What To Highlight When Selling Real Estate

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Want to sell a home fast? Mentioning the items that are current trends like its subway tiles or barn doors could help make that happen. Which keywords you use to highlight your property for sale can be the key to selling faster, an average of two months faster, and selling for up to 13 percent higher than the listing price. Words like new carpets won`t do you any good to achieve your goal. When choosing words to describe your home, you should use this opportunity to choose wisely and use words that will highlight any specific details and finishes that may not be visible from the photos attached to the description. The words you use are also giving away hints about the general design and style of your home. Words like craftsman-style home and amenities are something that are well appreciated by today`s buyers, and if your home has that feel free to flaunt them. Also if in the description of your property you highlight that your home has subway tiles and Shaker cabinets, which are becoming very popular with buyers, they may also signal that your home also has other highly appreciated features like open floor design and spacious and well thought out kitchen.

But this doesn`t mean that if your home does not have any of these features that you should start ripping things apart and installing new floors just because they are trendy and may go well with some buyers. These features are appealing, but they may not be the entire reason someone wants to buy the house and may not make a lot of sense to renovate and install them. They simply aren`t justified of cost and time spent upgrading. Instead of doing an expensive renovating, look for some cost effective updates that will refresh the look of your home and will help attract buyers who can envision themselves living in that space. Simple things like adding a tile splash guard to the kitchen, adding suspended and energy efficient lighting, covering the outdated colour with new and trendy colours like something in the grey shade spectrum will give your home a facelift that will help you sell faster.

Other things that you can do in the advert is to point out the parking. This feature is high on the list of almost any buyer. If your home has a private garage or sufficient on-street parking area, be sure to emphasize these characteristics in the description.

Outside space, whether it is a landscaped garden or a balcony, is a feature that goes a long way with buyers who are looking for an outdoor area to relax in. Neighbourhood is very important, and if your home has characteristics that a family might be interested in, you will score more points if you mention that the property is near schools, supermarkets or hospital. If on the other hand your home might attract young professionals and couples, highlight areas of interest to them like bars, gyms and transport links.

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Source by Maria Williams

The 7 Steps For Smarter Home Buying

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The majority of Americans state one of their financial and life goals, is owning a home of their own. However, while some do so, many others fail to reach their goals. There are many reasons for this, including financial, credit, personal situations, family issues, uncertainty, indecisiveness, or lack of planning, amongst others. Buying a house is often a tense, somewhat scary time, because of the stresses, challenges, obstacles, and other, some unknown events. As a Licensed Real Estate Salesperson, in the State of New York, for over a decade, I have decided to dedicate this short article, to some of the basics, which hopefully might make you a smarter home buyer. Here are 7 basic steps to take.

1. Check your credit: Before you ever begin looking at homes, review your credit reports. You have the right to request a copy, for free, once per year, and do so, in order to know your credit score, and any negative factors, which might hurt your quest. What is your score? While there are mortgages for people with average credit, a score of 750, generally guarantees a better rate and opportunity. Is your report accurate, and if it is not, take the necessary, prescribed steps to remedy it? If it is accurate, and your score is not high enough, begin a disciplined approach, to pay back many of your outstanding debts, and improve your score and report, before you begin!

2. Pre – approval: Once you've done the first step, and taken all needed steps, speak to a recommended, quality, mortgage professional. Ask the individual to pre – approve you for a mortgage. This is far different from merely a pre- qualification, because pre-approvals go through the process of reviewing necessary financial documents, while pre – qualifications assume the information you supply is complete and accurate. Know how much mortgage you qualify for!

3. Decide the area: Where do you want to live, and why? Have you factored in, and considered, schools, transportation, safety, taxes, etc. Why have you selected this region? Once you've done that, is there a special section, you favor, and why? Consider all ramifications carefully.

4. Know your needs, and wants: How many bedrooms do you need, and does that take into consideration, future needs, or are you looking at this purchase, as a starter home? How much land do you want, and why? How many bathrooms? Are you seeking a fixer – upper, or a move – in, type of house? Develop a list of personal priorities, from the sunset!

