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Personal Finances / Buying or Selling a Home

URL:  http://boards.fool.com/1-keep-in-mind-that-commissions-are-negotiable-30548473.aspx

Subject:  Re: Selling Date:  2/18/2013  12:55 PM
Author:  pauleckler Number:  124785 of 126962

1. Keep in mind that commissions are negotiable. Be sure to read that section of the contract before you sign. You can negotiate both buyers and seller agent commissions.

2. Most realtors will gladly advise what you need to do to make your home show better. Some want you to spend much, most will list it as it is, and in between you can decide. Painting, carpets, floor coverings can make a big difference at modest cost. Redoing kitchen and bathrooms can be costly. New cabinets? Granite counter tops? etc etc. I'd suggest you set a budget and carefully consider what changes are cost effective.

3. Think about and come to an understanding about details like: open house (yes/no/when/how often), advertizing, lock box on front door (?), and special considerations like pets, burglar alarms, etc. Will agent call before showing your house?

4. Price your place carefully. If too high, you lose much of the initial enthusiasm.
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