Thinking of selling your home?
Enlist the support of a professional agent.
Navigating the intricacies of selling a home can be overwhelming. If you lack the time or inclination to handle it yourself, turning to a real estate agent is a wise choice. What can you anticipate when enlisting an agent to list and sell your home?
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A Concrete Strategy
The agent representing you should put together a detailed plan for marketing your home for the best possible price. This plan has many facets, which will include many of the following: doing a Comparative Market Analysis (CMA) to see what your home could sell for, listing your home on the Multiple Listing Service (MLS) and other sites, developing sales flyers, “staging” your home to help it look its best, having professional photos taken for advertising, scheduling showings to other agents and brokers as well as scheduling an “open house.”
Your Optimal Advantage
The agent handling your listing is in your employ, thus bearing the responsibility to advocate for the most favorable price and terms during the negotiation of any offers you might garner. It is imperative for them to be attentive to any pertinent details throughout the negotiation phase that could work to your advantage. Additionally, they are tasked with evaluating potential buyers to ensure their suitability for your property and confirming their pre-approval for a mortgage.
Feedback
Your representative should openly communicate any aspects of your home requiring attention, including potential obstacles like necessary repairs that might affect the selling process. The agent is also obligated to disclose all significant information about the property to potential buyers and their agent. Additionally, they are responsible for conveying feedback from individuals who have toured your home. Such insights can prove invaluable in refining the presentation of your property.
Guiding the Agreement and Finalization Procedure
After accepting an offer and securing a sales contract, your representative should assist you in maneuvering through the intricate stages that follow, including addressing option fees, managing escrow, coordinating with appraisers and inspectors, and locating contractors for necessary repairs, among other tasks. An adept and well-organized agent can alleviate much of the stress as the closing day approaches.
Obligations of Trust and Integrity
Primarily, your representative bears a fiduciary duty to safeguard your optimal interests. Cultivate a relationship based on transparency and candor. Hence, building connections with trustworthy individuals for referrals to reputable real estate professionals becomes instrumental.