Murfreesboro Realtor explains, How Can I sell this House. In Middle Tennessee for Buyers & Sellers

May 30, 2010 - PRLog -- How Can I sell this House in This Market?

mbororealestate.com  

Home of the no risk contracts. When you let us help you buy your new home we will allow you to cancel the contract at anytime. The number one reason buyers who are thinking of moving into a new area are hesitant to sign up with Real Estate Agent is they are afraid of the long term contract that locks them in to that agent for months. Now we’ve removed that problem. We will allow you to cancel the contract at anytime. If we are not living up to what you expect from a realtor or if for some reason you change your mind we will cancel the contract that day. Are you thinking about selling your home but you’re worried about selling in the slumping housing market? Meanwhile, the supply of unsold single-family homes has risen to the highest level in 23 years. Given this environment, what is a homeowner to do?
There are measures you can take to improve your chances of success. Here are some tips on how to sell your home in a difficult market:
Price your home right the first time. To low and it will sell fast but you lost $$$. To high and you have to lower it and make people wonder “what’s wrong with this house?  
Make it look like you want to sell it. Go thought it and look at everything with a critical eye.
Pick the right broker. Look for local agents who are listing, marketing and selling in your community even if the market is slow. Ask several of them to make a "listing presentation" to discuss your home's value, justify their numbers and explain how they would market your property. Once you decide on a broker, you have three types of listing options. In an open listing, you reserve the right to sell the home yourself and not pay a commission, but you also allow one or more brokers to offer the property. With an exclusive-agency listing, you have one broker but reserve the right to sell the property yourself. An exclusive-right-to-sell listing gives only one broker the right to represent you during the listing term and guarantees the broker a commission. Most Multiple Listing Services will post exclusive-agency and exclusive-right-to-sell listings.
Understand the real marketplace. To negotiate effectively, you need to know up-to-the-minute sale prices -- not just what your neighbor's house sold for last year -- and the deal-making behind them. For example, two homes may each have sold for $400,000, but if one owner gave a 3% credit for deck repair and a new furnace, that's a $12,000 reduction. Your agent should be knowledgeable about the details of sales in your area and be nimble enough to revise the marketing plan for your home to reflect changing conditions.
Sweeten the deal. Sellers are reportedly offering some unusual sales incentives -- plasma TVs, cars, boat slips, vacations and golf carts -- but cash may still be king. For example, some sellers have agreed to pay condo maintenance fees for the buyer. Other ideas include covering moving expenses or a month's mortgage payment.
Be flexible on the deposit. To "bind" a deal, the buyer should put down a deposit (separate from the down payment), which varies widely depending on the local market. You'd like the biggest deposit you can get, but in a slow market you may have to settle for less.
Monitor and update your listing. If it's April, you don't want the photo of your house on the Multiple Listing Service displaying a snowman on the lawn. An out-of-season picture is a dead giveaway that your home has been on the market for awhile. And with many buyers doing their first "look-see" on the Internet, the quality of the photos is paramount too.

If you ever have any questions or need help with any real estate needs or know someone who does please feel free to call or email me anytime. I would love to have the opportunity to be your neighbor and realtor.

I never force a seller to continue to use me as their agent if they are not comfortable with my style or methods. I will allow you to cancel our contract at anytime you are not happy with me or you just change your mind.

Please feel free to call or email me anytime.
Mike O'Donnell
615-473-5684
Tema@comcast.net
mbororealestate.com

Home of the no risk listings. The number one reason home owners who are thinking of selling are hesitant to sign up with Real Estate Agent is they are afraid of the long term contract. Now we’ve removed that problem. When you let us help you sell your house we will allow you to cancel the contract at anytime. If we are not living up to what you expect from a realtor or if for some reason you change your mind we will cancel the contract that day. Now that’s peace of mind.

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As a FULL TIME realtor in Murfreesboro TN, I can and will devote whatever time is needed to help you meet your real estate needs.
I treat each client with respect and dignity whether the property you are interested in is worth $5000 or $5,000,000.