Selling And Buying A Home - The In's And Out's
What It Takes To Sell Your House
With the advent of the internet and real estate market and marketing changes that has taken place over the last decade or two, selling a home has become more complicated. Most home sellers do not understand what a job it could be in order to sell a home, it’s not an easy job. In reality, it’s not like selling something like a pair of shoes, a television or even a car, it's a process. You don’t just publish your house, meet a buyer, negotiate and sell it, there are some procedures you should pay close attention to in the correlation of home you selling. The following checklist is just a short list of the many things you should be aware of and follow through on if you are going to successfully and profitably sell your home:
- Decide whether or not you will pay an agent to sell your house or just do it by yourself.
- Create and correlated a promotion strategic. These strategies could include newspaper, pamphlet, DVD, or websites.
- Determine a reasonable and proper price for your house. Without proper knowledge, there could be a big difference between what you would like and what a buyer is will to pay. A good real estate agent could help you determine this.
- Get your house ready to sell by doing some preparations for your house exterior, interior, and appliances.
- Decide whether you pay a professional to do pre-listing house inspection or not.
- Get familiar with financing terms, such as mortgage financing (fixed, adjustable, seller financing, assumable loans), pre-qualified, pre-approved, commitment, etc.
- Know what you should or shouldn't improve in your house. A real estate agent could help you with this.
- Find or get helpful tips or experienced advice on buying a new house before or after you have sold your old one.
- Get a good understanding of the closing and settlement process. Not understanding could cost you thousands.
This home selling checklist shows you, the home seller, that there quite some involvement to sell a house. You should pay close attention to this checklist and do the steps rightly. But if you decide to pay a real estate agent, like myself, to help you organize your home selling efforts, just let them carry out the above items. This will help you decrease your involvement in selling your home.
Real Estate Buyer's Agent - Yes Or No?
In years gone by the home selling process and the concerns of the buyer were the responsibilities of a single realtor. However, things have changed and become more complicated, so has the needs of sellers and buyers. Buyers have some very particular needs, and specifically the need to feel that their best interests are seen to. Home inspections, price negotiations, deeds, title insurance, mortgage rates and contracts, and a host of other legal items and contracts, this and more is what the home buyer has to contend with. Yes, gone are the simple finding a house, negotiate the price with the seller, talk to your banker, the house is now yours the days.
Nowadays listing agents are representatives of the home's owner and in that role they have a primary responsibility to that owner. Realistically speaking and would conscious, can one person properly look after the needs of an interested buyer as well as the seller? In today’s housing environment it is often more sensible and sound judgment to enlist the services of a "Real Estate Buyer's Agent".
So what is a "Real Estate Buyer's Agent", and what does he or she do?
Primarily the buyer's agent will begin with the location of suitable properties for their clients. This is usually based upon a list of requirements and desires that the client has communicated to the agent. Other services a good buyer's agent will perform are:
- They will then arrange viewings and recap their findings with their clients and assist in deciding upon a good candidate for an offer. This will be based on the wealth of community information that a buyer's agent commands.
- As specialists, they are experts on their given area which is critical in the education of clients on the areas that they are considering.
- Once a property is decided upon, the buyer's agent changes significantly, evolving into an overseer-negotiator role.
- They will typically coordinate the inspections and conduct the negotiations with the listing agent. This includes the execution of the buyer’s subjects and the closing of the actual contract.
There is an art to representing a buyer. It is a role that has become ever more crucial in an industry where customer service is the single most important thing that an agent can offer. If you are in the market for a home then the buyer's agent is the friend that you need to make sure that you are given the service that you deserve.
Here To Serve You
Residential real estate is a broad market, encompassing a multitude of products and services for both home buyers and home sellers, provided for by a widely variant network of industry specialists. If you are in the need of some expert guidance when it comes to any of your real estate needs, then look no further than the team of qualified residential real estate professionals at John J. Sample Realtor. We can be reached either by phone, at 434-555-5555, or email: firstname.lastname@example.org
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