Tips For Home Sellers – List With The Best Realtor To Sell Your Home
ARE YOU PLANNING TO SELL YOUR HOME SOON?
To sell your house worth the value in terms of money and time, can be a tricky business – not only is there an awful lot to do in terms of navigating the various stages of the selling process and handling the paperwork, but also the entire selling activity, from beginning to end, takes up a considerable amount of time and effort.
For a first-time home seller, it’s quite difficult – if not impossible – to do better on their own rather than with a realtor. The experience, the market know-how, and the local accessibility that a realtor brings to the table can quickly put thousands of extra dollars straight into your pocket. There is, of course, an element of luck to selling a home fast, but if you’re doing everything right on your end, it’s only a matter of time before the right buyer comes along.
And then there are other not-so-obvious advantages as well – managing the many annoying little details, providing emotional support, marketing unendingly to find serious buyers and, finally, negotiating the financials.
Getting a realtor on board is definitely a no-brainer, and rest assured it’s a decision you will never regret – especially if you want to sell your house worth the value it has! That said, you can’t just pick the first person you meet.
Here are some of the main things you need to consider if you want to sell your house –
1. Research, Reviews And Referrals -
Once you have decided to hire a real estate agent, you need to choose your agent wisely, so start creating a shortlist of agents in that area.
Checking online is just the first thing to do, there are many other ways to identify an excellent realtor. When you’re selecting an agent to work with, ask for referrals from people you trust and who have been through the process itself. And consider your particular needs. You could look for similar houses in your area and find out who represented them or you can go the old fashioned way and ask your friends and family for referrals.
Look for a real estate agent who is a Realtor with a capital R. That means they’re a member of the National Association of Realtors (NAR) and have formally agreed to abide by the group’s code of ethics. Some Realtors also have certifications to show that they’ve completed training in a particular area of real estate.
Some Designations Include:
- CRS (Certified Residential Specialist): Completed additional training in handling residential real estate.
- ABR (Accredited Buyer’s Representative): Completed additional training in representing buyers in transactions.
- SRES (Seniors Real Estate Specialist): Completed training aimed at helping buyers and sellers aged 50 and older.
- Check the current listings on their websites to get a sense of the type of business they do.
- Snoop online to check reviews and reputation.
2. Meet And Decide -
Once you have a shortlist in place, the next step is to meet the realtors in person. Selling your house is one of the most important decisions of your life, you want to undertake this journey with someone you are comfortable with.
- Meet them in their office. You can pick up a lot of information from a person’s personal space.
- Be upfront about asking for their credentials – how many homes have they sold recently, check their licenses, request to see their marketing plans and get details of what services they offer.
- Ask them to see your home and discuss the listing price (Agents guaranteeing a sell at a substantially higher price is probably just lying to impress! Usually, someone who offers a range and backs it up with information of similar home sales is more trustworthy).
3. Commission And Services -
It is best to keep the business side of things in mind while picking a realtor – selling your house might be personal for you, but it is a business transaction for the realtor.
The commissions a realtor charges and the services he provides will play a crucial part in defining your final choice. Both the seller of the house and the buyer pay commissions to their respective agents. In some cases, the realtor who is in charge of selling your house ends up selling it directly to the buyer, so he is then eligible for a double commission.
Now Some Tips For Dealing With Financials -
- Negotiate commissions with your agent.
- Agents usually offer discounted commissions when they are not providing add-on services, which could be OK if you are confident of selling your house fast. But in some cases, this could backfire – making agents less inclined to market your home effectively.
- How can you sell your house fast? Well, the AGENT’S ADD-ON SERVICES CAN HELP with that. These include services that range from Staging to enhance the look of your house to professional photographs of your home to Professional 360 – degree marketing to reach interested parties across the local area.
- Generally, you can negotiate a lower commission percentage if you also agree to buy your next house from the same agent.
- Sometimes, the agent has an entire ecosystem of partners such as lenders, a home insurance company, escrow companies etc. and are willing to lower commissions if you agree to sign on their partners.
Finally Go With The Agent Who Actually Closes Deals -
There are career real estate agents, and there are those whom career real estate agents call “hobbyists,” said Freund. Some people get a real estate license just to represent themselves in a transaction. Others do it a few hours a day while their kids are in school. Still others treat real estate as a second job to supplement their “real” occupation.
The Real Estate business is amid a digital disruption, and the inner workings of the property game are changing rapidly. The days of sticking a for sale sign in the front yard and advertising in the local newspapers are over.
To be successful in today’s global digital economy, realtors now need to balance the traditional personalized style of selling with an understanding of all the digital tools available to them.
In this scenario, it becomes even more important to research agents thoroughly, ask all questions and check all the details. Ultimately, the decision comes down to your gut feeling about the person. You will just have to trust your own judgment when it comes to deciding if someone is honest and trustworthy and combine that with the tangible experience they have demonstrated.