Posts with tag 'For the Seller'

Buying and selling real estate often involves walking a tightrope of good timing. Can you sell your current home in time to avoid double mortgage payments? Will you have enough money for a down payment when your landlord is ready to sell?

Contingent offers and first right of refusal are tools designed to help level the playing field, but they have different implications. Our real estate agents demystify contingent offers and how they can affect your negotiations on Brighton homes for sale.

What Is a Contingent Offer?

"Contingent" refers to a condition fulfilled only upon the occurrence of another condition. In real estate, contingent offers attach a specific condition or conditions required before the sale is finalized. Typical contingencies include passing inspection, loan approval, and sale of the buyer's home. These often involve first right of refusal.

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You know your home's perks and issues better than anyone. Buyers want to know about any known issues so they can factor repair costs into their offer. Know what you need to disclose during the sale process. Our real estate agents are here to help you with every step of selling a home, including our guide to what sellers need to know about disclosure.

Why Disclosure Is Required in Real Estate Sales

Let's say you're shopping for Livingston homes for sale. Wouldn't you want to learn everything about the potential investment? As a seller, you have a responsibility to disclose certain known issues to buyers. Not only is disclosure the right thing to do, but it's required by law. Exact disclosure laws vary by state, but most require known, significant issues with the home to be disclosed.

Failing to disclose issues with the home can lead to a canceled sale, or potential fraud litigation if the buyer discovers issues that should have been disclosed after closing. By disclosing issues truthfully, you can avoid these potential snags.

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No matter how many people attend showings or open houses of Brighton homes for sale, the only ones that matter are the ones who make an offer. Is a lack of solid offers making you nervous? Here are some common reasons why your home may not be selling.

1. Unrealistic Expectations
   Sometimes people hear the term "seller's market" and sit back waiting for offers to pour in. No matter how advantageous current market conditions are, put forth the effort to display your home most appealingly. 
   
   
2. Narrow Perspective
   Sellers often come up with an asking price by simply pulling data and settling on the average amounts. This method fails to incorporate market fluctuations, trends, and other intangibles. Do some research into the factors that are consistently generating solid offers.

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Being able to move into your new place before selling your old house may seem like a big advantage. But while it might make the process easier for your family, selling a vacant house often comes with some unique challenges. Empty houses tend to take longer to sell and go for a lower price than occupied Brighton homes for sale. Our REALTORS® have compiled these six tips that will help you sell your vacant home.

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A lot of people think of spring and summer as the prime selling season for real estate.  While these seasons are a great time to sell, fall can be an even better time to add your home to the list of Brighton homes for sale. During the fall, the weather cools, summer vacations are over, and the kids are back in school, creating a much more relaxed atmosphere for all. Our REALTORS® are passionate about helping clients sell their homes.  Here are five reasons to consider listing your home for sale this fall: 

1. Demand is High
   Market conditions are in your favor as a seller. According to the National Association of Realtors (NAR), buyer traffic is high amid healthy job growth, driving home buying demand. Meanwhile, inventory – (homes listed for sale) – remains low. That means that demand is outpacing supply, which is good for home sellers, increasing the odds that their homes will sell quickly and at their listing prices.
   
   

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