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Negotiation Tips When Buying A House

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It ended up happening! You've come across the home you want to buy. The next move, then? Make sure you get the right price for this home. That is why we have prepared this guide on tips to negotiate a house's price.   Knowledge is central when it comes to real estate and homeownership. Although your real estate agent will be able to explain the market and direct you through the art of negotiating a house's right price, it is also wise to do your research and consider the tactics that you want to pursue. This will help both of you appreciate home buy price negotiations.   If you're looking for a guide to help you through your home purchase deal-making process, these five tips for negotiating a house's price will be a great place to start. 1. Research The Market It is always a good idea to know what kind of private rentals market you're going into as a buyer before you can step into the negotiating process. If you negotiate a house price in a buyer's market,

Pros And Cons Of Using A Real Estate Agent

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Deciding whether or not to sell your home using a real estate agent can be the right choice for one person and not the right choice for another. Furthermore, there is no correct and wrong sales technique and no definite superior sales technique. Using an agent or selling yourself has both advantages and disadvantages. Consider the pros and cons, or each, before deciding on what will work best for you. Advantages of Selling Without An Agents 1. No Commissions This is the biggest advantage, in dollar terms, of selling your house without an agent. Listing agents rarely take commissions of less than 2 per cent; this is $2,000 for every $100,000 in sales value.  Sellers still have to pay the commission of the buyer's agent for Sale By Owner if the buyer has a professional representation, as is usually the case. But 2 to 3 percent of the final selling price is less than 4 to 6 percent of the final selling price, which you would be paying if you both had agents.  2. Control The Process FS

How To Sell Land

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It can be challenging to sell a home in a changing real estate market. Dirt sales can be even more challenging ... in any market. In this article, we provide landowners and real estate professionals with tools on how to sell lots and land, and why your vacant residential land strategy needs to be different from selling a home.   Many people expect lots and land market dynamics to be the same as the existing homes market. They don't. If you understand some of the differences between the land market and the existing home market, you'll be better prepared to sell your home lot or land:   While we've noted that there are many differences when selling land, the concepts are similar to selling a home at the same time. To sell this type of property, you simply need to tailor your strategy, tools and focus.   When selling a home you typically know that your target market is a home buyer within a certain price range. But when selling vacant land you must assess who will be among man

Negotiating Real Estate Commissions When Selling Your Home

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It’s much better to negotiate the listing agent commission vs the buyer agent commission because buyer agents represent 90% of all home buyers, which means you’ll want their full attention if you want your home to sell. It’s easier to convince a listing agent to take a haircut on their commission because of ancillary benefits from having a listing, such as enhanced branding and an additional referral What Is The Average Commission? Realtors will always inform you there is no regular commission that sellers have to pay; however, real estate commissions in the United States have generally hovered about 5–6 percent in reality.  If you sell at high-priced metropolitan centres like New York City or the San Francisco Bay area, average transaction prices are no different. This means that while NYC's average home sells $2,000,000 which is ten times the national average, NYC's Realtors make ten times more money than their country cousins. Why Do Agents Charge Such a High Commission? Rea

5 Tips For Photographing Your Home

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Property pictures will make or break your plans to sell your home as we all know a picture worth a thousand words is worth it. You don't want to hurry through the planning stage of this process because, unfortunately, many home sellers neglect those important factors. We've all rolled our eyes and shaken our heads in disgust before gazing at images of crappy assets. You may have a beautiful house that looks great in real life and think that is enough to make a good photoshoot, but it's a little more complicated than that, and several factors come into play.  Here's our list of 5 important items to consider while planning for a shoot at your house. Check out these below: 1. Plan The Shoot Ahead Of Time Do not hurry through this stage and take as much time as you need to plan your home for the next photo shoot. You want it to be as close as possible to perfection and you want your home to stand out in the pictures.   Take at least two full days to plan an apartment with o