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The Good Agent Guide

Preparing for selling real estate.

1. Presentation is everything when selling.

When preparing real estate for sale presentation is your number 1 concern.

Start with first impressions and that means how does your property look from the street.

Give it a test go for a walk around the block and then come back to your place and say how do we compare with presentation compared with our neighbors.

You need any potential buyers to be sufficiently impressed from the street to stop the car and get out and take a closer look; remember many buyers will be busily checking out up to a dozen different properties in one day.

You have to impress them enough from the street so that they will seriously consider your property and hopefully arrange an inspection.

2. Romancing the buyers.

Consider your real estate as trying to romance a buyer or trying to find someone to love it.

So just as if you were trying to romance a potential new partner you make your self look your best so any real estate you want to sell has to look its best.

Rightly or wrongly first impressions count, and in the world of impressing potential real estate buyers this is very true again it is about getting the buyers to seriously consider your property and hopefully arrange an inspection.

You are presenting your property to find someone to love it enough to buy it just like you did when you bought it so spruce it up.

3. But do not confuse improvements with presentation.

This doesn't cost virtually anything apart from the time to organize it and a bit of elbow grease scrubbing and cleaning.

The reaction from buyers because a home is clean and even polished is and always will be overwhelmingly positive.

You don't need to spend a fortune on house improvements that your potential buyer may or may not want, but spend your energy on making the house look good, start scrubbing, then stand back with pride and look at what the buyers will see when they arrive.

4. Remove clutter.

Inside your house remove clutter particularly from hallways and access ways, bedrooms and living areas.

Put your "excessive stuff" into storage or at least out of the way in the shed or garage.

Try and view your property as if you were a potential buyer and remove the sort of things that would hinder you from moving freely about the place.

It's the little things that count here but excellent presentation really can make a huge difference in how your property is accepted by the buyers.

By removing clutter more buyers will feel comfortable in your home and there is a better chance they will be able to picture how their possessions would look in your property.

If they are doing this it is a good chance they might consider the next phase of seriously considering buying your property

4. Final advice on preparation.

Before going on the market; invite a friend over who will be honest with you and ask them their opinion on how your property is presented.

Going to the extra trouble in this area really will make your property more attractive and will put you ahead of the game in trying to attract a buyer.

If the buyer loves your property your chances of getting a higher price will soar. Make the effort and present your property this way if the buyer loves your property you are on your way to getting a better sale price.

Buying real estate result no.4.- Your investment gets more valuable

Home ownership is usually a safe way of investing money over a long period, and, depending on location and other factors, the value of the asset is likely to appreciate over time.

Buying real estate result no.5. - Its yours to improve.

When you own your own home, you no longer face problems associated with renting , no visits from the landlord, no need to renew a lease every 12 months or so and no need to ask permission when you want to make improvements.

You can have a working bee and get some decorating and landscaping done at your property and add value at the same time.

Buying real estate result no.6. - Can help to make your retirement easier.

Many people understand that owning their own home will make things easier when they retire, mainly because even though your level of income may change if you own your own home you have the security of knowing your accomodation situation should not have to change.

Buying real estate result no.7. - Its a great investment.

Buying your own home or piece of real estate is not only one of the largest purchases you're likely to make, it can also be one of the best long-term investments, so it's important you get it right.

This means doing your homework and making sure that the property you are buying is the right one in terms of price, location, value, size and lifestyle.

Step 1 Buying real estate. Searching for property.

There are also a number of other ways to search for potential properties:

1. Drive the neighborhoodsand areas you like looking for "for sale signs"

2. Real estate agents web sites and property advertising portals ;

3. Real estate agent offices window displays and in house magazines ;

4. Real estate newspaper and magazines advertisements;

Ultimately the best way to get a feel for the market when looking at real estate is to start popping into open home inspections in the area you are interested in. This is also a great way to meet local real estate agents.

Spread the word amongst friends, there is a good chance a friend may see something you may have missed which may be the very thing you're looking for.

Step 2 Buying real estate. Arranging inspections.

Inspections should be made at the advertised times or by appointment with the real estate agent.

You need to look at the location and style of the property in relation to your requirements: the size of the property, proximity to the lifestyle features you are after should be considered. Once you have found a property that suits you, it is wise to check it out during the week as well as on the weekend, as a peaceful environment one day might be quite different at other times.

You should have a property checked out by a builder inspector or architect to assess whether there are any defects that might affect your decision to buy. This is particularly relevant if large-scale renovation or extensions are planned.

Step 3 Buying real estate. Ready to make an offer.

Missing out on a property that you have your heart set on can be a very disappointing experience, but understand it is not uncommon particularly if it is your first home purchase; this often happens because the offer process is misunderstood. When making an offer to purchase a property, it is important to be aware of the following :

Start with end result in mind. Ask yourself "what do I want" and if appropriate "analyze the needs of the seller.

Put in a good offer for your first offer. A lot of buyers want to play the negotiating game and that is okay, but don't let your offer be too low as you can almost offend the property owners and the chances of them returning to the negotiating table with you are lessened if your first offer is too low.

The property remains on the market while the vendor considers all offers. Just because your offer is the first one submitted, does not necessarily mean that it will be accepted.

An offer is not legally binding on both parties until the buyer and seller have signed a contract, and the contracts have been exchanged.

A Contract must contain details of the property, the price, deposit and settlement terms. Once the offer is made in writing, it is then up to the vendor whether or not to accept it or whether to give other parties the opportunity to increase their original offers.

The agent is not obliged to give you another opportunity to increase your offer. The vendor is under no obligation until they accept the buyer's offer by counter-signing the contract.

We wish you well with your buying real estate experience if you have any comments you can contact us.