5. Know your budget, and comfort level: There is often a difference between what you may qualify for, and how much monthly expense, you will feel comfortable, carrying! Know both of these. In most cases, you will need 20% down, and are you comfortable putting that down?

6. Choose the right agent, for you: Get recommendations, but always interview several real estate agents, before you hire one! Ask many questions, and have a thorough discussion, to be certain, you choose one which is right for you!

7. Compare; select; make offer: Ask your agent to provide information, so you understand what your budget might be able to procure, in the area you've selected. Look at recently sold homes, as well as those currently on the market. Remember, however, listing price and selling price, are not the same. Focus when you look at potential homes, and when you see one that's right for you, make an offer. Make a fair offer, if you are really interested.

Using these 7 steps will hopefully ease the process for you! Welcome to your new home!

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Source by Richard Brody

The Top 10 Real Estate Agents in New Hampshire

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When you want to know which real estate agents in New Hampshire are in the top ten, you have to understand that they are ranked according to many criteria. These criteria include everything from performance and service, to reputation and customer satisfaction.

The top ten New Hampshire real estate agents include both independent and agency agents:

  1. Buyer's Option Realty in Nashua specializes in the southern portion of the state. Its top agent, Joan Whitebook, has achieved the highest score with 154,681.
  2. Independent agent, Joan Mirantz, operates out of Concord and actively asserts buyers and sellers in the immediate area. Her reputation and success has given her the second place score of 120,048.
  3. Independent agent, Jay McGillicuddy, covers a broad range of areas, working out of Hampstead. He has achieved a high score of 119,856.
  4. Offering out of Dover, Bill Somerset, covers properties in Rochester, Somersworth, Rollinsford and Dover. He has an easily accessible website and has achieved a high score of 58,654.
  5. Jay and Monika McGillicuddy are a combination team with a score of 57,162, and are recognized for their superior service, experience, skills and knowledge of the Hampstead area.
  6. For properties in the north and lakes region, especially Lake Winnipesaukee, Kim Carpenter has gained independent success with a score of 44,712. She has proven herself as a powerful specialist in marketing and offers free consultations in Alton.
  7. Fred Light of Nashua combines his real estate score of 43,583 with services for other offices and real estate agents through his comprehensive web site.
  8. Alpine Lakes Real Estate in Woodstock offers twenty-five years of experience in a generally ski resort area, specializing in custom built homes. There score is 41,437.
  9. Judy Tuscano of Brentwood also has a long track record of experience covering local areas and parts of Maine. Her team provides twenty-five years experience with buyers and sellers, gaining a score of 38,218.
  10. Tim and Pam Ross-Wade work out of Wolfeboro, but serve the entire New Hampshire for both sellers and buyers. Their score of 37,733 has been earned through a reputation of professionalism, energy, experience, qualifications and unique knowledge.

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Source by Mathew Butka

Real Estate Attorney Fees – How Will Your Attorney Charge Fees?

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Hiring a property attorney without knowing about the real estate attorney fees system may lead to a big financial mishap. To make a better decision in terms of hiring a lawyer, we must be aware of the fees generating system, as their cost can be substantial. The amount alone can wreck your bank account, if you are not prepared for that. When you have decided to take legal support from a lawyer, you must be eager to solve any property related issues that leave impacts on your finances too. Therefore, are you ready to attract another financial difficulty with little knowledge in lawyer fees, which may make or break your financial condition?

Basic Factors Working Behind High Attorney Fees

You must have a clear cut communication and negotiation with your real estate attorney regarding his/her fees before signing a legal agreement. So how much do you expect and have kept aside from your expenses to pay for attorney fees? Many of the attorneys possessing high repute in their field of operation may charge higher fees than their counterparts.

However, real estate attorneys take account of multitude of conditions and factors to decide on their fees. Following factors are usually considered by them –

1. How complicated is the case?

2. Span of time that the legal representative is likely to spend for resolving or settling the disputes, including time required for researching, interviewing all the witnesses, gathering facts, preparation of the documents etc.

