Founder of Duvora® - The Destination for Off-Market Real Estate. Local agents will be aware of any upcoming developments in the area, plus plans for stores or other amenities that might affect the value of your property, how quickly it will sell, and the price you're likely to get. However, some of them may claim thousands of dollars in advance fees before they even list your house. A pre-qualification in most instances is not worth the paper it is written on. It looks like Cookies are disabled in your browser. For every $1 you spend, you want to receive $2 in return. "Your agent needs to be able to not only sell your home, but your neighborhood.". Your agent can keep track of everything that is said and keep things in perspective should the buyer ask for concessions based on the inspection. Whether you’re planning to buy or sell a house, choosing the right real estate agent can make a world of difference. Your agent should be able to walk you through how the whole process works and what to expect at each stage, from your initial property appraisal and preparing to go to market, through to inspections, exchange of contracts and settlement. You can find more sales statistics about your neighborhood by entering your address into realtor.com/local. REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO. Most people want an agent they can not only trust but will do all they can to get the most money for their home in the least amount of time with the fewest headaches along the way. You have the right to shop around for a mortgage broker that suits you. Your agent will review each offer and help you negotiate terms to get the best deal. Real estate agents who advocate for their clients are always striving for the best possible terms for the transaction. Preparing your property is an art and needs attention if you want to maximize your sale price. Do they return your calls or emails promptly? online advertising and marketing via social media channels), Traditional marketing (e.g. By comparing agents, you can see how many properties an agent has sold in your area, as well as the average time spent on the market. As the closing draws near, a top shelf real estate agent will take care of all the loose ends for you. Not all agents are bad apples, but the best way to avoid real estate agent tricks is to know what you’re talking about in your dealings with them. Their track record of success with buyers and sellers, though, is some assurance that they are professionals who will know what they're doing in selling your home. When a seller’s agent is there and can see everything in person, they can protect a seller from unreasonable requests. This approach will give you certainty over the fee but may mean the agent sells the house quickly, even if that results in a lower price. And keep on top of the estate agent until you get an answer to that offer. Qualified agents must, and will, present you with their own unique Fidelity Fund Certificate. Few things are as important to a seller as the discussion of how to price your home, and your real estate agent’s ability to land on a listing price that is pitched at just the right level for the local market. A good real estate agent will make sure that buyers are pre-approved – not just pre-qualified. Instead, we
on realestate.com.au or domain.com.au), Digital marketing (e.g. This will make the best impression on buyers. Once they’ve secured your business, they’ll think of some excuse to lower the price. The majority of buyers do not want a construction zone; they’ll pay a premium for the work to be done. or in the case of a rental listing, 1.5 weeks rent. For example, you may agree to a 2% commission rate if the sale price is $480,000 or less, and an additional amount if the property is sold for more than that. These are often called advertising or promotional fees. By the same token, agents with this agenda may restrict making information about your house for sale available to other agents. The Future Is Now: Some of the Most Spectacular Home Automation Upgrades, How to Deal with Tree-Related Neighbour Disputes in Australia, 6 Factors to Consider When Choosing a Crowdfunding Platform, Tapping into the Minneapolis Market – Tips for Property Investors, Showing you the house when other prospective buyers are in attendance. Having a local expert can be a huge advantage for sellers.