How to Sell Your Real Estate Investment Property in Any Market: Use This Checklist

Real Estate Investment Property Selling Checklist: 7 Things to do to Increase Your Profits

As a real estate investment property owner, or even if you're just beginning to get into land and property investment, there are 7 things you need to do to earn more money per sale. Before you dismiss this article as the property investment guide for dummies or beginners, understand that even for the most skilled land and property investment buyers need to be reminded of critical steps in real estate investing, since the minor steps, considered details, can lead to significant profits.

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An Introduction to The Property Investment
At this very moment, home is not just a place to live or a shelter from a harsh weather. Home also reflects the personality of the people living there. Nevertheless, home is now become an investment that a person can have. Lots of people invest their money in the form of their own home. And they invest a huge amount of money in it.

Before we come to how to sell you home plan, let we talk about the home plan itself. Home plan is what people need to build their home. Home plan can seem as a complicated thing because you have to consider a lot of factors and try to sort them one-by-one and listing which things that need to be put into your home plan. You have a lot of things that you want them to be as a part of your home plan. However, you have to be very careful in selecting the right composition of your home plan to be a very lovely home.

You can also try to list the pluses or minuses of your old home and you can also ask some friends’ suggestion to make a perfect and beautiful home plan. Make a home plan that is attracted to the homebuyers. Put something different that you think has never been made into your home plan such as an energy-wise design.

Things to consider for a Real Estate Property Investment
You also have to consider the size of the house, are it going to be a one story or two story home, how many rooms are there, how many bathrooms, etc. After that, you can start to calculate the estimate price of your home, but this can be done later.

Besides that, you also have to consider the home’s location that you plan to build your home. Create a home that "fits in" with its surrounding environment. Never make a home plan that does not suitable for the surroundings environment; it would make the home buyers hesitate to buy your home plan.

Nowadays, it can be easier to make a home plan because there is lots of tools that making a home plan as an easy task. On the Internet, we can also find lots of interesting home plans and get some ideas from there and know which kind of house that most people want to have as their home plan.

You can also put your home plans there. This is the easiest and the fastest way to sell your home plan. As we see now, some people invest their money to their home. Another people will give away much money just to have the right home plan that suits him or her desire. Now it is your turn to be a home planners and make the very best purchase from your home plans.

Land and Property Investment Selling Checklist: 7 Things You Need to Do to Increase Profits
How can a buyer get interest for purchasing your house? Impression is the keyword. You just need to get your house ready to sell by doing some preparation. Get inspected by a professional if you want to pay a little effort for maximum results, or if you don’t want to spend much money by paying professional you can do by yourself for getting your house ready to sell.

Now that becomes a question, how to get your house impressed a buyer? Those are the steps for getting your house ready to sell to a buyer.

1. Beautify your exterior of your Real Estate Investment property
What you do is just beautifying. The goal is to make your exterior look pretty and fresh to impress your buyer. Just to inform you that the exterior becomes the first impression to overlook a house.

There are two sensory organs of a buyer you must impress. Those are eyes and nose. By bringing the garden homelike condition to your house exterior, making it looked pretty and freshening it up.

The steps you can do are:
- Get the grass, trees, flowers, and plants tidy and fresh by mowing and watering it
- Clean up the curb and entering path and put the potted flower in the sides.
- Freshen up the smells by put scented potpourri.
- Clean up all of windows and entering doors.
- Get rid of equipments out of sights.
- Paint the walls if necessary.


2. Make the Interior of the Investment property cozy
After buyer got impression from your house exterior, do some simple works to get the coziness of your house interior. It aims to make a buyer feel homelike buy entering your house. These are the

steps:
- Clean up the tile floors; scrub it if there are some bad spots.
- Get rid of spider net from your ceilings.
- Wash the carpets with a fragrant soap.
- Get your furniture placed tidily and gets rid of unnecessary one.
- Brush the closets
- Clean the garage, basement, and attic
- Get the windows opened and clean, it will bring freshness to your house inside
- If you have pets, bath them.
- Put some fresh fragrance in air conditioner.

