« Return to Blogs

Want to Sell Your House? Think Like Real Estate Agents Do!

real estate agents | real estate agent | property managerBecause real estate agents in Wellington see everything in the market, we have a pretty good idea about why some houses sell (and why others sit on the market for years). Whether as buyer or seller, anyone planning to enter Wellington’s real estate market this summer can benefit from some of the tactics and factors that Wellington real estate agents keep in mind when as they go about the business of making home sales happen:

When Speed Matters…

When the overriding goal is a quick sale, leading with a price slightly lower than what comparables suggest it is really worth is the surest tactic. When a home is priced at only a fraction below market value, real estate agents know it will draw much more attention than higher-priced neighbors. Most sellers have a built-in resistance to the very idea!—often because aren’t aware of how a home loses fair value as it sits on the market. Pricing a listing slightly lower right out of the gate can mean minimizing the likelihood of a lengthy DOM (Days On Market)—and the possibility of a disappointing final sale price.

Preapproval: It’s Not Final Approval

Most real estate agents in Wellington have seen this more than once: a buyer who is preapproved for a mortgage begins running up credit cards in preparation for the move into their new home. Because lenders often re-examine a homebuyer’s credit during the closing proceedings, the result can be a higher than originally quoted interest rate, or even an outright denial. IOW, it’s wise to continue to spend frugally until keys are in hand!

It’s a Long Process

Real estate agents know that selling a house takes a finite amount of time, beginning with preparation, through marketing, then paperwork, then finally, closing…and that’s not counting any unexpected turns-of-events that sometimes just happen. Whether you are buying or selling, it pays to be mentally and emotionally prepared to remain as flexible as possible with all the other ongoing events in your life until the transaction is a done deal.

If you’re considering buying or selling a home in Wellington this summer, there’s every reason to start preparing as early as possible. Contact me for an initial consultation—we can set up a timeline that will be the first step in keeping you well informed from start to finish!

 

 

 

 

       

 


Questions, Comments or For more information you can email Christian Penner at TheMortgageTeam@ChristianPenner.com or visit us online at www.ChristianPenner.com or you can call us directly at: 561-316-6800

ChristianPenner.com
http://www.christianpenner.com/want-to-sell-your-house-think-like-real-estate-agents-do/
Want to Sell Your House? Think Like Real Estate Agents Do!


Or You can click "Call Me" below to call Christian Penner directly using Google Voice


blackwhite#ChristianPenner, #MortgageBrokerWestPalmBeach talks about #RealEstateWestPalmBeach. He also serves other Local Areas and provides home #MortgageSolutionsforPalmBeachGardens, #Jupiter, #BocaRaton, #Wellington and #Tequesta. #ChristianPennerMortgageBrokerJupiter has the #lowestmortgagerates and the best #homemortgage programs like; #Jumboloans, #FHAHomeLoans, #VAHomeLoans, #ReverseMortgageHomeLoans, #FreddieMacHomeLoans, #FannieMaeHomeLoans and #HARPMortgageLoans. #ChristianPennerMortgageBrokerPalmBeachGardens has Served the area for over 15 years with his #HomeLoanLending Needs and Works with #FEMBIMortgageinJupiter. You Can Also Find Him On fb mortgageFacebook at: http://Facebook.com/YourMortgageBanker

- - -

Christian Penner
South Flagler Drive, Suite 800, West Tower West Palm Beach, FL 33401
Phone: (561) 316-6800

- - -
ChristianPenner.com
http://www.christianpenner.com/want-to-sell-your-house-think-like-real-estate-agents-do/
Want to Sell Your House? Think Like Real Estate Agents Do!