Finance Globe
U.S. financial and economic topics from several finance writers.
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Five Tips for Choosing a Realtor to Sell your Home
Are you interested in selling your home? This is a big decision that should never be rushed. To ensure that you are on the right path from beginning to end, hiring a realtor would be in your best interest.
Regardless of where you live, you are likely to come across many realtors in your area. In big cities, hundreds upon hundreds of agents are vying for your business.
How are you going to choose the right realtor to sell your home? Here are five tips to guide you:
1. Local experience. An agent who has sold homes in your area in the past is one who knows the market like the back of their hand. This experience can be the difference between a quick sale and your home sitting on the market for an extended period of time.
2. Availability. Do you really want to hire a realtor who is selling 20 other homes at the same time? Even if this person is among the best in the industry, they may not have time to take you on as a client. If they do agree to sell your home, there is a chance you will not receive the attention you deserve.
3. Marketing strategy. If you are lucky, somebody will quickly purchase your home after finding it online or through the MLS. However, there is no guarantee that this is how things will play out. The longer your home sits the more you will rely on the marketing strategy set forth by your agent. Before you ever hire a realtor, ask for more information on how your home will be marketed.
4. Communication skills. Can you think of anything worse than hiring a realtor, just to learn that this person is going missing for days on end? You need a realtor who will be in constant communication, ready and willing to answer your questions and do whatever it takes to sell your property.
5. Networking is a big part of the real estate industry. A realtor with a big network is one who will be able to get your home in front of a variety of local agents. Subsequently, these agents can show your property to their clients. Additionally, the most experienced agents are well connected with mortgage lenders, contractors, and other professionals.
With the right realtor on your side the process of selling your home may be less stressful than you ever imagined possible.
Regardless of where you live, you are likely to come across many realtors in your area. In big cities, hundreds upon hundreds of agents are vying for your business.
How are you going to choose the right realtor to sell your home? Here are five tips to guide you:
1. Local experience. An agent who has sold homes in your area in the past is one who knows the market like the back of their hand. This experience can be the difference between a quick sale and your home sitting on the market for an extended period of time.
2. Availability. Do you really want to hire a realtor who is selling 20 other homes at the same time? Even if this person is among the best in the industry, they may not have time to take you on as a client. If they do agree to sell your home, there is a chance you will not receive the attention you deserve.
3. Marketing strategy. If you are lucky, somebody will quickly purchase your home after finding it online or through the MLS. However, there is no guarantee that this is how things will play out. The longer your home sits the more you will rely on the marketing strategy set forth by your agent. Before you ever hire a realtor, ask for more information on how your home will be marketed.
4. Communication skills. Can you think of anything worse than hiring a realtor, just to learn that this person is going missing for days on end? You need a realtor who will be in constant communication, ready and willing to answer your questions and do whatever it takes to sell your property.
5. Networking is a big part of the real estate industry. A realtor with a big network is one who will be able to get your home in front of a variety of local agents. Subsequently, these agents can show your property to their clients. Additionally, the most experienced agents are well connected with mortgage lenders, contractors, and other professionals.
With the right realtor on your side the process of selling your home may be less stressful than you ever imagined possible.
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