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The following article was published in our article directory on April 28, 2012.
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What Errors Can be Dangerous When Acquiring a Las Vegas Home?

Article Category: Advice

Author Name: {ALPHONSO GONZALEZ|ALTON NELSON|ALVA CARTER|ALVARO MITCHELL|ALVIN PEREZ|AMADO ROBERTS|AMBROSE TURNER|AMOS PHILLIPS|ANDERSON CAMPBELL|ANDRE PARKER|ANDR

The most awful blunder you can make is working with a real estate broker who does not understand the techniques that are needed to effectively sell a property in today's competitive environment. The simple fact is that most listing brokers put a property on the multiple listing service, and just hang around for the telephone calls to come in. The next level of service is a real estate agent who puts a property on the MLS, holds an open house promotion, and carries out a mail shot campaign in the local area. That's nice, however, open houses and mail shots are strategies that produce new customer leads for the real estate agent, but hardly ever sell the property.

The unfortunate fact is that sellers served by these old-fashioned brokers are being ripped off as they are not making contact with all the potential prospects as rapidly as possible. This means homes continuing to be on the MLS for much longer than is needed and realizing below the maximum obtainable sales price.

When selecting a realtor to list your home ensure that they are familiar with all the most recent marketing strategies. The second thing to gauge is whether they have the intensity and devotion to get your property sold-- understanding the methods required is one thing, but performing them efficiently takes effort.

Sellers want to achieve the highest achievable price, but sometimes gluttony encourages home owners to list at above market price. This is a step backwards as it decreases the number of prospective purchasers who will visit the home, and is likely to lengthen the time it is on the market. This unhealthy situation then worsens as potential purchasers take note of how long the residence has been on the market and get suspicious. You should make the most of the marketing boost that comes with having a hot new property, and to do that you should have it listed at market price.

Different sellers have different motivations for sellers. Are you looking to sell quickly, or can you afford to sit on the house until it achieves the highest obtainable price? When you are working with your broker to determine the sale price, consider your motivations.

If your purchaser needs to buy in a rush you can use this by dismissing on some of his needs. On the other hand if this is a cash buyer with offers on several properties at any time you have to negotiate in the understanding that the buyer is likely to be less pliable on deal terms. Knowing your buyer will help you regulate the rate of the negotiation process and its outcome.

About the Author: The writer is an expert in Las Vegas foreclosures. To contact a Las Vegas Realtor , visit Las Vegas short sale .

Keywords: home buying, home buying Las Vegas, buying a home

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