3. Emerging of newer and sudden developments during the trial period may extend the case longer and this may extend the number of digits in the lawyer payments.

Different Categories In Attorney Fees

A client can be charged with attorney fees for the first meeting. Following amount charged for first meeting, your legal representative may charge you a fixed rate price or on the hourly basis or retaining, statutory or contingency fee. A lawyer may charge you more money for the time spent in the trial period in the courtroom than the time spent in the research and other jobs pertaining to your case that he performed while sitting in offices or libraries. You may as well agree to pay either anyone of these two or a combination of these two. Discuss about the cost, along with your case, when you find a legal representative. Online real estate lawyer databases listing top notch lawyers in the country include their payments system and amount, if fixed. Investing a little time in browsing these directories and databases will be worth the trouble because it will help you save your pocket.

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Source by Andrina James

Why Use a Realtor When Purchasing a New Home From a Home Builder?

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Negotiating with a Home Builder

A dirt construction is a home built from the ground up

An inventory home is a home that is already built and ready to be moved into immediately.

The ability to negotiate on your new home is going to be highly dependent on three variables:

o What type of home you are buying: dirt or inventory
o The current amount of inventory of available plans
o Your local market conditions

It is most important to remember that you are negotiating with the builder's profit margin. Profit margin does not include a buyer's real estate agent's commission. This commission is already factored into the base price of the home, and will not be negotiable. The builder's profit margin is not at risk when a home has not been constructed yet in such cases as 'dirt' deals. Inventory purchases, however, are at a much more likelihood of being negotiable as Dallas new home builders do not like to have inventory sitting in the subdivision, plus they will have to begin paying interest and property taxes on property they hold in their inventory.

Dormant inventory is bad for business. It gives a negative impression to visitors in the neighborhood, and is also very costly to maintain by the builders themselves while touring these homes with prospective buyers. This is why a builder's negotiability is higher in inventory homes; they simply want to get rid of them as soon as possible.

It is important to scout neighboring subdivisions and learn the incentives and promotions each is having and use this information to your advantage. If you are using the services of Dallas real estate agents in your purchase, which you should (it is free, after all), Realtors will be happy to do this for you.

Do not expect for a hard negotiation to take place. Typically, the best weapon in negotiating new home sales is simply to walk out and return at a later time. This strategy will be sabotaged if you have not gotten financially approved prior to visiting new home builders. You want to give the impression to the sales representative that you are ready to purchase that day. Otherwise, you leave the salesperson open to speculate on whenever or not the 'deal' he is cutting you is really worth the time and effort. If the salesperson feels that your transaction will be very smooth, then a Realtor should have no problem negotiating your sales price down to a reasonable amount.

In the end, a real estate agent's perspective on your transaction is invaluable in your real estate transaction.

Why a Real Estate Agent's Assistance Helps

When you purchase a home you are probably making one of the most important investments in your life. It is important to make sure you make the most informed, intelligent decisions possible in regards to the details of your next home. Many times, this can be clouded by an emotional attachment to a home, which believes it or not, can be created instantaneously.

Have you ever walked into a home, and said the words, "Wow, I love it!" This could be referred to as an emotional attachment. You are now subconsciously wanting this home, and are usually (as long as your finances provide) willing to do whatever it takes to make your family have the same enjoyable experience as you did when walking into a lovely model home. In a Realtor's experience, these emotional attachments cloud the mind, and usually make you make emotional decisions rather than logical ones. In real estate, this is really a bad idea.

Realtors in Dallas and Other Cities Can Help!

Realtors can guide you to finding the perfect home just for you. By using a process that is very intentional and proactive, Realtors are able to fine tune their searches in the Dallas MLS or other MLS to enable us to find the home most suited to your needs.

Once you've found the home of your dreams, let someone that IS NOT emotionally attached to do the negotiating. In a Realtor's experience, they will be able to get better results from a new home builder salesperson negotiation session than you, by yourself, and un-armed. Dallas real estate agents, on the other hand, come fully prepared with neighborhood selling trends and statistics, an un-emotional and un-attached attitude, and the ability to walk-away. Do yourself a favor and take use of this free service!

