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REAL ESTATE 101 - Selling Tips


Qualifying a Buyer

At some point either your or the agent will need to determine the viability of a potential buyer. Identifying whether a potential buyer will be purchasing your home or not, depends on several factors:

  1. The buyer's debt and credit history
  2. The buyer's current income and employment
  3. The buyer's cash position and availability of a down payment
  4. The length of time the buyer needs before closing on your home
  5. How interested the buyer appears to be in your home versus other homes
Don't underestimate the time that it takes to deal with each potential buyer. Having the skill to determine if a person is serious and able to purchase your home can save you a lot of time and headaches.

This information is intended as a guide for those interested in finding a real estate agent to assist them with the purchase or sale of a home. It is not intended to solicit services from those who have already signed listing agreements with a licensed Realtor or to act as legal advice. It is always best to take your questions to a licensed real estate professional in your local area. Find respected agents in your area at mostreferred.com. Most Referred Real Estate Agents® and REALTOR® are registered trademarks of their respective companies.

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