May 10 2018
Every seller wants to sell their property – otherwise they wouldn't be listing. But sometimes sellers get a bit carried away. And smart real estate buyer's agents know the signs: The signs sellers need to get out of Dodge. With the right foresight, you and your clients can snag a sale fast – and at a great price.
Common signs include multiple price reductions, asking price below market value, and 'cash only' transactions.
Multigenerational family situations, from beds in the family room or den bearing in-laws, to a crib crammed into the corner of the closet of a parent's bedroom, are bright, flashing neon signs sellers need to move – and yesterday.
Noting problem areas, such as the need for a new roof or past flooding issues, without batting an eye. Sellers don't usually disclose such information, in hopes of eking out every last dollar from the sale of their home. But desperate sellers will, in hopes of preventing any last-minute sales snafus that could have them waiting ever longer for another buyer to come along who is capable of catering to such issues.
Real estate buyers agents should know right away that if the home is vacant, it's game-on. The seller cannot cover two mortgages over an extended period of time without their finances taking a serious hit.
Heirs to an estate are often anxious to sell the home of the original owner, and are often more willing to move on price in efforts to liquidate assets and move on.
To view the original article, visit the Properties Online blog.