Choosing the Best Offer For Your Candlewood Lake Home for Sale

Choosing the Best Offer For Your Candlewood Lake Home for Sale

 

You’ve worked hard on preparing your Candlewood Lake home for sale and have done enough research and consulting with your agent on the best price. You may already be receiving a number of offers from interested buyers.

Having a plan on how to review and select offers from buyers is necessary so you won’t miss out on the best offer.

Selling your Candlewood Lake Danbury CT home will go smoother if you treat it as a business deal and don’t let your emotions influence your decisions.

Here are some tips on how to select the best offer for your lake property, whether it’s in Candlewood Lake or Lake Zoar:

1. Know and understand the process.

            There are 3 things you can do once you receive an offer: you can either accept it, reject it, or negotiate with the buyers to modify some terms in the contract. This is called making a counteroffer.

2. Decide on your most important terms beforehand.

            Decide way in advance the terms that are most important to you, like if price is more important over closing date or if you require the buyer to submit an offer in writing with a preapproval letter.

3. Create a process for reviewing offers.

            If you receive multiple offers for your lake property, work with your agent to create a timeframe where buyers can submit offers. This gives your agent time to market your Candlewood Lake home to as many buyers as possible and time for you to review all the offers. This also allows you to get the best offer and terms.

4. Don’t take it personally.

             Although selling a home can be an emotional experience, it should be considered as a business transaction and treated as such. If a buyer complains about something about your property or makes a lowball offer, don’t be offended. Instead, you could think of it as a sign that the buyer is interested and that these comments or complaints are part of their negotiating tactics. Be ready and willing to negotiate.

5. Review each term.

            Carefully review all the terms in each and every offer. Price is not the only important term to consider. Find out if the buyer is asking to include fixtures with the property like furniture, appliances, window treatments, etc.

With each term, ask yourself “Is this a deal breaker or is it a negotiable term that may help me close the sale?”

In case you have received an unacceptable offer, have your agent talk to the buyer's agent to find out what is most important to them and see if you can meet that need.

The key to a successful negotiation with the buyer is flexibility. Making sure you review and understand all the terms, follow the process for reviewing offers, and work closely with your agent will ensure that you will not miss out on the best offer for your Candlewood Lake home for sale.

If you need more ideas that will help you sell your home, visit www.CandlewoodLakeCTRealEstate.com and read “Top 10 Tips to Prepare Your Candlewood Lake Danbury CT Home For Sale.”

Call me, Deborah Laemmerhirt now at 203-994-4297 and let me assist you with everything you need to know about selling Candlewood Lake homes. My years of experience as a preeminent real estate professional in Ridgefield, Redding, Wilton, New Fairfield, Brookfield, Bridgewater, Roxbury, Washington, Weston, Westport, Southbury, Kent, Sherman, Easton, and Bethel, CT, combined with my dedication to providing the finest service will make it easier for you to find your dream home in Connecticut.

 

Preparing Your Candlewood Lake Home for Sale

Preparing Your Candlewood Lake Home for Sale

Arriving at a successful closing for your Candlewood Lake home for sale depends on how well you prepare for it.

Here are some tips in preparing your Candlewood Lake home:

 

1. Sell not just the home, but the lake.

           A buyer can change the property but they can never change its location. Buyers looking for Candlewood Lake Danbury CT homes are there for the location so make sure to focus your efforts on the lake, the shoreline, and the lifestyle. Whether you are selling a home in Candlewood Lake or in Lake Zoar, make sure to play up the benefits and features of living near those lakes. 

• Make sure that the pathway to the lake or dock is defined, well-lit, and welcoming. Buyers prefer to go right down to the water when looking at lake properties for sale.
• Your shoreline should be clear of debris. You can show photos of the lake in all seasons in your brochures to showcase its beauty all throughout the year. Your brochure could also include details about the lake itself like depth, size, allowed recreation, types of fish, boat launches, boating rules, etc.
• Lake tours also create a great impression with buyers. Have a boat, pontoon, or kayak ready, along with life jackets so you can take your guests and potential buyers on a lake tour. This also reinforces the lifestyle they could look forward to when buying your lake home for sale. 

2. Check for Deck and Dock Safety

            If you have a deck or a boat dock, check for safety hazards and make sure it is sturdy before putting your Candlewood Lake home on the market. Repair or replace any damaged or loose boards. If you have a floating dock, rope it in.

3. Stage With Lake Lifestyle in Mind

            Buyers are buying a lake home not just for the structure or to have something to live in, but for the lifestyle that comes with it. You can help them imagine themselves living that life in your home by staging not just your home, but also the lakeside yard. Include some lake lifestyle items like boats, kayaks, fishing gear, beach towels, a fire pit, etc. However, be careful not to overdo it. Let your potential buyers have a great lakefront experience during your open house.

4. Hire an Agent Who Specializes in Candlewood Lake Homes

            Lakefront homes are unique and require a different set of marketing strategies and skill sets to sell, so make sure you select an agent with extensive knowledge and experience in selling lakefront homes. That agent should also know how to sell the lakefront lifestyle.

Ask questions about the agent’s experience in selling lakefront properties like the number of sales they have closed in the past 2 years, the average time their listings were on the market, etc. You could also ask them to describe Candlewood Lake or Lake Zoar to you as if you were a buyer. If they can’t appeal to you emotionally, then they won’t with real buyers.

These are some of the tips that could help you prepare your home before putting it on the market. Make sure to work with the best Candlewood Lake agent in order to sell your home fast and to a wider pool of buyers.

For more tips and information on how to sell your Candlewood Lake Danbury CT home, visit www.CandlewoodLakeCTRealEstate.com.

Call me, Deborah Laemmerhirt now at 203-994-4297 and let me assist you with everything you need to know about selling Candlewood Lake homes. My years of experience as a preeminent real estate professional in Ridgefield, Redding, Wilton, New Fairfield, Brookfield, Bridgewater, Roxbury, Washington, Weston, Westport, Southbury, Kent, Sherman, Easton, and Bethel, CT, combined with my dedication to providing the finest service will make it easier for you to find your dream home in Connecticut.