As a homebuyer, you may have found the perfect new house for your growing family, but what if it is a little out of your price range? You might list your current home for more than it is worth and be lucky enough to find a qualified buyer who is willing to pay the price, but it is impossible to know in advance what your home will sell for.
If you want to sell your home quickly, have a frank and detailed conversation with your real estate agent to determine the best price for the house. Setting your price within 5% of the fair market value of your home greatly increases your chances of getting solid offers that will result in a relatively quick sale.
Don't buy and sell so close to your target amount that you become anxious when the numbers don't meet your expectations. There may be other approaches, such as adjustable rate mortgages or owner financing, to increase your buying power and get you into that new home. When you are selling one home and buying another, you will need more than good luck. You will need a highly professional and experienced real estate agent who can give you solid advice on how to make the transaction work for your particular requirements.
The Sue Martin Team Coldwell Banker Gundaker 516 Old Smizer Mill Road Fenton, MO 63026 Cell: 636-795-3400 Office: 636-717-6000 Fax: 636-326-1000 Sue@SueMartinTeam.com
Sue Martin and her Home Selling Team is the Fenton area's #1 full-service Realtor whose business success is based on a results-oriented team approach. This dedication to service has resulted in The Sue Martin Team being ranked by St. Louis Business Journal and St. Louis Magazine as one of Metro St. Louis' top Realtors. Sue and her team of professional agents are focused on providing quality services to facilitate home buyers and sellers in achieving their real estate goals through exceptional customer service, track record and experience, and results-based systems. Referrals and recommendations from past clients and customers are a testimony to the team’s commitment, high performance standards and results.
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