WHY ARE THE SELLERS SELLING THEIR HOME?
If there is one common question that I am frequently asked by agents and buyers during my open house, it is this.
There are many reasons why sellers decide to sell. Some want to move to a larger home, some want to downsize.
Some home owners have to sell because of job loss, loss of income, or job transfer.
There are other home owners who want to sell because they have lost their love ones, lost their partner or divorce. Some just want to cash out. As you can see these are just a few of the many reasons why home owners sell.
With that said, some sellers don’t want their agent to tell prospective buyers why they are selling because they don’t want others to know their private business, which I can understand completely.
So my question to you is, why is it important to you?
Thanks,
Tap
Divorce & Real Estate! How do you evaluate your home?
Getting divorced is tough enough. It can be very emotional for everyone. But what happens when real estate is involved? It make matters much more difficult.
Many families are torn when deciding who gets what. How do we split our real estate portfolio? How do we know what is fair, how do we evaluate the values?
Can you imagine how difficut it must be for Frank and Jaime McCourt, the owners of the Los Angeles Dodgers baseball team? Not that you should feel sorry for the McCourts and their difficult task of dividing their Hundreds of Millions in a reported nasty divorce. But it does make it that much more difficult.
If you are not selling the property(s)The first and easiest, along with the least inexpensive would be for you to have your Realtor evaluate it. You should actually have multiple agents come and do a market analysis.
Another thing you can do is ask your Realtor to do a “REV”. A “REV” is short for a review. Your Realtor will ask his/ her associates in their office to come and give their respective opinions on value. This will allow you to have 10-20-30 + different agents provide value in one day. It’s also free!
Usually attorney’s have appraisers come and give their opinion of value. But remember, an appraisal is just an opinion from one person.
The easiest solution is to sell for market value and then divide your assets, but usually one spouse would prefer to stay in the home.
There are no easy answers to this difficult problem, but asking your agent to evaluate your home may be a good way to start.
