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Video on How To Sell Your Home In 5 Days

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How To Sell Your Home In 5 Days
Nick Walsh
When the clock is ticking, inexperienced homeowners blindly go through a sale process that tends to drain their financial resources. We've seen too many cases of people waiting up to 12 months to sell their home. Because they don't know the real estate market that well, and because they may have been lied to by the Estate Agent. Sell your home fast with our expertise.
What happens when inexperienced homeowners decide to sell their houses on their own?
Fact # 1: They take the plunge into the real estate market with zero experience.
Fact # 2: With no market experience, they have no idea what price to ask for. The newspaper ads are not an accurate indication.
Fact # 3: Their lack of experience does not provide them with the right negotiation skills to gain the upper hand in the transaction.
Fact # 4: They get into a head-on collision with renovations and repairs for fear that the buyer might later file a claim against them (in some cases, most of these repairs are unnecessary).
Fact # 5: They aren't necessarily aware of the legal and tax implications in selling their house.
Don't get caught in a maddening stampede. Don't be trapped in an endless wait. Be warned ahead of time. What are the potential frustrations a homeowner is likely to face? Do you know that when you take the real estate agent route, it may seem like half the battle is won because you think that the agent will take the ball and run with it?
Actually, that isn't the case at all. The battle isn't half won, it's only just begun... Imagine:
1. First step: finding a real estate agent. What criteria or qualifications are you looking for? How can you verify that he or she has the experience and expertise? Where exactly can you find a reliable real estate agent?
2. Assuming you've found one, the agent will probably take a look around and advise you to do 101 renovations in your house before he/she agrees to take it on. Result? More time and money on your part.
3. Consistent upkeep of your house for viewing purposes is physically draining.
4. If a buyer is found, how much longer do you wait before you know that the mortgage documents are in order?
5. What if that buyer is in a chain? You wait again before the buyer can sell his property to purchase yours.
6. What if... The real estate agent does not return your calls, the real estate agent has other more lucrative properties to sell and neglects yours midway, the buyer changes his/her mind or the mortgage is not approved?
Think long and hard about it. You need time to work with you, not against you. Do you honestly want to go through the traditional methods of selling property? Do you really have the luxury of time? There are things in life that happen that make us unhappy. Selling a house without guidance and due diligence is one.
In your estimate, how many hours - days - will it take you to "stage" your home for prospective agents, and then later for potential buyers? You may want to double or even triple your estimated time if you and your spouse work and there are young children in the family; §
How are you going to react if people don't show up or the real estate agent acts in such a way that you're feeling abandoned through no fault of your own? § Will you be able to "sniff" and filter out the serious buyers from the frivolous ones? Experience proves that more than half of people who show up at your doorstep won't even have a pre-approved mortgage or have no intention of buying a house. We call them the curious and the snoops.
Without qualified and screened buyers, you can't get into the transaction stage. The first step is where to look for the buyer who will be the next proud owner of your property. Our service takes you right into first base. You'll get a service that has been through repeated trial runs. Strategies need to be tested and taken for frequent spins before anyone can lay claim that they work.
There's one more thing we learned about from a leading UK mortgage company: Using the Internet or a do-it-yourself "for sale" sign would take about six months before a sale is concluded;
The complaints are usually about agents who work for the larger outfits who are recognized in their field. If your agent causes your property to remain unsold for too long, this is a major obstacle. Buyers will get suspicious about why your house has still not been sold in spite of the housing boom... Ever thought what a laborious process selling your house with an agent entails?
Let's look at this timetable -
Meeting and discussions with agent 1-2 days Agents takes photos of home, notes down dimensions, draws up particulars, puts an advert out in the paper (and hopefully, on the Internet) 3 weeks Repairs, enhancements and improvements to the home.
At least 2 weeks (could take longer) Viewings may begin... 5-7 weeks after initial meeting with agent Number of viewings seller needs before receiving a decent offer 10-15 Buyer is found, but needs to arrange a mortgage or sell his house first 5-6 weeks Legal documents have to be drawn up 2 weeks.
Finalization of transaction 1-2 weeks (if all goes like clockwork) This timetable depends, of course, on the efficiency of the real estate agent, on the genuine intentions of the buyer, and on the lending institution coming through, as well as the diligence of your and the buyer's solicitors. Yet we all know that things do fall in between the cracks.
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