When The Buyer Backs Out: Real Estate Sales SolutionsWhen The Buyer Backs Out: Real Estate Sales Solutions


About Me

When The Buyer Backs Out: Real Estate Sales Solutions

The first time I sold a house, I had no idea that the buyer could back out of the contract partway through. I was taken aback when it happened to me, and my real estate agent had to explain the process of terminating the contract and requesting the earnest deposit. After the contract was terminated, I spent a lot of time researching why a buyer could back out of a sale, what I could do about it as the seller, and ways to minimize the risk of it happening. I created this site to share what I've learned in the hopes of preventing other homeowners from experiencing what I did. I hope it helps you to be better prepared as you sell your home.

Categories

Archive

Latest Posts

Help Your Real Estate Agent Get Your Home Sold
26 October 2017

While it's true that your real estate agent is mor

The Millennial Home Buyer: How Technology Can Save Time And Help You Succeed
18 October 2017

For those who make up the most active segment of t

3 Things You Need To Know About Caring For Your Manufactured Home
17 October 2017

Mobile homes are a great way to become a homeowner

Do You Need To Sell A Vacant Home?
10 October 2017

In an ideal situation, your old home will sell bef

Where To Buy A Vacation Home Outside Of Manhattan If You Like To Swim But Hate Pools
27 February 2017

If you're the type that loves to swim, but hates t

3 Ways Your Open House Can Be A Complete Failure

Online listings and brochure previews can really help sell a property. However, open houses can do wonders at bringing in offers. Because of this, it is very important that you take certain measures to ensure that your open house is a success. There are certain things that can make or break your open house. Here are a few things that will turn yours into a complete failure, so you will want to make certain that you avoid them at all costs:

1. Focusing Only on Smells

This is something that many homeowners tend to fall prey to. The thing here is that you may find a certain scent appealing, but it doesn't meant that the potential buyers that come into your home will find the same scent attractive. Plus, they could find the aroma overwhelming and assume that you are trying to cover something up, such as mildew or rot. Instead, simply focus on cleaning your home thoroughly.

2. Excessive Hovering Over Potential Buyers

Many people get turned off when they go to buy a car and the salesperson hovers over them the entire time. The same can be said at an open house, so make sure to allow prospective buyers to explore the home. If they have questions, they'll ask. At the very least, wait to go up to them until they've had plenty of time to go through the entire house. After all, they aren't going to have questions when they first walk in the door.

3. Pets and All of Their Smells

Your and your family may be extremely close with your adorable little pup or kitty, but the rest of the world isn't. And while you may love him, it doesn't mean that everyone else is going to. In fact, some people are allergic to cats and/or dogs. Therefore, it is crucial that you ensure pets and everything to do with your pets are out of the house on the day that you plan to have your open house. Any trace of your pet should be removed, including toys and litter boxes. Pay special attention to dander, pet stains, etc.

If you need help setting up your open house or you would simply like additional advice on what to do and what not to do, don't hesitate to reach out to a real estate agent in your local area. Remember, your open house can help bring in offers for your home, so you need to make sure that you do everything right.