We’ve all heard the old saying about being caught between a rock and a hard place. Well, unfortunately, that’s where most homeowners find themselves when they decide to move from one home to another.
The Real Estate Catch 22
You see, if you buy before selling, you could run the risk of owning two homes. Or, just as bad, if you sell first, you could end up homeless. That’s what is known as the Real Estate Catch 22, and for thousands of homeowners, it’s an extremely stressful position they find themselves in.
“ If you buy before selling, you could run the risk of owning two homes…”
How to Avoid The Real Estate Catch 22
“…or just as bad, if you sell first, you could end up homeless”
This financial and emotional tightrope is one many homeowners feel they have to walk alone. However, you should seek out agents offering specialized programs that can eliminate the stress and worry associated with selling and buying another home.
The biggest dilemma when considering purchasing another home is deciding whether to buy first or sell first. Either way is risky because you could end up owning two homes or no home at all. Let’s face it, the real estate market has become a tough environment for buyers and sellers alike. The fact is that it’s more difficult to get homes sold today and therefore it’s essential that real estate agents look for new and innovative ways to meet the demands of the market.
A new and innovative program that some agents offer actually guarantees the sale of your home and takes away all of the worry and stress associated with selling and buying another home.
Here’s How it Works
1. Your agent will prepare a total market analysis including a computerized print-out of all comparable home sales and listings in your area.
2. With this information you and your agent can determine a market value for your home.
3. This establishes your guaranteed price and list price which you will receive up front (in writing) before your home is marketed.
4. You are doubly protected because you know that your home will sell for the guaranteed price. However if you receive an offer from an outside buyer for more than the guarantee price you get the higher offer.
5. You can confidently look for your next home and immediately place a firm cash offer (not a conditional one) when you find a home you like because you know the minimum that your home will sell for and when you can expect to receive the money from it’s sale.
6. This service eliminates the usual stress and worry (the emotional roller coaster ride) of whether to buy first or sell first so you can avoid the risk of getting stuck with two homes or no home at all.
Remember, not all real estate agents are alike and you should consider only those that can offer you the most innovative marketing plan available to ensure that your needs are completely and properly met.
DRAFT: Guaranteed Sale program & disclaimer
Thank you for the opportunity to work together in selling your home.
Our Guaranteed Sell Program creates more demand for your home. By advertising to Buyers that we can buy their home if they buy yours*, your home stands out above your competition as one that is easier to buy. You are also more likely to get firm offers vs. conditional ones since we are willing to guarantee the buyer’s home will sell. *
I can guarantee the sale of your home if you choose to move up and buy a home listed by me, subject to certain conditions*.
These conditions include, but are not limited to, you and I agreeing on a purchase price, the property condition and possession date. You understand and acknowledge that the Exclusive Right to Sell Listing Agreement used to engage Your Home Sold Guaranteed Realty (YHSGR) services to sell your home is not an agreement guaranteeing your home will sell or I’ll buy it. There must be a written and fully executed Residential Purchase Agreement stipulating all terms and conditions of a sell between you and I or my assigns as purchaser. Should we enter in to such an agreement, you understand that if an offer comes in from another buyer at any time during the listing period and that offer is higher than the guaranteed price from me, you the seller get the higher offer not me. **
Our mission is to sell your home at a price agreeable to you, in your time frame and with the least hassle. It’s innovative and proven programs like my guaranteed sale program that help us create more demand for your home and influence a sale.
By signing above, you are acknowledging you have read the above summary disclaimer for the Guaranteed Sale Program and understand this is for informational purposes only and does not represent a binding agreement or contract for Purchase and Sale of your home.
**A copy of a blank Guaranteed Purchase and Sale Agreement (the residential purchase agreement) is available to seller upon written request.
LETICIA ALMARO NICOLINI
YOUR HOME SOLD GUARANTEED REALTY, INC. | THE ALMARO TEAM
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