The major differences concern the property types that are eligible, the cash required at closing, the involvement of a Realtor in the loan process,
the recommendation of a professional home inspection, and certain closing costs.
Mary Kay Irving: Sellers actually have a little bit
of an advantage in this market currently because we have such a low inventory with the economic downturn, people had been holding off on selling and so right now because
of the low interest rates we have a lot
of buyers but not enough inventory, not enough property for them, so it's a great time for sellers and my
recommendations for them would also be to hire an agent but to make sure that they get a pre-listing
inspection done and so that they are not caught by any surprises
of work that needs to be done and that the buyers will be asking them to do and also that they make sure, if they've got, money is available to look into getting a consultation from a stager, a
professional stager, at the very least they need to be making sure everything is de-cluttered and arranged properly, so sellers who do hire a
professional stager actually sell their
homes much more quickly and for a higher price, for higher final sale price, so it's in their best interest to actually hire a stager.