Trading in a used home, like a used car, means getting a wholesale price, usually 10% less than they would net selling it retail through the NewHomeBuyersRealty program, for their existing home and is not for everyone.
This program, in conjunction with NewHomeBuyersRealty, provides a back up plan, to ensure the client won't cancel, due to the sale of their existing home contingency. If the home is not sold when the client has to remove all contingencies for the new home. And the client wants to go forward with the purchase of the new home, the wholesale buyer will inspect finalize a contract to purchase the home, and schedule the closing to coincide with the completion date of the new home.
The NewHomeBuyersRealty agent will cancel the listing with the client at no cost.
Some buyers may choose to trade in their old home when the new home is completed and avoid the stress and costs related to the time needed and the inconvenience of marketing the resale home, and of course having to move twice. |
