Common Real Estate Deal Killers
When selling a home, you need to be aware of common real estate deal killers. These deal killers are generally from lack of knowledge on the part of the seller, and can easily be avoided. As always, an excellent tip is to follow the advice of a real estate professional like Karyn and Kimberly Schonherz. They will be able to share with you what they have seen ruin deals in the past.
Home-Related Real Estate Deal Killers
Sometimes, the reason a buyer's change of heart occurs is because the house does not meet the buyer's expectations. This could be:
- Structural issues - While the least common deal killer in the real estate market, it does happen. The issues have to be assessed by a structural engineer to discover what truly needs to be repaired.
- Electrical problems - Potential fire risk can be scary for buyers. The best choice is to replace any dangerous electrical panels so that you can avoid this deal killer before it becomes one.
- Roofing concerns - A roof that has underlying conditions should be repaired before the house goes up for sale. Someone who has just bought a house will not want to replace a roof right after closing.
- Fireplace and chimney - If there is a chance that the fireplace is unusable because it needs a multitude of repairs, a buyer might go to look at a similar house with a fireplace that has been maintained.
Personal Real Estate Deal Killers
Aside from home-related problems, there are personal reasons why a real estate deal can be ruined. Simply having the wrong attitude about selling your home can be a turn off for buyers. Nobody wants to buy a home from someone who is impossible to deal with because they are only interested in how much money they can make. Being open to negotiation and being polite with people who need to be convinced that they are looking at the house for them is just part of the real estate business. For further information on how you can avoid killing real estate deals, call Karyn and Kim Schonherz at 714-283-6653.
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