Just so we are clear, affordability and bargain are NOT synonymous. They do NOT mean the same thing. Confused? Most sellers are when they hear this for the first time. They can’t understand how a house selling at a bargain price is not necessarily affordable for buyers. Well, price isn’t the only factor dictating affordability.
Buyers typically see affordability as what it will cost to actually live in the home. It has more to do with financing than anything else. Let’s say you find a buyer. Even then, are you sure they can obtain financing? Can they really afford your home? These are questions you might not know the answer to. Luckily for sellers, there are steps you can take to ensure your home is as affordable as possible.
Many first-time home sellers are unaware that there are ways to make their home more affordable without tweaking the selling price. This is no surprise to experienced realtors. If you’re selling without a real estate agent, can you offer carry back financing on your purchase price? How EASY are you going to make it for your buyer to buy your home? There are many options, each of which has its pros and cons. The trick is finding the best option for YOU. If you’re not sure about your options or don’t understand them, consult with an experience real estate agent in your area. A good real estate agent can walk you through every option, explaining the potential impact on selling your home. This insight and advice from an experienced realtor, can be priceless when trying to sell a home.
The bottom line is that there is no generic formula that works for all homes. The fact is, there are so many options that it can seem overwhelming at times. A good real estate agent will help you evaluate the options efficiently and effectively.
An agent certified by AdvantageU Home Sellers Resource can identify your options and help you find the best one for your situation. www.advantageu.com
For now, please feel free to download a copy of the Ultimate Home Sellers Checklist. visit https://advantageu.com/ultimate-checklist/index