Why Should Home Sellers Listen to a Real Estate Agent?

Your real estate agent plays a key role in the home selling process. As such, hiring the right real estate agent may help you accelerate the process of selling your residence and maximize the value of your house.

Typically, your real estate agent serves as a trusted advisor and will provide you with tips to ensure you’re able to sell your residence as quickly as possible. And if you follow the recommendations provided by your real estate agent, you may be able to reap the rewards of a quick sale.

There are many wonderful reasons to listen to your real estate agent throughout the home selling process, including:

1. Industry Experience

Your real estate agent understands the ins and outs of the housing market. As a result, he or she likely possesses extensive industry experience and can offer actionable tips to help you sell your residence.

As a home seller, you can depend on your real estate agent and his or her years of experience to help you better understand what it takes to sell your home.

From listing a home to streamlining the closing process, your real estate agent knows all about the home selling process. Therefore, this professional can offer expert guidance that will make it easier for you to progress along each step of the home selling journey.

2. Successful Track Record

Your real estate agent has been able to sell homes consistently, regardless of the market conditions. Thus, this professional recognizes what it takes to promote your residence to prospective homebuyers and generate significant interest in your home.

Hiring a real estate agent with a successful track record usually is ideal. With this professional at your disposal, you’re sure to enjoy continuous support from a professional who is committed to helping you achieve your home selling goals.

Furthermore, a real estate agent with a successful track record should be able to help you overcome myriad potential problems that could arise during the home selling process.

Whether it’s a tough negotiation with a homebuyer or ensuring that you’re able to host an open house on a specific date, your real estate agent’s reputation is a great indicator that he or she will do everything possible to ensure you’re fully satisfied with the end results.

3. Honesty

Let’s face it – your home is in good condition, but it is far from perfect. Fortunately, if you listen to your real estate, you’ll be able to use his or her honest recommendations to improve your residence and make it more attractive to homebuyers.

Your real estate agent is fearless and won’t sugar-coat bad news throughout the home selling process. In addition, this professional will tell you how an outdated furnace or messy front lawn could impact homebuyers’ perspectives of your residence and work with you to make home improvements without delay.

Remember, your real estate agent has one goal: to help you sell your home. And if you listen to the advice that this professional provides, you’ll be better equipped to find the right homebuyer for your residence in no time at all.

How Real Estate Agents Get More Money For Your Home

To get top dollar for your home, consider inking a deal with a real estate agent. Real estate agents, especially agents who have been selling homes for several years,are well versed in realtor and lender jargon. They know how to negotiate competitive rates with lenders. Relationships that they have with area real estate agents prevents them from getting hoodwinked.

Pocket bigger profits when you sell your home

But, real estate agents aren’t free. Neither are they cheap. Typical commissions that real estate agents charge range from five to six percent of the total price of the house sell. Services included in the commissions depend on agreements that you make with your agent. As an example, a real estate agent might include the costs of house staging, attending open houses and prime real estate listings in their fees.

Your profits depend on what an agent is able to sell your home for. To get more money for your home, real estate agents:

  • Hire inspectors to walk through your house and spot wiring, roofing, flooring and drainage issues. Real estate agents also reach out to contractors, realtors and repair workers to perform upgrades on your home.
  • Research the market and understand competitive housing prices in the regions that they work in. To get you more money for your home, real estate agents also know what the best seasons to get top dollar fora house are.
  • Negotiate closing costs, encouraging buyers to pick up most, if not all, of the closing costs. Real estate agents may also negotiate to have buyers pick up the costs of unforeseen repairs. This may bed one by marketing that sellers are willing to leave one or more appliances in the home. The gain in this instance would come if sellers already planned to get brand new appliances.
  • Educate homeowners on how they can use personal memories and their house’s history to build interest in their house. A story goes a long way. Real estate agents know that if sellers make a deep enough personal connection with buyers, the price that buyers are willing to pay for the house could increase.
  • Prepare homeowners for the house staging process. Top real estate agents know interior designers and home stagers. They know how much to spend on staging, when to stage and how much to add to the home.
  • Market open houses. In addition to posting”open house” signs near the home, real estate agents list houses in relevant online and print local and regional lifestyle, investment and realty publications and directories.
  • Take photos and videos of the interior and exterior of your home.
  • Create attention grabbing write ups on your house.

Real estate agents use SEO tactics, real estate websites and emails to generate leads. They use social media, door signs, newsletters and paid ads to generate interest in your house. To get more money for your home, real estate agents also tap into their realtor networks.

What Every First-Time Buyer Needs To Know

When you make the decision to buy your first home, you should be certain that you’re ready to make the leap into homeownership. There’s many different things that you should do as a buyer to get ready before you even set out on the search of a perfect home.

Choose An Agent

You may think that one real estate agent is the same as any real estate agent that you’ll find. This is far from the truth. Some agents have certain specialties. The knowledge that an agent will bring to your house hunt is often invaluable. You are making one of the biggest purchases that you’ll ever make in your lifetime. While many buyers think that they can simply do an online search themselves to find a home, your realtor will have many more resources to assist you in finding exactly what you’re looking for.

Figure Out The Financial Portion Of Buying A Home

While knowing how many bedrooms you need and where you hope to live is important, understanding your finances is even more important. You’ll need to talk to a lender to get the process started. After looking at your own personal budget, you should get pre-qualified. Getting pre-qualified allows you to see a general number of how much house you can afford. That can help you start the process, however, there’s still a few more steps. 

From here, you can do what needs to be done to get your entire financial picture ready to buy a home. This includes saving for a downpayment, improving your credit score, and continuing to keep up bill payments and consistent work history. 

Next, you’ll want to get pre-approved. This allows your lender to dig into your financial picture. Everything from your credit score to your income and employment history will be considered. Your lender will then give you a more definitive number of how much you’ll actually be able to get for a loan when you buy a home. To get pre-approved, be prepared with 1099 forms, pay stubs, tax returns, and bank statements. You’ll then have the concrete amount that you’re approved for along with the interest rate that you qualify for. 

Once You Have Applied For A Home Loan

Once you find the realtor to assist you and secure the home of your dreams, you’re not free to head out and buy all the furniture that you need to fill up your house. The home loan must go through the underwriting process and until that is complete, your finances are essentially on lockdown. If you start opening new credit cards, decide to buy a car, or fall behind on payments, you could end up in a lot of trouble. You want to keep your credit score stable throughout the process of buying a home for smooth sailing.