How to Sell Your Home Without Expensive Expenses
Real estate agents will tell you that it’s best to sell your home without too much fuss and with the knowledge that you will receive a cash payment for it once you move in.
You’ll have more money to spend on other purchases, too, which is good news for all concerned.
So, how to do it?
Here are six things to keep in mind: 1.
Don’t make any promises to your agent.
Agents are professionals and will tell their clients to take what they need from the market, but they should always be careful with the terms of any contract they sign.
“Don’t make a contract of any kind that promises you money if you leave the house,” says Peter Gagnon, a real estate agent in Salt Lake City, Utah.
Understand your agent’s role.
You should have a clear understanding of your agent and his or her duties.
“I would say you should know the agent in advance,” Gagnons advice.
Consider all the options.
Before signing a contract with your agent, make sure you have the option of paying less.
“Make sure you understand how much you’ll receive from the sale of the house and that you get all the perks of that,” Gannon advises.
“If you get $1,000 or $1 million, that’s not good,” he adds.
Consider your credit score.
If you’re interested in buying your home, you should have your credit rating in order, too.
If it’s a good credit score, you’ll be better off buying with the agent.
Keep your eyes open.
Your agent may want to contact you to make an offer on the house you’re considering.
He or she should also contact you before making an offer.
“You should make sure that you’re not a pawn,” says Gagn.
Consider a “buyer beware” clause. “
Consider a “buyer beware” clause.
“The person who has responsibility for any issues that arise is your landlord. “
When you sign the contract, you give your agent a legal obligation to protect you and your property,” Garant says.
“The person who has responsibility for any issues that arise is your landlord.
So be careful.
There’s a lot of responsibility that goes with this.”
Find out more about buying and selling in real estate.