Sellers beware! It’s a crazy, competitive sellers market out there. You may be thinking of selling your house, or you’re maybe already are. There are a few things you definitely need to think about. I know it can be nerve wracking with all these offers that are being thrown at you right now. I totally understand. It can be stressful. But don’t worry, I’ve got you covered. Hi, I’m Natasha Carroll, with Natasha Carroll Realty. There are a few things I’ve learned over the past 10-plus years of selling homes in Houston, Texas. We specialize in selling homes here in Houston, Cypress, Katy and the surrounding areas.
Obviously, you want the best price 💰for your house and the best terms. When you’re dealing with multiple offers, one of the things the agent representing the buyer may do is remove the contingencies. You may ask, that’s great. But with my experience, sometimes, I’ve found that buyers will pay a significant amount over the price of the home, and this can be great. But you need to make sure that if you do this, that they remove the appraisal contingency as well. Also, make sure that they really understand what that means to remove that contingency. The buyer themselves will pay the difference between the appraised value of the home, meaning what the appraisal says it’s worth and what the price was offered. So, if the difference is really big, you need to make sure the buyer has the funds on hand to pay the difference in addition to the down payment, as well as the closing costs. So, just be careful when you’re out there selling in this crazy market, and make sure you take this into consideration. Everyone, thanks for watching our video today. I’m Natasha Carroll here, and we’re always here to help you sell your home and make sure that we dot our Is and cross our Ts. Feel free to call us for any reason at all, we’re happy to help. Have an awesome homebuying and selling day. And don’t forget, subscribe to our YouTube channel, Natasha Carroll Realty, for more tips to keep you safe when selling your home. And don’t forget, if you’re thinking about buying or selling in Houston, give us a call, we’re always here to help, your neighborhood real estate specialist.