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The Importance of Knowing about Contingencies Before Buying a Bergen County Home

Although there are encouraging signs in the housing market as of late, it remains true that Bergen County real estate is a tough and ultimately very competitive market. Many Bergen County homeowners are preparing themselves for success in the housing market by embracing the following savvy tips:

  1. Know Your Home
    It’s common for a homebuyer to have the home that he or she is prepared to purchase inspected before closing on the purchase. If any major issues are discovered during that inspection process, the buyer is likely to back out of the purchase. To avoid this type of disappointment, know what an inspector is going to find before the buyer even brings his or her inspector in. Investing in an inspection of your home before it’s on the market gives you the opportunity to address any major issues that exist in the home rather before a buyer even gets involved. This saves major disappointment for you and the buyer down the road.
  2. Know Your Audience
    Selling a house may feel separate from the typical retail market, but in reality, it really isn’t all too different. Just like products being pitched to particular audiences through commercials and print ads, targeted marketing works in the real estate arena, too. Knowing what types of prospective buyers are looking to move into your neighborhood will help you to pick the publications that best fit the pitch. A qualified real estate agent can help you determine these demographics and the best way to reach them.
  3. Home Improvement
    When you’re trying to sell your home, you want it to look its absolute best. Work hard on the landscaping to give the exterior of the house a welcoming and beautiful appearance. After all, it’s the exterior of the house that will be making that all-important first impression. You should also re-paint any rooms that need it and fix any other appearance issues in the home. It may require a bit of an investment, but you want prospective buyers to feel at home when visiting the house.
  4. Build a Team
    Finding a qualified, professional real estate agent to handle the sale of your house is the single most important thing you can do to help yourself sell the home effectively. Real estate agents have vast knowledge of the area, the populations moving to or within the area, what types of sales have been occurring nearby, and how to best execute your sales plan. Real estate agents can also help you to determine the list price for your home, and they can give you the best advice about what home improvements you can do to drive the price of your home up even further.

As you move through the process of selling your home, it’s important to maintain a positive attitude. It isn’t realistic to think that your home is going to sell within the first week of being on the market. If you think of selling your home as a more long-term project, you’ll be happier throughout the entire process.