End the frustration of trying to sell home by yourself
We’ve all heard it: Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Real estate transactions today usually exceed $100,000.
With real estate home prices and mortgage interest rates at historic lows, many owners are choosing now to hop in the game and get their dream home.
If you are if the market as a seller, chances are you will soon be in the market as a buyer. Taking chances selling your home yourself could reduce your purchasing power on your next home.
Selling your home is not just about knowing your home, but knowing how it compares to your competition, which are all the properties similar to yours that are on the market. Pricing your home accurately is everything. Choosing an experienced advocate to represent you is priceless.
An experienced agent will evaluate the market and choose comparables that support the value of your home. Agents will create a marketing plan specific to your needs. Knowing how to present a property to maximize curb appeal is a key component that agents offer.
Often times agents host exclusive tours within real estate offices providing you with additional exposure.
Professional agents can also offer maximum exposure when it comes to marketing online which is where most homebuyers are beginning their search.
Did you know? Most FSBO’s (For Sale By Owner properties) are priced incorrectly. They either sell for too little to begin with or are initially overpriced and linger on the market for ages before the asking price is drastically reduced.
Even after commissions, statistics show that listing your home with a professional versus trying to sell by owner (FSBO) results in not only a faster sale but more money for the seller.
Agents will make recommendations and provide you with valuable information to help your home sell fast for as much as the market will support. Remember, this is a service that most agents only charge if the property sells. Let a professional do the work for you!
Ready to sell your home and move up to a newer one?
Here are 10 reasons the National Association of Realtors advises you to use a Realtor in your home sale.
1. Your REALTOR® can help you determine your buying power — that is, your financial reserves plus your borrowing capacity. If you give a REALTOR® some basic information about your available savings, income and current debt, he or she can refer you to lenders best qualified to help you. Most lenders — banks and mortgage companies — offer limited choices.
2. Your REALTOR® has many resources to assist you in your home search. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties. This includes new homes. Not all new homes available are listed in MLS. Make sure your Realtor is familiar with new home inventory available.
3. Your REALTOR® can assist you in the selection process by providing objective information about each property. Agents who are REALTORS® have access to a variety of informational resources. REALTORS® can provide local community information on utilities, zoning. schools, etc. There are two things you’ll want to know. First, will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
4. Your REALTOR® can help you in understanding different financing options and in identifying qualified lenders.
5. Your REALTOR® can guide you through the closing process and make sure everything flows together smoothly.
6. When selling your home, your REALTOR® can give you up-to-date information on what is happening in the marketplace and the price, financing, terms and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle.
7. Your REALTOR® markets your property to other real estate agents and the public. Often, your REALTOR® can recommend repairs or cosmetic work that will significantly enhance the salability of your property. Your REALTOR® markets your property to other real estate agents and the public. In many markets across the country, over 50% of real estate sales are cooperative sales; that is, a real estate agent other than yours brings in the buyer. Your REALTOR® acts as the marketing coordinator, disbursing information about your property to other real estate agents through a Multiple Listing Service or other cooperative marketing networks, open houses for agents, etc. The REALTOR® Code of Ethics requires REALTORS® to utilize these cooperative relationships when they benefit their clients.
8. Your REALTOR® will know when, where and how to advertise your property. There is a misconception that advertising sells real estate. The NATIONAL ASSOCIATION OF REALTORS® studies show that 82% of real estate sales are the result of agent contacts through previous clients, referrals, friends, family and personal contacts. When a property is marketed with the help of your REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally prescreen and accompany qualified prospects through your property.
9 Your REALTOR® can help you objectively evaluate every buyer’s proposal without compromising your marketing position. This initial agreement is only the beginning of a process of appraisals, inspections and financing — a lot of possible pitfalls. Your REALTOR® can help you write a legally binding, win-win agreement that will be more likely to make it through the process.
10. Your REALTOR® can help close the sale of your home. Between the initial sales agreement and closing (or settlement), questions may arise. For example, unexpected repairs are required to obtain financing or a cloud in the title is discovered. The required paperwork alone is overwhelming for most sellers. Your REALTOR® is the best person to objectively help you resolve these issues and move the transaction to closing (or settlement)