Wednesday, 22 February 2012

4 Mistakes commited in real estate market

The Four main mistakes done by both seller and buyer in the real estate market are

Setting Too High Sales Price

you must not increase your sales price too high in the real estate market.Compare your prices with your neighbour who have sold their homes.At the same time you must not set your property price too low because the buyer may think their is something wrong in it.So do a research and fix a correct price to your property.

Buying property Without a Professional Inspection

There are many things,that a home inspection can reveal about a property which are not visible to your naked eye. Hire someone who comes with a good referral basis, who's been in the business for long period and knows what to look for. Once you find an inspector, insist that they compile a written report, with complete photos.

Selecting the Wrong Agent

Don't pick up any wrong agents without taking any interview with them.Talk to your friends who've sold their houses and ask about their experiences with their particular agent, and observe how the agent interacts with other people. It's a good idea to meet the agent in their office itself as you could see how organized he or she is,in which kind of environment they work in.

Losing Money With Auctions

Be sure with your budget in time of bidding. Don't cross your final price as it could get wrapped up in the excitement of a bidding war.

No comments:

Post a Comment