Did You Just Say 'FREE'?

Absolutely! The costs of the services that Dallas Realtors provide are gladly paid for you by the builder of the home you purchase. They are 'gladly' paid because they bought the builder a buyer for their home and helped keep the transaction smooth and stress-free; it is as simple as that. Without Dallas real estate agents, many builders cut a very important source of business to their communities.

In fact, many Dallas new home builders embrace the service of Realtors.

With such a large transaction you are thinking about doing, it is always wise to consult with a qualified professional to make sure that all your bases are covered. Remember: Using the services of a real estate agent is free when buying a new or used home. What do you have to lose?

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Source by Rodney McNabb

FSBO Prospecting Using Real Estate Letters

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Individuals and families around the country often attempt to sell their properties on their own. While many are successful in their endeavors, there are just as many if not more that are unsuccessful in their attempts to sell. During this housing market, real estate professionals who leverage the available marketing opportunities are financially successful. One effective marketing method is to use real estate letters to market to for sale by owner properties.

Create a Letter

The first step in leveraging this marketing strategy is to create or utilize letters that show the benefits of hiring a real estate professional over trying to sell a property on your own. Providing information, compiling success stories and data are effective in creating a powerful real estate letter for this market. Appeal to the audience in which you are marketing to and be sure to include a clear call to action so that your leads know what step you are asking them to take, and how to take it. Include all of your relevant contact information in the letter, including full name, company name, phone number, business address, email address and company Web site. Make it easy for the prospect to reach you.

Ongoing Marketing

One letter is not often effective at converting these for sale by owners into clients. Develop or utilize a real estate letter marketing plan that will drip these leads over several weeks or months. It is important to get your name and company name in front of these leads as many times as possible during the initial sales cycle, as you never know when the prospect will become an active lead. And, you can be assured that there are other real estate professionals also sending marketing material towards the direction of these prospects.

Many for sale by owner prospects can be converted into clients if they are effectively markeded to. One proven method of marketing to this demographic is the use of real estate letters. Develop a letter campaign, implement it successfully and ensure that you follow up in order to generate the levels of success that you are seeking in this campaign.

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Source by Daryl K Smith

Mortgage Problems – Do a Short Sell and Have Debt Relief

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Are you in a bad financial situation with your home loan? Has your house fallen in price and now you owe more money than the house is even worth? Then the answer for you is a short sell, it allows you to sell your house for below market value but keeps you from a foreclosure which can hurt your credit rating and your financial situation.

A lot of us have felt this downturn in the housing market. If you have bought a house recently within the last 2 years, then you are feeling the pinch with your homes value dropping more and more each day. It is time to understand what your options are, do not panic.

A short sale is a nice option for you to get out of possible foreclosure and sell your house. Let's say you try the traditional method of selling a house that you are upside down in. You have a house that has a $ 200,000 mortgage on it and now it is worth $ 150,000, when you sell the house at closing you are going to be required to come up with the additional $ 50K or the deal will not go through. Most people do not have extra cash like that laying around.

When you do a short sell you need to contact the lender and get their approval, each state has different laws. They will allow you to sell the house at whatever the market is at and you can negotiate with the lender to relieve you from the loss that is taken on the property. A lot of times the lender will agree to this because they know their other option is foreclosure. When they have to sell a foreclosure they usually will only get 50 to 60% of the market value of the house.

The important thing to remember is this can be a good option for you to get out form a upside loan burden and more on with your life.

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Source by Bryan Burbank

Tips to Sell Your Home Quickly

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Try to do a little home work before you show your house to the client. Due to the little changes that you have made there may be an increase in the price of the property. When a buyer visits your house he will not look at the tools, dirty washing, kid's toys etc. He does not want your house to look like a show room but they will expect you to make an effort to show its full potential. A tenant will imagine about his longings in your property but he can not think if you have your personal belongings around. So it would be better if you pack your collections or hobbies. The buyer may bring his girlfriend or mum to see the property, they will spot dirt from a hundred paces. Women will see every nook and corner of the house, before deciding to purchase the house. So try to keep your house clean if you want to increase the value of your house. Mostly in kitchens and bathrooms you will find the maximum dirt. Try to clean them in a proper way. A new shower curtain and fresh towels will help you a lot.

