| You've
made the decision to sell your home, but don't know what to do now!
Selecting an Agent to help you through the entire process from start to
finish is going to be as important as determining how much to list your
home for, and what your goals are in selling the property.
The
best thing you can do when selecting your Agent, is to choose someone
who has a personality that fits with your own. You will be
spending a lot of time with your Agent, so liking them would be a major
plus!
Consider asking the following questions when interviewing an Agent to sell your home:
Are you a REALTOR?
There
is a difference between a Real Estate Licensee and a REALTOR. A
licensee who is a member of the National Association of Realtors, is
bound by the Code of Ethics and Standards of Practice associated with
the industry, and may be disciplined for violating it. They have a duty
to treat all parties honestly and fairly, and have a fiduciary duty to
their clients.
How does the process of selling my home work?
Your
Agent should be able to explain the process of listing and marketing
your property, negotiating offers on the property, the inspection
process, the closing process and more. Also inquire about what your
responsibilities are during the transaction.
Can you assist in determining my listing price?
An
Agent should know the comparable sales data, and be able to give you
the information you need regarding current listings, pending sales, and
recent sales. After a thorough review of the data, and some advice form
your Agent, you should be able to come up with a listing price. Your
Agent should not be the one to make the final decision about your
listing price.
Can you help me stage my home?
Do you have training and education?
Most
states have strict laws regarding licensing and continuing education.
Your Agent should be able to give you up to date information, should be
committed to continuing education and should always act with
professionalism. Ask if your Agent has any designations indicating a
specialty in any areas, such as Buyer Representation.
Can you give me any references?
Be certain that your Agent is willing to give you references, or let you contact past clients.
What can I expect as far as communication?
You
will want an Agent who listens to your goals, explains and identifies
problems, and answers all of your questions. Communication is key, so
ask your potential Agent how he or she plans on informing you of issues
or concerns throughout the transaction as well as timelines and
deadlines.
How do you get paid?
Inquire
about the fee structure and representation. Listing Agents actually
earn a commission and are paid by the Seller out of funds at the close
of escrow. Ask your Agent to explain the process so you have a better
understanding of how it works. Your Agent is a licensed professional
and is there to help and protect your best interests.
Let
a HomeSmart Agent begin helping you on this journey today by clicking
'Find An Agent' on the left. Or request a Home Valuation by clicking on
the 'What is my Home Worth' button on the left.
Remember, it's a Smart Move…with HomeSmart!
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