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Sign into your account5 Ways You Can Sell More Using Public Records
April 11 2017
Everyone knows that public records are integral to closing a property sale, but have you really thought about how to use them to improve the price of a sale or to help you reach, or even exceed, your sales goals? Public records, more than ever due to easy digital access, can help you research property and build a clear picture of the seller's motivation to design a winning sales strategy. Here are a few examples:
1. What is the history of a property?
Tax assessor records indicate the age of a home, its improvements, roofing, subdivision, size and other value-based details. Plus, you will see how long the seller has owned the property and how much they paid. Knowing this level of detail about the properties you're showing gives buyers that extra sense of safety and you that extra bit of authority. Sellers and buyers respond favorably when the agent has done their research on the subject property.
2. What is the motivation for the sale and the financial picture?
Public records will tell you how many times a property has been on the market, withdrawn, and how long the seller has owned it. Is it a forced sale, or a flipper, or was there a legal incident like divorce or death? Are taxes owed? How much is still owed to the lender? Who is the lender: a large financial institution or a small or individual lender? All these details can tell you the predisposition of a seller, and help you address the seller's needs as well as the buyer's.