In our market, competition for buyers is high and sometimes the seller may need to look at sweetening the pot, so to speak, to get the deal done.
As a member of the Top 5 in Real Estate Network®, sellers often ask me what they can do to help make their home stand out among the sea of homes currently listed. The following are five creative ideas that I believe might just help close the deal.
- Offer a Decorating Allowance
There may be a buyer that likes your home but just has different decorating tastes. To seal the deal, offer a decorating allowance (for painting, new carpets or wallpaper). You can also offer cash at closing, or put money in escrow to reimburse decorating and remodeling expenses made within 90 days of closing, up to a maximum amount. - Do a Pre-Sale Inspection
This actually works for both the seller and the buyer. By having a whole house inspection done before listing the home, you get a chance to address any issues before prospects see the home. That means you increase the home's salability. Display the report during open houses and highlight the repairs that have already been addressed. It's like seeing the repair history when you buy a used car; it makes you feel better about making an offer because you know the car is in good shape and exactly what has been repaired in the past. By having the home inspected before listing it, people don't have to guess what kind of condition it is in -- they can see it in writing. - Offer a Home Warranty
A home warranty reassures the buyer that the property is in top condition and gives them comfort knowing that certain future repairs will be covered by insurance. Buyers fear that as soon as they buy the house, the dishwasher, dryer or stove will go on the fritz. A home warranty is an inexpensive way to offer peace of mind to the buyer. - Cover Closing Costs
Sometimes, it takes a little nudge to close the deal. You can offer to pay the buyer's half of the title and escrow fees or prepaid interest charges. Paying the points on the loan may also be a tax deduction for you. Many lenders may limit how much of the closing costs you can pay, but if the buyer is short on cash, offering to pay some closing costs can make a difference. - Offer Seller Financing
There are many ways to offer seller financing. Options include putting funds in escrow to cover several months of mortgage payments, buying down the mortgage rate or carrying a second mortgage to cover the down payment. It is wise not to offer seller financing unless you have consulted a real estate attorney and your real estate agent. Make sure the buyer has good credit. Although this is the least attractive option to the seller to get a deal closed, sometimes it takes creativity and going the extra mile to get your home sold.
Ispecialize in helping buyers and sellers invest in real estate
in Loudoun
County and Northern Virginia.
I have over 25 years
experience in the real estate industry. As a Broker/Owner with Exit
Realty Talbot and Company, I bring special tools and solutions that enable me
to exceed the expectations of my clientele. If you are considering
listing your property in Loudoun County or the nearby areas, ask me about our
latest internet marketing systems. I would appreciate the opportunity to
earn your business. I am experienced in listing and selling short
sales.
For information on the short sale process, please visit www.LoudounShortSaleSolutions.com.
For a free market
analysis on the value of your home, please visit http://www.LoudounHomeValues.com
My past awards and
designations include – 2003 President of the Dulles Association of Realtors,
2003 Dulles Area Assoc Realtor of the Year, Salesperson of the year 2000 Dulles
Area Assoc of Realtors, Top Producer awards from both the Dulles Area
Association and the Northern Virginia Association of Realtors. I am a
member of the Top 5 in Real Estate Network.
I have lived in Loudoun
County since 1979. I am married with two grown children and two
grandchildren. My son in law is my business partner in real estate.
I love to jog in the mornings and spend time relaxing on my Trawler during the
summer months.
Loudoun County
and Northern Virginia Real Estate Sales and Solutions – Helena Talbot, Broker.
I specialize in helping buyers and sellers invest in real estate in the
Northern Virginia area to include Loudoun County and surrounding areas
including Fairfax, Clarke, Fauquier, Prince William Counties. Our
local neighborhoods includeLeesburg, Ashburn, Sterling, Potomac Falls, Brambleton,
Broadlands, Lansdowne, River Creek, Belmont Country Club, Beacon Hill,
Shenstone, Waterford, Lovettsville, Purcellville, Hamilton, Round Hill and
Bluemont.
Cell 703.727.9885 Office 703.574.3800
No comments:
Post a Comment