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Buyer's Tips
Finding the Right Seller
The best seller
is one who is highly motivated. A highly
motivated seller is more likely to sell for
less than his or her house is worth. And it
matters that you find out why; learning the
reason why can help you get the price you
want and help the seller get what they want:
a timely sale.
When given the opportunity to meet with
sellers, ask them why they are selling. The
reasons could be anything from job change to
a new location to financial problems. If you
can solve their problem, whether it is cash
related or time related, do so. For example,
if the sellers are highly motivated because
they need to move quickly, give them a fast
sale - and a lower price. If you can make an
offer, even a low one, that gives them cash
in a short time, they are more likely to
accept.
There are also some sellers that you should
avoid. Not every seller is as genuinely
motivated as they make themselves to be.
Some possible hints:
*they stall on having the home appraised or
inspected
*is unable to clear up liens against their
property
*does not own 100% of their property
*they push back the move-out date
*does not have a replacement property or
back up plan
etc. etc. etc.
It is impossible to find the perfect seller.
But it is possible to find out which sellers
are legit, and which ones aren't.
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Tips
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