|Keeping up with Joneses may leave you behind|
Published: Jul 30, 2012
DO: Ignore inconveniences. If your agent has a very qualified buyer who is genuinely interested in your home and wants to see the house at 7:30 a.m. on a Sunday morning – so be it. It is much better to be available and show flexibility than to lose a serious potential buyer. This is the time when you need to work with your agent and be flexible. Making your home available for showings will increase your chances of a quick sale.
DON’T: Be the “wanna be” of your neighborhood! It is always a good idea to make your house as attractive as possible for your neighborhood standards. Competing and trying to outdo your neighbors will cause you to spend unnecessarily. If you choose to start remodeling and building additions to your home you may end up overbuilding for your area just to keep up with the Joneses. It will be unlikely that you will recover the cost of your investment. Don’t let your neighbors have the last laugh.
DO: Make sure your offer is subject to financing if you intend to get financing from the bank, and that your 10 percent deposit is refundable if the bank turns you down. Failing to specify this important fact may cause you to lose your deposit at the end of the day.
DON’T: Decide to mop your floors and clean your bathrooms with bleach minutes before your prospective buyer is scheduled to arrive. This type of cleaning should be done way in advance so that unpleasant scents have enough time to dissipate prior to showing your home.
• Carmen Massoni is president of Bahama Islands Realty and has 18 years of experience in the Real Estate profession in The Bahamas. She has been the recipient of many international awards recognizing her as a top producer amongst her peers. If you have any questions or need real estate advice, call 322-7770 or email Carmen@BahamaIslandsRealty.com.