Home Buying and Selling in 2016

When it comes to selling a house in today's market many sellers are in for a culture shock. Today's buyers are different than they were five years ago. Buyers are demanding. In this technology savvy world we live in buyers want to see homes when their schedule permits. It is no longer about the seller and creating the perfect ambiance for selling a home; today's buyers want convenience and they aren't about to wait for an open house to get what they want. Long gone are the days of baking cookies and creating the perfect, warm home introduction.

When you decide to sell your home the first step that you should make is to call in a trusted professional. Real estate agents help to eliminate the emotional aspect of the transaction. This greatly improves the chance of a quick sale. Below is a sample action plan that most realtors will use when working with you to sell your home.

One debate that exists is if a seller should buy a new home before they have sold theirs. Is it necessary to carry two mortgages? The answer is no. Sell your home before you buy a new one. A few scenarios' can play out all of which are better than paying two mortgages. Many buyers are willing to work with a seller if they need additional time in the home by renting it back to the seller for a few months while they find a new home. Another option that is common is a short term rental. The one thing you are looking to avoid is buying a home contingent on the sale of yours especially in a market where you are up against other bidders.

No longer are the good ole days of throwing a for sale sign in the yard and calling it a day. Homes don't get sold unless they are properly marketed. Buyers are looking for photos, videos, floor plans, staging ideas and more. They are looking at homes online and through social media. Long gone are the days of Sunday drive by's where buyers are deciding which homes to look at. If they don't see what they want to out of the online marketing campaign you and your realtor have set up then you won't have to worry about setting up a time for them to see the house in person.

Selling a home today requires buyers to have immediate access to have their questions answered immediately. Without a solid internet presence and marketing plan in place your home will sit stale on the market for months waiting for those far and few between drive-by buyers.

Lady of the Lakes Real Estate is Livingston County's premiere realtor; out of Pinckney, Michigan helping buyers buy and sellers sell homes that provide a recreational lifestyle including golf courses, lakes and the Huron river chain of lakes, throughout Brighton, Howell, Pinckney and the surrounding area. Find out more at http://www.ladyofthelakes.com.

This article was published on 30 Aug 2016 and has been viewed 328 times
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