Most people will see the property for the first time driving by and so they will not waste their time viewing if it's not what they want from outside. So it would be nice if you do a little home work like mow the lawn, trim your bushes, and paint faded window trim. If they do not get a good feel when they enter the house they will not buy your house. If your admission is warm and welcoming they will get that feeling. If your property is empty, buyer may not be able to imagine how it could look furnished. Try to rent or borrow some furniture so that the property looks more homely. If people are paying for a three bedroom house they expect to see three bedrooms, not two bedrooms and a storage room.

If you are using a bedroom as a laundry room or storage room they try to put a sofa bed so that you get a comfortable place to sit and still give the appearance of a bedroom. Do make minor repairs like fix leaky faucets, replace burned out light bulbs, clean out cobwebs, wash the windows inside and out, patch holes in the walls, and replace counter tiles. Remove all the unnecessary items like remove the books from bookcases, and clean the kitchen counters. When you are cleaning the house and find some undesired things then just donate or throw them. Pack up all the junk. Put all the essential items that are used daily in a cabinet. If you follow some of these things you will be able to impress the buyer. Try to rearrange the bedroom cabinets and kitchen closets. If you do all this, buyer may think that you do take good care of your home. Small things matter the most when buyer visits your home.

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Source by Andrew V. Wilson

Selling on Your House Without an Agent Can Cost You

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When selling your property, the costs of going through a real estate agent can be intimidating, and you may consider selling it on your own. Since the advent of the internet, the world of real estate has been given a makeover, making it much more accessible to the public. Property listings are available at the click of a mouse, and articles dispensing real estate advice are all over the internet. So while it is much easier these days to learn about real estate, the internet can give sellers a false idea of ​​how much work actually goes into selling a house.

The largest motivator when people decide to sell their homes privately is the commission. When selling without an agent, you can save roughly 5 to 7% in commission fees. This can mean thousands of dollars that stay in your pocket. This money can either be used as leverage in terms of your selling price, or kept as profit. If you do not have to worry about the commission, you may have more flexibility with your asking price.

So why bother hiring a seller's agent?

The biggest mistake that sellers make is setting too high a price for their home. Going by your own feelings as to how much your home is worth can cost you a potential sale. You have emotions invested in your home, so you may not be able to price your home objectively. Also, you need to do a lot of homework to find out what comparable properties in your area are going for.

A real estate agent can save you a great deal of time and energy. He or she will be armed with knowledge about your area's real estate market. She can advise you on what properties are selling for in the area, as well as how long it takes on average to sell. She also does not have any emotions invested in the sale, so can set a fair price for both you and the buyer.

The experience of a qualified real estate agent also comes in very handy when it comes to the presentation of your home. When you have lived in a house for a long time, you can become very attached to the property, as well as to your personal decor. Unfortunately, you can easily lose perspective in terms of how potential buyers will perceive your home. For instance, you may love floral wallpaper, but buyers will cringe at the thought of having to remove it. Having children's toys strewn about may give your home a lived-in look, but the clutter may put off single single buyers.The buyer needs to imagine himself living in your house, so you need to clean and de-personalize as much as possible. An agent can help you pick and choose what changes to make, as they know what buyers want, and they also keep on top of current decorating and home staging trends.

A real estate agent can also give you some much needed motivation to do small repairs and replace outdated fixtures.

Aside from setting a reasonable price and presenting your home in the best possible light, real estate agents also have years of experience dealing with buyers that you do not have.

Marketing is one of your real estate agent's greatest weapons. They know how to get your home the right kind of exposure, and how to target the home to potential buyers. Signs, Internet ads, open houses; the real estate agent has experience with all of these things. These marketing techniques have much more impact on buyers than a simple "For Sale By Owner".

