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Attracting Potential Buyers To A Property

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  • Videojug
  • 2:28
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  • 360p
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  • 900kbps

Attracting Potential Buyers To A Property

Ed Mead (Estate Agent) gives expert video advice on: Who are the best people to sell my house to, and why?; Who are the worst people to try to sell my house to?; How do I make sure I don't attract timewasters? and more...

Who are the best people to sell my house to, and why?

In an ideal world, obviously, you'd love to sell your property to someone with a big bank full of cash, but unfortunately, money laundering has put pay to that; these days the word cash has been supplanted by 'not in a chain.' So what you want to look for is someone who's not in a chain and preferably has all their finances organized already.

Who are the worst people to try to sell my house to?

The only people you really need to be wary of are people who haven't yet sold their property. My sales people, for example, when they have someone register with them, will ask "Have you sold your property yet? Do you need to sell your property before you buy?" Obviously, if the answer to that question is "yes" then we want to know how we can help sell the property they've got. You want to make sure the person you are selling to is actually in a position to buy.

Should I ask for proof of financing from a potential buyer?

It's certainly an entirely sensible thing to do, to ask for proof of financing. The buyer doesn't have to produce it, but if they don't, there's every reason to suggest that perhaps they're trying to hide something.

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