So, you just made a major life decision. You probably found a new job and you are moving away. Or, you found yourself a new home. Or, you are an investor wanting to flip your property to money out of it.
Bottom-line: you need to sell your home or property. And for sure, you want to make the most out of it. How do you do that? Find yourself a real estate agent to represent you. But preferably a realtor. Whats the difference? A realtor is licensed under the National Association of Realtors and follows its prescribed Code of Ethics.
You may be making a huge mistake by selling your home by yourself. Get a realtor to enjoy the following benefits:
You will get the best advice.
Realtors are experts in their field. They know the market and what your property is worth based on its location and specifications. They can tell you how to spruce up your home to increase your selling price. Sometimes, minor fix-ups can raise your propertys value.
They have the right connections. They know whats happening around town, whos selling or buying through MLS, or multiple listing service, an updated file of properties on sale available to real estate agents. They know how to negotiate. They do their homework. They will research to get you the best deal.
You will get your homes real or best worth.
Some people think that they can save on money by selling their house on their own. This may not be entirely accurate. You may have underpriced your home and thus, lose money. Wondering why its been weeks and months and still youre without an offer? Maybe you have overpriced your property. Wouldnt counting weeks and months of your house still in the market cost you?
You will sell your home more quickly.
Your property will be listed where it should be and known to the right buyers. Because of the Realtors connections, your home will be in the radar of buyers and their agents. And since your home is priced right, offers will be coming in in no time and all you have to do is to choose the highest bidder.
You can just relax and be stress-free.
You can go on enjoying your life while your realtor works hard for you. You will not have to worry about studying and filling up all the many forms and documents necessary to sell your house.
You will be in good hands.
As mentioned earlier, realtors are part of a national organization that promotes honesty and integrity in dealing with its clients. They have an obligation to protect their clients interests; otherwise they will be penalized or kicked out.
Tips on Finding a Topnotch Realtor
If youre paying for a realtors commission, might as well get the best one out there who can work for you. Here are some things to consider when hiring a Realtor. Always ask for a referral. Your friends, family members or co-workers will surely not refer you to someone they didnt like working with.
Give them a test. See how fast this realtor responds to a call-back. You dont want someone slow and who will only get back to you days after. You want someone quick on their toes because thats how he will most likely be when he starts working for you.Ask the right questions. Its not just about how long a realtor has been around to gauge his expertise and if hes updated with the market. To verify, you can inquire as to how many buyers and sellers he represented in the past year.
To see how good he is as a negotiator, ask what is the average variation of his initial offer to final sales price in his previous deals. That is not to say that inexperienced or newbie realtors should be out of your list. Sometimes, these are the hungry ones who want to give their best and exert extra effort.
Remember in the end you want to sell your property at the best price. The person you use should be someone you want to work with someone who has your best interests in mind and someone you can trust.