The
selling process generally begins with a determination of a
reasonable asking price. One of our Real Estate Professionals
can give you up-to-date information on what is happening in the
market and assist you in determining your homes current market
value and if necessary can suggest cosmetic repairs that can
drastically enhance the ability for your house to sell quickly.
The next step is a marketing
plan. Marketing,
in essence, means letting the world (and especially other
realtors) know that your home is for sale. Studies have shown
that more than 65% of real estate transactions throughout the
country involve a buyers agent and a sellers agent. In other
words most likely, the agent who lists your house will not also
be representing the buyers. For this reason it is important to
let all other local realtors know that your house is for sale.
Another important factor is
Security. When a
property is marketed with an agent's help, you do not have to
allow strangers into your home. Agents will always pre-screen
and accompany qualified prospects through your property ensuring
your property from theft or damage.
Realtors are also pro's at
negotiating and closing.
They will help make sure you get exactly what you want from the
sale and will ensure that all necessary paperwork is completed
correctly and in a timely manner.
Real Estate Agents subscribe to a strict code of ethics and are
expected to maintain a higher level of knowledge of the process
of buying and selling real estate. An independent survey reports
that 84% of home buyers would use the same Real Estate Agent
again.
As you begin the process of selling your home you will find that
there are many steps that you may not have considered. A real
estate professional is highly trained in all areas of selling a
home. For 99% of home sellers the benefits of using a real
estate agent far outweigh the commission fee they will pay.
If you are considering selling your home yourself
you should consider the following questions:
Do I have the
time, energy, know how, and ability
to devote a full forced effort to sell my home?
Am I offering
financing options to the buyer? Am I prepared to answer
questions about financing?
Am I prepared
to deal with an onslaught of buyers who perceive FSBO's as
targets for low balling?
Do I have the
capability or handling the legal contracts, agreements and any
disputes with buyers before or after the offer is presented?
Have I
contacted the necessary professionals... title, inspectors
(home, roof and septic),
attorney, and escrow company?
These are just a few of the many duties that your agent performs
every day. If you answered no to any of these questions, you
need to use a real estate agent to assist in the sale of your
home. At very least you should contact an agent to help you
determine a reasonable listing price. Remember... this service
is FREE to the homeowner!