A Good Real Estate Agent Will Sell Your Home for More
Unless you work
with real estate day in and day out, you are not aware of the changes that take
place in the housing market. A full time professional real estate agent is constantly
working to stay ahead of the market. They know how to maximize the profit from the
sale of your home. The real estate agent you select will make a big difference on
the profit you receive on the sale of your home.
In order to get
the very best real estate agent for your needs, you need to carefully evaluate the
qualifications of each agent you interview. You must work with someone you know
and trust. You must believe the agent is working in your best interest and for maximum
profit. Here are a few points to keep in mind as you look for a good agent.
Do your homework.
Find out who is actively working in real estate in your area. Referrals from friends,
neighbors, relatives and co-workers are best. If someone had a good experience with
a real estate agent, you need to know it. Write down the names and phone numbers
of the agents. Learn as much as you can about them.
Once you’ve done
a little homework, call the agent and pay careful attention. For example, how long
does it take for them to call you back? Are the prompt? Are they courteous? This
may seem like a small thing, but keep this in mind. Your agent will be returning
calls to potential buyers in your behalf. If they pass this first test, then ask
them a few questions over the phone to decide if you want to have a personal interview
with them.
When you have
that personal interview, be prepared to ask some specific questions. For example,
do they have a written and specific marketing plan for selling your home? What will
they do in the first 30 days your home is on the market? What services does you
agent provide? Who do they know that are excellent lenders, inspectors, vendors,
title companies, etc? The best real estate agents have established good relationships
with people that get the job done right and on time.
Review with your
agent what you can do to increase the value of your home, before you put it on the
market. A good agent will tour your home and give you very specific suggestions
on what to do. Listen carefully, write them down and start preparing to sell your
home for maximum profit. You’ll be surprised, but a few simple changes and repairs
can add significant dollars to the profit of your home. Your agent has the responsibility
to educate you on every aspect of the sales process.
Your agent should take
time to explain to you the cost and fees associates with selling your home. You
should know exactly how much profit to expect from your home sale.
In addition, your agent should explain to you what to do when your
home is being shown, how appointments are made, how negotiations normally take place,
etc.
You agent should have
a comprehensive plan for marketing your home. It should utilize the most current
technology. Your home should be available to all buyers, world wide, all day, everyday.
Your agent should have a specific plan for tracking leads. He/she should have a
way already established for of contacting potential buyers. Ask yourself, do the
marketing strategies seem professional? Good agents have many methods for marketing
your home. You should use as many as possible. This will help sell your home in
minimum time at maximum value.
All marketing and advertising
should be professional in appearance and well written. At a minimum, your home should
be listed on the
MLS
(multiple listing service), in local home magazines
and on the internet. There should be a professional looking yard sign in your front
yard. The quality of the marketing materials directly impacts the perceived value
of your home.
There are four factors
that determine the value of your home: the location, condition, price and marketing
plan. Although you cannot change the location of your home, you can determine the
condition, asking price and marketing plan that will be used to sell your home.
Always work with a
full time professional real estate agent. If you’ve followed the suggestions above
in the selection process, the agent will meet or exceed your expectations. You will
get maximum return on the sale of your home.
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