Top 5 Tips To Selling Your Home In A Recession
If you're looking to sell your home or property but nervous about putting it on the market because we're in a recession, here are my "Top 5 Tips To Selling Your Home In A Recession."
Be Patient - During these times, your property will be on the market longer. The right buyer will come at the right time. Don’t reduce your bottom line by rushing a deal.
Understand Your Numbers - Know and understand your payoff amount, fees, commission, closing costs, transfer tax, etc.
Be Prepared To Handle Repairs - This is a buyer's market; therefore, they will ask for certain repairs before closing.
Negotiate Your Closing Costs - This is where Tip #2 comes in. If you know your numbers, you'll understand the max closing costs you can cover, and the deal is still viable for you.
Have The Right Team In Place - You want to have a broker and attorney working on your behalf to get your property sold quickly and profitably.
If you're selling or purchasing a home in the Chicago area and need advice, reach out to us so we can help allay your concerns with sound business and legal guidance. Schedule a consultation with me at https://www.enterpriseesquire.com/calendar.
