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After years of the sellers being in control, the real estate market has swung like a pendulum in favor of buyers. Don’t worry. You can still sell a house if you follow these tips. 1. Make your home available. It would probably help to just accept that your home is in the public domain from 9 A.M until 9 P.M. daily until it's sold. 2. It is important to remember that a home can only support the value of homes around it. When making home upgrades, make sure you do not spend more than you will recover when you sell it. 3. When you decide to sell your home, giving the kitchen the once over is a good first step. Kitchens are unique in our daily lives. For some reason, we always seem to congregate there. Buyers know this and will be focusing on the condition of yours. 4. Whether buying or selling real estate, it helps to be flexible when it comes to negotiation. One mistake for sale by owners make is to pick a fixed position. If there is a roadblock in negotiations, try to think outside of the box to solve it. 5. Some offers for your home are better than others. A contingent sale is a bad one. The potential buyer makes their offer contingent on selling their own home first. Avoid these like the plague. 6. You're a seller who really needs or wants to sell your home within the next three months and the market is slow in your area. Getting enough people to come and look at your house is the secret to achieving your goal. Make price reductions until you do get 1 to 3 showings per week, and your home will sell. 7. You want to put your home on the market and want to be sure it will "show well." What do you do? Clean, clean clean! No home ever failed to sell because it was too clean. Pare down and organize what's in closets, garage, kitchen, and laundry. 8. Most states require real estate contracts to be in writing to be enforceable. The buyer invests time and thought in the process of committing his offer to paper. When you receive his written offer, you know ALL the items the buyer is trying to "nibble" from you. 9. Whether buying or selling, it is important to recognize the type of market you are in. After years of a hot seller market, the beginning of 2007 introduces us to a distinct buyers market. Home prices are falling, which means we have a volatile market. 10. Many people work so hard to get an offer on their home that they do not know what to do once they get one. Your choices are to accept it, reject it or make a counter offer. If you are a seller, the real estate news probably sounds pretty grim. It really isn’t. There is always a market for sellers and buyers. You just need to put your nose to the grindstone a bit. Since most people don’t, you’ll have an advantage and get that sale.
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