Buying or selling a home or property is probably one of the most significant financial transactions you will ever have. It can be a complicated and time-consuming effort. Enlisting help from a realtor can ensure the process will be less stressful and more enjoyable. Following are the benefits of using a realtor and tips for finding a seasoned, knowledgeable real estate professional.
Benefits of using a realtor:
- Preparing your home for sale:- A full-service realtor can assist you with getting your home ready for sale by providing invaluable suggestions as well as pricing information for comparable properties to establish your asking price.
- Advertising your home:- When the time comes to list your house, an agent can advertise, market, and show your home to prospective buyers.
- Negotiating the cost:- Once you have an interested buyer, a realtor can help you negotiate, as well as make arrangements for the closing.
Following are tips for finding a seasoned, knowledgeable real estate professional who understands local market conditions and has the specific experience to meet your needs best:
- Interview several realtors to determine which one best meets your needs.
- Beware of hiring a family member or friend as a realtor. Although it would be nice to pass the real estate commission on to a loved one, it is ultimately best to go with an agent with a proven track record in your marketplace.
- Hire a full-time realtor as opposed to someone who practices real estate in their spare time. Real estate transactions are complex endeavors requiring agents who are committed to your transaction and understand the ins and outs of the process.
- Ask your selected realtor for a market analysis that compares your property to others on the market. Ensure the realtor you have chosen has done the proper homework and understands your housing market's nuances.
- Inquire about past properties the realtor has sold, including the list price, the actual selling price, and the average length of time it took to sell the houses.
- Get references from their last three clients. Be wary if the realtor hesitates to give you this information.
- Ask your realtor how they plan to drive traffic to your home in order to generate multiple offers.
- Select a real estate agent you enjoy working with.
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