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Putting
your home or property on the market can be one of the most exciting things you
will ever do! Yes, you may be leaving the past behind but selling your current
home or property allows you to look towards the future with enthusiasm and,
most importantly, an exciting opportunity for growth.
We realize there are many factors when it comes to selling your home or
property, but advertising your property has never been easier! We feel
confident we can be one of your greatest assets in advertising your
property and getting it out there for thousands of potential buyers to see!
Also,
as additional support to help you through the selling process, we have included
the following seller’s guide. While this guide is not all-inclusive, it will
give you helpful tips from preparing your property for potential buyers to see
to closing the sale. Our number one goal is to make your selling experience
simple, hassle-free, and most of all cost-effective!
Prepare
to Sell
Planning
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Determine how much you are
willing to spend to prepare your property for sale.
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Determine what the benefits of
your property are to a potential buyer.
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Collect information about your
home such as the property survey, taxes, utility bills, and warranties.
-
Determine the price you would
like to receive for your home or property. Below are ways to help in that
determination.
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Advertise your property for sale
at our one-stop shop
taylormadepropertiesltd.com
.
Preparing
Your Property to Show to Potential Buyers
First
impressions can mean the difference between selling your property quickly,
or having it sit on the market for a long period of time. An
appealing home, yard, parking lot, etc. will be an attractive “First Step” for
potential buyers visiting your property.
View your property with a critical eye. What can you do to make it more
appealing? The changes you make do not have to be expensive. Consider the
following:
On
the Outside
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Keep the lawn mowed. Remove
all trash and debris from the premises
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Paint the house in a neutral
color. Repair major cracks in walkways and driveways
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Repair light fixtures.
Repair cracks in the foundation. Store lawn equipment neatly
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Pay attention to the landscape.
Plant some flowers. Replace all light bulbs that may be out
On
the Inside
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Clean your home or commercial
building, including the carpet. Everything should sparkle.
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Repair leaky faucets. Clean
the kitchen and bathroom areas especially well.
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Eliminate odors and any items
that others might consider to be offensive
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Eliminate clutter. Organize
sloppy areas. Apply a fresh coat of paint, in a neutral color
Pricing
Your Home or Property
There
are several ways to determine the value of your home, vacant land or commercial
property. Keep in mind, there could be a marked difference between the price
you think your property is worth and the price the public or investor is
willing to pay. You don’t want to over-inflate the price of your property to
the extent that it is on the market for a lengthy period of time and people
start to think there is something wrong with it. On the other hand, you don’t
want to under price your property either. Just a little investigation goes a
long way. Here are a few things, which can help you determine the value of your
property:
-
Look in the local newspaper for
comparable properties for sale in your area. Some major newspapers provide
information, by zip code, about homes, which were recently sold. You can also
do your own market analysis by checking the tax records of homes sold in your
area.
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Hire a professional property
appraiser. We can help you find one in your area.
Selling
Your Property with Us
By advertising your property for sale with us you can take advantage of
the power of the masses considering we have the potential to reach millions of
people with your posting. But most importantly, you know the exact amount
you are paying to advertise your property.
Listing with a Real Estate Agent can be a great thing as well and we are not in
competition with them. This is something completely different and exciting. In
fact, if you are currently listed with an agent you may want to point them to
this site and they can advertise your property for sale here as well. The
more exposure your property gets the better chance you have of getting it sold
Fast!!!
Now
that your property is posted, or on its way to becoming posted on our site,
what do you do next? As we mentioned previously, we know there are many factors
when it comes to selling a piece of property, and even more if it is your
personal home. But we feel confident in our ability to make
the advertisement of your property a very easy part of that process.
If
you still have questions after completing this process, please do not hesitate
to email us 24 hours a day at
taylormadeproperties1@yahoo.com.
Offering
Incentives
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Incentives such as home
warranties are a good way to attract buyers. The decision to offer them,
however, is entirely up to you. Put in writing what you are willing to offer to
prevent any misunderstandings.
Showing
Your House
-
You will maintain total control
over showing your house. If we are contacted directly, we will,
however, let you know about all serious inquiries regarding your home.
-
You will want to show your house
to qualified buyers who are seriously considering purchasing a home. A pre-approved
buyer has actually been approved for a loan from a credible lending
institution. A pre-qualified buyer has an idea how much house he/she can
afford.
Negotiating
Your
Sale
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Have the buyer read and sign the
Property Disclosure Form. DO NOT, under any circumstances, hide defects in your
property.
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Whether or not to accept an offer
is your decision to make. Consider all offers, including those below your
asking price. There's a chance the buyer may change his/her mind. You can
always make a counter offer. Ask that the offer be in writing. You can consider
other offers at this point. However, once you accept an offer and enter into a
written sales contract, you are bound by the terms of that contract. Those
terms could limit your ability to continue to market your house after you have
signed a contract.
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While not required, we highly
recommend hiring a real estate attorney or title company to review all legal
documents and help you understand the contracts prior to the sale, including
the Sales/Purchase Contract.
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In the Sales Contract, you can
require a pre-qualification letter from the lender. You should receive the
letter within 7 business days from the date the contract was signed by you and
the buyer.
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Once the sales contract is
signed, you must place the earnest money in an escrow account. This money is
applied to the down payment during closing.
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It is important to maintain
contact with the lending institution, the closing attorney, and, if applicable,
the real estate agent. Obtain contact information as soon as you accept the
offer.
Closing
the
Sale
With
the final walk through completed, the seller, the closing attorney or title
company and you will meet to finalize the sale. You may be asked to provide
proof that repairs and termite inspections, for
example, have been taken care of. The closing attorney is there to answer any
questions you may have about the paperwork or to clarify information you do not
fully understand. Once all of the paperwork is signed and the transfer of real
property takes place, you will receive a check for your equity.
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