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10 tips for Buyers & Sellers

Buyers and Sellers usually enter the real estate market in the springtime.  The warmer weather and long days encourage potential buyers to get out and begin browsing for homes that will suit their needs. Sellers are able to take advantage of the seasonal flowers and other landscaping to improve the curb appeal of their homes. If you are in the market to buy a home, or are thinking of selling your home, here are some tips to prepare you for that process.

 

5 Tips for Buyers

 

1) Get your credit in shape

If you plan to finance your home purchase, check your credit history, especially if you’re a first-time buyer. That way you can correct any errors, and take measures to boost your credit score. Order one free credit report a year from Annualcreditreport.com

 

2) Get pre-approved for a mortgage

Early in your search, meet with a mortgage lender who will take a look at your credit history, your savings, investment statements, and your current financial situation in order to give you a better picture of what you can afford and the financing options available.

 

3) Establish your budget

Whether you’re financing your purchase or paying cash, it helps to establish a budget. This will help you focus your search on great homes in your price range.

 

4) Make a list

Buying a home is a process of elimination, not a process of selection.  Make a list of your ideal home’s must haves and deal breakers. This will help you to narrow your search so that you can find a home that fits your current and future needs.

 

5) Think about resale

The average homeowner lives in their homes for nine years. While you may purchase your home as a long-term investment, keep in mind that you may need to sell it one day.  Consider the homes resale value when you’re looking at properties.

 

 

5 Tips for Sellers

 

1) Clear the clutter

Before you put your home on the market, clear the clutter that’s accumulated over the years. Tackle one room at a time, and divide your items into three piles: keep, donate, and toss.

 

2) Start packing

Although you don’t want to pack all of your belongings, it helps to start boxing up the items that you want to keep, but won’t use for a while, such as out of season clothing or sporting equipment.  Also, think about packing away sentimental and valuable items. Packing up your belongings will help potential buyers picture themselves living in your home and also prevent your valuables from damage.

 

3) Get familiar with the local market

Knowing how much the homes in your neighborhood listed and selling for, as well as how long they stayed on the market can help you gauge your home’s value and estimate a time frame for the sale.

 

4) Improve and repair

Boost your home’s curb appeal by doing minor repairs and improvements inside the home and out.  Tackle any necessary repairs, paint your walls a neutral color and replace light fixtures or appliances that are damaged or out of date.  And, don’t forget to clean – potential buyers can’t enjoy the views if the windows are too dirty to see through.

 

5) Be realistic

While it’s good to get a feel for the local market, be realistic about the selling process.  Having realistic expectations for your home sale will help to relieve some of the stress of selling.

 
Content provided by Buffini & Company © 2014. Used by Permission.

What is Rebate For Your Home?

Rebate for Your Home is a service that connects home buyers and sellers with a top licensed
full-service Realtor® from your area that offers a commission rebate. This assigned agent will
represent your best interest and advise you throughout the home buying/selling process. When
you close on a property, 20% of your agent’s commission fee will be refunded directly to you! By
working with a Realtor® that offers commission rebates, home buyers and home sellers can
save several thousand dollars from the sale or purchase of a home. For example, a 20%
commission rebate (based on a 3% commission rate*) on a $300,000 home can return $1,800
from the transaction to the consumer.
*Example commission only. Commission rates can vary from agent to agent.

When do I receive the rebate?

Within 2 weeks after closing, you will receive a check equal to 20% of the commission earned
by your agent.

Is there a difference between Rebate For Your Home cooperating agents and other Real Estate agents?

No. The top full-service Realtor® that we connect you with is a licensed and practicing real
estate agent in your area. The only difference is that these agents are willing to give a portion of
their commission back to you!

Is there minimum or maximum sale price?

No, this program is available to buyers and sellers at any price.

Are real estate rebates taxable?

No. Real estate rebates are not considered taxable income. A rebate is simply considered a
reduction in the cost of the home sale or purchase. You can read about the details according to
the IRS by reading this IRS service release. If you receive a real estate commission rebate, you
will not be issued a 1099.

What if I am already working with a real estate agent?

If you’ve already signed a listing agreement with another agent, you are probably too far along
to use our service. According to our industry’s legal guidelines, we can only match you with an
agent that can work with you through the full home buying or home selling process.

How do I sign up?

Click here or the link below to get started! Once you fill in and submit a short form, a qualified full-time rebate Real Estate Agent will be in touch shortly.

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