricing and terms will always sell a property in any stage of the Real Estate market in Jackson Hole. A good broker can read the market and advise the proper price and strategy.
7. Do not be a seller on a 'Fishing Expedition"
Never put your property up for sale unless you are serious and ready to move if a ready willing and able buyer wants to purchase the property at a fair price. Real Estate professionals will find you buyers, and if you do not really want to sell, it is a waste of everyone's time.
8 Believing all Real Estate agents are able to assist a seller in Jackson Hole properly.
The sale of a property in Jackson Hole is usually a huge financial decision and transaction. Why in the world would a seller rely on anyone but an seasoned and experienced real estate investment professional? I am amazed when sellers hire people to hire an agent with little experience to represent a huge investment.
Be familiar with the Real Estate Glossary, and don't let any information or term go unnoticed. Be aware and educated on the terms your agent and broker will be using.
