Have you found that beautiful new home of your dreams, but need to get out from under your current mortgage to move on? If so, then you've probably discovered first-hand that it's going to take a little more than it used to in order to find the right buyer for your home. Which is why it's important to remember Consumer Reports' five basic tips to selling in the current market...
1- Pick the right broker...look for agents who are listing, marketing and selling in your community.
2- Understand the real marketplace...be aware of up-to-the-minute sale prices, not just what your neighbor's home sold for last year.
3- Sweeten the deal...many sellers these days are offering appealing incentives to buyers.
4- Be flexible on the deposit...of course you'd like the biggest deposit you can get from a buyer, but realize that a large number may not be reasonable in the current market.
5- Monitor and update your listing...an obviously out-of-date picture (there's snow on the ground, but it's June...) tells the potential buyer than your home has been on the market for a while. Keep the photos up to date and of the highest possible quality.
Hang in there, and you'll be moving into that gorgeous new home before you know it!
Rochelle Vayo
