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Notice to Sellers

Don’t waste time negotiating or accepting an offer from a buyer who is not at least pre-qualified (learn about Pre-qualified vs. Pre-approved) by a mortgage professional.   If they have not been pre-qualified have them call your mortgage professional so that you can continue negotiating.
 
Nothing is more upsetting than taking time with a Sunday cruiser who was out looking for their dream house before they know what they can afford.  Almost everyone wants more house than they can afford.
 
Keep in mind that BUYERS want to obtain the LOWEST PRICE and BEST PRICE for themselves. 
 
It is recommended that you DO NOT DISCUSS the following types of information with any BUYERS or REAL ESTATE AGENTS that represent buyers.
 
1.      Reason for Selling.
 
2.      Motivation/urgency to sell.
 
3.      Willingness to consider an offer less than the listing price.
 
4.      Terms under which you would sell.
 
5.      Relocation, timing, benefits of relocation policies etc… if applicable.
 
6.      Items of personal property that you “might” be willing to include in a sale.
 
7.      Any confidential information that would serve to disclose your negotiating strategy.
 
Once you have successfully marketed your property and found a potential buyer,
don’t let the contract and transaction details kill the deal. 
(If the deal dies, you are back to square one, which wipes out the
previous success you have had marketing the property.)
 
Consider bringing in an unbiased real estate contract and transaction specialist to put it to rest.  If they are doing it reputably, they are only paid upon successful closing anyway and you no longer have to worry about the nuances of negotiating and managing the closing of a real estate transaction.  At this point, you will have saved over 80% of the typical 6% real estate commission.  Why risk this entire savings on contract negotiation and contract management?  These items can often be tricky to manage, particularly for those not accustomed to all the usual details and process of a real estate transaction. One credible source for this type of assistance is Capstone Residential, Inc. (Contract and Management Services) and there are other local options.


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