1.
Not
Preparing Your Home To Look Attractive To
Buyers.
Your home is
competing with more than 1,000 other
homes. Buyers
buy on emotion, not
logic.
The best marketing program in the
world can only bring lots of buyers
into your home, it can’t make them
like the home.
2.
Signing A
Long Term Listing Without A Written,
Specific Performance
Guarantee.
Don’t rely on verbal
promises. Make sure that you receive a
written promise stating that you can cancel
without charge if the performance is other
than what was promised.
3.
Not
First Obtaining A Qualified Bank Appraisal
And Commitment For Financing From A Home
Lender.
How would you feel
if your home sold for $156,500 and then you
find out from the bank appraiser that it
was worth $160,000? In
today’s real estate market, this happens
often! Your home
will have to be appraised by a state
licensed bank appraiser sooner or
later. Sooner
can result in several extra thousands of
dollars in your pocket.
Bonus: Buyers are
afraid of paying too much for a
house. That’s
why they often make low
offers.
A certified bank appraisal helps you
sell for full price because the buyer
can see that the price was
established by a professional third
party.
4.
Not
Obtaining Written Pre-Approval For A New
Home Loan For Your Next Home.
Nothing is more
heart-breaking than to sell your home and
find your new dream home, only to find that
you can’t obtain financing for the dream
home.
A pre-approval is a
formal, written promise by a home lender to
make you a new home loan. It costs
only $100, which will be applied to your
down payment when you get your new
home.
Do not confuse a
“pre-qualification” with a formal
pre-approval! Verbal
pre-qualifications are just that -
verbal. They are
not binding on the home
lender.
Many people have received verbal
pre-qualifications only to later be
denied a home loan.
Ryan S.
Bishop
509-868-5800
