What is a motivated seller?

In the area of ​​real estate, the term motivated seller refers to the owner of the house that eager to sell their house. This means that the house owner is willing to accept almost any reasonable offer to buy a house. The motivated seller may have tried to sell the house for a long time, can soon move from the area, or just have to liquidate the value of the house for fast cash.

Real estate agents often state that the property has a motivated seller to increase their interest in a home that has been sitting on the real estate market for some time. It is a common tactic used to encourage buyers who are in medium to low income, or those looking for a home that can be reversed for profit. A motivated seller often has a home worth higher than the required price, so it can be attractive to serious buyers of home and real estate investors.

sellers can be motivated if their own house that does not receive much attention due to a number of factors. Home sales may suffer in undesirableneighborhood or if the economy is slow. Home can be old and needs fixes and updates. A motivated seller often accepts lower offers if they have to move from the area for a new job opportunity or retire at the desired location.

House sales and local economics can in most cases motivated sellers. A high number of houses for sale, but few buyers, can lead to a bad overall economy in the area. When the sale of houses increases, it signals a recovery in a community that encourages investors to set up businesses, create jobs and add the value of the region.

In some cases, a motivated seller may be someone who owns several properties trying to reduce costs. It can be an older person who is a landlord for many years, owners who fight taxes and maintain property or someone who has inherited home in undesirable cloudsSTI. Real Estaagenti E generally helps to deal with motivated retailers and try to get the best offers for these properties so that both sellers and good return levels.