Selling your property is a daunting task. The first decision you have to make is
to do it on your own or hire a real estate agent. Don’t take this decision lightly.
Although you can save thousand of dollars by doing it yourself, it can also cost
of thousand of dollars too. There is a reason why the majority of sellers use an
agent; agents know how to get results. It’s often better to leave the sale of your
property to a professional, especially if you have a limited knowledge of your local
market, the real estate law, the closing process and you just simply don’t have
the time.
If you decide to use a professional real estate agent, then do just that and pick
a professional agent. Avoid using your buddy that got his real estate license but
hasn’t done much with it. Yeah, they are giving you a break their commission, but
they can’t add the value a fulltime agent will.
You wouldn’t hire a part-time doctor to perform your surgery now would you? Some
Realtors offer something called “flat fee MLS”. Run, don’t walk, away from these
hybrid options. Again, either get the knowledge required to do it your self, or
hire a professional Realtor. You won’t find a professional Realtor offering a “Flat
Fee MLS”. Your home most likely represents your largest investment; you deserve
to hire the best. Interview several agents as you would interview a potential employee,
check references, review their other listings and then make your decision. There
are many very qualified Realtors on this site you can search here.
Whether you use a Realtor or not, you’ll want to understand the steps everyone needs
to take to get their home sold. There are many sites to search on the Internet with
free advice.
Here are some common things to think about.
• Decide on hiring an agent or doing it yourself
• Be informed - search real estate sites, find references, get a good book
• Price your home correctly – know your market or talk with your Realtor
• Stage your home – your home should look like a model home if not, fix it
• Exterior - exterior is most important when it comes to buyer appeal, clean it up
• Interior – remove clutter, get a storage unit and store everything you don’t regularly need
• Open drapes and set the temperature so it’s comfortable to potential buyers
• Fix known problems – fix it now rather than later
• Look into getting a whole house inspection – fix issues that come up in their report
• Look into offering a home warranty – great selling feature
• Marketing Plan – create or understand your marketing plans – get yard signs
• Don’t crowd potential buyers during showings, give them some space
• Don’t apologize for the condition of your home – lived in homes are never perfect
• Remove your pets during showings and any signs of your pets
• Be careful with the odors you create by cooking at home, we all don’t like the same smells
• Clean your house daily, make beds, clean sinks, mirrors – be ready for showings at all times
• Financing – understand buyers financing situation & options
• Moving – plan your move ahead of time