The
selling process generally begins with a determination of a
reasonable asking price. Your Real Estate Professional 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.
See What
is a CMA? for more details.
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 50% 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. |