Thursday, February 18, 2010

Common Incentives for Arlington and Mansfield Homebuyers - by Tom Brewer

Common Incentives for Arlington and Mansfield Homebuyers

There are many techniques that Arlington and Mansfield Texas home sellers may use to help move their properties. The trick is to offer inducements that will appeal to Arlington and Mansfield Texas home buyers without shortchanging themselves.
Some of the more common things sellers may offer buyers include, but are not limited to the following:

1. Price reduction: As the old saying goes, “money talks”. Arlington and Mansfield Texas home buyers will certainly take notice of home that have been reduced in price, especially if the price has been reduced multiple times.

2. Closing Costs: Sellers will sometimes offer to cover title, lender and escrows for the potential home buyer to ease the burden of cash to close.

3. Down payment assistance: This is a time-proven method of getting buyers committed to buying a home. The seller may offer down payment assistance to the buyer so they buyer can get into the home.

4. Home warranties are also a popular option offered to homebuyers. It gives them a sense of security about certain issues that may come up after their purchase.

5. Amenities: Many Arlington and Mansfield Texas sellers will offer to have furniture and appliances transfer if potential buyers show interest. This serves the dual purpose of offsetting costs for buyers who would otherwise need to furnish their new homes as well as saving sellers moving costs they would incur removing these items.

6. Higher Buyer Agent Commission: Home sellers may offer incentives like higher commission to the selling agent. Money talks with realtors as well.

As you can see, there are many options for Arlington and Mansfield Texas home sellers to use to help increase buyer motivation. The home buying (and selling) process can be long and exhaustive and very stressful but, when all parties do their best to reach mutually beneficial terms of the sale.

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