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Posts tagged buy owner resources

The Mistake You Can’t Afford to Make

Nov26
2007
3 Comments Written by Shanna

moneyAsk yourself how much your home is worth, and you may tend to see things in terms of personal history.

Especially if you’ve lived there for a while, it will be hard to look at things objectively. There’s the garden you planted, the hardwood flooring you hand-installed, and the years of memories that no one can put a price tag on.

But, the truth is, when it comes to pricing your home, you have to look at this objectively. Sure, there’s a buyer out there who will love your home as much as you do, but not if you scare him or her away before seeing it.

The mistake of overpricing could mean:

*Prolonged time on the market.
*Few calls or showings, if any.
*Discouragement as you wait for a buyer.
*Ultimately: money, time, and energy lost.

Let’s look at the facts.

What is your home really worth? Whatever a buyer is willing to pay for it.

In addition to the info here, you will want to keep these extra tips in mind:

  1. Coming up with a price is really an educated guess.
  2. A comparison of similar homes; a consideration of the average time on the market; a recognition of the percentage below/above asking price homes are selling for; a recognition of homes currently for sale; and an awareness of market trends and movements all come into play. This research leads to a price range that should appeal to buyers. It is just a range though, a guess based on other properties and on the market. Stay flexible.

  3. Homes sell for what buyers will pay.
  4. Competition affects your home’s selling price. If you list your home and receive dozens of offers immediately, you’re probably underpriced compared to the others on the market. A bidding war will only benefit you, though, as it will drive up your property’s market value.

  5. Stubborn overpricing benefits no one.
  6. You’ll keep a home you want to sell, the buyers won’t get the home they want to purchase and no one wins. The financial losses involved with mortgage payments, the burden of keeping your home showcase-worthy and the stress of wanting to sell will discourage you.

Don’t let it happen by refusing to see the conditions around you. Price competitively!

Posted in Selling Tips, Tips and Ideas - Tagged buy owner selling tips, pricing your home, selling mistake, selling your home, why not selling
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Two Ways to Sell When Out-of-Town

Nov21
2007
1 Comment Written by Carrie

Showing your home is convenient when you’re still living there or somewhere nearby. However, if you plan on taking a small vacation, or if you are purchasing a home out of state, and need to travel to finalize the moving process, how do you show your home while you are out of town? Consider these options:

1. The Buy Owner Website

Before you leave, make sure that you are happy with your Buy Owner ad. Does it highlight the most important aspects of your property? Your neighborhood? Another thing to keep in mind is that Buy Owner offers ad packages that include virtual tours and a certain amount of photos. With these packages, potential buyers can feel like they’re inside your home, even without visiting it.

2. Enlist a Friend

It is crucial to have a plan in place for showings in person. For a brief guide on how to get ready for a showing, take a look at this recent post: Preparing for a Showing. When you’re out of town, especially if it’s for an extended period of time, consider finding a close friend or a relative who’d be willing to do it for you. Who better than someone who has visited (or lived in) your home and knows it as well as you do? Just be sure to leave your contact information in case questions should arise from potential buyers. This way, you will still be able to manage your showings without having to be there in person.

Alternative Solution: Put it on Hold

Not interested in dealing with potential buyers while you’re away? No problem! Through your Buy Owner Seller Tools, you can mark you property on hold until you get back. For more information, contact Buy Owner’s customer service department.

Posted in Selling Tips, Tips and Ideas - Tagged buy owner selling, buy owner selling tips, out-of-town showings, selling your home, selling your home buy owner
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Get the Best Guaranteed Rate!

Nov16
2007
Leave a Comment Written by Blog Master

Buy Owner is proud to have teamed up with Guaranteed Rate to get you the best possible mortgage and the best possible service.

To learn more about different types of mortgages, from 30-year fixed to interest-only loans, visit the Buy Owner website and click the Mortgage tab at top.

Compare rates from different companies and see what GuaranteedRate.com can do for you! Getting the best rate could save you thousands of dollars over the life of your loan!

Posted in General Information, New Features - Tagged best mortgage rate, buy owner benefits, buy owner features
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Founded in 1984, BuyOwner.com® is the leading provider of real estate marketing services. We pioneered the "For Sale by Owner" (FSBO) market, which today represents over 20 percent of all residential real estate transactions.

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