Friday, March 2, 2007

Seller Incentives Promote Quicker Sales

Crossroads is celebrating its 40th year in real estate in Ocean County and has weathered the trials of the cyclical nature of the real estate market. Now, when we are experiencing a slowing trend in home sales, you can rely on Crossroads agents to put our past experience to work for you. With inventory at a 9 month supply, buyers have a large selection of homes to choose from in any price category, and the urgency of the seller to relocate initiates many price reductions. But we also believe there are other avenues to stimulate buyer interest in your home.

For sellers who want to bring your house to the attention of an MLS full of active agents, here are some tips to stimulate interest:

Replace ALL kitchen appliances with new ones. Any kitchen update adds instant value, and coordinated brand new appliances would capture every buyers’ attention. Much more pop than a same cost price reduction.

Offer to pay the one time association fee at closing OR a years worth of association fees to tempt buyers to YOUR community.

A buyers’ agency bonus is a great incentive to make your home one of the first shown.

Offer to transfer your home owner insurance policy to the new buyer and pay it up for a year.

Have your home and windows professionally cleaned so the house sparkles and gives a buyer a “good feeling” not found in other homes.

Call Crossroads to discuss other incentives to help sell your home.

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