Credibility is also a big issue. Buyers who see "For Sale By Owner" signals are often leery to pursue the property. They know that with all the negotiations and legalities that are involved in these transactions, that a real estate agent is able to make these steps much easier, and faster to navigate. Many complications can arise when uneducated sellers and buyers get together and try to negotiate a deal.

Acting as a screening agent, your real estate agent can make sure that only serious buyers are taking up your time. Many people are curious to see your home, but are not planning to actually buy it. They can waste a great deal of your time and energy, so having real estate agents around to screen these people out can be a big relief for you during this stressful time.

Use your real estate agent as a resource. They have years of experience and know-how that you do not. When you find a qualified agent that suits your needs, trust in them, and listen to their advice. They know what buyers want, and will market your home accordingly, while keeping your needs their number one priority. Again, a real estate agent's objective perspective can be of great value when marketing your home. Real estate agents also have a number of negotiating techniques up their sleeves. Selling techniques, legal issues, market conditions, and neighborhood information are all part of a real estate agent's arsenal. Use their expertise to your advantage, and get top-dollar for your property.

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Source by Justin D Lee

Selling Your Home on Your Own?

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If you have Tampa Bay Florida real estate, Pinellas County real estate or Clearwater property and are looking to put your home up for sale, you have a thousand questions that you need to ask yourself. The first question you need to ask is do you need to use a real estate agent, or can you sell your home on your own?

Unless you have experience in selling homes, or have sold your own home before and know what you are getting yourself into, you should hire a professional real estate agent. The business of selling homes is quite intricate, there is a lot of legal paperwork to fill out, a lot of questions and answers that if you answer them incorrectly can cost you thousands of dollars, which is far more money than you would have 'spent 'on a real estate agent.

Your Clearwater Property is worth something to you, it's not just a home, it's an investment. No matter how long you have owned your Tampa Bay real estate, Pinellas County real estate or your Clearwater property, it has increased in value and has become an investment that you want to protect. By trying to sell your property yourself, you could be losing out on your investment and cost yourself more money than you will make on the sale.

Real estate agents are licensed professionals who know how to sell property. They are skilled and knowledgeable about the ins and outs of all the intricacies that revolve around selling property, from the initial advertising to the close of the deal.

Imagine this: You decide to sell your home yourself and you put a listing in the paper. 'Interested people' start calling you at all hours of the day and night telling you they would like to come and view your home. You wait all day and finally someone, who looks a little shady, comes to your door and you lead them ceremoniously through your home, pointing out all the great features so they will want to purchase your home. In the mean time, this shady character is looking at where you keep all your valuables and finding the points of entry into your home that will be easiest for him when you are not home. That sounds like fun, does not it?

If you already have your home listed as a 'For Sale by Owner', take a look at your track record so far. Have you had anyone come to look at your home, or anyone that was interested in your home? Real estate agents are trained professionals, they know how to gather prospective buyers that allow you to sell your home, especially your Tampa Bay real estate, Pinellas County real estate or your Clearwater property.

I know what you're thinking – how hard is it to sell my own home? You are thinking that no one knows your home better than you do. After all, you are the one that has lived there for however many years, and know just where all the good things are, and where all the 'bad things' are. A real estate agent that has spent years selling and buying homes can probably help you sell yours, faster and cheaper than what you can on your own.

Real estate agents have access to listings that you can not access. A professional real estate agent can list your Tampa Florida Real Estate , Pinellas County real estate, or your Clearwater property across the country with one or two faxes or clicks of a computer button. They are the guys in 'the know' on where to best market your home so it will sell quickly and at a fair price. Your real estate agent will work for you, to get you the best price for your property. The minor commission fees that they charge will be small in comparison to the charges you will incur trying to sell your home on your own.

Let's not forget that time is money. It is better to sell your property in a week or two using a real estate agent than in five months on your own, right? Absolutely!

Find a real estate agent that can take the 'for sale by owner' nightmare off your hands and turn the sale of your property into the dream you deserve.

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Source by Robert Lipply