Real Estate Tips
MARKETING YOUR PROPERTY EFFECTIVELY
Your Varela Real Estate Broker is knowledgable about Santa Fe Real Estate prices and market and through a specific plan will
PREPARING YOUR PROPERTY FOR SALE
You only get one chance to make a positive first impression!
Go across the street and compare your home's "curb appeal," with your neighbors. How does it compare?
• Freshen any worn or soiled walls and woodwork with neutral-toned paint or wood polish. Replace dated colors like 70's Orange. Paint over kid's murals or wild colors as most potential buyer's taste will not match your own.
SELECTING THE RIGHT ASSOCIATE BROKER
Most good brokers will do many of the same things in the marketing of your home (placing in the MLS, advertising, putting up signs, etc.). What makes a particular broker a better choice over another often comes down to personality and communication. Whether you feel comfortable and confident that your broker will do what they promise to do is a large factor.
Your broker should communicate with you regularly regarding feedback received from prospective buyers on your house during the marketing phase as well as keep in close contact during the contract period.
Make sure you share any concerns you might have about selling your home with a prospective broker so they will be able to address them.
Varela Real Estate, Inc has 3 generations and over 70 years of experience. So you know when you choose a Varela broker, you are also getting the extensive experience, knowledge and solid reputation of the entire Varela staff and family.
UNDERSTAND THE HOME INSPECTION PROCESS
Get at least the basic inspections!
There are many types of inspections in New Mexico Real Estate. It is important that you get a complete home inspection. Choose a home inspector that you think will do a thorough inspection. If your inspector finds any evidence of a problem, he will recommend another inspection for a specific area, ie. roof, or plumbing, etc. If problems are found, have no fear, they are usually easy to cure.
Home inspections are good, but they don’t cover everything. Don’t assume that the home inspection means that you won’t have any problems after moving into the home.
Be reasonable if you have to negotiate repairs!
Try to set up a solid repair budget in your offer on the home. This will help to prevent problems later in the deal. Ask your broker about negotiating repairs for the home you are buying. It will likely depend on market conditions and be different from one home to the other.
That’s right, the Buyer and Seller actually have deadlines in the standard New Mexico Real Estate forms. If you don’t meet deadlines, you might be giving the Seller an excuse to leave one of their obligations unfulfilled or to cancel the contract without penalty. You might also lose your earnest money as a result of missing a deadline. Make sure that you and your Realtor are on top of the process. The dates in the contract are real and must be met.
UNDERSTAND WHERE BUYERS COME FROM
Real Estate Brokers control the market and the majority of homes are sold from broker to broker contact.....
PRICING YOUR HOME TO SELL
Pricing your property properly right away will ensure the greatest number of potential buyers will see your home. “Testing the market” at a higher price will result in few buyers coming to your property....
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