Monday, August 18, 2014

What Can I Expect To Happen When I List My Home

Here are some of the things you can expect to happen when you list your house. The buyer will negotiate 2-5 times during the transaction. First will be on the price. Then they may want some of the personal property not included in the listing, such as the patio furniture. Then after the inspection if there are issues with the home inspection. Then if the appraisal come back & it's less than the purchase price, they will usually want to negotiate. Then after they do the walk through if they find something that needs to be fixed or repaired. Agents will make or cancel appointments at the last minute. Agents will make appointments then be late or never show up without calling you. Or they will call 3 minutes before or 20 minutes after the appointment to cancel. Agents will call to ask if they can show your house & you'll ask when? They'll say well we are in the area & are out front right now. Some agents might knock on your door or drive by & see you in the yard & ask if they can see your house(call your agent if this happens). There will be last minute calls for appointments. Some of the showings will last for 5 minutes, others will last for over an hour. You will get low ball offers, these usually come right after you've listed the house. The buyer's home inspector will find thing that need to be fixed. The appraisal may come in for less than the price the buyers offered for your house. Then the buyer might lose or even worse, quit their job during the mortgage process. These are some of the things that could happen, but remember it could also go like this. The first person that makes an appointment is on time, makes an offer for list price, 1 hour after looking at your house. Then you close in 30 days or less, with all things going off without a hitch.

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