SELLERS:
With interest rates at a 10-month high, consider offering buyers an incentive - buy down their mortgage rate and they'll be happy as a clam! If you're using a realtor, ask them for to contact a trusted mortgage lender and get a quote for several different buydown options. If your braving this depreciatin market alone, then contact a trusted mortgage lender (if you have one) and ask for buydown quotes. Remember, realtors have tried-and-true referral lists for just these types of things...
It's a terrific way to get an edge in a market saturated with competition. However, it will not substitute for ENERGY-PRICING, i.e. pricing your home to sell and not just being an "MLS super-star".
best of luck...Rich C
About Me
- Rich Cornelius
- Born in New York, I retired to the Tampa Bay area at the ripe old age of 18 months, and have been a resident ever since. I attended Embry-Riddle Aeronautical University, received my Bachelors Degree in Aeronautical Science and became an airline pilot with a major carrier. After 5 years in professional aviation, I joined Sand Key Realty, Sales & Rentals. While at Sand Key Realty, I successfully sold more than $10M in residential real estate, including one of the highest sales on record on Clearwater Beach. In June of '07, I joined Coldwell Banker Residential Real Estate in Clearwater so I could better serve family, friends and clients alike and meet all of their real estate needs. In real estate, as in aviation, I do it right the first time because of the trust and responsibility placed in me by my clients. Simply put, it’s all about the details.
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