Sellers Secret: Being Easy Gets You What You Want

You’re done, you’ve had enough, and you want to move out of your existing home. Welcome to the club say the other millions of people in the exact same position as you. They may also want to leave their homes, but that’s where the similarities should stop between you. It’s vital to your success that you don’t settle and never have a mindset of taking whatever you’re given when it comes to the price of your home. It’s a bizarre truth, but many homeowners just get sick and tired of waiting for the home to be sold that they compromise their entire position and take lower bids than their asking price. It’s easy to blame your real estate agent when things go wrong, but you are the only one with the real power when it comes to selling your home. No one can force you to do anything you don’t want to do. This doesn’t mean you can now be a hard case and demand certain things. In fact quite the contrary, you should be quietly confident by being easy because that’s how you get what you really want.

Don’t bite the bait

Putting your home out on the market means you’re now engaging the many different buyers at once. As your home will be valued before being listed, it’s important to remain calm as you get your initial bids coming in. Potential buyers will always hit you with a lower bid than your asking price. Rather than reject people who are obviously playing hardball, if you play your cards right, you can pit them against each other. Have an open house day on the weekend where everyone who is interested can come in and view the home on their own. Be present on the day to engage in communication with the bidders. Start a bidding war between the potential buyers right there on the spot. You’ll start to get offers from those who have come to view the home. As you’re talking to them, you can let them know that a party right behind them has put in a higher bid. By not biting the bait and rejecting a low bid, in the beginning, you have now pitted the interested parties against each other, and you come out the winner by getting a higher price.

Sell with speed

If you don’t feel as if you’re getting any good bids on the open market, perhaps you could try the private professional buyers market instead. If you click here, you can see how it all works. Flying Homes have a network of professional home buyers that would rather buy quickly and don’t mind paying a very attractive price for your home. These professionals may be property developers, corporations that wish to increase their inventory, private buyers looking to grasp the home on someone else’s behalf such as a wealthy client, etc. normally on the market real estate agents can get you around 70% of your home’s true value. This is pitiful if we’re honest because you’re losing tens of thousands of pounds. However because professional buyers have the resources and little time, they are willing to pay around 95% of your home’s real market value.

Play it cool and easy, and you can get what you want for selling your home. It’s important to not get into a panic state when no one is interested in your home initially. Don’t lower your standards for anyone.

I Wish I Knew That Before Buying My First House in My 20’s…

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A lot of people today worry about when they are going to be able to buy their first property. The UK housing market is something that has received a lot of attention lately, with mortgages seemingly more difficult to attain than ever before. With that in mind, if you are lucky enough to be purchasing a house in your 20’s or you are thinking of doing so, read on to discover some of the important things you need to know first:

  • Don’t let your emotions choose your first home – A lot of people make the mistake of letting their emotions take over, rather than choosing a home that matches their lifestyle needs.
  • There is no rush – For some reason, there seems to be this almighty rush to buy a house. There is no time limit. There is no right or wrong time to buy a house. If you think you’d be able to purchase a house more comfortably within the next year or two, wait.
  • You can shop around for your mortgage lender – Many first-time buyers simply go for the first mortgage offer they are made. However, there are many different finance options available, and companies like Belgravia Property Finance explain them in full. Remember, it is all about finding the best deal for you – something that you can comfortably afford to repay.
  • It will feel like it is never going to happen – Buying a property is a long journey. Firstly, you will probably go through endless property searches until you find the right one for you. Once you have found a house you love, this is only the beginning. You may get outbid, or even if your offer is accepted, the process after this can be a long one. It can feel like it is never going to happen, so be patient.
  • You will feel like you are broke – You are going to have heaps of money going out your account. Not only do you need to put the deposit down, but also you will need to pay legal fees, as well as fund the removal process, property inspections, and such like. When all of this comes out of your account, it can feel like you’re poor!
  • Choose a comfortable number and stick with it – You need to determine your comfortable figure, and make sure you stick with it, no matter how much you fall in love with a specific property. Getting caught in a bidding war can be a nightmare. Not only will overbidding cost you more money, but also you may find that you have to contribute more money to the property upfront from your own pocket. This is because banks demand an appraisal of all properties, and you may need to pay the difference if both figures do not align.

Get pre-approved first – Last but not least, get pre-approved for a mortgage before you start the process. You don’t want to fall in love with a property when you are not in a position to put a serious offer in.