Further, we’ll take a look at some common mistakes sellers make, as well as the negotiation process for sellers. The rest of this chapter will deal with setting the right price for your home, and then we’ll move on to some of the most common mistakes that sellers — including sellers in your situation and life stage — make, and how to avoid them. Should We Get a Home Inspection? I highly recommend you get a home inspection of your home before you start to market your home. Why? This way you will find out exactly what you have to do before you get into a contract. Some of the biggest issues that come up is after the buyer gets their home inspection. Be ahead of the process. What is the Selling Process? The selling process can be divided into five phases and the home inspection is one of the five.
1. The Offer or Contact Phase. 2. The Appraisal Phase. 3. The Escrow Phase. 4. The Home Inspection Phase. 5. The Closing Phase.
1. The Offer or Contract Phase In this phase, having an agent who is a good negotiator on your side is imperative. If your agent is a Certified Negotiator this is a big plus for your side. A Certified Negotiator has the education and experience to get you the most money if you are selling or the best price if you are purchasing a home. 2. The Appraisal Phase This can be the most stressful phase because this phase will determine if you got the price you wanted for your home if you are the seller. If you are purchasing a home this phase will
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