3. Repairing and Replacing Inside and Outside of the Property
Some Repairing and replacement is necessary to do, if there are some broken furniture, equipment, or appliances. Just check out:

- broken or missing door
- cabinet handles
- ceilings
- ventilation filters
- broken tiles in bathroom and kitchen
- faucet
- wallpaper
- some furniture

4. Get your friends’ opinion on the investment property
Assume some friends like a buyer, and get some advice and suggestion to make your house get more ready to sell. And the most important thing is your friends feel your home like their own home

5. Find a qualified mortgage broker for first time home buyers
Arrange to get a qualified mortgage broker to be at the real estate investment property, whether it is a house, land, or a mobile home. Discuss what you would like to sell the investment property for and what terms you would like for the sale, including mortgage rates, interest rates, amortization rates, and the length of the loan. If you have a mortgage broker in place, this will save time for the buying and selling of your investment property. The mortgage broker might even be willing to pay a few dollars for each of the leads that he will be getting, as these leads, eventually, might earn him a significant commission at some later date.

6. Use the law of reciprocity to help sell the real estate, land, property investment
This tactic might seem manipulative but it can work, provided it is done with the best of intentions, in a spirit of freewill and good-natured giving, for the sake of benefiting others. I'm talking about the law of reciprocity, which states that if you give someone something for free, they are, likely, to feel obligated to do something for you in return.



Here's what you can do to put the law of reciprocity into effect to sell your house, mobile home, or land. An hour before the showing for the sale of the investment property, prepare fresh and delicious homemade chocolate chip cookies. Also, brew coffee and tea. Prepare a table with coffee, tea, fresh cream, sugar, raw sugar, honey, and a variety of flavors of tea. Place plates of fresh baked chocolate chip cookies on the table, along with napkins, spoons, and paper plates.

Put bottles of water on the table, too. Once the prospective buyers and property investors arrive at your house, mobile home, or land that you are selling, greet them politely, offer them to help themselves to coffee, tea, cookies, water, and offer to answer any questions they may have about the property that you are selling. Be polite. Answer questions. The potential buyers are likely to want to buy your investment property because they will associate their experience with you as being pleasant, as they are eating tasty cookies and drinking a pleasurable beverage while looking at the property. In this way, you are creating positive "anchor points" in that you are anchoring or associating their experience with you and your investment property with something pleasurable. More importantly, the buyer, while eating the cookies and drinking the coffee, tea, or water, is likely to feel an urge to do something to return the favor of the cookies and beverage, which, in effect, is the law of reciprocity in motion. You gave them something for free--cookies and coffee, tea, water, and now they feel obligated to do something for you--buy your investment property. It's simple and powerful.



7. Create competition by having an open house for 2 hours only on one day
An excellent way to sell something is to create competition, by holding the sale for a limited time on one day only. Stores do this for black Sunday. It's time for you to do it with your investment property, real estate, land, house, or mobile home that you're trying to sell. Instead of showing the house willy nilly whenever anyone wants to see it, and being overly accommodating to people who have little interest other than wasting your time, you do things differently. This is what you do: Set up one day for the open house, and a period of several hours on that day in which you will show the house. Not only does this put you, the house seller in a position of authority, which, in turn, creates respect, it generates competition by forcing all of the buyers to your real estate to show up on one day, at the same time. Hold your open house on a Saturday or Sunday afternoon, one day only, between the hours of 1pm and 3pm. Advertise this for one month prior to the open house on websites, fliers, and your e-mail list.

summary
If you're a beginner real estate investor or a seasoned investment property owner, you can use this real estate investment property selling checklist to increase your profits. Here is the list, one more time, for your convenience.

1. Beautify the exterior of your Real Estate investment property
2. Make the interior cozy of your investment property
3. Repairing and replacing inside and outside of the property investment
4. Get a friends opinion on the investment property
5. Find a qualified mortgage broker for first time home buyers
6. Use the law of reciprocity to help sell the real estate, land, investment property
7. Create competition by having an open house for 2 hours only on one day

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If you enjoyed this article, please share it with others on Facebook and Twitter by using the share button below. For more articles like this, visit my blog at http://www.TheLandDepot.net Also, to learn how to buy real estate investment properties--land, houses, mobile homes--anywhere in the United States, without having to qualify for loans and even with little or no money down payment, you have got to check out my book at http://www.FlipFloridaLand.com