Choose The Right Buyer For Your House

by Ann Fotenakes 05/05/2019

Looking for the perfect buyer can be easy, but it can also be a difficult task. For home sellers who cannot part with their house without choosing carefully who gets it, it can be a little worrisome.

If you are looking for the right buyer for your house, you should look for the following characteristics:

First, you have to make a shortlist of the offers that you get. Your top priority should be the offer that the potential buyer makes. Make a shortlist of the best suggestions that you get. Vet the people, take the ideas that stand out, and choose the ones that may work around you and your budget.

The trick here is to set a worst-case price and discuss it with your real estate agent. This one allows you to set an asking price as well. You should aim to reject any offers that are lower than the figure that you agreed on. 

A common mistake that sellers do is to focus on the highest offers when the truth of the matter is that they should focus on the terms of the contract.

If you set a worst-case price and accept offers that go above that, you can choose the terms that come with every proposal. Eventually, you can select the right person.

Second, look at the possibility of the deal falling apart. Studies have shown that transactions with first time buyers, people looking for a second home, and cash buyers work and do not fall apart. When choosing a buyer, you should consider this possibility as there are costs associated with transactions that fell through.

Third, you should check your emotional response to a potential buyer. You should check out if you like a potential buyer. Trust your gut. A person's emotional response matters because you are giving away your house to strangers.

Finally, you want a buyer who would move in close to your moving date. It could be a little burdensome for you to change the time of your moving day because your buyer’s moving day is before yours. Talk about this detail and make sure that you clarify everything with your real estate professional.

Now that you know how to choose the right buyer for your house, it is important to decide based on what you prioritize. Contact your preferred real estate professional so you can get better advice on how to select the right buyer and give them a piece of your history.

About the Author
Author

Ann Fotenakes

Personal experience and education have made me a great relocation specialist as well.

I understand what is important and necessary to make your move as stress-free and timely as possible. I am active in my community and can provide information not only on our housing market, but on schools, youth athletics and community activities.

PERSONAL
I have been a Flushing resident for over 25 years, and I have made it my job to find homes here for others as well as helping people who wish to sell homes in the area.

I graduated from Mid Michigan with a L.P.N. degree.

As a full-time real estate professional since 1979 I have helped many clients with the sale and purchase of their homes.

Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional who understands the market and is positioned to stay ahead of the game. With knowledge, experience and a commitment to excellence, I will help you stay ahead of the game.

CERTIFICATIONS:

Broker/Owner
ABR - Accredited Buyer's Representative
Member of Flint Area Association of Realtors (FAAR)
Member of the Flint Chamber of Commerce
Sales and Marketing
L.P.N.